Changing market dynamics, globalization and increasing complexity in corporations is making the role of boards
integral to overall sustainability of the enterprise. Boards have to deal with a multitude of new pressures,
challenges and risks, necessitating them to uphold the highest standards of corporate governance and
effective execution of their roles. Whether it is regulatory compliance, financial resilience, maximization
of shareholder value, risk management or leadership challenges of the top team, Director’s Training Program
addresses these unique issues and helps promote sound corporate governance.
In the course of this program you will learn the best practices of corporate boards, how to leverage
your skills to effectively lead, assemble and analyze the right level of information, rise to the challenges
of changing times and effectively align the interests of individuals, organizations and society.
Shareholder Activism :
In this session, you will examine the recent increase in shareholder activism and the controversies surrounding it.
This session will provide a historical examination of activism and review whether activists have a short- or long-run
orientation in their investment.
Board Oversight and Spotting the Warning Signs of Management Failure :
Boards of directors are charged with oversight of companies, and a key component of that is risk assessment — which has become particularly vital in recent years. While there are many aspects of risk that are important, the one set of factors that business overseers tend not evaluate carefully is the strategy, leadership, and process attributes of companies.
Director Liability Risk :
The goals of this session are to reconcile the divergence between perceptions of personal out-of-pocket liability risk for outside directors and the reality of that risk. We will explain how directors can ensure that their companies’ directors and officers liability insurance policies and indemnification arrangements provide appropriate protection, and describe the board’s monitoring roles.
Social Studies: Why Social Media Matters for Boards :
Social media has fundamentally changed the ways in which companies and customers interact, creating both new opportunities and new risks for businesses. This session develops a framework for thinking about social media from the perspective of a board member.
CEO Succession Planning :
Surveys of corporate boards indicate that only about one-third of all boards have developed a detailed CEO succession process, even though directors uniformly acknowledge that managing CEO succession is a fundamental duty.
Recent Developments in Financial Reporting :
This session will cover impending and proposed changes to financial reporting — for example, in the areas of revenue recognition, accounting for leases, and accounting for financial instruments.