Search
5-Day Training Course

GRC Advantage:
Smarter Strategy, Better Control

Enhancing Corporate Strategy Through Governance, Risk and Compliance

Course Overview

In today's business world, organizations face increasing challenges that require them to develop robust and effective management systems to ensure their sustainability and growth. 

Governance, risk management, and internal control are three fundamental pillars that together form an integrated strategic framework aimed at achieving institutional objectives and protecting the interests of all stakeholders. This framework is not limited to compliance with regulatory requirements only, but extends to include enhancing transparency and accountability and improving decision-making processes at all management levels.

The proper implementation of governance principles ensures the existence of a clear administrative structure that defines roles and responsibilities, while risk management contributes to identifying and assessing potential threats and developing strategies to deal with them proactively. Internal control provides mechanisms for continuous monitoring and verification of the effectiveness of institutional operations and procedures. This integration between the three elements creates a robust work environment that supports sustainable growth and protects the organization from risks.

Key Excellence Points

  • Strategic Integration: Linking governance, risk management, and internal control in a unified framework that supports the organization's strategic objectives
  • Practical Methodology: Applying modern tools and techniques with realistic case studies from Arab and international environments
  • Comprehensiveness and Specialization: Covering all aspects of the subject from theoretical foundations to practical application and continuous assessment
  • Continuous Update: Keeping pace with the latest international standards and best practices in governance and risk management
  • Sectoral Application: Customizing content to suit different sectors (banking, industrial, service, governmental)

Course Objectives

Providing participants with a comprehensive understanding of:

  • Corporate governance concepts and their importance in achieving strategic objectives and protecting stakeholder interests
  • Developing practical capabilities in identifying, assessing, and managing various risks using modern tools and techniques
  • Building the necessary skills to design and implement effective internal control systems that ensure compliance and operational efficiency
  • Skills for integrating governance, risk management, and internal control elements in a unified strategic framework
  • Enhancing analytical and assessment capabilities for current governance and control systems and developing appropriate improvement plans
  • Knowledge of the latest international standards and best practices in governance and risk management
  • Developing leadership skills in managing institutional change and implementing new governance and control systems

Training Methodology

The GRC Advantage: Smarter Strategy, Better Control training course relies on an integrated training methodology that combines theoretical learning and practical application through interactive lectures to present basic concepts and modern theories, as well as practical workshops and case studies to apply tools and techniques to real cases from participants' work environments, and group work: dividing participants into groups to solve problems and develop innovative solutions, and using simulation scenarios to apply risk management and decision-making skills, and finally continuous assessment: monitoring participants' progress through exercises, short tests, and applied projects.

Who Should Attend

  • Executive Managers and their deputies in various organizations.
  • Financial and Accounting Department Managers and their Deputies.
  • Risk Managers and Risk Management Officers in Financial and Non-Financial Institutions.
  • Internal Audit Managers and Internal Auditors.
  • Compliance and Governance Managers in various organizations.
  • Board Members and Audit Committee Members.
  • Regulatory and Supervisory Authority Employees.
  • Professionals seeking to specialize in governance and risk management.

Course Curriculum

  • Introduction to Corporate Governance: Definition, importance, and historical development
  • Basic Governance Principles: Transparency, accountability, responsibility, and fairness
  • Stakeholders and Relationship Management: Identifying and classifying stakeholders and managing their expectations
  • Legal and Regulatory Framework: Local and international laws and regulations governing governance
  • Board of Directors and its Role in Governance: Formation, responsibilities, and effectiveness
  • Specialized Committees: Audit committee, risk committee, and compensation and nomination committees
  • International Governance Standards: OECD standards, Basel standards, and global best practices
  • Risk Concept and Types: Risk definition and classification
  • Integrated Risk Management Framework: Framework components and implementation phases
  • Risk Identification and Assessment
  • Risk Matrix: Risk visualization and analysis tools
  • Risk Treatment Strategies
  • Risk Reporting and Communication: Preparing effective reports for senior management and board of directors
  • Applied case study on liquidity and credit risk management: Application in the banking and financial sector (Silicon Valley Bank case)
  • Internal Control Concept and Objectives: Definition, objectives, and basic components
  • COSO Framework for Internal Control: The five components and their practical application
  • Control Environment and Institutional Culture: Building a culture of control and integrity in the organization
  • Risk Assessment in the Context of Internal Control: Linking risk assessment with control activities
  • Control Activities and Controls: Designing and implementing preventive, detective, and corrective controls
  • Information and Communication Systems: The role of technology in enhancing internal control effectiveness
  • Monitoring and Continuous Assessment: Mechanisms for monitoring the effectiveness of internal control systems
  • Three Lines of Defense Model: Applying the model in various organizations
  • Integration between Governance, Risk Management, and Control: Building a unified strategic framework
  • Governance Risk Management: Identifying and managing risks associated with weak governance
  • Leadership Role in Enhancing the Integrated Framework: Leading by example and change management
  • Performance Measurement and Success Indicators: Developing comprehensive performance indicators for the integrated framework
  • Applied Case Studies: Analyzing real cases from various sectors
  • Corporate Governance Maturity Assessment: Tools and indicators for measuring governance system effectiveness
  • Key Risk Indicators (KRIs): Developing and implementing early warning indicators
  • Internal Audit and its Role in Control: The relationship between internal audit and control systems
  • Digital Transformation and its Impact on Governance: Using technology to enhance governance and control systems
  • Environmental and Social Governance (ESG): Integrating sustainability standards into the governance framework
  • Group Workshop: Developing solutions to real challenges faced by participants

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
Dubai, UAE
London, UK
Dubai, UAE
London, UK
Didn’t Find Your Preferred Dates or Location?
Provide your preferred schedule or venue, and our team will get back to you with suitable options.

Related Courses

Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

50K+
Professionals Trained
15+
Years of Experience
About Energy Training Centre

Our Collaborations

We partner with leading institutions to deliver world-class training programs

What Our Delegates Say

Real feedback from professionals who completed this course

View All

Ready to Advance Your Career?

Your growth starts here. Discover the complete portfolio of industry-leading training courses that can help you achieve your career goals.

View Course Finder
Search