Beyond compliance: Governance, risk and performance | MBA masterclass

Online via Zoom
11, 18 and 25 August and 1 September, 2021

Ranked #20 online MBA worldwide

Top 1% of universities worldwide*

40 years of distance and online teaching excellence

Better understand all aspects of governance in your organisation

This masterclass seeks to deliver a clearer understanding of the expanded expectation that is now placed on the role of governance by an organisation’s stakeholders and importantly society itself. This seismic shift in the perspective of what is now governance, alters our view of how governance operates and what is potentially achievable in relation to an organisation’s performance.

We'll aim to sharpen your focus on core governance drivers and the relationship to systems thinking, value creation, an organisation’s purpose, leadership, transformation, corporate compliance, strategy, and organisational capability.

Organisations also have the option to undertake a Governance Intelligence® Pulse Audit, with the normal fee of $957 waived for designated organisations.

Presenter: Damien J Smith AM

Damien Smith AM (LLB, B. Com, FAICD, FIML, FGIA, FCIS, CAHRI) is the Founder and Managing Director of Enterprise Care – a business focused on driving sound governance practices in organisations. He is also the Principal of Damien J Smith Lawyers and an acknowledged whole of organisation governance expert.

His recently published 'Unintentional Dishonesty? Governance Sans Frontieres' offers critical insights into his systems and whole of organisation thinking, as well as innovative approach to governance with the Governance Intelligence® framework.


Session 1

  • Contemporary issues and thinking about governance.
  • Exploration of why present governance practices are failing.
  • What is governance and how does it differ from whole of organisation governance?
  • Explore collective wisdom, systems thinking and eco-systems.
  • Rethinking the purpose of the corporation: shareholder primacy and stakeholder value.
  • Thinking about what constitutes oversight in an organisation.

Session 2

  • Contemporary issues highlighting governance failures and what went wrong.
  • What is the purpose of the organisation?
  • What role does purpose play in an organisation’s governance?
  • Becoming a high-performance organisation.
  • Setting the strategic objectives of the organisation.
  • Adopting an inward or outward/inclusion or exclusion focus.
  • The role of culture and values in whole of organisation governance.

Session 3

  • Contemporary issues highlighting governance failures and what went wrong.
  • Independence and integration of governance practices.
  • The role of principles in governance practices.
  • The approach to risk and compliance management: compliance versus performance.
  • Leadership including role of values and behaviours.

Session 4

  • Contemporary issues highlighting governance failures and what went wrong.
  • Embedding transparency, openness and accountability.
  • Organisational capabilities and whole of organisation governance.
  • What happens next and where is the best place to start?

You must attend all four masterclass sessions to record a pass mark.

For more information on this and other masterclasses, please check our frequently asked questions (PDF, 132KB).


Prepare a written report and deliver an oral ten to twelve-minute class presentation. You'll provide a written analysis of how a whole of organisation governance perspective impacts stakeholders, together with the anticipation of what it means for their roles, responsibilities, and participation.

Identify one critical element and address this by offering insights into a range of aspects that will be discussed throughout the masterclass.

Fees and recognition

This masterclass is open to all, not just Deakin MBA students, and costs $1800 (inc. GST, no FEE-HELP). Two masterclasses can be stacked together to earn one credit point (as an elective unit) towards your Deakin MBA.

*ARWU Rankings 2020