Programme Partner
This programme offers an ideal opportunity to strengthen your understanding of the director’s role and how to serve the firm more effectively.
Module 1
Module 1: The Role Of Directors: Duties, Responsibilities And Legal Obligations.
Module 2
Module 2: Assessing Strategic Performance: The Board Level View
Module 3
Module 3: Finance for Directors
Module 4
Module 4: Risk Management and Cybersecurity Governance
Module 5
Module 5: Governing Sustainability
Module 6
Module 6: Effective Succession Planning and Compensation Decisions
Overview
This programme offers an ideal opportunity to strengthen your understanding of the director’s role and how to serve the firm more effectively.
In Singaporean law, the board of directors is held to be ultimately responsible for virtually every aspect of their company’s activities. However, it is impractical and undesirable for a board to attempt to supervise minutia associated with the company’s operations. Thus, boards need to think carefully about their roles and functions and not meekly accept management agendas. The role of the company director continues to be shaped by a multitude of forces including economic uncertainty, larger and more complex organizations, the increasing pace of technological innovation and a more rigorous regulatory environment. At the same time there is more onus on directors to operate transparently and be more accountable for their actions and decisions. We aim through the diploma and certificate course to provide participants with an appropriate knowledge and skills to enable them to contribute as effective directors.
- Next Course Starts On 26 Jun 2024 (Wed)See Full Schedule
- Fee Learn More
- Duration2-3 days per module
- LevelAdvanced
- VenueSingapore Management University
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 Objectives:
- Explain the structure, operations and responsibilities of stakeholders and of the board.
- Describe the role and duties of directors on a board, and directors' inter- relationships.
- Understand the contents of the Company Act and SGX listing regulation as it applied to Board directors and how directors can fall foul of this legislation.
- Explain the consequences of a breach of director obligations.
- Detailed cases for discussion and application
Start Date(s):
Run 2: 6 – 8 May 2024 (Wed to Fri) - FULL
Run 3: 14 - 16 Aug 2024 (Wed to Fri) - FULL
Please contact Desmond Ng at desmondngjj@smu.edu.sg for more information.
Module Objectives:
- What is the role of Strategy within the Board and the Board’s responsibility in oversight of company strategy.
- Understand both organic and inorganic pathways to value growth
- How can the Board assist in promoting growth and what growth is beneficial to stakeholders.
- How can the board better structure discussions to reach beneficial strategic outcomes, avoiding common decision biases, and positively challenge management.
- How to influence and persuade to achieve desired strategic outcomes.
- Detailed cases to understand the role of Directors in charting strategy inside the Board and in conjunction with Management.
Start Date(s):
Run 2: 26 – 28 June 2024 (Wed to Fri) - FULL
Run 3: 23 - 25 Sep 2024 (Mon to Wed)
Please contact Desmond Ng at desmondngjj@smu.edu.sg for more information.
Module Objectives:
- How to evaluate the financial health of companies using accepted methods in financial statement analyses. What are critical financial performance measures.
- Understand how to evaluate and make rational financial decisions.
- Provide knowledge of the different sources of funds for a company and to understand dividend decisions and policies
- Does the company have an adequate, effective and efficient integrated assurance framework within the wider system of internal control?
- Explain how various actions and alignment or misalignment will impact long-term shareholder and stakeholder value.
- Ensure appropriate effective investment decisions
- Detailed cases to understand the financial implications of Board decisions and whether these are aligned with company strategy.
Start Date(s):
Run 2: 29 – 31 July 2024 (Mon to Wed) - FULL
Run 3: 14 - 16 Oct 2024 (Mon to Wed)
Please contact Desmond Ng at desmondngjj@smu.edu.sg for further information.
Module Objectives:
- Understand the various lines of defense to ensure effective controls within the firm.
- Identify early warning systems in place to alert the Board and senior management to emerging risks and assist developing strategies to anticipate and prevent crises from occurring.
- Appreciate if the right risks being identified, assessed and managed- with a focus on quality over quantity.
- Understand risk appetite/ tolerance levels set for the company and the impact of this on strategy.
- Appreciate the level of oversight of crisis management and business continuity.
- Establish the appropriate ‘tone at the top’ to reinforce and promote a risk aware culture.
- Efficiently leverage cybersecurity to ensure business continuity and resilience
Start Date(s):
12 – 13 September 2024 (Thur to Fri)
Please contact Desmond Ng at desmondngjj@smu.edu.sg for further information.
Module Objectives:
- Understand how ESG expands your fiduciary and accountability duties in your role as steward of your company’s long-term success.
- Ensure that the corporation can explain to its stakeholders what role it is playing in addressing societal and environmental challenges.
- Understand how sustainable business practices result in improved financial performance for corporations.
- Identify and prioritize ESG risks and opportunities and associated management KPIs.
- Be ready to lead conversations and ask the right questions in and out of the boardroom by acquiring deeper ESG literacy.
- Oversee how sustainability is taken into consideration in culture, processes and talent management.
Start Date(s):
2024 Schedule:
28 – 29 October 2024 (Mon to Tue) / 29 - 30 October 2024 (Tue to Wed)
Please contact Desmond Ng at desmondngjj@smu.edu.sg for further information.
Module Objectives:
- Understand the roles and responsibilities of, and differences between, the Nominating and Remuneration committees.
- Provide an understanding of how to design a succession planning programme to ensure continuity of talent in key C-suite positions and of the Chairman and within the Board itself.
- 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.
- Ascertain robust processes for evaluation of Chairman, Board and C-suite to ensure a wide range of competencies and experience to effectively deal with the opportunities and issues the company faces
- 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.
- Outline the different methods by which CEO and top executive compensation is benchmarked and measured.
- Assess Board reward / risks equation and assess how these risks be dealt with (eg D&O insurance)
- Discussion of situations and cases relating to the Nomination and Renumeration committees
Start Date(s):
2024 Schedule:
21 – 22 November 2024 (Thur to Fri)
Please contact Desmond Ng at desmondngjj@smu.edu.sg for further information.
Module 4
Risk Management & Cybersecurity Governance
Next course starts on: (See complete schedule)
Overview
The Board has ultimate responsibility for managing risks. The Board should determine the company’s levels of risk tolerance and risk policies, and advise management in the design, implementation and monitoring of the risk management and internal control systems intended to avert crises. Consequently, the Board must work with management in dealing with unpredictable events which may lead to crisis. Of particular importance in our digital world, cybersecurity is now a core component of risk management.
You can choose to take this module only. Learn more
Module 5
Governing Sustainability
Next course starts on: (See complete schedule)
Overview
As a steward of your company's long-term success, it's critical to understand how ESG expands your reporting, fiduciary and accountability duties. By incorporating ESG considerations into your decision-making processes as a board director, you can ensure that your corporation can not only develop sustainable business practices but also explain to its stakeholders what role it is playing in addressing societal and environmental challenges.
You can choose to take this module only. Learn more
Module 6
Effective Succession Planning and Compensation Decisions
Next course starts on: (See complete schedule)
Overview
It is imperative for companies to consider adopting a process for the search, selection, nomination and appointment of directors to the Board so that the company is headed by an effective Board to lead and control the company for sustainable success. Additionally, most Boards would agree that one of their most important HR roles is hiring and possibly firing the CEO. After all, the CEO is responsible for the day-to-day operations of the organisation and is instrumental in the development and delivery of corporate outcomes. But, how far should Board oversight extend into the organization?
You can choose to take this module only. Learn more
