The Role of the Director and the Board

Course Information

  • the date

24/03/2025

  • Duration

5 days

  • The city

London

  • Cost
  • Type

in-house

Course details

In today’s fast-paced corporate landscape, strong governance and effective board leadership are essential for maintaining transparency, accountability, and long-term business success. The role of a Director and the Board goes beyond compliance; it involves strategic decision-making, risk oversight, and stakeholder management to ensure organizational sustainability.

The role of the director and the board training course provides a structured approach to understanding corporate governance frameworks, statutory responsibilities, and best practices in board leadership.

Participants will explore key governance principles, including board structures, director liabilities, corporate risk management, and stakeholder engagement strategies. Through real-world case studies and interactive discussions, attendees will gain practical insights into boardroom dynamics, ethical leadership, and legal compliance.

By the end of this program, professionals will be equipped with the knowledge and skills needed to enhance board effectiveness, navigate corporate challenges, and implement governance strategies that drive business resilience and growth.

By the end of the Role of the Director and the Board course, participants will be able to:

Understand the fundamental role of the Board and Directors in corporate governance, strategic leadership, and business oversight.

Apply key principles of corporate governance, including transparency, accountability, and ethical leadership, to enhance board effectiveness.

Distinguish between the statutory duties, fiduciary responsibilities, and legal obligations of Company Directors under the Companies Act 2006 and other relevant regulations.

Develop best practices for board decision-making, delegation of authority, and the establishment of effective board committees.

Strengthen stakeholder management strategies, ensuring alignment between corporate governance, business strategy, and shareholder interests.

Implement risk management frameworks to identify, assess, and mitigate corporate risks, ensuring long-term business resilience.

Navigate legal and regulatory challenges in corporate governance, financial reporting, and compliance to minimize liabilities and enhance operational integrity.

Enhance leadership and strategic planning capabilities, fostering a high-performing board culture that drives corporate success.

This Role of the Director and the Board training course is designed for professionals who are responsible for corporate governance, board leadership, and strategic decision-making. It is ideal for:

Board Members and Directors

C-suite Executives (CEOs, CFOs, COOs, and CIOs).

Aspiring and Newly Appointed Directors.

Company Secretaries and Legal Advisors supporting corporate governance, compliance, and board functions.

Corporate Governance and Compliance Officers.

Investors and Shareholders who seek insight into corporate decision-making, director duties, and risk oversight.

Senior Managers and Business Owners.

Course outline

Corporate Governance and the Board’s Role

Definition and importance of corporate governance

Describing the role of Company Directors and Board in corporate governance

Discussing key corporate governance codes, frameworks, and best practices

Addressing legal and regulatory challenges in corporate governance and the need for robust internal processes and systems

Guidelines for developing, communicating, and monitoring the internal processes and controls in corporate governance

Strategies for managing risk and compliance in corporate governance and the importance of auditing

Power, Liabilities, and Statutory Responsibilities of Directors and the Board

Definition of a Director, different types of Directors, and their functions and duties

Explaining the purpose and use of Director Service Agreements and remuneration

Describing the structure and role of the Board and committees

Recognizing the difference between delegated powers and matters reserved for the board, and when each is used

Key elements of an effective Board: Purpose, policies, and evaluation

Discussing legal liabilities and accountabilities of Company Directors (e.g. liabilities for mismanagement, wrongful trading, and breach of fiduciary duties)

Directors and Corporate Stakeholders

Understanding who the Corporate Stakeholders are and their impact on the business

Tools and techniques for mapping stakeholders and their influence

Understanding the principles and techniques of strategic stakeholder management

Key communication strategies and processes with corporate stakeholders

Exploring stakeholder conflict resolution techniques

Methods for monitoring and reporting stakeholder relationships to ensure alignment with business objectives

stakeholders

Strategic stakeholder management

Developing and implementing the action plan

Communicating with stakeholders: Strategy and progress

Managing stakeholder conflict

Legislation for Directors and Corporate Liability

Overview of the regulatory and legal framework governing business operations

Reviewing legislation related to workplace health and safety, employment, and competition

Understanding corporate solvency and wrongful trading laws

Analyzing the implications of the Companies Act 2006 on Company Directors, the Board, and the Business

Discussing international governance frameworks and EU directives

Understanding corporate liability and personal accountability of company stakeholders

Exploring legal reporting and disclosure requirements in different companies

Corporate Risk Management

Definition of corporate risk and its impact on business success

Techniques and tools for identifying and assessing corporate risk

Understanding the risk management framework and how to implement effective risk management strategies

Understanding risk appetite and culture

Discussing the role of the audit and risk committee in the risk management process

Key steps involved in business continuity planning and crisis management

Techniques for monitoring, reporting, and improving risk governance

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