Understanding Risk Management and Compliance, What Is

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Constraining factors include but are not limited to the following: x Government agency personnel perceive gender mainstreaming as an additional burden. These principles provide the foundation on which our Corporate Governance Guidelines and our board committee charters are based. At the conclusion of the specified learning and development activities included in this course, delegates will be able to: Explain the issue of accountability, in relation to the organisational hierarchy Define accountability in relation to the control and allocation of resources, internally and externally Explain the way in which the organisation is accountable to its owners (partners, shareholders) or sponsors and the negative implications that they can yield if their expectations are not met Exhibit a heightened understanding of the ways in which the organisation is accountable to its clients/users and customers, their expectations, and the effort the organisation can make to meet their expectations, so as to avoid negative consequences of any deficiency Provide the rationale for the organisation�s accountability to its creditors, their expectations, possible negative consequences for non-compliance, and the steps that a company should take to adhere to them Provide real examples of the relationship that an organisation has with its sector or industry, the requirements to adhere to codes of practice and the �business case� for their adherence to established expectations Explain the different statutory agencies to which an organisation is accountable, providing advice regarding how the organisation can benefit from co-operating with them, in relation to their requirement and expectations Expound the facet of authority, providing practical examples Explain how the second facet of authority might be enhanced and the responsibility that managers have to their subordinates, in relation to their organisational positions and roles Demonstrate their understanding of legitimate authority and how managers can provide help to their subordinates, in this regard Offer advice to managers regarding the aversion or reduction of conflict the �Legal-Professional Authority� mix pose, so as to enhance organisational effectiveness Exhibit an understanding of the different power centres that exist in an organisation and, their legitimacy and effect on organisational stability and flexibility to respond effectively to a crisis Illustrate the symbiotic relationship between power and authority, in relation to �managerial leaders� in the performance of their organisational roles.

Pages: 160


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