Board Membership: Roles and Responsibilities

Learning Outcomes

At the end of this course, learners will be able to:

• Understand the principals of Corporate Governance
• Understand your duties and responsibilities as a Director
• Recognise what an effective Board looks like
• Know why good Governance matters
• Be equipped to navigate Board meetings competently

Course Content

• Setting the Context
  • The Challenges Facing Boards Today
  • The primary role of a Board
  • The principles of Corporate Governance
• Corporate Governance Failures
  • Causes of Goverance failure
  • How Governance changes as your business grows – and what happens when you don’t adapt to scale
• Director’s Responsibilities
  • Who are the Directors?
  • Director Engagement
  • How the boardroom has changed, and what directors need to know to build relationships
  • Non-Executive Directors
  • What to consider before accepting a Board position
  • Why would anyone become a director/trustee?
• Legal & Regulatory Compliance
  • The Director and the Law
  • Legislation and Regulations
  • Directors and Officers Liability Insurance
• Risk Management and Oversight
  • The Board’s role – Performance and Conformance
• Key components of an effective board
• Board Dynamics
  • Board structure and composition
  • Board diversity
  • Managing board boundaries
  • Culture and Ethics
• Dealing with Conflicts of Interest
• Key Principles for Effective Board Meetings

Who Should Attend?

Designed specifically for the hardware and building materials sector, this course is ideal for business owners, senior managers, and professionals who are currently serving on a board or preparing to step into a board role. It is ideal for those who want to clearly understand their duties as a director, strengthen their knowledge of good governance, and build the confidence needed to contribute effectively to board discussions and decision-making.

Methodology