Training Course: Governance, Risk Management & Compliance (GRC)

Introduction:

In today’s rapidly changing business environment, organizations must effectively manage risk, maintain strong governance frameworks, and ensure compliance with internal and external regulations. Governance, Risk Management, and Compliance (GRC) have become essential pillars for organizational sustainability, reputation, and growth.

This comprehensive 5-day training program provides participants with the knowledge and tools to develop, implement, and monitor effective GRC strategies. The program highlights the interdependencies between governance, risk, and compliance, helping professionals create an integrated approach that aligns with organizational objectives, industry standards, and regulatory requirements. Through real-world examples, interactive discussions, and case studies, participants will explore the strategic and operational components of GRC and learn how to build resilient systems that protect and support long-term performance.

Target Audience:

• Risk Managers and Compliance Officers

• Internal Auditors and Legal Advisors

• Corporate Governance Professionals

• Senior Executives and Board Members

• Department Heads and Strategy Officers

• Project Managers involved in risk and compliance

• Professionals seeking to enhance their understanding of GRC principles

Training Objectives:

By the end of this program, participants will be able to:

• Understand the core principles of governance, risk management, and compliance

• Develop and implement effective governance structures

• Identify, assess, and mitigate various types of risks

• Ensure alignment of GRC activities with organizational strategy

• Navigate regulatory environments and manage compliance obligations

• Build a culture of ethical behavior and accountability

• Use tools and frameworks to monitor and report on GRC performance

Outlines:

Day 1:

Foundations of Governance, Risk, and Compliance

• Understanding the concept of GRC and its evolution

• The strategic importance of GRC in organizations

• Corporate governance principles and frameworks (e.g., OECD, ISO 37000)

• Roles and responsibilities of the board and executive management

• Building a GRC culture: accountability, ethics, and transparency

• Aligning GRC with corporate strategy and values

Day 2:

Enterprise Risk Management (ERM) Frameworks

• Introduction to risk management principles (ISO 31000)

• Identifying and categorizing different types of risk (operational, financial, strategic, reputational)

• Risk appetite, tolerance, and risk capacity

• Tools for risk assessment: risk matrix, heat maps, scenario analysis

• Risk mitigation and response strategies

• Embedding risk management into organizational processes

Day 3:

Compliance Management and Regulatory Frameworks

• The compliance function: roles, scope, and responsibilities

• Global regulatory and legal compliance requirements

• Anti-bribery, anti-corruption, data privacy (e.g., GDPR), AML regulations

• Developing compliance programs, policies, and controls

• Conducting compliance risk assessments

• Compliance audits and investigations

Day 4:

Integrating GRC Systems and Technologies

• The need for integrated GRC frameworks

• Benefits and challenges of GRC integration

• GRC technology platforms and automation tools

• Data governance, dashboards, and reporting systems

• Third-party risk management and due diligence

• Case studies of successful GRC integration

Day 5:

Monitoring, Reporting, and GRC Best Practices

• GRC metrics and KPIs: how to measure effectiveness

• Internal controls and audit functions

• Whistleblowing and incident reporting mechanisms

• Reporting to stakeholders and regulators

• GRC trends: ESG, sustainability, and digital transformation

• Workshop: Designing a GRC roadmap for your organization