The board of directors is a fundamental element of corporations worldwide. Often, though, “best practices” for boards remain undeveloped, poorly implemented, and sometimes even subverted. This course delivers an intense two-day training seminar on the tools you will need to shape your board into a powerful, professional fiduciary. You will review the codes of governance best practice that have been developed by national, regional and global authorities. You will learn the elements of effective boards, including leadership, structure, membership, organization, legal duties, and building positive boardroom chemistry. Best of all, Mr. Ward chairs “virtual board” meetings with your class, as you join to work out solutions to actual governance problems that face real boards of directors.
Who Should Attend
• Investors and venture funds
• Chief executives and company presidents
• Current and prospective board members
• Company secretaries
• Family business owners
• Board chairmen
• Company legal and compliance executives
• Audit and finance executives
• NGO and government executives
What You Will Learn
• Tools to help you as a director meet your fiduciary responsibilities for oversight of risk… for controls… for investors.
• Craft excellent board meetings, agendas, discussions, procedure and scheduling that help your board do a better job of governance, with less time and effort.
• How effective boards build effective relationships with management, auditors, regulators, shareholders, etc.
• Build powerful, smooth-running board leadership, committees and information systems.
• Sort out tricky, “behind boardroom doors” challenges (founding family matters, government directives, boardroom battles, poor leadership, factions, self-dealing, company crises and non-contributing members).
• Best practice board risk management, strategic planning, succession, M&A, government relations, etc.
Day 1
Session 1: How boards got that way, and why they matter
• Major global governance standards (OECD, World Bank, ICGN, SEBI) -- what roles do they lay out for a board and its members?
• How recent SEBI changes are changing what boards must do.
• What “director independence” really means.
• Why is there such a gap between “best practices” and boardroom reality?
Session 2: Elements of the effective board
• What are the five “must haves” that make a board effective?
• Board committees - what they should (and shouldn’t) do.
• Why more board work is shifting to committees.
• Case study - How our company reinvented its boardroom.
Session 3: The structure and workings of an effective board
• Planning and scheduling board workflow.
• Power board agendas and calendars - plus a few tricks and tips.
• Board info flow - inform them without drowning them.
• Building strong board relationships with the CEO, CFO, company counsel, etc.
• Case study - When succession doesn’t succeed.
Session 4: Board leadership that works
• Secrets for power board meetings..
• Who is your board’s real leader?
• How best-practice board leaders get things done.
• Specifics of committee leadership.
• Effective succession planning.
Day 2
Session 5: Evaluating your board and CEO
• A step-by step board evaluation plan.
• Avoiding board evaluation failures.
• Making individual director evaluation work.
• CEO evaluation tools and pitfalls.
Session 6: Board tools for setting strategy and oversight.
• How does a board shape solid strategic discussions with management?
• Building corporate controls that put the board in charge.
• Risk management - how smart boards avoid surprises
• The risk exposures your board is missing.
• India boards and cybercrime defenses.
Session 7: Special boards, special cases - SOEs, family business, etc.
• Governance for the state-owned and parastatal company - raising the standards.
• Smart governance upgrades for the family firm.
• Board ideas for joint ventures and subsidiaries.
• Case study - The founder who can’t let go.
Session 8: Flashpoints!
• What are the top causes of boardroom conflicts (and how do we defuse them)?
• “Conflicts” of interest - how do boards protect themselves from the dangers?
• Board investigations - navigating the danger zone.
• Case study - the boardroom crisis strikes!
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
Taj Lands End, Mumbai
Date: 6-7 October, 2016
Taj Lands End, Mumbai,
Byramji Jeejeebhoy Road, Band Stand, Bandra West,
Mumbai, Maharashtra 400050
Drop us a line and we will call you.
