Foundations of Directorship™
Health Variant
Risk and Strategy
for Directors
Gain the foundational knowledge to effectively understand and monitor risk and strategy.
Plan for the future.
Develop your understanding of the role of risk and strategy in the health and wealth of your organisation.
Learn how to link strategy with wealth creation, implement robust risk management practices and evaluate the role of the director in the strategic planning process.
Is this course right for you?
The course is designed for new and aspiring directors, senior executives, and managers wanting to learn how to manage personal and organisational risk and understand the strategic planning process.
- Executives accepting their first directorship.
- Those who are considering accepting a directorship.
- Executives who report directly to a board.
- Directors of smaller companies, especially private and not-for-profit companies and community organisations.
This course may be undertaken in conjunction with other courses in the Foundations of Directorship™ Health Variant program or as a stand-alone education offering.
What will you learn?
Learn to effectively monitor strategy and manage risk so as to minimise your personal liability and safeguard the long-term success of the organisation(s) you govern.
Upon completion of this course, you will be able to:
- Describe the key stages within the strategic planning process.
- Consider the board’s and individual director’s roles within each stage of the strategic planning process.
- Apply commonly used strategic planning and monitoring tools and frameworks.
- Identify key causes of strategic risk and how those risks can best be treated.
- Link strategy to financial health and value creation.
- Consider the importance of an organisation developing and implementing robust risk management practices.
- Describe the risk appetite of an organisation.
- Illustrate the link between risk management, risk culture and effective leadership.
- Describe the director’s role in assessment, monitoring and treatment of risk within an organisation.
What can you expect?
Risk and strategy for Directors is a one day course consisting of two half day sessions – Introduction to the Strategic Role of the Director and Risk: Issues for Directors.
Through Introduction to the Strategic Role of the Director, participants will develop an understanding of the role strategic planning plays in the long-term financial health and wealth creation of their organisation. Participants will develop the skills required to discuss and evaluate the formulation and monitoring of organisational strategy.
Risk: Issues for Directors focuses on the director’s knowledge of risk. It aims to improve participants’ understanding of risk and how risks faced by organisations are identified and measured. Participants will also learn about the ongoing assessment and treatment of risk.
This course may be undertaken in conjunction with other courses in the Foundations of Directorship™ Health Variant program or as a stand-alone education offering.
There is approximately 6-10 hours of pre-reading required before the course takes place.
Get the recognition you deserve
AICD education now comes with digital credentials. So when you complete a course with us, you can easily share the news of your achievement with your professional network—and stand out in your field.
The AIHE Advantage
Our Institute values active listening, continuous reflection and authentic collaboration in partnering with our clients on their new healthcare directorship journey.
Customisable Programs
Our programs are fully customisable to suit you & your team's specific needs and challenges
Flexible Delivery
Face-to-Face, Hybrid & Online delivery with duration from 2 hr sessions, half-day workshops to multi-day retreats
AIHE Resource Hub
Access to an exclusively curated journal articles, newsletters, books, expert analysis & latest industry news
2026 FACE-TO-FACE Program Dates
WHEN
Thursday 7 May – Sunday 10 May
10AM to 5PM AEDT
WHERE
SYDNEY CBD
PROGRAM SCHEDULE
Day 1 – Governance for Directors
Thursday 7 May 2026 | 10AM – 5PM AEDT
Day 2 – Risk and Strategy for Directors
Friday 8 May 2026 | 10AM – 5PM AEDT
Day 3 – Finance for Directors
Saturday 9 May 2026 | 10AM – 5PM AEDT
Day 4 – Clinical Governance for Directors (can also be undertaken as a standalone day course)
Sunday 10 May 2026 | 10AM – 5PM AEDT
COST – Inclusive of morning tea and lunch
Full Program (4 Days FACE-TO-FACE)
AIHE Members $6,300.00 excl. GST
Non-Members $7,000.00 excl. GST
Clinical Governance for Directors Course (1 Day FACE-TO-FACE)
AIHE Members $3,150.00 excl. GST
Non-Members $3,500.00 excl. GST
2026 Online Program Dates
WHEN
Thursday 7 May – Thursday 28 May
10AM to 5PM AEDT | ONLINE
PROGRAM SCHEDULE
Introduction Session – Date TBC
Day 1 – Governance for Directors
Thursday 7 May 2026 | 10AM – 5PM AEDT
Day 2 – Risk and Strategy for Directors
Thursday 14 May 2026 | 10AM – 5PM AEDT
Day 3 – Finance for Directors
Thursday 21 May 2026 | 10AM – 5PM AEDT
Day 4 – Clinical Governance for Directors (can also be undertaken as a standalone day course)
Thursday 28 May 2026 | 10AM – 5PM AEDT
COST
Full Program (4 Days)
AIHE Members $5,400.00 excl. GST
Non-Members $6,000.00 excl. GST
Clinical Governance for Directors Course (1 Day)
AIHE Members $1,620.00 excl. GST
Non-Members $1,800.00 excl. GST
WHEN
Friday 17 July – Friday 7 August
10AM to 5PM AEDT | ONLINE
PROGRAM SCHEDULE
Introduction Session – Date TBC
Day 1 – Governance for Directors
Friday 17 July 2026 | 10AM – 5PM AEDT
Day 2 – Risk and Strategy for Directors
Friday 24 July 2026 | 10AM – 5PM AEDT
Day 3 – Finance for Directors
Friday 31 July 2026 | 10AM – 5PM AEDT
Day 4 – Clinical Governance for Directors (can also be undertaken as a standalone day course)
Friday 7 August 2026 | 10AM – 5PM AEDT
COST
Full Program (4 Days)
AIHE Members $5,400.00 excl. GST
Non-Members $6,000.00 excl. GST
Clinical Governance for Directors Course (1 Day)
AIHE Members $1,620.00 excl. GST
Non-Members $1,800.00 excl. GST
WHEN
Friday 9 October – Friday 30 October
10AM to 5PM AEDT | ONLINE
PROGRAM SCHEDULE
Introduction Session – Date TBC
Day 1 – Governance for Directors
Friday 9 October 2026 | 10AM – 5PM AEDT
Day 2 – Risk and Strategy for Directors
Friday 16 October 2026 | 10AM – 5PM AEDT
Day 3 – Finance for Directors
Friday 23 October 2026 | 10AM – 5PM AEDT
Day 4 – Clinical Governance for Directors (can also be undertaken as a standalone day course)
Friday 30 October 2026 | 10AM – 5PM AEDT
COST
Full Program (4 Days)
AIHE Members $5,400.00 excl. GST
Non-Members $6,000.00 excl. GST
Clinical Governance for Directors Course (1 Day)
AIHE Members $1,620.00 excl. GST
Non-Members $1,800.00 excl. GST
Online Program Inclusions:
- 3 Day Foundations of Directorship™ Health Variant Program
- 1 Day Clinical Governance for Directors Course
- Introductory briefing session with facilitators
- Pre-reading course material
- Assessments
- AICD Foundations of Directorship™ Certificate
- AIHE Certificate in Clinical Governance for Directors
- Eligible for CPD points
The partnership between the Australian Institute of Health Executives (AIHE) and the Australian Institute of Company Directors (AICD) Foundation offered an extraordinary professional development opportunity.
Participating in the Directorship Course expanded my understanding of governance, strategic leadership, and contemporary board practice.
The program provided a rare depth of insight into the responsibilities of directors in the health sector, and it significantly strengthened my confidence and capability to contribute at a senior leadership and board level. It was truly a transformative learning experience.
October 2025
I was privileged to attend the first AICD-AIHE Foundations of Directorship Health Variant course, which was delivered in an online format in October 2025. The course was delivered over our four days, which included governance, risk and strategy, finance and clinical governance for directors.
The course materials were of high quality and were very applicable to the healthcare sector, particularly the case studies. I learnt from my peers, who are senior healthcare leaders across the country, and particularly the four facilitators.
Professor Luis Prado, who facilitated the fourth day, made the complexity of clinical governance in healthcare setting come to life with real life examples shared. I would recommend this course to healthcare leaders who are interested in elevating their understanding of both corporate and clinical governance in the healthcare setting.
October 2025
I found the AICD-AIHE Foundations of Directorship Health Variant Course the perfect launching pad for my exploration into Health Management at a board level.
There was good detail in each day of the course. This was expertly supplemented by real life case studies and appropriate anecdotes and experiences that made the course interesting and relatable.
The presenters were engaging and there was lots of opportunity for engagement and interaction with other attendees. I was able to understand areas I previously found complex, especially finance reports.
The Clinical Governance for Directors day was the perfect way to put this information into the field that I am entering. The real world examples and suggestions were especially useful and practical for those entering Clinical Governance.
I highly recommend this excellent course for those wishing to embark on a health related governance pathway.
October 2025