Boards and Risks
Risk awareness and supervision are among the primary duties of boards, yet many do not have a systematic approach to risk thinking, which undermines their ability to make critical decisions.
Organizations face a growing set of enormous risks in today’s context: uncertainty resulting from geopolitical turbulence, evolving social dynamics, climate change tensions, and rapid technological developments.
IMD’s Boards and Risks program enables you, an aspiring or current board member, to familiarize yourself with the tools necessary to fulfill your responsibilities and develop a best-in-class approach to risk that is clearly distinct from executive risk thinking.
Drawing on the expertise and experience of the IMD Global Board Center, the program presents you with relevant case studies and research findings. You will explore how corporations are dealing with the evolution of risk, including issues raised by sophisticated technologies such as AI, and broaden your knowledge of risk assessment techniques. Simulations will give you the opportunity to put your learning into practice and receive constructive feedback.
You will leave the program knowing you are well equipped with the tools needed for risk thinking, and with the confidence to implement best-in-class practices in the boardroom.
Navigating risk governance
- The governance of risk best practices
- Organizational wrongdoing & risk
- Supervisory versus management risk thinking
- Risk simulation
Elevating risk management
- Risk brainstorming
- Dealing with non-traditional risks
- Strategic risks
- Regime shifts & scenario thinking
- Latest approaches to risks and risk appetite
Length: 2 days on campus.