| “The root cause of fraud is a lack of ethics in the workplace”. - Dr. N. V. Kavitha & Mrs. N. Suma Reddy – A study on Corporate Ethics Course Objectives: The Ethics Risk Assessment (ERA) is a planned and structured process carried out at regular intervals (usually every 3 years) by an organisation with the objective of identifying its ethical opportunities and challenges with their possible solutions. The ERA aligns with the principles outlined in the King IV Good Corporate Governance Guidelines, which emphasize the importance of promoting an ethical culture within an organisation and effectively managing ethics. Through a combination of quantitative and qualitative assessment tools, organisations can then identify their ethics risks, and opportunities, in order to compile an organisational Ethics Risk Profile. Once the ethics risks have been identified and prioritised, the process does not stop. An ethics management strategy with 3-year implementation plan containing specific interventions needs to be formulated. What remains, is to appoint owners for each of the interventions, to specify the target dates for implementation, and to identify the financial and other resources required for effective implementation. This is where most organisations require assistance to tackle critical areas such as employee mental wellness, integrity & ethics wellness, emotional intelligence wellness, dealing with toxic workplaces, bullying, sexual harassment and any other unethical behaviours that may be identified during the ERA. Lack of psychological safety tends to be the main cause of these unethical behaviours or, at the very least, the reason why these bad behaviours are not be reported and challenged. This 2-day course will take you through the ERA process, providing the relevant knowledge to enable attendees to perform the ERA, to audit the ethics governance process, and guidance on how to achieve psychological safety to obtain a speak-up culture of high integrity. Course Content: Day-1 • Introduction • Some definitions explained • Compliance vs Ethics • Ethics Management Frameworks • Ethics Risk Assessment | - Planning
- Ethics risk identification process
- Analysis of risk and control
- Ethics maturity assessment
- Ethics strategy
- Implementation plan
- Reporting back to client
Walk away with the knowledge and tools that will enable you to perform the ethics risk assessment or audit the whole ethics governance process in your organisation. Day-2 - Presenting ERA feedback sessions to management
- Presenting ERA feedback sessions to employees
- Addressing issues discovered during the ERA
- One of the key root causes of disgruntled employees- psychological safety
- What psychological safety is and is not
- Key principles of psychological safety
- The benefits and impact of psychological safety
- Building behaviours to support psychological safety
- Barriers and challenges to psychological safety
- Solution and strategies
- Fostering psychological safety
Walk away with an action plan for psychological safety and workplace wellness Who Should Attend? Fraud examiners, Risk officers, Compliance officers, Ethics officers, & HR practitioners. (Internal auditors also need to understand the ERA process in order to audit it). Level 1 Entry or introductory level for those requiring a fundamental understanding of the subject. Level 2 Internal auditors who are already practicing internal audit and have a basic understanding of the subject. Level 3 Supervisory/competent/senior internal auditors: those who already have a sound, practical grasp of the fundamentals of internal auditing and manage staff. |
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