In the SAI360-sponsored governance handbook, Director Education and Training: How to Prepare Boards for What's Next, you'll hear from governance experts and board members about the key elements of their job supporting boards. Professional advice is available. It provides actionable steps and best practices for corporate secretaries looking to design and adapt training programs to help boards do their jobs well and contribute to the prosperity of their companies.
Download the Governance Handbook: Director Education and Training: How to Prepare Your Board for Future Developments Here >>
Main findings
- Education and training are essential for boards of directors to fulfill their responsibilities to oversee the company and protect long-term shareholder value. Failure to provide effective education can cause serious problems for your organization.
- In early 2024, governance experts will report on a wide range of topics driving demand for board education. These include disclosures regarding cybersecurity, climate change, and human capital management. AI risks and opportunities. Expressing corporate positions on social and political issues, especially in a US election year. and proactive activities of shareholders.
- When setting the education agenda, the corporate secretary asks questions of directors, looks for issues on which board members appear to be unsure, and stays informed about emerging issues and resources, such as external speakers, to ensure that the board You need to figure out what you want and need. Online training, podcasts, conferences, and webinars.
- Directors should receive annual reminders of their core duties and responsibilities, as well as special events such as emerging issues or major M&A transactions.
- Technology is especially helpful for directors who want to attend training independently on their own schedule by allowing them to attend short, customized sessions.
Download the Governance Handbook: Director Education and Training: How to Prepare Your Board for Future Developments Here >>
