Participants are presented with contemporary issues and challenges that boards in the GCC are faced with and, through discussions and pragmatic experience-sharing, faculty and participants share potential solutions, tools and best practices. Click here to enquire on upcoming workshops.
The workshop covers six modules:
1- Board Composition and Director Capabilities
This module examines and promotes discussion about the evolution of boards, especially as traced in Europe over the last 8-10 years, subsequently suggesting putting this into the context of the GCC and anticipating board evolution in the immediate region and drawing implications for the topic of director selection.
2- Director Roles and Accountabilities
This module focuses on the roles typically expected of directors (both collectively and individually) and the duties, obligations and liabilities that they face both at a general level and in specific scenarios
3- Board structure, processes and protocols
This module includes discussion on board structure and composition, board meetings, general assemblies, shareholder representation, confidentiality and disclosure. In addition, this module examines barriers to implementing best practice in the region and how those barriers might be overcome.
4- Delivery on Roles of the Board
This module explores the core roles of the board (including areas such as corporate strategy, risk management, performance management, executive development and succession planning). Particular focus is on the division of roles between the board and management and how that division can be achieved.
5- Effective Board Dynamics
This module explores how boards can improve the effectiveness of their interactions – both in the boardroom and outside – and includes breakouts for smaller groups of board members to discuss both the ineffective and effective behaviors they have witnessed, along with thinking through mechanisms to improve the balance.
6- Board Evaluation and Renewal
This module addresses two topics, first how boards have successfully reviewed their overall performance as a basis for becoming more effective, and second how they have affected larger-scale succession. The first session on Board Review covers information on trends in the conduct of these reviews; prevalence; rationale; leadership and conduct of the review; the dynamics of launching the review process and then building on it. The second session on Board Succession illustrates three routes that companies have used to build new world-class boards and discusses a number of inspirational journeys that companies have taken to renew or realign the board, with dramatic impact on corporate performance.
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