Certificate in Board Governance Training Course

Why select this training course?

When you think about board governance, you should consider the frameworks responsible for structuring a company’s board and how it operates. This means that Board Governance is core to every responsible organization, as it involves the well-being and responsibilities of the organization. This course has been developed to understand the importance of Board Governance and the need to present a valuable opportunity for every interested person to learn the rope and sharpen their knowledge of Board Governance.

What are the roles of board governance in an organization? 

The board of directors is responsible for governance and representing the organisation’s interests. In this light, the board is in charge of procedures, policies, and long-term planning of the organisation’s values. To do this, there must be in existence a governance structure. Whatever structure is decided upon by the board will be responsible for the organisation’s framework, policies, and procedures. This Rcademy course will further address important issues regarding the different functional roles of board members and exhibit the need for dynamics that will create a positive culture in the organization.

What is a board governance manual? 

A Board Governance manual, usually approved by the Trustee’s Board, exists to chronicle and establish the structure and operational function of the organization or company.

The Certificate in Board Governance Training Course by Rcademy aims to provide participants with the knowledge, skills, and tools they need to effectively serve their organization and make informed decisions that support its success.

Who should attend?

The Certificate in Board Governance Training Course by Rcademy is ideal for different people, especially those involved in decision-making in the organization or in a high-ranking position. Hence this course is primarily for:

• Board and committee members who constitute the board of governance of any organization
• Chairs and committee chairs who spearhead the policy-making and operational affairs of the organization
• Stakeholders, both internal and external ones that have a high-level interest in the organisation’s affairs
• Executive directors and CEOs elected or appointed to ensure smooth and firm operations of an organization
• Senior managers and supervisors responsible for managing the conduct of other employees in the organization
• Board secretaries who track and record the decisions made at every board meeting
• Any other individual involved in governance or management within the organization

What are the course objectives?

The Certificate in Board Governance Training Course by Rcademy aims to achieve the following objectives at the end of the training exercise. Hence, participants should be able to:

• Recognize the board’s roles, responsibilities, and duties
• Examine the previous offices, composition, and structure of the board
• Acquaint themselves with the board’s instruments, tools, and procedures
• Discuss the best practices for conducting productive board meetings
• Analyze the corporate governance framework
• Recognize the perspective of the GRC (Governance, Risk, and Compliance) mechanism
• Recognize the obstacles affecting the effectiveness of the board
• Acquaint themselves with board evaluation practices
• Understand the different models of Board Governance
• Understand and explain the ethical code of conduct of the board
• Identify and familiarise with the manual for board policy and board covenants.

How will this course be presented?

Rcademy’s certificate in Board Governance training involves the active engagement of participants in hands-on activities while acquiring the knowledge and training which places a significant emphasis on practical learning. Throughout the course, relatable case studies and scenarios encourage learning and ensure that theoretical information is transformed into practical application.

This carefully designed training course will use several effective learning procedures and strategies to maximize comprehension of the course’s information and context. This method will also help students understand and remember what they have learned. All participants will participate in the program’s theoretical and practical components, which will be well-attended and highly engaged.

This training course will develop leadership skills through engaging in assessment group discussions, role-playing, crisis communication, problem-solving, and other activities. Checklists, exercises, and quizzes will be included in the course materials to test the knowledge gained from time to time. The content of this course was designed with the participant in mind. The course is delivered effectively to ensure that participants are completely engaged in learning.

What are the topics covered in this course?

Module 1: An Introduction to Board Governance

• Overview of Board Governance
  – Meaning of Board Governance
• Governance relationship with management and board of directors
• Importance of focusing on good governance
• Benefits of practicing good governance

Module 2: Governance Models

• Introduction to different governance models
• Factors Influencing Board Governance
• Models of governance
  – Traditional model
  – Carver Board Governance model
  – Cortex Board Governance model
  – Consensus Board Governance model
  – Competency Board Governance model

Module 3: Responsibilities and Roles of the Board of Directors

• Prominent governance roles of the Board of Directors
  – Recruitment of managers and senior employee
  – Provide a policy-based governance system
  – Organisational structure
  – Providing road maps and directions to an organization
• Responsibility of the Board of Directors
• Board of director code of Behaviors
• Importance of the Board of Directors code of Behaviours

Module 4: Board Governance Framework

• Overview of Board Governance Framework
• Models of governance
  – Advisory model
  – Cooperative model
  – Management team model
  – Policy board model
• Principles of governance
  – Discipline
  – Transparency
  – Independence
  – Accountability
  – Responsibility
  – Fairness
  – Social responsibility

Module 5: Executive Management and Oversight 

• Role of executive management
• Relationship between the executive officer and board of directors
• Establishment of oversight and executive management by the board of directors
• Importance of hiring competent and qualified executive managers
• Boards establishment of goals for the chief executive officer
• Components of a chief executive officer jobs description
• Board evaluating and monitoring CEO performance

Module 6: Policy Development 

• Introduction to policy development
• Definition of policy
• Policy development steps
• Evaluation of policy
• Board-driven policies
• Management-driven policies
• Organizational-driven policies

Module 7: Corporate Oversight and Fiduciary Responsibilities 

• Overview of fiduciary board responsibility
• Legal responsibilities of the board
• Operational and Fiduciary financial responsibilities
• Risk management program
• ­ Board’s role in risk management

Module 8: Board Monitoring and Performance

• Performance monitoring
• Financial performance and board monitoring fundamentals
• Challenges against the board’s performance monitoring
• Focus areas deserving of monitoring
• Industry standards for monitoring

Module 9: Process of Strategic Planning

• What is the process of strategic planning?
• Strategic issues
• Choosing strategies
• Strategic planning and vital program results
• Developing a strategic plan
• Implementing Strategic plan