Corporate Governance and Risk Management for State & Public Sector Organisations

Duration: 5 Days (40 Hours) Level: Executive / Board / Senior Management Level Delivery Mode: Classroom, Virtual or Hybrid International Standards Alignment This programme is benchmarked against internationally recognized governance and risk management frameworks, including:

• OECD Guidelines on Corporate Governance of State-Owned Enterprises
• OECD Public Governance Principles
• COSO Enterprise Risk Management (ERM) Framework
• ISO 31000 Risk Management Standard
• INTOSAI Governance and Public Sector Auditing Standards
• Committee of Sponsoring Organizations (COSO)
• International Public Sector Accounting Standards (IPSAS)
• World Bank Public Sector Governance Framework
• IMF Public Financial Management Framework
• UK Corporate Governance Code
• European Public Sector Governance Standards
• National Association of Corporate Directors (NACD-USA)

Course Overview State-owned enterprises (SOEs), public institutions, government agencies, regulatory authorities, municipalities, and public sector organizations face increasing demands for transparency, accountability, service delivery excellence, financial sustainability, ethical leadership, and risk resilience. Effective governance and risk management are critical for maintaining public trust, improving organizational performance, strengthening accountability, and achieving national development objectives. This programme provides board members, senior executives, public sector leaders, and governance professionals with advanced knowledge and practical tools to strengthen governance structures, manage strategic and operational risks, improve accountability, enhance public sector performance, and ensure compliance with international best practices. Participants will learn how leading governments and public institutions worldwide establish effective governance systems, manage risks, oversee performance, combat corruption, improve decision-making, and create sustainable public value. Training Outcomes Upon successful completion of the programme, participants will be able to:

1. Apply international public sector governance principles and frameworks.
2. Strengthen board and executive oversight responsibilities.
3. Design and implement enterprise-wide risk management systems.
4. Improve transparency, accountability, and ethical governance.
5. Enhance strategic planning and performance oversight.
6. Identify, assess, and mitigate strategic and operational risks.
7. Strengthen compliance, audit, and assurance functions.
8. Improve crisis preparedness and organizational resilience.
9. Strengthen governance of public finances and resources.
10. Promote sustainable public value creation and stakeholder confidence.

Target Audience  

• Board Chairpersons of State-Owned Enterprises
• Non-Executive Directors
• Executive Directors
• Permanent Secretaries
• Chief Executive Officers (CEOs)
• Chief Risk Officers (CROs)
• Chief Financial Officers (CFOs)
• Internal Auditors
• Audit Committee Members
• Risk Committee Members
• Public Sector Executives
• Municipal Managers
• Regulatory Authority Leaders
• Government Agency Directors
• Public Financial Management Professionals
• Governance and Compliance Officers
• Anti-Corruption Professionals

Course Units and Sub-Units   Unit 1: Foundations of Public Sector Governance Sub-Units

• Principles of Public Sector Governance
• OECD Governance Frameworks
• Governance Models in State-Owned Enterprises
• Public Accountability Principles
• Governance Structures and Responsibilities
• Governance Challenges in Public Institutions
• Public Value Creation
• International Governance Best Practices

Unit 2: Board Leadership and Governance Oversight Sub-Units

• Roles and Responsibilities of Public Sector Boards
• Board Governance Frameworks
• Board Committees and Their Functions
• Governance Decision-Making
• Board Effectiveness Assessment
• Governance Reporting Requirements
• Board Ethics and Integrity
• Board Performance Evaluation

Unit 3: Enterprise Risk Management in Public Sector Organizations Sub-Units

• Risk Management Principles
• COSO ERM Framework
• ISO 31000 Risk Management Framework
• Risk Governance Structures
• Strategic Risk Management
• Operational Risk Management
• Emerging Risks and Future Threats
• Risk Culture Development

Unit 4: Strategic Planning, Performance and Accountability Sub-Units

• Strategic Planning Frameworks
• Public Sector Strategy Development
• Performance Management Systems
• Key Performance Indicators (KPIs)
• Monitoring and Evaluation Systems
• Results-Based Management
• Accountability Mechanisms
• Performance Reporting

Unit 5: Public Financial Governance and Oversight Sub-Units

• Public Financial Management Principles
• Budget Governance and Oversight
• Financial Accountability Systems
• IPSAS and Financial Reporting
• Fiscal Responsibility Frameworks
• Resource Allocation Governance
• Financial Sustainability Assessment
• Board Financial Oversight

Unit 6: Internal Controls, Compliance and Assurance Sub-Units

• COSO Internal Control Framework
• Internal Control Systems Design
• Regulatory Compliance Management
• Internal Audit Governance
• External Audit Oversight
• Compliance Monitoring Systems
• Assurance Frameworks
• Governance Reporting and Disclosure

Unit 7: Ethics, Integrity and Anti-Corruption Governance Sub-Units

• Public Sector Ethics Frameworks
• Integrity Management Systems
• Anti-Corruption Strategies
• Fraud Risk Management
• Conflict of Interest Management
• Whistleblower Protection Systems
• Transparency and Accountability Mechanisms
• Building an Ethical Organizational Culture

Unit 8: Crisis Management, Resilience and Business Continuity Sub-Units

• Crisis Governance Frameworks
• Crisis Leadership Responsibilities
• Emergency Preparedness Planning
• Business Continuity Management
• Disaster Recovery Planning
• Strategic Risk Scenarios
• Organizational Resilience Frameworks
• Crisis Communication Management

Unit 9: Stakeholder Engagement and Public Trust Sub-Units

• Stakeholder Mapping and Analysis
• Citizen-Centric Governance
• Public Participation Models
• Government Relations Management
• Media and Public Communications
• Community Engagement Strategies
• Reputation Management
• Building Public Confidence

Unit 10: Future Trends in Governance and Risk Management Sub-Units

• Digital Governance
• Governance of Artificial Intelligence
• ESG and Sustainability Governance
• Cybersecurity Governance
• Future Public Sector Risks
• Innovation in Public Administration
• Smart Government Models
• Governance Excellence Frameworks

5-Day Training Schedule

Group Work Activities

 International Case Studies

Simulation Exercises

Capstone Project Governance and Risk Transformation Framework for a Public Sector Organization Participants will assume the role of a board and executive leadership team responsible for improving governance and risk management within a state-owned enterprise or government institution facing:

• Governance weaknesses
• Poor service delivery performance
• Compliance failures
• Financial sustainability concerns
• Public trust challenges
• Increasing regulatory scrutiny

 Capstone Deliverables Teams will:

1. Conduct a governance maturity assessment.
2. Develop a governance improvement framework.
3. Create an enterprise risk management strategy.
4. Design performance monitoring and accountability systems.
5. Develop ethics and anti-corruption controls.
6. Establish business continuity and resilience measures.
7. Prepare stakeholder engagement and communication plans.
8. Present recommendations to a Governance and Risk Oversight Panel.

Assessment Framework

Types of Assessments to Expect Individual Assessments

• Governance Knowledge Assessment
• Risk Management Analysis
• Ethics and Compliance Evaluation
• Strategic Oversight Assignment
• Public Sector Governance Reflection Paper

 Group Assessments

• Governance Maturity Assessment
• Enterprise Risk Register Development
• Public Accountability Framework Design
• Crisis Management Planning Exercise
• Capstone Project Presentation

Practical Assessments

• Board Governance Simulation
• Risk Committee Exercise
• Audit and Compliance Review
• Anti-Corruption Investigation Scenario
• Crisis Management Simulation
• Stakeholder Engagement Forum

Certification Requirements

Certification Award Executive Certificate in Corporate Governance and Risk Management for State & Public Sector Organisations CPD Credits: 40 Hours Competency Areas Covered

• Public Sector Governance
• Board Leadership and Oversight
• Enterprise Risk Management
• Public Financial Governance
• Internal Controls and Compliance
• Ethics and Anti-Corruption Governance
• Strategic Planning and Performance Management
• Crisis Management and Resilience
• Stakeholder Engagement
• Governance Transformation and Sustainability

International Benchmarking Aligned with OECD Guidelines on Corporate Governance of State-Owned Enterprises, OECD Public Governance Principles, COSO ERM Framework, ISO 31000 Risk Management Standard, INTOSAI Standards, IPSAS Framework, World Bank Governance Models, IMF Public Financial Management Frameworks, NACD Governance Standards, and leading USA and European public sector governance best practices.