Certificate in Board Directorship -Module 3- The Effective Board

Overview

This part of "The World of Directorship - Certificate in Board Directorship" explores the role of the board in formulating and implementing strategy and managing enterprise risk. The course includes the evaluation of the executive directors' performance as well as business ethics.

The topics that this module will cover include:

Strategy

• The board's role in the governance of a company's strategy
• Strategy formulation, development and decision making
• to include: purpose, vision, values and culture, business environment and strategic analysis, strategic decision making
• Evaluating strategy delivery to include: key performance indicators and organisational performance benchmarking

Risk

• The nature of risk and the board's role in risk management
• Risk appetite and risk tolerance
• Identification of risks to include IT security
• Risk assessment mapping and risk response and monitoring
• Disaster recovery and business continuity planning

Remuneration

• Remuneration policy
• Evaluating executive directors' performance and determining executive directors' remuneration
• Remuneration committee best practices
• Remuneration disclosure

Ethics

• The contents of a code of ethics
• Monitoring ethical practices

Workshop Details:

Date: 16-17 June 2025

Time:

• 8:30am - 5:30pm (KSA Time)
• 9:30am-6:30pm (UAE Time)

Format: Classroom workshop, Riyadh, KSA

Who should attend?

This workshop is designed to meet the development needs of existing, new and aspiring members of Boards of Directors and Board Committees, as well as the needs of advisors and senior executives who report to the board or board committees .

Participants are required to currently hold or recently (within the preceding 3 years) have held either a director seat or a senior management position within an organization; and have basic English literacy.

Workshop fees

Price per person for two day workshop:

• Non-Member: USD 4,520
• Ordinary: USD 4,300
• Member: USD 3,990
• Fellow: USD 3,470

Rates above are exclusive of VAT and any WHT and effective as at 7 December 2023; the fees include the cost of first refresher course and examination

Special rates are available for companies wishing to purchase multiple seats - please ask us for more information.

The Workshop of Directorship

This workshop is one of 4 modules which together form "The World of Directorship Certificate in Board Directorship". This programme encompasses the core knowledge and awareness that is necessary to function effectively as a director and covers:

• An in-depth view of the role, responsibilities and legal duties of an effective director;
• An understanding of the characteristics of an effective board and board roles;
• The issues and processes associated with formulating strategic and business plans and achieving strategic leadership. Sound knowledge of accounting, financial and risk terms and concepts; and
• An in-depth perspective of the accounting, finance, control and corporate reporting functions.