General info

Datum:
Address:
To be confirmed 1000 Brussel Belgium
Prices:
Price

GUBERNA member 650 euro (VAT excl.) 

Non-member 790 euro (VAT excl.) 

The word of 2025 in strategy literature will be “de-risking”. In a world where risk seems to be around every corner, and where risks are defined as systemic and unpredictable, companies look for ways to ensure predictability, and to control the environment proactively, managing exposure to uncertainty or potential harm. 

But what is risk? And what do the terms that are often carelessly used mean? “Risk management”, “risk appetite”, “risk aversion”, “risk avoidance”...  

In this masterclass we set out to investigate the perceptions and the best practices that directors can share on risk and risk governance. We take a step back and align the best risk approach with the needs of the boards.   

Programme

Over time, corporate governance literature has evolved from viewing risk as a narrow managerial or financial concern to embracing a broader, strategic, and systemic perspective. By the 1990s, enterprise risk management (ERM) introduced a holistic approach, integrating risk into strategic decision-making. The 2008 financial crisis marked a turning point, prompting reforms that elevated board accountability and risk oversight. In the 2010s, the rise of ESG concerns expanded the scope to include reputational, ethical, and environmental risks.  

Today, we ask challenging questions, such as, is de-risking not the consequence of incapable risk management? How many opportunities get lost by focusing on “stopping” or “avoiding” activities because they are “too risky”? Today’s risk governance emphasizes resilience, adaptability, and stakeholder engagement in the face of global uncertainty and systemic challenges. Robustness and antifragility are concepts to be considered. How can we go to an “adaptive” governance, emphasizing the board’s agility?

Qfor

Qfor quality label

All GUBERNA training programs have obtained the Qfor quality label.

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