Course description
Choosing a course in strategic governance for the board’s program at Rcademy is a good choice. This program will provide practical knowledge in strategic evaluation and company planning using different strategic techniques. The participants will study, evaluate, propose alternative remedies, and create decisions concerning company strategy. It focuses on matching the company’s methods to the external surrounding to help it attain an excellent competitive advantage. The corporate governance course is about the roles of boards and how they perform them. The Boards’ priorities should comply with the global rules set for the best practice. The Rcademy program will give you a foundation for knowledge of corporate governance and the basis for continuous training.
What’s the board’s role in corporate governance?
The board’s role is to strategize and plan objectives and the goal for the organization’s short and long-term good and implement strategies to evaluate progress against the institutional goals. The board depends on the independent director to assess the board’s perspective to sound decisions and guide them on company processes. Modern governance activities help ensure a healthy commission of dynamic exchanges among all the parties involved.
What are the major issues in corporate governance?
Some major issues in corporate governance include the performance of directors’ evaluation, stakeholders’ accountability, risk governance, executive compensation, elimination of independent directors, succession planning and founders’ control, and getting the right board of directors.
The Strategy Governance for Boards Training Course by Rcademy ends with a summary of the essential learning points. Then, an action-planned exercise that will assist in applying the acquired skills and knowledge immediately after you return to your work.
Upcoming start dates
Suitability - Who should attend?
The objectives of The Strategy Governance for Boards Training Course by Rcademy are to enable professionals to:
- Understand the importance of corporate training and strategic evaluation concepts
- Apply strategic management to the idea of the prevailing business environment
- Understand the business methods applied globally
- Apply the skills and knowledge gained in the strategic management
- Apply the skills and knowledge used in bridging the gap between actual life application strategic planning and academic strategic planning
- Understand the importance of attaining a competitive advantage for a company’s survival and growth
Training Course Content
Module 1: Introduction to Strategic Governance
- Introduction
- Meaning and Process of strategic governance
- Phases of strategic governance planning
- What creates a strategic decision?
- Importance of strategic governance
- Nature of strategic managers
- Benefits and pitfalls of strategic planning
- Basic terms in strategic governance
Module 2: Corporate Leadership and Planning
- The board of directors
- The board of directors members
- Tasks of the board in strategic governance
- Leadership
- Leadership and its Effect on the strategic governance
Module 3: Internal and External Scanning
- Resources-based method for company analysis
- Knowing the advantages of sustainability in a company
- Using the company resources to gain a competitive advantage
- Company value chain evaluation
- Strategic marketing challenges
- Fundamental company structures
- Surrounding variables
- Recognition of surrounding external variables
- Scanning the society’s environment
- Market analysis
Module 4: Methods for Strategy Governance for Boards
- Types of strategies
- Competitive Advantage and Strategy
- Different types of strategies
- The most familiar types of strategies
Module 5: Directing and Staffing
- Staffing aligns with the methods
- Governance and selection analysis
- Governance of company culture
- Internal challenges in staffing
- Issues in retrenchment
- Action plan
- Governance with the use of goals
Module 6: Control and Evaluation
- Introduction
- Different types of control
- Basic measures of company performance
- Basic assessment of the functional, division, and performance
- Guidelines for correct governance
Module 7: Strategic Challenges in Small Business and Entrepreneurial Ventures
- Implementation of strategic governance and planning
- Importance of the strategic governance model
- Innovation sources
- Importance of the process of decision making
- Aspects Impacting a new venture success
- Levels of small business growth
Module 8: Formulation of Strategic Governance Internal and External Evaluation
- A complete strategy formulation framework
- The input levels
- The matching level
- Space matrix
- SWOT matrix
- IE matrix
- The grand strategy matrix
- The decision
– QSPM matrix - Methods for choice criteria
– Clarity of objectives
– Consistency of tests
– Flexibility
– Correct timing
– Governance commitment - Operating the environment scanning
- Structural Assessment of the competitive forces
- Performance and structure of personal competitors
- performance and structure of the market as a whole
- Financial evaluation
- Various functional sections diagnosis
- Company situational analysis
- SWOT analysis
Module 9: Strategies in Action
- Types of strategies
- Long-term goals
- Intensive methods
- Integration methods
- Defensive methods
- Diversification strategies
- Michael Porter’s generic techniques
- Strategic governance in government and non-profit organizations
- Methods of attaining strategies
- Strategic control in small organizations
Module 10: Implementation of Strategies
- Evaluation of change of strategy
- Analyzing of company culture
- Evaluation of company strategy
- Creation of an effective reward design
- Choosing an implementation method
- Applying a strategic leadership
- Annual goals and rules
- Implementing strategy and analyzing the results
- Management of conflicts
- Allocation of resources
Module 11: Strategic Evaluation and Control
- Traits of an effective evaluation system
- Evaluation framework
- Auditing
- 21st-century issues in strategic governance
- Strategic control activity
- Strategic control and the management information system (MIS)
- Top governance and strategic control
Course delivery details
The course in strategic governance for boards at Rcademy uses the learning methods driven by the right studying goals supported by significant objectives and curriculum. The student’s understanding will be assessed through quizzes, experimental studying, assignments, final exams, and group development strategy audits of the chosen company. There are in-depth instructions for all the activities in the program at Rcademy. Note that the study’s success relies on your ability to read the assigned resources, such as text chapters and other instructional resources given during the course. The final exam will allow the participants at Rcademy the chance to show the things they learned beyond this course to their major. The instructor will monitor all learning activities to help ensure that they meet the intended learning goals.
This Rcademy training course will help participants learn about the topics covered in the course outline using proven adult studying materials and facilitation methods. The seminar techniques used include role play, case study, and group discussions evaluating and analyzing the primary challenges facing strategy governance for boards.
The strategy governance for boards is specially structured to ensure that it gives new skills for professional growth.
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Rcademy
Rcademy is a global training and consultation organisation set out to bridge the gap between you now and what you can be in the near future. We are facilitators of knowledge impartation. Our team of established and experienced training enthusiasts...