Risk and Strategy

February 25, 2025 - 9:00 am

Virtual, Zoom

Risk & Strategy

Non-Executive Directors (NEDs) are critical to steering organisations toward sustainable success. As stewards of governance, they must understand the interplay between risk and strategy while anticipating and addressing emerging challenges. This module equips NEDs with the essential skills to navigate an increasingly complex risk landscape shaped by technological disruptions and geopolitical uncertainties.

In an era of unprecedented change, mastering risk management and strategic planning is crucial for organisational resilience and long-term sustainability. This course enables you to proactively manage risks and develop strategies that protect and strengthen your organisation’s future.

This course can be undertaken individually; however, it also forms part of the Certified Non-Executive Director Qualification Programme. Upon completion, participants have the option to carry this award forward towards full programme completion.

 

Who is this Module Course For?

This module course is for individuals looking to enhance their expertise in governance, risk management, and strategic decision-making, including:

  • Board members and decision-makers looking to fine-tune strategies with actionable frameworks and insights from real-world case studies

  • Aspiring NEDs who want to develop a deeper understanding of the critical role NEDs play in governance and risk management

  • New NEDS wishing to enhance their approach to risk and strategy while ensuring alignment with their organisation’s leadership style and objectives

  • Experienced NEDs eager to refine their ability to identify and manage risks with precision, confidence, and foresight

 

What are the Benefits?

This course prepares NEDs to manage complex governance challenges and support sustainable organisational growth. By the end of this course, you will develop:

  • Strategic Governance Skills: Develop a deep understanding of the board's critical role in managing risk and formulating strategy. Master the principles of strong corporate governance to safeguard your organisation’s future.

  • ESG Alignment: Explore how to integrate environmental, social, and regulatory governance considerations into strategic planning. Learn to align your organisation’s objectives with ESG priorities to build stakeholder trust and drive sustainable growth.

  • Enhanced Board Effectiveness: Acquire practical skills to evaluate board performance and identify opportunities to strengthen governance frameworks, ensuring you measurably enhance leadership.

  • Risk Mitigation Expertise: Build expertise in assessing and addressing risks that could impact organisational sustainability and long-term success.

 

Topics Covered

In today’s complex business environment, non-executive directors must possess a clear understanding of the interconnected nature of risk and strategy. This module delves into the key areas NEDs must master to uphold effective governance and promote organisational success.

  • Risk and Strategy Challenges

  • Timeline of UK Corporate Governance

  • Internal Control and Risks Associated with Risk Internal Controls

  • The Legal and Regulatory Risks, and How to Mitigate Them

  • The NED’s Role in Risk Management

 

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Meet your Facilitator

Ruth Odih

Ruth Odih

Ruth is a respected authority in corporate governance. As a faculty member at the Corporate Governance Institute and an educator with Duke Corporate Education, she combines academic rigour with practical experience to nurture the future cadre of Non-Executive Directors (NEDs). As a member of the NED Network Advisory Board, Ruth plays a crucial role in supporting senior executives transitioning into NED roles and keeps seasoned directors informed on the latest boardroom trends. With a rich background spanning multiple industries, Ruth offers clients invaluable guidance on their NED journeys, providing actionable insights into risk management and the development of effective board-level strategies.