When companies go off track – unexpected risks become reality, unplanned-for claims arrive without notice, a sudden vacancy appears among top management – shareholders look to the Board of Directors for an explanation and a remedy. But how do we know if directors are effective? And how should we measure their performance? This course examines ‘what good looks like’ for members of a board when carrying out their duties – including the Board chairman, the Company Secretary and non-executive directors.
The course will also include a site visit to an organization relevant to the course so delegates can develop an understanding of how their contemporaries function in the real-world.
The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.
The Effective Board Director
- Directors Legal Duties
- What skills do Board directors need?
- What makes an effective board?
- Evaluating Board Performance
Leadership, Independence and Governance
- Role and skills of the Board chairman
- Roles and skills of the Non-executive director
- The company secretary as head of governance
- Role of Executives
- The Executive Committee
Performance Measurement and Remuneration of Directors
- Appointments to the Board & Succession planning
- Industrial visit to a relevant organization.
- An insight into the internal working of companies.
- An opportunity to learn through interaction with practising professionals.
- Summary and recap of key learning objectives
- Action Planning
This course is suitable for:
- Non-Executive Directors wanting to understand their role;
- Other Board members wishing to refresh their knowledge and skills;
- Chairs of organizations, Chief Executives, Company Secretaries, Other Heads of organizations;
- Professionals, practitioners, and managers in corporate investment, as well as Leaders in state owned enterprises, public, voluntary, and non-profit organizations;
- those needing to get to grips with good governance such as Inhouse counsel and Regulatory and Compliance professionals.
Upon completion of this course, you will be able to:
- Describe what the legal duties of a director are.
- Recognize the characteristics of an ineffective Board.
- Review how to run an effective board meeting.
- Explain the roes and skills needed for key appointments to the board, including the chairman, company secretary and non-executive directors.
- Implement a performance measurement structure for individual directors and the board as a whole.
- Develop a practical perspective into contemporary work practices in your field.
- Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.
£3435 + VAT