GCC BDI Certified Board Director- Module 3: The Effective Board

GCC BDI Certified Board Director- Module 3: The Effective Board

Register now to learn how to understand the roles and responsibilities of the board of directors, explore the relevant laws, differentiate between management and oversight, and analyze the competitive environment to ensure effective and outstanding performance.

Overview

Corporate governance is simply about how we run our businesses to ensure they are run properly, fairly and in the interests of all key stakeholders. Boards of directors are responsible for the governance of their companies, but all employees need to be aware of their roles and responsibilities and apply the policies, procedures and guidelines which the board sets out for them. This module explores the role of the board in formulating and implementing strategy and managing enterprise risk. The module includes the evaluation of the executive directors’ performance as well as business ethics.

Sectors

Banking

Capital Market

Insurance

Financing

Job Families

Corporate Governance

Topics

Business Leadership and People Management

Prerequisite Programs

Not Exist

Training Methods

Lecture

Case Studies +2

Evaluation

Other

Purchase Program

(5)Available

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English
( 12) مقعد
08:30:00 clock Riyadh location
Board Directors Institute BDI
The price is determined upon registration.
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English
( 12) مقعد
08:30:00 clock Online training location
Board Directors Institute BDI
The price is determined upon registration.
calendar
line
English
( 12) مقعد
08:30:00 clock Riyadh location
Board Directors Institute BDI
The price is determined upon registration.
calendar
line
English
( 12) مقعد
08:30:00 clock Riyadh location
Board Directors Institute BDI
The price is determined upon registration.
calendar
line
English
( 12) مقعد
08:30:00 clock Online training location
Board Directors Institute BDI
The price is determined upon registration.
1 / 5
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Available Dates

This provides you with the opportunity to select the available times that suit you best for participation in our program. These times represent slots during which we are ready to welcome you and provide assistance and guidance.

Program Agenda

Schedule

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  • Day 1:

    Monday, April 14, 2025

  • Day 2:

    Tuesday, April 15, 2025

Topic 1: Strategy- The strategic board

In Class Training

1

Types of strategies


2

Benefits of strategy


3

The 10 timeless tests of strategy


4

The hockey stick / hedgehog / hairy back


5

The power curve


6

Economic profit


7

The workload of directors


8

The elements in the strategy method (i.e., frame, diagnosis, forecast, search, choose, commit, evolve)


9

Structure, conduct and performance model (SCP)


10

Porter’s 5 forces


11

Influencing tactics


12

The board’s role in developing and articulating the strategy


13

Cognitive bias (i.e., attribution, over confidence, anchoring, confirmation and loss aversion


14

Time allocation of strategy


Topic 2: Strategy- Strategic concepts and tools

In Class Training

1

Vision


2

Purpose


3

Goals


4

Objectives


5

Competitive analysis


6

PESTLE


7

SWOT


8

Ansoff matrix


9

Balanced scorecard


10

BCG matrix


11

Scenario planning


12

Stakeholder mapping


Topic 3: Strategy - Monitoring performance

In Class Training

1

Indicators for monitoring performance


Topic 4: Director Renumeration

In Class Training

1

Remuneration policy


2

Role of the Remuneration committee


3

Components of executive directors’ and non-executive remuneration


4

Evaluating executives’


Topic 5: Risk

In Class Training

1

The nature of risk


2

Enterprise risk management


3

Risk standards – ISO and COSO


4

Risk tolerance,


5

Risk appetite


6

Identification of risk


7

Assessment of risk using risk assessment matrices


8

Risk mitigation types and processes


Topic 6: Crisis Management

In Class Training

1

Defining a crisis


2

Preparing for a crisis


3

Training for a crisis


4

Responding to a crisis


5

Recovery from a crisis


6

Communications to key stakeholders


Topic 7: Business Ethics

In Class Training

1

Definitions of corporate responsibility, CSR, sustainability, ethics


2

International standards and frameworks (e.g., SDGs, integrated reporting, GRI sustainability etc)


3

Distinguish between legal compliance and ethical behaviour


4

Ethical principles


5

Managing ethical issues


6

The contents of a code of ethics


7

Monitoring ethical practices


Program Targets

category

Describe the board’s governance roles and responsibilities.

category

Understand the different board roles including the role of the Chairman, Executive Directors and Non-Executive Directors (including Independent Directors and Nominated Directors).

category

Understand the roles of the Chief Executive Officer, other Executives and the Board Secretary.

category

Identify the key laws and regulations impacting upon directors with particular reference to duties, responsibilities and liabilities.

category

Differentiate managing versus directing

category

Identifying key dilemmas facing the board and making suggestions as to how these might be addressed.

category

Discuss the role separation of chairman and CEO.

category

Identify the characteristics and benefits of a balanced board.

category

Describe good practices associated with board committees.

Suggested Certificates

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