Course description
Director Development Programme - The Role of the Director and the Board
This interactive and engaging course will give participants an essential understanding of the key roles, duties and legal obligations of the director and the board. Underpinned by cutting-edge research, models and best practice, the course will explore good governance principles, provide up-to-date legal requirements and give directors a renewed confidence to strategically tackle the increasing challenges facing the boardroom.
The course will also cover specific roles in the boardroom such as chairperson, Non-Executive Director and company secretary. With this, participants will be encouraged to consider their own role within the board and the broader organisation. This will provide the opportunity to share, discuss and develop solutions to contemporary issues and challenges.
Through a mix of case studies, practical examples and real-life experience and knowledge from both the course leader and peers, participants will gain a thorough understanding of corporate governance and risk management.
This is one of five modules, which together make up the full Directors Development Programme. The module can be taken on its own or as part of the full programme. By attending this course, you will gain invaluable insights from industry experts into new ways of working, innovative concepts and the latest theories that can be applied instantly on returning to your own organisation.
The programme will give you the essential knowledge, skills and confidence to improve your performance as a director and, in turn, the performance of the board.
Upcoming start dates
Suitability - Who should attend?
Whether you are an experienced, long-serving director, newly appointed or an aspiring director, this course will give you a fresh and unique insight into an ever-growing role and responsibilities accompanying the position.
This course is for you if you want to:
- Learn more about the role of the duties and legal obligations of the director and the board
- Gain insight into corporate governance
- Understand the Company Act 2016 and its implications for businesses
- Understand the difference between thinking strategically and operationally
- Increase confidence to challenge and influence board level decisions and company direction
Outcome / Qualification etc.
Learning Outcomes
On completion of this programme, you will gain:
- An understanding of the duties, roles and legal obligations of the director and the board
- An in-depth understanding of the Company Act 2006 and its implications for businesses, along with the legal and regulatory environment businesses must operate in
- Deep insight in to corporate governance and how it influences the responsibilities, accountabilities and activities of the board
- A recognition of the approach to take as a director, both in and out of the boardroom and how to improve personal effectiveness
- The ability to identify and understand the crucial differences between direction, management and ownership
- An understanding of how to identify good governance and interpret, assess, and manage corporate risk
- The ability to develop strategies and approaches for the effective management of stakeholders at board level
- Recognition of the importance and influence that corporate values have in the development of a successful, responsible and ethical business
- Increased confidence to challenge and influence board-level decisions and company direction
Training Course Content
Session 1
Corporate Governance and the Role of the Company Director and the Board
Key themes include:
- The role of the company director and board in corporate governance
- Best practice: a look at the corporate governance codes
- Delivering good corporate governance and meeting the legal and regulatory challenges: the need for robust internal processes and systems
- Establishing, communicating and monitoring controls
- Managing risk
- Managing compliance through effective auditing
Session 2
Review Powers, Liabilities and Statutory Responsibilities of Directors and the Board
Key themes include:
- What is a director? Understanding the different types
- The purpose and use of director service agreements
- Understanding board structure and committees
- Role and duties of the board: best practice principles
- Participant powers and matters reserved for the board
- Establishing an effective board: purpose, policies and evaluation
- Introduction to the 2006 Companies Act and a review of its implications for company directors
- Liabilities and accountabilities of company directors
- Knowing the consequences of a breach of duty
Session 3
Focus on the Role of the Director in Relation to Other Corporate Stakeholders
Key themes include:
- Who are corporate stakeholders?
- Identifying and mapping stakeholders
- Strategic stakeholder management
- Developing and implementing the action plan
- Communicating with stakeholders: strategy and progress
- Managing stakeholder conflict
Session 4
Review Key Legislation and its Implications for Both Individual Directors and Corporate Liability
Key themes include:
- Overview of the regulatory and legal framework – insight in to the breadth of legislation impacting businesses including competition, health and safety, employment, corporate solvency, wrongful trading and contract law
- Review of the 2006 Companies Act and its implications on the board and the business
- International framework and EU directives
- Liabilities and accountabilities of company stakeholders
- Legal reporting requirements and the disclosure of information
Session 5
Corporate Risk Management
Key themes include:
- Understanding risk: what is risk?
- Identifying corporate risk
- Assessment, management, monitoring and risk reporting
- The risk culture: risk averse or risk taker
- Audit and risk committee
- Business continuity planning and crisis management
Why choose In Professional Development
Delivered training to over 10,000 organisations
92% of delegates rate our courses as 5 star
Created over 2,500 CMI registrations
Expenses
Course Price
- Virtual Classroom: £1,200 +VAT
- Face to Face Classroom: £1,400 +VAT
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In Professional Development
In Professional Development are a professional training provider offering a wide range of professional development courses, on an accredited or non-accredited basis. Our course portfolio ranges from 1 to 5-day courses. We work with a range of partners to ensure...