Corporate Governance Training: New Trends in Corporate Governance
“Corporate governance is the system by which companies are directed and controlled.” (Cadbury report, 1992)
“Whilst Management processes have been widely explored relatively little attention has been paid to the processes by which companies are governed. If management is about running businesses, governance is about seeing that it is run properly. All companies/organisations need governing as well as managing (Professor Bob Tricker, 1984).
- To diminish the growing numbers of corporate failures
- To perceive the lack of accountability of executives
- To understand the lack of social conscience in the capitalist system
- To take note of the serious delivery failures in government
- To appreciate the need to supplement laws with a “moral imperative”
- The need to improve South Africa’s image in the eyes of the western world
Module 1: Foundation Concepts
- Objectives of new code
- Definition of corporate governance
- Philosophies of Encapsulated in the new code
Module 2: Content Elements and Development
- Overview of the parts of the Report
- Code elements
- Sector supplements
Module 3: Application of the New Code
- Legal status of the new code
- Scope of the application
- Appropriate application and adaption of practices
- Disclosure on application
- Transition from the previous to the new code
Module 4: Leadership, Ethics and Corporate Citizenship
- Ethical leadership
- Organisation values, ethics and culture
- Responsible and disclosure
Module 5: Performance and Reporting
- Strategy, implementation, performance
- Reports and disclosure
Module 6: Governing Structures and Delegation
- Role of the governing body
- Composition of the governing body
- committees of the governing body
- Delegation to management
- Performance evaluations
Module 7: Governance Functional Areas
- Risk and opportunity
- Technology and information governance
- Compliance governance
- Remuneration governance
Module 8: Stakeholder Relationships
Module 9: Leadership, Ethics and a Culture of Accountability
- Why ethics matter
- Trends in business ethics and the new world of business
- Who is accountable in a network society?
- Creating a culture of collaborative accountability
To obtain an understanding of the process and importance of corporate governance not only to commercial organisations but all organisations (non-profit, government and community organisations). Leaders and potential leaders will understand their responsibility toward the organisations. The course will also provide insight into an international perspective of corporate governance.
*Number of days can be customised and adjusted for in-house programmes.*
- The course is offered in-house and can be custom made to include specific examples and exercises based on the organisation’s activities.
- The course is wholly interactive combining theory with role play, team exercises and group interaction.
- Evaluation happens through participation and group discussion
Who should attend:
- Company directors especially newly appointed
- Executive management including senior management
- Risk practitioners
- All people in decision making positions
- Government agency management
- Non-profit organisations leadership
- Community leaders
Previous Course Feedback:
- Very good – if possible, all Managers should attend.
- The course is informative and well structured. Excellent.
- Very well structured, well informed facilitator with practical examples.
- Value for money.