Board Effectiveness & Director Responsibilities
Overview
Effective boards set strategy, oversee management and protect stakeholders' interests. This course helps directors understand their legal duties, board processes and committee roles, and how to contribute to board decisions with independence, insight and integrity.
Who should attend
Board members, prospective directors, company secretaries, and executives who work closely with boards.
Training methodology
Interactive presentations, practical exercises, case studies, group discussions, role-plays where relevant, and a personal action plan that participants apply in their own work.
Objectives
By the end of this course, participants will be able to:
- Explain the role of the board and directors' duties
- Understand board structures and committees
- Contribute effectively to board meetings and decisions
- Oversee strategy, risk and management performance
- Evaluate and improve board effectiveness
Course outline
Day 1Role of the Board
- Board purpose and responsibilities
- Directors' legal duties
- Board and management roles
- Governance codes
- Discussion
Day 2Board Structure
- Board composition and independence
- Chair and CEO roles
- Board committees
- Diversity and skills
- Case study
Day 3Board Meetings
- Agendas and board papers
- Effective discussion
- Decision making
- Minutes and follow-up
- Board meeting simulation
Day 4Oversight
- Strategy oversight
- Risk and internal control
- Financial reporting
- CEO performance and pay
- Exercise
Day 5Board Effectiveness
- Board evaluation
- Director development
- Conflicts of interest
- Board culture
- Action plan