Description
OVERVIEW
Different organizations have different development requirements at board level, depending on the experience of their directors, their particular sector and their operating environment. Our courses cover all aspects of effective corporate governance training – for private companies, quoted companies, international operations and also non-commercial organisation such as charities. To help narrow down the content of a corporate governance training course / workshop, this agenda of modules has been developed to cover all the key issues
AGENDA
INTRODUCTION TO GOVERNANCE
- Corporate governance
- The business case for corporate governance
- Disclosure and transparency
- The role of shareowners and stakeholders
- Benefits of disclosures and transparency
- Financial and non-financial information disclosures
- Insider trading
- Related-party transactions
THE BUSINESS CASE FOR CORPORATE GOVERNANCE
- Corporate governance system
- Articles of Association
- Board’s charter
- Company policies and procedures
- Business case for corporate governance
- Code of ethics and values
DISCLOSURE AND TRANSPARENCY
- The role of shareowners and stakeholders
- Shareowner rights and agreements
- Share ownership issues
- Concentration
- Pyramids
- Family companies
- Protecting minority shareowners’ interests
- Investor questions
- Stakeholder mapping
BOARD ROLE, DIRECTORS’ DUTIES AND LIABILITIES
- Board role, responsibilities
- Board classification systems
- Managing versus directing
- Key dilemmas facing directors
- Types of director, chairman, CEO
- Directors’ rights, duties, liabilities
- Chairman / CEO role separation
THE EFFECTIVE BOARD: COMPOSITION AND STRUCTURE
- The balanced board
- Board size
- Director leadership attributes
- Director selection, appointment and agreements
- Succession planning
- Board committees
- Non-executive directors’ remuneration
BOARD PRACTICES
- Meeting preparation
- Conducting meetings
- Follow-up and in-between meetings
- Board member roles and responsibilities
- Module 8: Board procedures
- Dysfunctional board’s characteristics
- Board conflicts and disagreements
- Confidential information
- Non-disclosure of a conflict of interest
- Non-disclosure of a related-party transaction
- Removal of a director, the CEO, and chairman
- Improving the effectiveness of board meeting procedures
- Board evaluation
THE GOVERNANCE OF STRATEGY
- Strategic planning and management
- Business environment
- Strategic analysis tools
- Resource capability
- Strategic options
- Boards role in governance of strategy
- Strategy committees
EVALUATING STRATEGY DELIVERY AND EXECUTIVE DIRECTORS PERFORMANCE
- Key performance indicators (KPIs)
- Balanced scorecard
- Organizational performance benchmarking
- Corporate dashboards
- Evaluating executive performance
- Remuneration policy
- Remuneration committee best practices
- Executive directors’ remuneration
- Remuneration disclosure
THE GOVERNANCE OF RISK
- The nature of risk
- The board’s role in risk management
- Identification of risks
- Risk assessment mapping
- Risk response and monitoring
- COSO II framework
- Disaster recovery and business continuity planning
- Communicating risk management policies
CORPORATE RESPONSIBILITY
- The business case for corporate responsibility
- The board’s role in leadership and planning
- Corporate responsibility frameworks
- Corporate responsibility reporting tools
- Corporate responsibility actions
FINANCIAL OVERSIGHT
- The role of the CFO
- Accounting policies
- Accounting principles
- Accounting reports
- The board’s key accounting information needs
- Types of management accounting reports to the Board
- Financial performance metrics and ratios
REPORTING
- The information needs of corporate report users
- Non-financial reporting
- The form of enforcement of reporting obligations
- International best practice standards of corporate reporting
- Effective shareholder communications and investor relations
- The principles of responsible investment (PRI)
Corporate finance
- Financing growth
- Capital gearing (debt / equity ratio)
- Funding sources
- Initial public offerings (IPOs)
- Dividend policy
- The weighted average cost of capital
- Price earnings (P/ E) ratios
- Capital decision making
- Financial crisis indicators
- Module 16: The control environment
- The audit committee
- The external audit
- The internal audit
- Whistle blowing
LEADING, PLANNING, IMPROVEMENT
- Leading change
- Corporate governance progression matrices
- Developing an action plan
- Elements of leading change
OBJECTIVES
- Learn what happens at the top of your organisation and the decisions taken/judgements made by those around the boardroom table
- Provide an up-to-date overview of best practice corporate governance
- Examine best practice governance principles and models around the world
- Learn the business benefits and drivers of good corporate governance
- Gain a better understanding of the roles, responsibilities and dynamics of the boardroom.
WHO CAN ATTEND
- Existing and prospective directors, both executives and non-executives
- Senior managers and those looking for a board-level appointment; company secretaries
- Members of senior management teams in the public sector
- Internal auditors
- In-house lawyers
- HR professionals
- Ethics officers
- Directors and managers of companies seeking a listing
- Executive search consultants.
TRAINING METHODOLOGY:
Totally flexible. The corporate governance training modules have all been developed as a three-hour sessions, but elements from each can be put together to create the corporate governance training course you want.
Simply indicate the topics of most interest and we will devise a program accordingly. And if there is anything we have not listed, let us know and we will develop a corporate governance training module just for you.
A highly interactive format, where all delegates will be encouraged to engage and participate, share and gain from each other’s knowledge and experience. The lectures will rely on a bullet-based slide presentation enriched by group discussions around case studies, videos and checklists wherever applicable.
Through a multiple-instructional setting, the goal is to achieve the learning objectives by means of virtual technologies that match personal learning styles and by the inclusion of non-linear learning that aims at the development of just-in-time skills of adult learners.
At the same time and in order to allow participants maximum flexibility of scheduling, the learning will be conducted in an allochronic manner. Using a state-of-the-art training architecture, RMA will combine self-learning with assessments and online discussions.
The pedagogics – adapted explicitly to professionals in full-time work – will help train participants through several experiences: absorb (read); do (activity); intermingle (socialize); mirror (relate to one’s own reality).
.DURATION: 5 days [ 5 Hours each day]
VENUE: Virtual or Onsite[RFP]
DATE[TBC]: Send enquiry to: info@theriskacademy.org or call: 08021003297;07034248767;09071941111
