Course Objectives:
• Understand the roles, responsibilities, and legal duties of board members and corporate directors
• Learn effective strategies for corporate governance and oversight
• Develop skills in financial analysis, risk management, and strategic decision-making
• Explore best practices in board composition, structure, and processes
• Gain insights into ethical considerations and conflict resolution in the boardroom
Course Content:
Introduction to Corporate Governance
• Overview of corporate governance principles and frameworks
• The role of the board in corporate governance
Duties and Responsibilities of Board Members
• Fiduciary duties: duty of care, duty of loyalty, and duty of obedience
• Legal and regulatory requirements for board members
• Oversight responsibilities in financial reporting, risk management, and compliance
Board Composition and Structure
• Board size, diversity, and independence
• Board committees and their roles
• Director selection, orientation, and continuing education
Board Processes and Dynamics
• Board meeting management and decision-making
• Information flow and communication between the board and management
• Conflict resolution and managing disagreements
Financial Oversight and Analysis
• Understanding financial statements and key financial ratios
• Analyzing financial performance and trends
• Budgeting, capital allocation, and investment decisions
Risk Management and Oversight
• Identifying and assessing strategic, operational, and compliance risks
• Developing risk mitigation strategies and contingency plans
• Monitoring and reporting on risk management efforts
Strategic Planning and Decision-Making
• Aligning the board’s role with the company’s strategic objectives
• Evaluating and approving strategic plans and initiatives
• Monitoring strategy implementation and performance
Ethical Considerations and Governance Challenges
• Promoting ethical behavior and corporate social responsibility
• Managing conflicts of interest and related-party transactions
• Addressing shareholder concerns and activist investors
Board Evaluation and Continuous Improvement
• Assessing board and individual director performance
• Identifying areas for improvement and professional development
• Implementing best practices for board effectiveness
METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 22nd – 25th Apr,, 2025
2ND BATCH: 29th July – 1st Aug, 2025
3RD BATCH: 2nd – 5th Dec, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos