WORKSHOP ON DIRECTORS AND BOARD EVALUATION

3^th-5^th February, 2025                                7^th-9^th May, 2025

24^th-26^th September, 2025                        10^th-12^th November, 2025

Introduction

A typical course on Directors and Board Evaluation would cover the fundamentals of corporate governance, the roles and responsibilities of directors, and the process of evaluating board effectiveness. It would delve into the legal duties of directors, board structures, and how to translate vision into action. The course would also explore best practices for board evaluations, including different methodologies and techniques, and how to use the results to enhance board performance and organizational success. 

In essence, board evaluations are not just about assessing past performance but also about proactively shaping the future of the organization by enhancing governance, promoting continuous improvement, and building stakeholder trust

 Learning Objectives

At the end of this training Participants will understand how to

   Enhancing Board Effectiveness: Identify Strengths and Weaknesses; Improve Decision-Making; Optimize Board Composition; Refine Board Processes.

   Strengthening Governance Practices: Promote Accountability; Increase Transparency; Ensure Regulatory Compliance; Align Board with Strategy.

   Fostering Continuous Learning and Development: Identify Individual Development Needs; Promote a Culture of Learning; Stay Ahead of Industry Trends.

   Building Stakeholder Confidence: Demonstrate Commitment to Best Practices; Enhance Investor Confidence; Strengthen Relationships with Stakeholders.

Course Contents

1. Corporate Governance Fundamentals: 

• Understanding the principles of corporate governance and its importance.
• Exploring different corporate governance frameworks and structures.
• Examining the legal and regulatory landscape for directors.
• Focusing on ethics, corporate culture, and social responsibility.

2. Directors’ Roles and Responsibilities:

• Defining the roles and responsibilities of various board members (e.g., chair, executive directors, non-executive directors). 
• Understanding the legal duties of directors. 
• Exploring the dynamics within the board and with management. 

3. Board Evaluation Processes: 

• Introducing various board evaluation methodologies (e.g., self-assessments, peer feedback, external evaluations).
• Developing evaluation criteria and questionnaires.
• Understanding the benefits and potential barriers to board evaluations.
• Learning how to interpret evaluation results and implement action plans.

4. Strategic Oversight and Risk Management: 

• Understanding the strategic role of the board.
• Exploring risk management frameworks and internal controls.
• Ensuring financial oversight and corporate reporting.

5. Board Performance and Continuous Improvement: 

• Identifying key performance indicators for board effectiveness.
• Understanding the importance of board dynamics and leadership.
• Learning how to foster a culture of continuous improvement within the board.
• Implementing changes based on evaluation feedback.

6. Practical Application and Case Studies: 

• Analyzing real-world case studies of board performance and evaluation.
• Applying learned concepts to specific organizational contexts.
• Developing practical skills for conducting board evaluations and implementing improvements.

Duration: Three (3) days             Fee: N250,000