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.
Founder and Chair of the Board, Board Risk Committee; Former Board Member, Synovus Financial, El Paso Electric Co. and Stewart Information Services
Board Member, ACI Worldwide, Mitek and Bank of Marin
Chair of Risk Committee, Synovus; President Emeritus, University of South Carolina
ChatGPT has exposed the world to the potential and power of reimaging what is possible. As generative AI rapidly becomes part of our daily lives, businesses must determine how to embrace it in a safe and secure way. Generative AI models have the potential to transform businesses through automating and executing certain tasks with unprecedented speed and efficiency. But, it’s important that as companies dive in, they establish internal processes and controls. Generative AI models’ unique attributes pose a range of risks that boards must understand in order to ask the right questions.
We’ll help you build your emerging technology acumen to get up to speed quickly on the applications, and associated risks, of generative AI projects – including made-up “facts,” copyright and legal risks, biased outputs and more – so that you can help your company advance your generative AI journey with eyes wide open and mitigate potential risks.
Featuring:
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.
Featuring:
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.
We are living in an age of global disruption – shifts in geopolitical conflicts, financial market fragility, natural disasters, supply chain disruptions, cyber risks, and more. How can boards anticipate and calculate their exposure to geopolitical or other risks? How can boards plan for the unexpected and think outside the box about disruption that they haven’t experienced where there is little data and no models? Traditional heat maps won’t cut it. Two seasoned directors will share a methodical approach and invaluable do’s and don’ts for identifying, categorizing and preparing for “what if scenarios” and long-term risks.
Featuring:
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.
Featuring:
Pamela Marcogliese, Partner & Head of U.S. Transactions practice, Freshfields
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)
