Corporate Governance In Action: Strategies & Models

Course overview

Corporate governance refers to the body of regulations and legislation that control how corporations are run and managed. Regarding matters pertaining to the make-up of the Board, compensation, accountability, etc., the corporate governance code establishes good practice requirements.

The code’s goal is to make sure that all corporations that are parties to it operate in accordance with its specifications. Those who have broken the rules in the past owe an explanation and a defense of their actions.

There are different corporate governance models, and each one has its own set of guiding principles. Organizations using any of these should follow the guidelines and recommendations provided therein. You will gain a thorough knowledge of corporate governance, including the corporate governance code, concepts, models, policies, and best practices, from this Training Bee course.

The course material covers a broad range of corporate governance-related topics and equips you with the knowledge and abilities needed to take on demanding and important roles in the field. It also enables you to select from a wide range of opportunities for employment in the field.

Introduction

Regulations and compliance challenges are changing as a result of the changing corporate environment. The board’s ongoing training makes sure that the directors are aware of their fiduciary obligations and have the skills necessary to fulfill them. Organizations that invest in director training may directly affect their performance, and ongoing training can transform a mediocre board into a high-performing board. What will be discussed during corporate governance?

Board member training, perhaps? In order to create a high-performing board that can handle the demands of the global business environment, our corporate governance course provides outstanding learning opportunities.

This program will cover a range of topics, including the legal and ethical principles of corporate governance, best practices in risk management, and the responsibilities of board members and directors. We will also discuss the importance of effective communication and collaboration between board members, directors, and other stakeholders.

We are The Training Bee, a global training and education firm providing services in many countries. We are specialized in capacity building and talent development solutions for individuals and organizations, with our highly customized programs and training sessions.

Learning Objectives

Upon completing Corporate Governance Basics & Beyond, participants will be able to:

Ensure a solid foundation for a framework for good corporate governance.
Verify the diversity of the board’s membership.
Give the Board the tools it needs to carry out its responsibilities as Directors.
Ensure that you fully comprehend the essential provisions of the corporate governance legislation.
Describe the Board’s best practices for effective and efficient management.
Encourage fair disclosure, accountability, and consideration for all stakeholders within the organization.

Our Unique Training Methodology

This interactive course comprises the following training methods:

Role-playing – Participants will take part in several role-plays and understand practical ways of solving issues.
Journaling – This consists of setting a timer and letting your thoughts flow, unedited and unscripted recording events, ideas, and thoughts over a while, related to the topic.
Social learning – Information and expertise exchanged amongst peers via computer-based technologies and interactive conversations including Blogging, instant messaging, and forums for debate in groups.
Project-based learning
Mind mapping and brainstorming – A session will be carried out between participants to uncover unique ideas, thoughts, and opinions having a quality discussion.
Presentations – Participants will be presented with multimedia tools such as videos and graphics to enhance learning. These will be delivered engagingly and interactively.
Group discussions – The course will incorporate group discussions and debates to encourage active participation and collaboration.

Training Medium

This Corporate Governance Basics & Beyond training is designed in a way that it can be delivered face-to-face and virtually.

Course Duration

This training is versatile in its delivery. The training can be delivered as a full-fledged 40-hour training program or a 15- hour’s crash course covering 5 hours of content each day over 3 days

Pre-course Assessment

Before you enroll in this course all we wanted to know is your exact mindset and your way of thinking.
For that, we have designed this questionnaire attached below.

What topics will be covered in the Corporate Governance Training Certification for Board Members & Directors?
Are there any prerequisites for attending the training?
What is the duration of the training?
What is the format of the training, and how will the course material be delivered?
How will the course content be assessed?
What are the objectives of the training?

Course Modules

This Corporate Governance Basics & Beyond covers the following topics for understanding the essentials of the Agile Workplace:

Module 1 – Corporate Governance Overview

Corporate Governance Principles
Corporate Governance’s Goals
The Four Pillars of Governance

Module 2 – Committee of Directors

Membership of the Board
Obligations and responsibilities of the board chairman
Directors’ obligations
Unbiased directors
Company Secretary’s Function

Module 3 – Advisory Committees

Board committees’ objectives
Finance Committee
Committee for Compensation

Module 4 – Overview of Risk Management

Risks’ Identification
Risk Evaluation
Risk Reduction

Module 5 – O.E.C.D. recommendations

An effective framework for corporate governance
Respect for shareholders’ rights
Institutional investors as well as other middlemen

Module 6 – Accounting for Financial Statements

Account Statements
Account of Income and Expenditures
Statement of Equity Changes

Module 7 – Finance for Non-Financial Professionals

Knowing important financial statements
Principles of Accounting generally accepted
Basic Terms in Accounting

Module 8 – Internal Measures

Internal Controls and Task Segregation
Internal auditors’ obligations
External auditors’ obligations

Post-course Assessment

Participants need to complete an assessment post-course completion so our mentors will get to know their understanding of the course. A mentor will also have interrogative conversations with participants and provide valuable feedback.

What board governance structures have you implemented to ensure effective decision-making?
How have you adapted corporate governance principles to the changing landscape of the business world?
How have you ensured that board members and directors are educated on the latest corporate governance trends?
What strategies have you employed to ensure that the board is compliant with the relevant laws and regulations?
What processes have you implemented to ensure that board members and directors receive feedback on their performance?
How have you ensured that conflicts of interest and other ethical issues are avoided?

Lessons Learned

Corporate governance is essential for creating a successful and sustainable business. It is important for board members and directors to understand their roles and responsibilities, act in the best interests of the company, and are aware of their legal and ethical obligations. Good corporate governance also helps to ensure that the company is managed effectively and that its financial performance is optimized. Finally, it is important to remember that corporate governance is a process that evolves over time and must be continually monitored and adapted as the business environment changes.

“Since effective corporate governance is crucial to creating an atmosphere of accountability and openness, board members and directors must endeavor to ensure that their company is adhering to these criteria.”