Strategic Board Leadership and Oversight of Technology Innovations & Risk Management

Background

As technology continues to reshape business landscapes, the imperative for strategic board leadership to adeptly manage innovation and risk has never been greater. The Strategic Board Leadership and Oversight of Technology Innovations and Risk Management programme is designed to enhance the technical acumen of board members, enabling them to navigate the intricate interplay between technological advancements and risk mitigation. It also provides a comprehensive framework for understanding the complexities of modern technologies and the strategic imperatives of their governance.

Central to this programme is the exploration of advanced technological ecosystems and their strategic implications. Board members and senior executives will be immersed in the experiential learning of complex technologies such as machine learning, cloud computing, and cybersecurity infrastructure. Through detailed technical sessions, they will learn to evaluate the strategic fit of these technologies within their organizational contexts, understand their operational mechanics, and assess their long-term impact on competitive positioning. The deep dive into technical specifics will equip board members with the insights necessary to drive informed decision-making and strategic alignment.

Therefore, the programme will rigorously address the multifaceted dimensions of technology-related risk management. It will cover sophisticated risk assessment tools and methodologies, including probabilistic risk assessment, scenario analysis, and cyber threat intelligence. Directors will gain expertise and tactical skills that will strengthen their oversight role in their organisations’ designing and implementation of comprehensive risk management frameworks that encompass not only technical safeguards but also policy development, compliance strategies, and incident response planning. This holistic approach ensures that board members can proactively oversee technology integration, balancing innovation with robust risk controls to protect organizational integrity and stakeholder value.

Target Participants:

  • Board Chairs, CEOs, Non-Executive and Executive Directors, Chief Information Security Officer (CISO), Chief Information Officers (CIO), and Chief Risk Officers of Banks, Other Financial Institutions and Non-Financial Organisations, who play key roles in Nigeria and Sub-Saharan Africa.

Learning Outcomes:

  • Gain more technical abilities to critically evaluate emerging technologies and how to integrate these technologies into their organizations to drive innovation, efficiency, and competitive advantage.
  • Gain understanding and be quipped to oversee the establishment of proactive risk management practices, ensuring that technological innovations are adopted safely and securely.
  • Develop expertise in cybersecurity and data privacy governance, which will enable them to implement best practices for protecting organizational data, ensuring compliance with relevant regulations, and mitigating the risk of cyber threats.
  • Enhance Directors’ strategic decision-making which will foster a culture of innovation within their organizations, align technology initiatives with strategic goals, and measure the impact of technological investments on business performance.

Learning Objectives

  • Discover more strategic options to systematically assess emerging technologies and align them with the organization’s tactical goals.
  • Develop the skills to implement advanced risk management practices tailored to technology innovations.
  • Learn to oversee the development and implementation of robust cybersecurity strategies, ensuring compliance with regulatory requirements, protecting organizational data, and maintaining stakeholder trust
  • Understand the dynamics of innovation, promoting creative problem-solving, encouraging cross-functional collaboration, and implementing processes that support continuous improvement and technological advancement.
  • Enhance the boards’ strategic decision-making capabilities by learning to use data-driven insights and performance measurement techniques.

COURSE FEE
$4,500.00 (Four Thousand, Five Hundred Dollars.) (This fee covers tuition and full course documentation, but EXCLUDES Accommodation, Air fare and other travel costs).

Refund of Fee: Fees paid for participants who do not turn up eventually would be refunded, subject to a deduction of 25% administrative cost.

Account Name: Financial Institutions Training Centre
Bank Name: GT Bank
Account Number: 0129551101
Sort Code: 058-152052
Swift Code: GTBINGLA

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  • Date : 19 August 2024 - 23 August 2024

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