How to take a strategic approach to risk management and assurance
This course will give you insights into the key concepts and core principles of risk management and demonstrate how to develop strategic approach to risk in your trust. Our expert speakers will provide you with practical advice on how strategic and operational risks are managed at school and trust level to enable you take a risk-based approach to decision making and receive real assurance that risks are being mitigated.
Who is it for?
- Chief executives
- Trust finance and operational leaders
- Governance professionals
- Chairs of Audit & Risk Board Committees
What you will gain
This course will give you:
- An understanding of the fundamental principles and practices of risk management and the role and remit of the audit and risk committee
- Insight into the relationship between strategy and risk, and the benefits of a risk-based approach to decision-making
- Guidance on how to focus on strategic risk and gain assurance that your risk controls are working
- An understanding of how you can reset your risk management approach and define the risk appetite of your trust
- Practical tools to support you in developing risk assurance in your trust
Course overview
This three-part series guides you on how to develop a robust risk assurance strategy which effectively identifies and mitigates risk and provides assurance for the trust board. It gives you access to specialist expertise via our experienced speakers, and signposts to practical tools and guidance to support you as you develop your risk assurance framework.
Session one: The fundamentals of risk management
- Understanding why risk management is a requirement in academies
- Identifying the principles of effective risk management
- Avoiding common risk management pitfalls
- Exploring worked examples of effective risk management in academies
Session two: Taking a strategic approach
- How strategic and operational risk are managed
- Establishing your trust’s risk appetite
- Thinking about opportunity risk
- How strategic risk considerations can improve decision-making
- Resetting risk management to develop a more strategic approach
Session three: Putting effective controls in place
- Mapping the control of risk in a board assurance framework by exploring a worked example that shows the interplay of risk identification, control, and overall evaluation and assurance of mitigations.
- Implementing what you have learnt by sharing current risk practice in your trust and future development plans
Extremely useful. I didn’t expect to enjoy it so much! The sessions have definitely helped my understanding of risk assurance.
11:30 am
02 Dec 2025 10:00 am to
11:30 am
09 Dec 2025 10:00 am to
11:30 am
- CST members £270+VAT
- Non-members £330+VAT
