Corporate Governance and Risk Management

Business Skills College
3 days

About this module

Part of the Strategic Business Programme, the Corporate Governance and Risk Management module sets out the principles and legal framework that establishes directors and the board being responsible for an organisation’s corporate governance.

About the Strategic Business Programme
The Strategic Business Programme is a dynamic, interactive programme facilitated by the Institute of Directors (IOD) designed to bring out the best in senior leaders already in, or destined for, board roles within MOD and across government.  

The full programme consists of the following modules:

Module 1 - Corporate Governance and Risk Management
Module 2 - Setting Board Level Strategy
Module 3 - Strategic Finance for Non-Finance Directors
Module 4 - Commercial Acumen and Benefits Realisation
Module 5 - Strategic Board Acumen

What you will learn

During the Corporate Governance and Risk Management  module you will:

  • understand the importance of effective governance and the role, duties and responsibilities of a board director
  • consider what can happen when robust governance frameworks are not in place and the impact on the business
  • examine the frameworks and regulations applicable to both public and private sector organisations 
  • discuss risk management, appetite and how to design risk management policy
  • consider how to create an entrepreneurial climate in an increasingly regulated environment

How will this module help my career?

Completion of this module give access to the IOD's Award in Role of the Director and the Board online course and ability to sit the exam.

The overall Strategic Business Programme is designed to develop understanding of how strategy, governance and financial control are implemented at a strategic level where leadership teams are drawn from a diverse range of backgrounds and skill sets but collectively have one common goal - the success of the organisation.  

Over the duration of the programme, you will interact with a variety of senior leaders and IOD facilitators selected for their experience at board director level.  

You will have opportunity to reflect on guidelines, approaches to strategic governance and best practice.  You will receive an IOD accredited Certificate on submission of a reflective journal once you have finished the programme.  In addition, completion of the Corporate Governance and Risk Management module will give you access to the 'Role of the Director and the Board' IOD online  training for the Certificate in Company Direction. This will give you the opportunity to sit the associated examinations within 2 years of attending.   

IOD inspiring business logo

Can I attend this module?

This module is suitable for the following type(s) of applicant.
  • Industry
  • Internationals
  • Military
  • MOD Civil Servants
  • Partners Across Government (PAG)
You will be expected to have held or be holding a senior leadership role within your organisation, with exposure to or experience of board level decision making.   

MOD delegates will be pre-selected and nominated by their respective manning authorities.

IOD inspiring business logo

How will I learn?


How will you be assessed?

At the end of the programme, you will be awarded a Strategic Business Programme Certificate which is subject to submission of a reflective journal.   

Delegates wishing to go on to study for the full Certificate in Company Direction with the Institute of Directors and will be examined under their own processes and is subject to a fee.   

IOD inspiring business logo


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