While facing various circumstances in different industries, many once-great organizations have watched their fortunes sink, while others ride the wave of economic turbulence to grow and reap the rewards of success. Governance, Risk Management, and Compliance examines this trend, with a realistic look at what separates the organizations that effectively achieve their goals - regardless of the circumstances - from the ones that wonder, "How did this happen to us?" This module helps to better understand the factors that make up the critical infrastructure that drives every organization. In order to discover what must be done right to prevent catastrophes and seize opportunities for continued success. It provides authoritative insight into the essential collaboration necessary between senior managers and members of the board of directors, with timely discussion of:
- Critical factors for making compliance, ethics, and risk management processes truly effective
- How CEOs and senior management teams cultivate a culture and leadership process to support and drive performance
- How boards of high-achieving companies oversee corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications
- The pitfalls that managers and boards need to avoid
- The future of corporate governance and what's needed for continued effectiveness
With clear guidance on aligning processes, organization, and technology so a company achieves its strategic goals, Governance, Risk Management, and Compliance explains how to protect a company from financial and reputational risk, litigation, and government intervention and avoid the kinds of disasters that can befall any organization.
What will I learn?
- Understand and explain the culture and critical drivers
- Evaluate cost-effective compliance programs
- Understand and implement enterprise risk management
- Implement performance measurement and reporting
- Control operational performance
- Avoid board pitfalls
- No special requirements needed once a student was accepted for the overall MBA program.
- For the MBA program a student need to complete the MBA Common courses and the specialized courses.