Introduction

In today's complex and highly regulated business environment, an integrated approach to Governance, Risk, and Compliance (GRC) is no longer a luxury but a strategic imperative for organizational resilience and sustainable growth. Leaders and professionals across all sectors are challenged to effectively manage risks, adhere to evolving regulations, and ensure robust internal controls to safeguard assets and maintain stakeholder trust. This comprehensive training course is meticulously designed to equip current and aspiring professionals with the essential frameworks and practical skills to implement and optimize effective GRC programs.

This 5-day intensive program will empower participants to cultivate a deep understanding of GRC principles, master risk assessment methodologies, and develop robust strategies for compliance management and ethical governance. You will learn to integrate GRC functions, leverage technology for efficiency, and build a culture of accountability and transparency. By mastering these critical competencies, you will enhance your capacity to navigate regulatory complexities, mitigate potential threats, and drive your organization towards greater integrity and operational excellence.

Duration: 5 Days

Target Audience

• Compliance Officers and Managers
• Risk Management Professionals
• Internal and External Auditors
• Legal Counsel and Corporate Secretaries
• Senior Executives and Board Members
• IT Security Professionals
• Quality Assurance Managers
• Operations Managers
• Business Process Owners
• Consultants specializing in GRC

Objectives

• Understand the core components and strategic value of an integrated GRC framework.
• Develop a systematic approach to identifying, assessing, and mitigating enterprise risks.
• Master key compliance requirements and regulatory frameworks relevant to various industries.
• Learn to design and implement effective internal controls and governance structures.
• Cultivate skills in leveraging technology to enhance GRC efficiency and reporting.
• Enhance communication abilities to articulate GRC strategies to stakeholders.
• Develop strategies for fostering a culture of ethics, integrity, and accountability.
• Understand the role of GRC in ensuring organizational resilience and business continuity.
• Create a personalized action plan for implementing or improving GRC within your organization.

Course Modules

Module 1: Foundations of Governance, Risk, and Compliance (GRC)

• Defining GRC and its strategic imperative in modern organizations.
• Understanding the interdependencies between governance, risk management, and compliance.
• Exploring the benefits of an integrated GRC approach.
• Key GRC principles and best practices.
• Case studies of effective and ineffective GRC implementations.

Module 2: Enterprise Risk Management (ERM)

• Introduction to enterprise risk management frameworks (e.g., COSO ERM).
• Techniques for identifying and assessing various types of risks (strategic, operational, financial, reputational).
• Developing risk appetite statements and risk tolerance levels.
• Strategies for risk mitigation, transfer, acceptance, and avoidance.
• Monitoring and reporting on enterprise-wide risks.

Module 3: Compliance Management and Regulatory Landscape

• Understanding the evolving global regulatory environment.
• Key compliance requirements across different industries (e.g., financial services, healthcare, data privacy).
• Developing a robust compliance program and policies.
• Strategies for monitoring compliance and conducting internal audits.
• Managing regulatory changes and ensuring continuous adherence.

Module 4: Internal Controls and Assurance

• Principles of effective internal control systems (e.g., COSO Internal Control Integrated Framework).
• Designing and implementing controls to mitigate identified risks.
• Understanding different types of controls (preventive, detective, corrective).
• The role of internal audit in providing assurance over controls.
• Leveraging technology for automated control monitoring.

Module 5: GRC Technology and Data Analytics

• Exploring GRC software solutions and platforms.
• Leveraging data analytics for risk identification and compliance monitoring.
• Using dashboards and reporting tools for GRC insights.
• Automating GRC processes for increased efficiency and accuracy.
• The role of AI and machine learning in future GRC capabilities.

Module 6: Ethical Governance and Culture

• The importance of ethics and integrity as the foundation of GRC.
• Developing and communicating a strong ethical code of conduct.
• Fostering a culture of accountability and transparency.
• Strategies for whistleblower protection and handling misconduct.
• The role of leadership in championing ethical behavior and GRC principles.

Module 7: Implementing and Optimizing GRC Programs

• Developing a roadmap for GRC implementation or enhancement.
• Key success factors and common pitfalls in GRC initiatives.
• Strategies for gaining stakeholder buy-in and cross-functional collaboration.
• Measuring the effectiveness and ROI of GRC programs.
• Creating a personalized action plan for your organization's GRC journey.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.