| The Three Pillars of the Program |
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This program is structured to provide an in-depth and comprehensive understanding of board governance, tools to be an effective director, and practical guidance for obtaining directorships. The program culminates in a “board in crisis” case simulation, providing an opportunity to apply the knowledge gained. |
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I. Characteristics of the Most Effective Boards and Board Members |
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Understanding operations, roles, and structure |
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Exploring critical roles of directors in: |
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- Selecting, compensating, evaluating, and overseeing the CEO
- Strategy and change
- Mergers and acquisitions
- Crisis management
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Examining emerging governance challenges and trends |
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Maintaining ethical standards |
II. Making the Best Decisions |
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Gathering and analyzing information to be an effective contributor |
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Interpreting and assessing balance sheets,
income statements, cash-flow statements, notes,
and auditor reports |
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Deciphering “creative accounting”: revenue recognition, channel stuffing, inventory accounting problems, and account receivable issues |
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Synthesizing performance information and effectively
applying it to identify and anticipate problems
and shape solutions |
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Maximizing your contribution in meetings |
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Asking the right questions |
III. Making the Nominating Committee Radar Screen |
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Understanding what search firms and nominating committees are seeking |
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Building credibility, evaluating board opportunities,
and selecting the right boards to join |
