This course equips cooperative institutions, SACCOs, MFIs, and corporate boards with the knowledge and skills needed to implement effective strategic risk governance. Participants learn how to identify, assess, and manage risks that may impact strategic objectives, while strengthening oversight, decision-making, and accountability. The training emphasizes integrating risk governance into institutional strategy, policies, and culture to enhance resilience, performance, and stakeholder confidence.
Learning Objectives
By the end of this course, participants will be able to:
Understand the principles and importance of strategic risk governance.
Identify, assess, and prioritize strategic risks in cooperative institutions.
Implement governance frameworks that integrate risk management into decision-making.
Align risk appetite and risk tolerance with institutional strategy.
Monitor and report on strategic risk exposures to boards and stakeholders.
Promote a risk-aware culture and ethical decision-making.
Strengthen institutional resilience and long-term sustainability through proactive risk governance.
Module 1: Introduction to Strategic Risk Governance
Definition, principles, and objectives of strategic risk governance
Importance of risk governance for cooperatives, SACCOs and corporates.
Key components: risk culture, frameworks, policies, and reporting
Role of boards, management, and committees in risk oversight
Practical: Assessing the current state of risk governance in your institution
Module 2: Identifying and Assessing Strategic Risks
Types of strategic risks: financial, operational, reputational, regulatory, technological
Tools and methodologies for risk identification and assessment
Risk prioritization and mapping
Practical: Conducting a strategic risk assessment exercise
Module 3: Risk Governance Frameworks and Policies
Establishing a strategic risk governance framework
Defining risk appetite and risk tolerance
Policies, procedures, and internal controls for risk management
Integration with institutional strategy and planning
Practical: Developing a risk governance framework for your institution
Module 4: Monitoring, Reporting, and Decision-Making
Key risk indicators (KRIs) and performance metrics
Risk reporting to boards, management, and stakeholders
Decision-making under uncertainty and ethical considerations
Corrective actions and escalation procedures
Practical: Designing a strategic risk monitoring and reporting system
Module 5: Embedding a Risk-Aware Culture
Promoting risk awareness and ethical behavior across the institution
Training, communication, and accountability mechanisms
Continuous improvement of risk governance practices
Scenario planning and resilience strategies
Final Project: Develop a comprehensive strategic risk governance plan for your institution
Who Should Attend
This course is suitable for board members, senior management, risk officers, compliance officers, internal auditors, governance professionals, and consultants involved in risk management, strategic planning, or institutional oversight.
Duration & Delivery
Duration
5 Days
Delivery Mode
Online or In-Person Training Available
Certification
Professional Certificate Included
Language
English
GENERAL NOTES
i. The client has many options on where they would wish to have the training
Onsite training (In Kenya)
Onsite training (Outside Kenya)
Online Training
a. Mombasa
a. Southern Sudan – Juba
a. Zoom
b. Nairobi
b. Tanzania – Dar es Salaam
b. Webex
c. Naivasha
c. Rwanda – Kigali
c. Google meets
d. Machakos
d. Nigeria – Lagos
d. Google teams
e. Thika
e. Lilongwe – Malawi
..
f. Nakuru
f. South Africa – Johannesburg
..
g. Embu
g. Ghana – Accra
h. At work place
h. At work place
..
ii. The client shall communicate the preferred training venue at least seven(7) days before the training date. Otherwise the training shall take place in Nairobi.
iii. This training is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. It is taught through a mix of practical activities, theory, group works and case studies.
iii. Training manuals and additional reference materials are provided to the participants.
iv. Upon successful completion of this training, participants will be issued with Arichum Consulting certificate.
v. The onsite training fee covers tuition fees, training materials, tea at 10am, lunch, tea at 4pm, training venue and a certificate on completion. Accommodation and travel may be arranged for our participants upon request.
vi. The online training fee covers tuition fees, training materials, and a certificate on completion.
