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Past Programmes

8 CPD points

FCD Module A: Strategy & Risk Management Oversight

Blair Cook, CPA,CA CPA(Ill) MBA, Canada

What is the role of a board of directors and how do you maximize your role as a director? Learn about the 4 key leadership roles of the Board and how to maximize the effectiveness of the governance system.

This 1-day Board Strategy & Risk Management Programme is a core module designed to explore the role of the Board in strategy setting and implementation in order to meet its goals whilst responding to changes in its environment. The programme also focuses on the importance of a top-down approach in risk management by the Board in efforts to cultivate a proactive approach

Learning Outcomes

  • Discuss the role of the board and the role of the director in setting strategy and risk management
  • Recognise the four board leadership roles that contribute to governance excellence including the role of the Recruiter, Conductor, Reporter, and Facilitator. Each of these roles will enable you to participate at the highest levels of the organizations and discuss the most important strategic and risk management issues confronting the organization.
  • Explore how the right board governance systems and directors can amplify corporate performance.

Target Audience

From newly appointed directors to senior directors

Virtual Classroom Format
icon ifl 01 Interactive Facilitated Learning


Blair Cook

CPA,CA CPA(Ill) MBA, Canada

Blair is a many-time corporate director, CFO, author, speaker, educator, innovator, and thought leader in the field of executive finance.  His educational videos of accounting and finance have million of views on YouTube. He has keynoted and spoken at national conferences from New York to Toronto. He co-hosts CPA Canada’s podcast series “CPA Success Podcast” to speak with dozens of thought leaders across the broad spectrum of finance. He also works in real businesses at every level experimenting with academic theories, best practices, and innovative ideas to improve how the finance function serves the organization.  He is the author of The Illiterate Executive: An Executive’s Handbook for Mastering Financial Acumen.


Day 1 |  7 September 2021 9am – 1pm

9.00am Introductions and warmup
9.15am Module 1: IWK Case – Failure in Governance
9.40am Module 2: Board Leadership Roles

  • what type of governance systems do you use?
  • Factors for making governance effective or ineffective
  • how much value does your board provide?
  • 4 Board Leadership Roles – overview
10.30am Virtual Break
10.45am Module 3: RECRUITER ROLE

  • Key stages within the strategic planning process
  • The role of Directors and the role of the Board within each of the strategic planning process
  • Key causes of strategic risk and how those risks can best be treated.
11.45am Virtual Break
12.00pm Module 4: CONDUCTOR ROLE

  • Key points related to the COSO principles-based approach
  • The differences between COSO Internal Control Integrated Framework and COSO ERM Integrating Strategy & Performance
  • Thinking More Broadly about Risk Management
  • Matters of Importance for Board Discussion and the Agenda
12.50am Recap & Summary
1.00pm End of Day 1

Day 2 |  8 September 2021 9am – 1pm

9.00am Recap of Session 1 and any questions
9.15am Module 5: REPORTER ROLE

  • the types of reporting the Board requires
  • The reports of the board and how to interpret financial information – presentation
    • Financial Intelligence for Directors
    • Four dimensions of a board reporting strategy
    • KPI, Dashboards and Flash Reports
  • Link strategy to financial health and value creation.
10.25am Virtual Break

  • Strategic management presentation
    • Situational analysis
    • Strategy formulation
    • Monitor execution of strategy
    • Unlocking strategic thinking and discussions
11.40am Virtual Break
11.55am Module 7 – Risk Management Oversight and Practices

  • The importance of an organisation developing and implementing robust risk management practices.
  • The risk appetite of an organisation
  • The link between risk management, risk culture and effective leadership.
  • The director’s role in assessment, monitoring and treatment of risk within an organisation.
12.45pm Module 8: Wrap up
1.00pm End of Programme