Boards and Risks

Risk awareness and supervision are among the primary duties of boards, yet many do not have a systematic approach to risk thinking, which undermines their ability to make critical decisions. Organizations face a growing set of enormous risks in today’s context: uncertainty resulting from geopolitical turbulence, evolving social dynamics, climate change tensions, and rapid technological developments.

IMD’s Boards and Risks program enables you, an aspiring or current board member, to familiarize yourself with the tools necessary to fulfill your responsibilities and develop a best-in-class approach to risk that is clearly distinct from executive risk thinking. Through an interactive learning experience featuring simulations, explore how corporations are dealing with the evolution of risk, including issues raised by sophisticated technologies such as AI, and broaden your knowledge of risk assessment techniques.

Developed and led by the IMD Global Board Center , this program is grounded in the latest insights and best practices, empowering you to lead the future of governance with confidence and foresight.

You can join the program for a standalone learning experience, or as part of one of IMD’s board diploma pathways .

Learn methods and frameworks for identifying and assessing your organization’s risks.

Analyze how strategic risk, as well as regulatory, reputational and financial risk, can be assessed and managed.

Gain techniques for setting risk appetite that is aligned with your organization’s strategy.

Assess the risk behaviors of the board and management. Familiarize yourself with the behavioral biases that affect leaders when assessing and managing risk uncertainty.

Equip yourself to make critical decisions related to risk by understanding how to evaluate the positive and negative implications.

Successful completion of this program takes you one step closer to joining IMD’s powerful alumni network.

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