Create a more resilient organization that can withstand volatility and uncertainty.
There’s no shortage of headlines, volatility and uncertainty to scare directors and undermine traditional business strategies. From ransomware attacks and systemic bank failures to geopolitical unrest and climate disasters, it’s never been more imperative for boards to have a well-defined approach to risk oversight.
And for boards that get it right, there is significant competitive advantage. Because as all boardroom veterans know: Risk isn’t something to fear. It’s about finding the opportunity.
In this half-day deep dive, we’ll help directors tackle today’s risks head-on with tangible ideas to build more resilient organizations and redefine risks for strategic advantage.
The war in Ukraine has put a spotlight on geopolitical risk, and in turn, geopolitical instability has vaulted to the top of CEOs’ and boards’ agendas. The political, economic and social risks could have far-reaching implications for U.S. companies. In an effort to build more resilient organizations, forward-thinking boards need to consider geopolitical risks as part of a broader strategic evaluation of risk scenarios and consequences.
This session will explore how the geopolitical landscape is changing and how companies can move out of reactive mode and develop the resilience they need to thrive amid a fragmenting global order.
In today’s business environment where risk has no borders, managing risk as a compliance issue is not enough. Proactive boards embrace risk management as a business process that turns a preventative measure into a strategic driver.
This session will provide an update on the status of SEC regulations related to Cybersecurity and Climate risk disclosures, and then delve into how boards can construct a framework to optimize their identification, prioritization and assessment of material cyber and climate risks within their organization—and within their supply chain and third-party partners. Take away a list of questions to ask your internal and external auditors to ensure your organization has the proper controls and policies in place to manage two of your biggest compliance risks.
Participants will divide into small groups for 2-way conversations with one another. Take advantage of the opportunity to share your challenges, experiences and potential solutions with other directors on the topics explored in the first two sessions.
When you have a major product recall because your supplier used a contaminated material or when your customers’ data is stolen because your vendor had a breach, who ends up on the front-page news? YOU. Third-party risks have become a critical area of focus given the far-reaching consequences and strategic impact of third-party failures. Third-party risks include not just direct contractual vendors but also fourth, fifth, sixth or even more extended participants in your ecosystem.
This session will increase your understanding of the potential threats stemming from vendors and external parties and share how boards can hold C-suite leaders accountable for implementing processes and controls that properly identify and manage third-party risks.
Complex, quick-moving threats to companies can occur at any moment. Preparation can make all the difference on how—and if—a company bounces back from a crisis. Boards play a key role in challenging management’s assumptions and ensuring the crisis management plan has considered all the critical elements.
This session will outline the essentials of any crisis plan, from delineating responsibilities and defining the crisis escalation process to defining disaster recovery priorities and guidance on the board’s communication strategy. You’ll take away a framework to help you avoid the most common pitfalls before, during and after a crisis.
Participants will divide into small groups for 2-way conversations with one another. Take advantage of the opportunity to share your challenges, experiences and potential solutions with other directors on the topics explored in the last two two sessions.
Register before June 30 to receive complimentary access to our new training module: Board Oversight of Cyber Security, developed in collaboration with the Digital Directors Network ($595 value)
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Elevate your leadership game and drive meaningful change with CBM Network. As a member, you’ll have the tools you need to ask great questions on rapidly changing topics, make informed decisions, raise your profile, connect with new board opportunities and drive the success of your organization.
Save 40% on Boardroom Summit registration with a network-level membership or attend free at the council level. You’ll also receive discounts or free access to other top-notch events, training courses and credentialing programs – so you stay ahead of the curve.
More than that, you’ll join a dynamic community of board members and have expert advice, peer networking opportunities and educational tools at your fingertips. Don’t miss out on these incredible savings and opportunities – join the CBM Network today during your registration.
