Course description
Board members are the fiduciaries who steer the organization towards a sustainable future by adopting sound, ethical, and legal governance and financial management policies, as well as by making sure the organisation has adequate resources to advance its mission.
Delivering an essential understanding of the board’s role in corporate governance and risk management, this introduction to the duties and legal responsibilities of a director will enable you to tackle the challenges of the boardroom with fresh confidence and progress your career to the next level.
Upcoming start dates
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 in to an ever growing role and responsibilities accompanying the position.
Outcome / Qualification etc.
Upon completion of this Role of the Director and the Board course, delegates 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 and its implications for businesses, along with the legal and regulatory environment businesses must operate,
- A 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 boardroom 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,
- Developed strategies and approaches for the effective management of stakeholders at Board level,
- Recognition of the importance and influence 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
Day 1
Corporate Governance and the role of the Company Director and the Board
- Understanding Corporate Governance: an overview
- 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
Day 2
Review powers, liabilities and statutory responsibilities of Directors and the Board
- Overview of the Director’s roles, responsibilities and duties
- 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
- Delegate 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
Day 3
Focus on the role of the Director in relation to other corporate stakeholders
- 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
Day 4
Review key legislation and its implications for both individual Directors and corporate liability
- 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
Day 5
Corporate Risk Management
- Understanding risk: what is risk?
- Identifying corporate risk
- Assessment, management, monitoring and risk reporting
- The risk culture: Risk adverse or risk taking
- Audit and risk committee
- Business continuity planning and crisis management
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...