Governance Excellence

Elevating Board Collaboration

What you'll learn

Identify governance practices that make your Board of Directors another point of competitive advantage for your organization.

For executives, learn to engage and enable your Board of Directors as a Braintrust to improve decision making and strategic direction

For directors, learn techniques that facilitate a cooperative and productive engagement with management

Identify and apply four board leadership practices that improve the effectiveness of the governance system

Identify the role of director in strategic management and risk oversight discussions

Requirements

Familiarity with governance systems and the Board of Directors

Description

This course explores the board practices and leadership roles that cultivate a more effective and more engaged Board of Directors. Many organizations have a Board of Directors appointed by a group of stakeholders to represent the collective or specific interests; however, a common challenge is making the Board of Directors an asset of the organization and not extra expense. A highly effective Board of Directors can be another point of competitive advantage for an organization to help it stand out amongst its peers.In this course, you will learn about four co‑operative board leadership roles that are shared between executives and directors and are essential for achieving governance excellence. We will explore how these roles contribute to stronger decision-making, improved accountability, and a more effective board‑management dynamic. The course will apply these four leadership roles in two critical contexts that all boards encounter: strategic management and risk oversight. These areas will highlight opportunities for management teams to engage more effectively with their boards, drawing on the expertise and experience of directors to strengthen organizational outcomes. At the same time, participants in a director role will gain practical ideas for working with management in a way that both fulfills their fiduciary responsibilities and adds meaningful insight to guide the organization’s direction.

Overview

Section 1: The Board of Directors and Leadership Roles

Lecture 1 Establishing a Governance System

Lecture 2 The Four Board Leadership Roles

Lecture 3 The Leadership Role of the RECRUITER

Lecture 4 The Leadership Role of the CONDUCTOR

Section 2: The Board of Directors and Risk Management

Lecture 5 The Board's Role in Risk Management

Lecture 6 Adopting and Promoting a Risk Mindset

Lecture 7 Board's Role in Risk Identification

Lecture 8 Board's Role in Risk Assessment

Lecture 9 Board's Role in Risk Mitigation and the Leadership Role of the INFORMER

Lecture 10 Board's Evaluation of Risk Management Practices

Section 3: The Board of Directors and Strategic Management

Lecture 11 Board's Role in Strategic Management

Lecture 12 Board's Role During Situational Assessment

Lecture 13 Board's Role in Approving Strategic Decisions

Lecture 14 Board's Role in Strategic Oversight

Lecture 15 The Leadership Role of the FACILITATOR

Section 4: Course Completion Activities

Lecture 16 Course Conclusion

Serving on a Board of Directors or an executive reporting to a Board of Directors