Looking to Customize Your Programs?
Get tailored training solutions designed for your organization’s goals.
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.
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.
Banking
Capital Market
Insurance
Financing
Corporate Governance
Business Leadership and People Management
Not Exist
Lecture
Case Studies +2
Other
Purchase Program
(5)Available
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.
In Class Training
Types of strategies
Benefits of strategy
The 10 timeless tests of strategy
The hockey stick / hedgehog / hairy back
The power curve
Economic profit
The workload of directors
The elements in the strategy method (i.e., frame, diagnosis, forecast, search, choose, commit, evolve)
Structure, conduct and performance model (SCP)
Porter’s 5 forces
Influencing tactics
The board’s role in developing and articulating the strategy
Cognitive bias (i.e., attribution, over confidence, anchoring, confirmation and loss aversion
Time allocation of strategy
In Class Training
Vision
Purpose
Goals
Objectives
Competitive analysis
PESTLE
SWOT
Ansoff matrix
Balanced scorecard
BCG matrix
Scenario planning
Stakeholder mapping
In Class Training
Indicators for monitoring performance
In Class Training
Remuneration policy
Role of the Remuneration committee
Components of executive directors’ and non-executive remuneration
Evaluating executives’
In Class Training
The nature of risk
Enterprise risk management
Risk standards – ISO and COSO
Risk tolerance,
Risk appetite
Identification of risk
Assessment of risk using risk assessment matrices
Risk mitigation types and processes
In Class Training
Defining a crisis
Preparing for a crisis
Training for a crisis
Responding to a crisis
Recovery from a crisis
Communications to key stakeholders
In Class Training
Definitions of corporate responsibility, CSR, sustainability, ethics
International standards and frameworks (e.g., SDGs, integrated reporting, GRI sustainability etc)
Distinguish between legal compliance and ethical behaviour
Ethical principles
Managing ethical issues
The contents of a code of ethics
Monitoring ethical practices
Describe the board’s governance roles and responsibilities.
Understand the different board roles including the role of the Chairman, Executive Directors and Non-Executive Directors (including Independent Directors and Nominated Directors).
Understand the roles of the Chief Executive Officer, other Executives and the Board Secretary.
Identify the key laws and regulations impacting upon directors with particular reference to duties, responsibilities and liabilities.
Differentiate managing versus directing
Identifying key dilemmas facing the board and making suggestions as to how these might be addressed.
Discuss the role separation of chairman and CEO.
Identify the characteristics and benefits of a balanced board.
Describe good practices associated with board committees.
+1000 entities have already joined the Financial Academy.