Are you fostering a risk-aware culture in your organization and helping your leadership have a firm grasp of the intersection of leadership and risk management?
In August 2024, we had the privilege of carrying out a Leadership and Risk Management Training for the Board of Directors and Senior Management of the National Construction Authority-Kenya.
The Leadership and Risk Management Training is a particularly resourceful investment for seasoned executives looking to gain the insights and frameworks to sharpen their acumen in strategic and resilient leadership.
The training can also be an asset to the newcomer in management seeking to gain the knowledge to lead effectively from the onset—proactively identifying and navigating risks for sustainable success.
The August training, organized by ICPAK (Institute of Certified Public Accountants of Kenya), facilitated by Azizi Consulting and held in Nakuru, delved into the areas of:
1. Risk as part of corporate governance
The role of risk management and why corporate leadership needs to manage risk more proactively, including taking into account the risk exposure of every business activity.
2. Importance of risk governance
The benefits of incorporating risk governance as a strategic priority for the executive leadership.
3. The risk and strategy relationship
Understanding the linkage between risk management and strategy implementation.
4. Risk governance tools
Setting up the systems that help your organization manage risk, compliance and governance.
5. Risk appetite and linkage to strategy
The role of risk appetite and how the Board can better articulate your organization’s risk appetite and link it back to strategy to determine whether the organization is taking the right risks: are you assuming too much or too little risk? Should alternative strategies for reaching the goals set out be considered?
6. The role of different players in ERM
The different but complementary roles in ERM (Enterprise Risk Management)–Board, Management and Risk Champions and how they can work together to agree on the risk appetite and strategy of the organization and align their risk management activities accordingly.
For more information on Azizi Consulting’s Leadership and Risk Management Training, please get in touch with us at riskmgt@aziziconsulting.com
For updates and insights on our work and impact, please follow us on LinkedIn at Azizi Consulting