Risk Management & Internal Controls
This session covers understanding and managing risk as a core competence for Board members including
- Understanding regulatory requirements and what the regulator looks for
- The importance of internal controls (financial and non-financial) and the roles of the Board and others in achieving effective control
- The risk management framework and cycle
- Risk appetite and policy
- Assessing and managing risk, including cumulative risk
- Monitoring compliance
Central Consultancy and Training managed two strategy development days for the Human City Institute's Board of Trustees. Both days were run extremely well and resulted in an excellent report to the Board summarising how to develop the charity and realise a successful future. Human City Institute
This successful series of Masterclasses was developed to meet the needs of our Board – we were not shoehorned into a pre-existing programme. The Orbit Heart of England Board is diverse - including residents, health and local government professionals, and senior people from the private sector – and every member has got something out of it. We were impressed that it offered a flexible framework which can be varied to meet individual needs - especially so with the coaching support you provided for less experienced Board members, which equipped them to participate on an equal basis. Our new Chair has been impressed by how well the programme has been received. Orbit Heart of England