Executive Skills for Board Members in Challenging Times

Overview

This programme offers an ideal opportunity to strengthen your understanding of the director’s role and how to serve the firm more effectively.
Directors today play a vital leadership role. A Director’s activities can be diverse, including oversight of the firm, performance reviews, budget and salary approval, managing relations with a growing stakeholder base, and playing a role in the M&A process. Today, directors must also consider a host of emerging challenges that impact the firm and its customers. Sustainability, globalisation, and evolving business models in response to digital technologies are just a few of the challenges.
 
Next Course Starts On 28 Nov 2019 (Thu) See Full Schedule
Fee
SGD3424.00
* Learn more
Duration

2-3 days per module

Level
Advanced
Venue

Singapore Management University

Programme Partner
In partnership with the Singapore Institute of Directors (SID), this unique six-module directorship programme provides a 360-degree board-level view of key strategic areas and issues faced by company directors.
 
 
Learning Objectives
By the end of the programme your key takeaways will include the following.
  • Increased understanding of the role of company directors
  • Practical frameworks and strategies to effectively manage the critical issues around risk management, CSR, C-level succession planning and compensation, and more
  • Overview and development of key frameworks for legal issues and prudent strategies to help boards navigate in today's litigious environment
  • Soft skills development for managing relations and challenging discussions between board members.

Topics/Structure

Module 1: The Role of Directors: Duties, Responsibilities and Legal Obligations

Course Objectives:
1. Explain the structure and operations of the board.
2. Describe the role and duties of directors on a board, and directors' inter- relationships.
3. Explain the consequences of a breach of director obligations.

Start Date(s):
7-9 January 2020 OR 7-9 April 2020 


Module 2: Assessing Strategic Performance: The Board Level View

Course Objectives:
1. Identify the nuances and practicalities as well as apply the techniques of valuation of companies.
2. Describe the key issues arising out of execution of mergers and acquisitions in order to ensure that value is created.
3. Understand the key impacts and considerations of digital disruption on organisations.
4. Identify situations where digital transformation can be a benefit and a threat.
5. Employ culture and leadership to drive passion and productivity.
6. Understand and employ behavioural design in global growth.

Start Date(s):
19-21 February 2020 OR 13-15 May 2020


Module 3: Finance for Directors

Course Objectives:
1. Explain company accounts and how to evaluate the financial health of companies using accepted methods in financial statement analyses.
2. Understand how to evaluate and make rational financial decisions.
3. Provide knowledge of the different sources of funds for a company.
4. Discuss dividend decisions and policies.
5. Explain how various actions will impact shareholder value.

Start Date(s):
25-27 March 2020 OR 1-3 July 2020


Module 4: Risk and Crisis Management

Course Objectives:
1. Develop strategies to anticipate and prevent crises from occurring.
2. Deal effectively with crises as and when they do occur.
3. Implement contingency plans to cope.
4. Institute recovery measures to re-build image, reputation and regain the confidence of key stakeholders.

Start Date(s):
27-28 August 2020 


Module 5: Strategic Corporate Social Responsibility (CSR) and Business Valuation

Course Objectives:
1. Explain strategic CSR and its impact on business value.
2. Describe the CSR landscape in Singapore.
3. Outline the requirements of corporate social reporting.
4. Provide an understanding on how to integrate CSR into a company’s core business objectives in order to create business value and achieve positive social and environmental impact on Investor Relations.
5. Understand how business valuation is carried out through the application of the various valuation approaches/methods commonly used by business valuers.
6. Understand business valuation for financial reporting in the context of fair value measurement, in particular, the purchase price allocation process, valuation of identifiable intangible assets and impairment testing.
7. Learn about the structure and the essential components of the valuation report as prepared by the business valuers for communication to relevant stakeholders.

Start Date(s):
31 October-1 November 2019


Module 6: Effective Succession Planning and Compensation Decisions

Course Objectives: 
Succession Planning

1. Provide an understanding of how to design a succession planning programme to ensure continuity of talent in key C-suite positions.
2. Share approach to define the need for these key leadership roles and identify which employees should be developed to fill these positions in the future.

Compensation
1. Provide insight on how to develop effective compensation plans that are closely linked to a company’s talent strategy and aligned with its goal of creating shareholder value.
2. Outline the different methods by which CEO and top executive compensation is benchmarked and measured.

Start Date(s):
28-29 November 2019

Session Full

For further information, please contact davidlimbp@smu.edu.sg


The modules can be taken non-sequentially, providing scheduling flexibility.

Who Should Attend

Aspiring, newly-appointed and current board members, senior management of corporations, government and non-profit organisations and senior partners of professional firms who interact with the boards of corporations and would like to understand the intricacies of board roles and responsibilities.

Assessment

An Executive Certificate in Directorship* will be awarded upon successful completion of module 1 to 3.
An Executive Diploma in Directorship* will be awarded upon successful completion of module 1 to 6.
Graduates from the Programme may be admitted to SMU’s Executive Development Alumni Association.

*For participants who choose to attend the seminars and not complete the associated post module assignments, they only be given Certificate of Attendance for each module

DELIVERY METHODOLOGY

  • Interactive classroom lectures
  • Taught by leading faculty and senior industry practitioners
  • Regional and global case studies
  • Discussions and exchanges
  • Incorporating guest speakers into the classroom experience

Fees and Funding

Module 1–3
SID members:
SGD 2,996* per module
SGD 8,560* for all 3 modules 
 
Non-SID members: 
SGD 3,424* per module 
SGD 9,844* for all 3 modules
 
Module 1–6
SID Member:
SGD 14,766* for all 6 modules
Module 4–6
SID members:
SGD 2,140* per module
SGD 6,206* for all 3 modules 
 
Non-SID members: 
SGD 2,568* per module 
SGD 7,490* for all 3 modules
 
 
Non-SID Member:
SGD 17,334* for all 6 modules


* Fee is subject to change. GST applies to individuals and Singapore-registered companies.
* SkillsFuture Credit can be used for this programme. Please click here for more details. Eligible for Singapore Citizens aged 25 and above.

Schedule

Start Date(s)
Intake Information

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