(921.1) Risk Oversight - The Board's Role in Risk Management

Offered: Face-to-Face, On-site

COURSE DESCRIPTION

Electric co-op boards are operating in what may be one of the most challenging business environments any generation of directors has ever known. The array of risks ranges from financial, regulatory, cyber and economic to technology and changing member demographics. This course is designed to provide directors with the principles and tools to improve their processes for overseeing the cooperative's risk management activities. Using co-op examples and real world case studies, this interactive course discusses the unique role of board and management to identify, manage and mitigate risk with processes that are appropriate to the characteristics of individual cooperatives.

KEY TOPICS

  • Defining the cooperative's risk drivers and risk appetite
  • Distinguishing the board's role from management's role in risk management
  • Aligning strategy, risks and controls
  • Working with management to identify the risk information the board needs
  • Assessing the cooperative's risk management process

WHERE TO TAKE THIS COURSE
NRECA offers the opportunity to take this course several times each year at the following events:

NOTE: Please check each event's schedule to see what courses are being offered.

ONSITE TRAINING
Additionally, these courses can be delivered onsite at your co-op, statewide or G&T. Learn more about our onsite training opportunities.

CREDITS

NRECA – 1 credit

CEU – 0.6 credits

CONTACT INFORMATION

Certification/Continuing Education
Angie Hylton, Senior Certification Specialist

703-907-5656 | angie.hylton@nreca.coop

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