George Mason UniversitySchool of Business

Chief Risk Officer Curriculum

To significantly expand your network and share best practices, most business focused C-Suite sessions are delivered in-person jointly with Chief Data Officer and Chief Learning Officer program participants. Risk specific sessions are delivered online within the Chief Risk Officer program cohort. In addition, you have the option to choose a federal- or corporate-focused track for several program sessions. Participants will be responsible for the course work on one track. However, full access to the course content for both tracks will be available to all participants.

  1. Business Acumen (In-Person, Joint Session)

    Strengthen business acumen by understanding proven strategies and best practices for gaining the support of the C-Suite for promising innovative ideas. An introduction to the principles and practices of business acumen; what separates those C-Suite executives who excel at business acumen; and how to successfully engage with the C-Suite by applying the principles to everyday conversations and interactions.

  2. Change Management (In-Person, Joint Session)

    Identify best practices that anticipate the need to change; build frameworks for steps to use in leading change; understand resistance to change and how to overcome it; understand the benefits of the changes your organization is going through.

  3. Data Analytics and Metrics of ERM (Online, CRO Cohort Session)

    Provides a framework to understand and value Enterprise Risk Management (ERM) data; how data analytics and metrics can be leverage for risk assessment, mitigation, and management; how to balance quantitative with qualitative approaches; and the frameworks that can be used to analyze different types of enterprise risks.

  4. Developing and Executing a Strategic Plan (In-Person, Joint Session)

    Gain an understanding of what is strategy; links between organizations and types of strategy; resources and its link to strategy; environmental challenges and its links to strategy; value creation with strategy. Once the strategy is created it is even more challenging to execute it and a great deal of this idea will be discussed through the concepts of business models.

  5. Federal Practices, Tools and Processes for ERM (Online, CRO Cohort Session – Federal)

    Understand practical approaches to developing tools to support ERM success. The topic focuses on the design of ERM tools and the application of Human-Centered Design Thinking principles to shape effectiveness.

  6. Financial Management for the Private Sector (Online, CRO Cohort Session – Corporate)

    Gain an understanding of corporate financial information and understand the unique characteristics of financial accounting and the ability to compare and consistently use information to make decisions by external users.

  7. Financial Management in the Public Sector (Online, CRO Cohort Session – Federal)

    Gain an understanding of government financial information in order make better decisions. The unique characteristics that necessitate special accounting and reporting practices; the objectives of federal financial reporting and the finance tools available make better decisions.

  8. Innovation (In-Person, Joint Session)

    Understand principles and best practices that underlie successful innovations. Learn how to apply these principles and practices to problems faced every day. Specifically, how to transform promising ideas into actionable innovations and gain the support of their organization.

  9. Leadership in Action (In-Person, Joint Session)

    Introduction to the role of conversational leadership, that is an understanding of how conversations are the key to fostering action in an organization. Understand the role of leaders in fostering and guiding conversations that get things done. Look at how leading conversations impacts organizational culture, mood, and trust.

  10. Policy, Regulations and Compliance (Online, CRO Cohort Session – Federal)

    Develop an understanding for how policies and externally imposed laws and regulations impact an agency’s activities. These requirements and constraints form a crucial part of the context in which the agency executes its mission and programs across all relevant domains and functions. Understanding the regulatory and policy environment and its relationship to the agency’s mission, strategy, strategic objectives, and supporting operating processes and programs is essential to identifying and responding to key threats and opportunities facing an agency now or in the future.

  11. Risk Management for the Enterprise: An SES Perspective (Online, CRO Cohort Session – Federal)

    Introduction to Enterprise Risk Management (ERM) from an SES perspective and to gain an understanding of this process to minimize the effects of risk on an organization's capital and earnings. Understand methods to identify risks, develop risk models, assess risk, and evaluate risk management options. Understand risk management challenges in systems development in complex organizations.

  12. Risk Management Policies and Strategies (Online, CRO Cohort Session – Corporate)

    Understand what effective risk management strategy includes, how it might be developed, what key consideration should go into its design and how risk management tactics can both activate and support the goals and objectives that underlie the strategy. Understand the importance of how and why risk strategy is critical to the ultimate success of the organization. The role played by the risk management tactics that are the methods, practices, tools, techniques, and policies that actualize the risk management process components of identification, assessment, measurement, mitigation, monitoring, and review are emphasized.

  13. Scenario Analysis and Stress Testing (Online, CRO Cohort Session – Corporate)

    Explore how low probability situations, events or Black Swans, including fires, hackings, floods, terrorists attacks, power outages, global economic crisis, ransomware, tariffs, defaults, pandemics, and earthquakes have had major repercussions in cities, communities, countries, companies, economies, and global markets. As these situations become more common, governments and private sector companies are forced to consider these potential scenarios, assess their impact and existing mitigating plans, and/or identify gaps to prevent or minimize the impact. Understand the processes of scenario analysis and stress testing, the approach and techniques, creation of scenarios, assessment of controls or mitigants, and outcomes by examining examples across governments and industries.

  14. Strategic Thinking, Value Proposition Models and Mission Fulfillment (In-Person, Joint Session)

    Provides analytical tools to focus on value creation in an organization through the concept of business models and its links to strategic management through the process of strategic thinking.

  15. The C-Suite Leader (In-Person, Joint Session)

    Opens a path for becoming a leader through authentic self-assessments of your role in the C-Suite. Examine your current capacity in the domain of being a leader and the desired future you can create as a leader. Explore leadership from the first-party perspective (you as leader) and the third-party perspective (you in relationship to others as a leader). Increase your capacity for making valid assessments of current leadership practices, identifying beliefs, ideas and practices that may be limiting you in being a leader and exercising leadership potential, choose new ways of being and practices that move you towards full potential as a leader.

  16. The Legal and Regulatory Environment of ERM (Online, CRO Cohort Session – Corporate)

    Understand and conform to risk management policy and regulations in all relevant domains; understand the relationship between ERM and internal control and audit; apply policies of organizational transparency; define risks of non-compliance.