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Risk Management
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Executive Risk Governance

For the owners and directors who set the risk appetite, fund the controls and need to know whether they are working.

  • SeriesRisk Management
  • AudienceBusiness owners, directors and senior managers
  • Duration90–120 minutes
  • CodeRM-04
  • Version1.0 · 1.1 MB ZIP

About this package

Owners, directors and senior managers make the decisions on budgets, schedules, structure and contracting that create or remove risk across the business. This briefing equips them to oversee WHS risk, ask the right questions and recognise when a risk report is telling them nothing.

It covers governance responsibilities, risk appetite and tolerance, what a useful risk report looks like, leading and lagging indicators, and assurance. Officer duties are covered accurately for each jurisdiction, including Victoria, where the law takes a different form.

Learning outcomes

After the session, participants will be able to:

  • Describe the governance responsibilities for WHS risk, and how officer duties differ between jurisdictions
  • Explain how decisions on budgets, schedules, structure and contracting create or reduce risk
  • Interpret risk register reporting critically, and recognise a heat map that tells them nothing
  • Distinguish leading from lagging indicators, and know the limits of each
  • Use risk appetite and tolerance in actual decisions, not only in a policy
  • Accept risk only knowingly: named, owned, time-limited and within tolerance
  • Set clear accountability for risks and controls, and ask 'how do you know?'

Training outline

MODULE 1

The heat map

  • What boards typically receive
  • What it hides
MODULE 2

What governance requires

  • Three things the board must know
  • Officer duties by jurisdiction, including Victoria
  • Risk appetite and tolerance
  • Accepting risk knowingly
MODULE 3

Reporting

  • What the board should receive
  • Reading a risk register summary that tells you something
  • Leading and lagging indicators
MODULE 4

Assurance

  • Lines of assurance, and what each one cannot see
  • Decisions that change the risk profile
  • Is your assurance real?
  • A budget cut, stage by stage

What is in the package

Briefing

  • Editable 28-slide executive presentation with speaker notes, plus PDF
  • Facilitator guide with running sheet, slide notes, debrief and model answers
  • Session plan
  • Executive briefing workbook

Governance tools

  • Risk reporting example: a typical heat map board paper and the same organisation reported properly
  • Governance scenario: the maintenance budget that was cut twice
  • Assurance checklist with the executive question set
  • Board risk report template
  • Risk appetite statement template

Assessment and administration

  • Ten-question knowledge check and answer guide
  • Completion certificate template
  • Attendance register
  • Training evaluation form

Start here

  • Read Me First guide
  • Product overview
  • Permitted use terms
  • Version information

Practical activities

  • Read the report: executives compare a typical heat map board paper with the same organisation reported properly, and name the decisions it calls for
  • The budget cut: a maintenance budget reduction worked through four stages, from the board paper to the incident report
  • The executive question set: applied to the organisation's own current risk reporting

Delivery requirements

  • A facilitator who can brief at executive level, typically the senior WHS or risk lead
  • A screen for the presentation, or a video meeting platform
  • Suits a board, executive team or leadership meeting

File formats

  • PowerPoint (.pptx), editable
  • Word (.docx), editable
  • Excel (.xlsx) for registers and records
  • PDF copies of every guide and workbook
  • Delivered as a single ZIP download

Questions about this package

Is this suitable for a small business owner?

Yes. It works as a briefing for an owner and their managers, a small leadership team or a board, in under two hours, and stands on its own.

Does it cover Victoria?

Yes. Victoria's OHS Act takes a different form from the harmonised WHS laws, including how officers can be liable, and the briefing explains the difference rather than assuming one model.

Can we edit the documents?

Yes. Presentations, guides, workbooks and templates are supplied in editable formats so you can adapt them to your workplace. The copyright notice must stay.

Can we use the packages outside Australia?

Yes. The method applies in any workplace and follows the same principles as ISO 31000 (risk management) and ISO 45001 (occupational health and safety management systems). The legal content refers to Australian work health and safety (WHS and OHS) laws, so a business elsewhere should replace those slides with its own country's requirements. The materials are editable for exactly that.

Do participants get a certificate?

Yes. The package includes an editable completion certificate template, plus an attendance register or training records spreadsheet, so you can keep proof of who completed the training for your WHS records. It is a certificate of completion issued by your business, not a nationally recognised qualification.

Can we deliver it face to face and online?

Yes. The packages are designed for face-to-face sessions and work over a video meeting platform. The facilitator guide notes where an activity needs adjusting for online delivery.

Can we run it more than once?

Yes, as many times as you like, for your own organisation's workers.

What is your refund policy?

Your rights under the Australian Consumer Law are not affected. See the Refund Policy for how we handle a package that is faulty, not as described, or not what you ordered.

Do we get future updates?

You keep the version you bought for as long as you use it, and corrections to that version are made available to you. A new edition, for example following a significant change in the law, may be sold separately.

More answers on the home page, or contact us.

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