The Caribbean Governance Training Institute’s Chartered Director Program (C. Dir. Program) is an essential resource for Board Members of Caribbean organizations who want to grasp the nuances of Caribbean Organization governance.
Accordingly, our C. Dir. Program is a dynamic curriculum focusing on the modern 21st Century role that Caribbean Board members need to understand and play in driving and sustaining the success of their Caribbean Organisations. The program uniquely provides Caribbean Board members with the six key governance principles required for effectively executing their organisation’s strategy, developing senior talent, and enhancing their organisation’s performance over the long term.
Our Chartered Director Program is especially characterized by its candid, off-the-record discussions in a highly interactive forum with board members and senior C-suite executives who are leading Caribbean Organizations through major opportunities, and real-world challenges. Through this process, participants are acquainted with their governance options, leading edge strategies, the five major governance frameworks, and a myriad of best practices for making crucial Board decisions in an ever-changing environment.
An additional important outcome for our participants, however, is the development of a strong network of similarly trained peers. Once you have completed the program and “graduated”, you will have access to a large cadre of Caribbean organisation “governors” to whom you can turn for wise advice and counsel. You will do so because you know that, as fellow graduates, they share a similar understanding of the duties, roles, responsibilities and behaviours required to effectively confront contemporary governance issues.
Session 1 – THE PRINCIPLES OF GOOD GOVERNANCE
- The 12 Principles of Great Governance
- Governance versus management: what the critical differences are between direction and management.
- How do Boards achieve effective functioning in relation to management/staff?
- Five different governance “models”. How active should a Board be?
- What are the enemies and constraints to Board effectiveness?
- The 5 Reasons why Directors don’t do what is required of them
- What’s important to improving a Board’s decision making.
Session 2 – ROLES, RESPONSIBILITIES, ACCOUNTABILITIES AND CULTURE
- What are the roles, responsibilities and accountabilities of the Board Chair, Chairs of Board committees and Individual Board members?
- How can a Board doing a poor/OK job upgrade its performance?
- What are the essential characteristics of an appropriate Board culture?
- Legal duties and liabilities of the Board and Board members: The Basics
- Codes of Conduct & Best Practices
- How can Board members possibly be mindful of all of their duties and of the diligence they must exercise to discharge each of those duties effectively?
- Managing Relations between the Board and its Executive Director/CEO
Session 3 – THE ESSENTIALS OF “FINANCIAL OVERSIGHT”
- How does the Board provide "financial oversight"
- The role of the Audit Committee
- What is director "independence"?
- What constitutes "financial literacy"
- What are the most effective key performance indicators?
- The Board/Audit Committee relationship with the external auditor and the internal auditor
- Assessing financial risk
- Hot topics in "financial oversight"
Session 4 – DEVELOPING STRATEGIC THINKING VS. STRATEGICPLANNING
- The strategic leadership cycle
- How can the Board (with Management) establish a clear sense of purpose and future strategic direction?
- What constitutes a mission, a vision, strategic goals, strategic objectives/KPIs and strategic priorities?
- Introducing the "MVV Scorecard"
- What 'business(es)' should you really be in and which ones should you avoid?
- The #1 cause of organizational failure and how to overcome it.
Session 5 – RISK OVERSIGHT
- What is risk today?
- What is risk oversight?
- What is the Board’s Role in Risk management?
- What information do Board members need to ensure risks are identified and managed?
- Directors’ and Officers’ Insurance
Session 6 – SUCCESSIONPLANNING: GOOD BOARDS NEED GOOD DIRECTORS(& GOOD CEOS TOO)
- What is the link between governance and organizational performance?
- Overseeing the Board itself: Recommending Board governance policies, guidelines and procedures for better Board effectiveness.
- Building a Better Board: Recruiting, selecting, motivating and measuring the performance of directors
- 5 Toxic Directors to Avoid
- Why it’s important to conduct “Board assessments” and what is the best approach
- The Essentials of CEO Succession
Who should attend?
The Chartered Director Program is specifically designed for those who already are, or are about to become, members of the Board of Directors of a Caribbean Organization. Typical attendees to our Chartered Director Program include:
Register your interest here
- Board Members, Key Committee Chairs and Board Chairs of Caribbean Organisations
- Executive Directors and senior Caribbean Organization staff