Governance, Risk & Compliance
Board Members & Corporate Directors Certification Program
Gentex Training Center offers a comprehensive Board Members & Corporate Directors course to enhance governance, strategy, and leadership skills.
Introduction
Board membership is a position of great responsibility and influence. But what does it take to thrive in this critical role? Gentex Training Center's Board Members & Corporate Directors Certification Program empowers you to excel in board service. This comprehensive program equips you with the essential knowledge, skills, and best practices to effectively contribute to a thriving organization.
The role of the Board in the strategic management of the company, the CEO hiring process and evaluation of his/her performance, succession planning process and procedures for key positions, and equip directors with tools to help them exercise reasonable and informed oversight over the financial performance of the company.
This programme is about the principles of and best practices in corporate governance along with the applicable tools on how to instill good governance. The foundation of the whole program and it presents an introduction to the role of the board of directors and the importance of good corporate governance.
Board Members & Corporate Directors Course Objectives:
- Become a Certified Board Member
- Build a commitment to good governance and demonstrate a clear focus on effective structures and processes for achieving the benefits of corporate governance
- Acquire knowledge about a board’s structure & functioning to create a competent and effective board
- Gain management control to achieve internal control, management of risk, and the integrity of financial information
- Discover principles of disclosure & transparency to communicate accurate and actionable information equally to shareholders & stakeholders (including regulators)
- Adopt shareholder practices including the equal treatment of all shareholders, and protection from abuse from company insiders
Who Should Take This Course
- Individuals nominated for or recently appointed to board positions.
- Business leaders and executives seeking to strengthen their understanding of board governance.
- Professionals interested in pursuing a career in board service.
- Anyone committed to contributing effectively to the success of an organization as a board member.
Board Members & Corporate Directors Course Outlines:
The rationale for good corporate governance & best practices
- • Definition, concept, and principles of corporate governance
- • The corporate governance framework
- • The key dimensions of corporate governance
- • Benefits of good governance and investor perspective
Executive and non-executive evaluation and remuneration
- • How to attract, retain and motivate directors and chief officers
- • How to assess and evaluate the performance of the Board
- • Executive remuneration and linking remuneration to performance
- • How to set Board remuneration
- • Realize the importance of the Board’s performance evaluation
- • Understand the director remuneration models and adequately structure executive remuneration package in your company
A guide to succession planning
- • Concept and need for succession planning
- • How is key positions’ succession planning organized
- • Role of the Board in succession planning
- • A framework for succession planning
- • Defining parties that should have access in the succession planning
- • Succession planning pitfalls
- • Make use of best practices as they can be found at other companies
Establishing internal audit and control procedures
- • Introduction to the internal audit function
- • The internal audit cycle
- • Responsibilities of the compliance function
- • Understand how internal audit and control procedures contribute to corporate governance
- • Recognize the importance of robust internal audit
- • Identify its focus and approach
- • Appreciate the importance of resolving audit issues
The board’s role in protecting shareholder rights
- • Types of shareholder rights
- • Shareholder rights under the OECD Principles of Corporate Governance
- • Specific shareholder rights
- • Pre-emptive rights
- • Tag-along rights
- • Understand why protection of shareholder rights is important
- • Ensure that your company practices do not violate shareholder rights
Conclusion
Gentex Training Center's Board Members & Corporate Directors Certification Program equips you with the knowledge, skills, and practical tools to excel in your board service. By successfully completing this program, you'll gain the confidence to navigate the boardroom effectively, contribute meaningfully to strategic decision-making, and ultimately drive long-term value for the organizations you serve. You'll also earn a recognized Board Member & Corporate Director Certification, solidifying your expertise and commitment to good governance practices.