Corporate Governance: Optimal Board Efficiency for Senior Executives

Description

Introduction

Corporate governance is about what Boards do and how they do it- how Boards are structured, their priorities, and what international codes set out as best practices. This course will provide a foundation for understanding corporate governance and provide a basis for subsequent training.

When companies go off track – unexpected risks become a 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 influential? And how should we measure their performance?

Course Content

• Corporate Governance Fundamentals
• Role of the Board
• Board Composition and Structures
• Corporate Governance – Employee Representation on the Board
• The Effective Board Director
• Leadership, Independence and Governance
• Performance Measurement and Remuneration of Directors
• Running an Effective Board Meeting
• How to run an effective board meeting.

Learning Outcomes

• • • Understand corporate governance concerning boards members, including:
    • Define strategies for board members, executives, and other environmental, social, and Governance (ESG)
    • integrators to respond to conflicting demands and societal challenges to their organization
    • How boards are structured and operate, including through Board Committees; and
    • The benefits of board member diversity include gender, ethnicity and ‘functional’ diversity.
    • Define the role and responsibilities, as well as characteristics of a successful Board of Directors;
    • Describe what the legal duties of a director are.
    • Recognize the characteristics of an ineffective Board.
    • Plan for how to manage the competing interests of stakeholders and shareholders
    • Ensure proactive governance and learn how to prepare for potential risks
    • Review how to run an effective board meeting.
    • Explain the roles 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.
    • Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.
    • Ensure proactive governance and learn how to prepare for potential risks
    • Recognize critical considerations of compensation and succession planning