Dealing with Dangers: Ways to Protect a Business from Problems

How to improve corporate governance for SMEs in South Africa

How to manage risk Module

About the module: Risk management is about the process of identifying potential business hazards and taking steps to reduce

Purpose of the module: Be able to identify and control risks of all types. To manage them, they must act on those recommendations. They must notify all parties involved about the existence and status of risks.

Rational of the module: Risk management is essential for good corporate governance because it bridges the gap between strategic initiatives and day-to-day operational results.

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The above mentioned module is one of seven modules in the skills programme titled: How to improve your corporate governance . How to improve your corporate governance - is one of ten skill programmes available in our Entrepreneurship Master Programme .

Skills programme - How to improve your corporate governance

The purpose of the skills programme: The purpose of the programme is to introduce delegates to corporate governance as a key component of a value creation strategy. The programme provides delegates with a set of tools to help their businesses compete and grow. Throughout the programme, delegates will create corporate governance road maps that outline the purpose, strategies, and goals of corporate governance for their business or project. Upon successfully completing the programme, delegates should be able to govern their businesses based on a set of principles, trusting that specific solutions and tools will evolve alongside the business as it grows.

What ?

How to improve your corporate governance is about Identifying and mitigating numerous risks associated with a project. Managers who anticipate and plan for common business risks are more likely to avoid pitfalls. This skills programme covers the King IV in the context of SMMEs, as well as how to improve corporate governance in terms of defining roles, reporting and disclosure, corporate social responsibility, and risk governance. This skills programme provides entrepreneurs and business managers with a platform and tools for identifying and managing business risks.

Why ?

How to improve your corporate governance - provides entrepreneurs and business managers with access to training and an online corporate governance platform that will assist them in implementing effective rules and practices that govern how their businesses operate and how they are aligned with the interests of all stakeholders, resulting in ethical business practices and financial viability. Corporate governance is important because it establishes a set of rules and practices that govern how a business operates and how all of its stakeholders interests are aligned. Good corporate governance promotes ethical business practices, which in turn promotes financial viability.

Who ?

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How ?

The programme is delivered via facilitated sessions, practical projects, group activities, and access to a business management activity planner to ensure you are doing the right things in the right order.

Subscription options

Super Deal Maker - is a productivity web based platform to assist entrepreneurs and business managers in building sustainable businesses quickly and successfully by providing them with access to tools, training, and a business management activity planner to make sure they are doing the right things in the right order.

Entrepreneurship Master Programme is a high-level programme that combines virtual and in-person sessions to provide theoretical and practical training to entrepreneurs and business managers in areas such as business planning, marketing, strategy, operation, and finance.

	Standard Account Subscription
For R480.00 per annum you can access to the following services for this skills programme:
All online lesson material All online video material All online quiz to test your knowledge Monthly two-hour online question-and-answer sessions. Access to online tools that will make it easy and swift to build and manage a sustainable business. Listing your business on the platform to attract business opportunities such as access to markets and funding, while also improving your business' reputation and profile.

	Premium Account Subscription
For R 3 800.00 per annum you can access the following services in addition to those offered by the Standard Account:
Sessions facilitated by industry experts. Training and support to help you make the most of the Super Deal Maker platform. Accredited assessors and/or industry experts will formally assess your project/products. After successfully completing the final summative assessment, you will be awarded a competence certificate. Listing your business on the platform as verified and trained SMEs ready to access funding and markets. Your business will be rated based on its viability, risk, and return on investment.

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