Overview

Register here Corporate Governance, the set of elements (rules, regulations, legislations and principles) that help a firm operate, has more or less been well defined and structured in the private sector; however, corporate governance in the organisation has recently been gaining attention because of the scope and impact of organisational service delivery. Corporate governance knowledge is important to ensure efficiency and quality of organisational service, which determines the quality of life. Corporate governance is important for small companies to scale up and for large ones to garner the interests of investors. This course is tailored after the several country codes of corporate governance, industry regulatory requirement on corporate governance; international best practices and standards like: ISO 19600 Compliance management; ISO 37000 guidance on corporate governance; ISO 37001 Anti-bribery Management System and other anti-corruption best practices. The course would give the professional the required insight, skills, environment, and platform to successfully execute a strategy, develop and attract talent to the organisation for sustenance and enhance the firm’s value, thereby reducing financial risks and increasing shareholder returns. Course Objectives: The primary objective of this course is to empower corporate professionals with:

An in-depth understanding of Corporate Governance in Organisation, including:
All spheres of management – action plans, internal controls as policies and procedures to protect against fraud and misconduct, performance management for quality delivery, disclosures for transparency and for building trust and credibility, etc.
The necessity of proper corporate governance in the organisation
Knowledge of how to balance between financial optimisation, shareholder resolution, and well-being and organisational quality of life
Exposure and experience to manage the shift from old administration methods to new corporate techniques and best practices
Perspective to devise and implement strategies for long-term success and sustainability
Comprehension of the essentials to build an effective structural framework for accountability and ownership among stakeholders
Experience and perspective to better manage conflict
Well-defined, clear succession plan and growth path
Security against risks of fraud and corruption
Increased financial stability

Outcome Participants will be able to

Improve relations with investors and prospective investors because of the board members’ in-depth understanding of corporate governance.
Improve transparency and integrity of information among and from all stakeholders.
Develop better strategies towards the achievement of organisational objectives.
Shift from a mere compliance mentality to a strategic, well-suited approach to defining processes and systems.
Identify and implement best practices of other successful Boards
Promote a positive and ambitious Board culture
Mitigate risks and unethical practices

Who should Attend?

Directors, Board Members, Chief Financial Officers and other members constituting the top management of an organisation
Shareholders and investors who are part of or want to be part of a firm’s delivery and function
Human resource directors and professionals.
Legal professionals and Company Secretaries
Auditors and members of compliance unit

Course Outline The course will cover the following areas critical to efficient and optimal corporate governance in the organisational service industry: Corporate Governance in the Organisation

Corporate governance principles
Corporate Governance framework
Industrial codes of corporate governance
Regulatory requirements
IT Governance Requirements

Challenges of Corporate Governance

Ethical issues
Internal and external pressure
Risk management and mitigation
Inaccurate data reporting and disclosures

Planning corporate Governance

The context of the organization
Internal and External Issues
Stakeholder management
Regulatory Requirements
Corporate Governance Policies
Corporate Governance Risks Management
Corporate Governance Plan

Implementing Corporate Governance Leadership and independence

- Board role and responsibilities
- Governance Committees and Management
- Commitment to governance

Documents management

Policies, processes and procedures
Documents and Records Control process

Shareholders Management

Shareholder rights and duties
Managing the Directors and Chairman
Managing shareholders’ meetings

HR Management in Corporate Governance

Roles and Responsibilities in Corporate Governance
- Shareholder, Chairman, Chief Executive Officers, Employees, Auditors/Compliance agencies, HR professionals, Legal professionals
- Independence of compliance structure and organogram

Corporate and Remuneration structure
Succession planning, appointment process and training mechanism
Training, Awareness and Communications
- Training of new and existing board members
- Training of Compliance Team
- Regular Awareness Programmes

Compliance and control structure

Legal and other Regulatory Requirements

Understanding national and international regulations
Understanding sectoral codes of corporate governance
Managing organisational grievance redressal systems
Code of Business Conducts and Ethics
- Corporate culture
- Ethical Values and Standard
- Anti-bribery and anti-corruption policies
- Policies on insider trading and conflict of interest

Management of OHS, environmental and quality risk
Whistleblowing
Risks Controls Implementation and Reporting

Committees Management

Objectives of Committees
Appointment of Committees
Guidelines for committees’ independence and effectiveness

Monitoring and Reporting

Monitoring level of compliance
Data collection and data analysis
Data reporting
Auditing principles
Financial, governance and system audit processes
Internal and external audit roles
Auditing techniques and process
Audit programme

Improving Corporate Governance

Investigating Root Causes of Issues
Plan Corrective actions
Verifying and validating corrective action
Enforcing the implementation of corrective action

Duration: 5 days