Improving Board Effectiveness

The Board of Directors serves as the guiding force for the corporate entity, representing the interests of its members or shareholders. Primarily, their central role involves defining the organization's strategy, mission, vision, and values, all while ensuring adherence to corporate governance standards and legal requirements. Shareholders, with a vested interest in the success of their respective institutions, entrust the Board with the crucial responsibility of sustaining the company's viability and profitability. The Board of Directors is tasked with the duty of translating the corporate strategic vision into reality while consistently upholding oversight responsibilities.

Program Objectives

• Ensure that their Boards function optimally while translating the organizational vision to operational reality.
• Learn how to assimilate international prerequisites pertaining to board effectiveness into a contextual framework of localized objectives.
• Encapsulate board effectiveness in a definitive summary of the objectives of key organizational implementation plans.
• Study and practice how to deliver on all your organization’s relevant primary objectives consistently and constructively.
• Recognize how to spot and avoid common errors in current organizational strategy pertaining to board effectiveness.
• Acquire an understanding of the principles, procedure and protocol pertaining to Board effectiveness and interaction for your organization.
• Display knowledge and understanding of the main tenets of Board procedure.
• Identify and critically evaluate the main fields of ineffectiveness currently plaguing the Board in your organization.
• Understand the practical impact of sustaining Board effectiveness in your organization.

Modules

Module 1: Background And Introduction to Board Effectiveness Training

• How does the Board operate?
• Board of Directors’ functions
• Formulating a Vision, Mission, and Values
• Translating the vision into operational reality
• Compliance with Corporate Governance Prescripts and Legislation

Module 2: Setting Organizational Strategy

• Entrenching Mutually Consensual Shared Values (Case Study)
• Translating the vision
• Cultivating a Growth Strategy
• Identifying Growth Opportunities
• Specific Task Assignment: Are organizational values sustainable? Provide a comprehensive motivation in support thereof.
• Context
• The intercept between board oversight and operational reality – (Case Study)

Module 3: Improving Board Effectiveness

• Clarifying Differences between Board and Management
• The importance of Board Annual Self-Evaluations
• Improving Board Oversight
• Budgetary Implications
• Effective Boards guide Organizational Behaviour
• Competent Board Chairs Lead Board Effectiveness

Module 4: The Biggest Challenges to Board Effectiveness

• Risk Management and Oversight
• A Director’s Challenges
• Critical Governance Issues
• The Corporate Governance Code
• How to eliminate a shadow, Director?
• Director’s duties and responsibilities
• Disadvantages of Non-Executive Directors
• Guiding the Retention of Institutional Memory

Module 5: Entrenching Organizational Synergy

• Entrenching Innovative Value
• Shared Value System
• Guiding the entrenchment of Mutually Consensual Values
• Elevating the organizational vision
• Alignment with superordinate social objectives
• The Key Role of Youth

Module 6: Sustaining Board Effectiveness  

• Sustaining the value chain
• Extracting maximum value
• Entrenching Board and Staff interaction
• Help Walk the Talk
• Case Study: Resource deployment and operational effectiveness (An Integrated Approach)
• Analysing infrastructural deficit – Case Study

Certification

• Upon successful completion of the training, participants will be awarded Cynet East Africa Consultancy.

N/B

• Training will be facilitated by Cynet East Africa Consultancy seasoned trainers.