Target Audience
Directors, Business Leaders, Managers and Entrepreneurs. Programme Standards
- Maximum 6 attendees - 30 days of one to one support - Handouts - Programme director/s with at least a Masters Degree in the subject - Convenient morning timings or in-house at any time for a minimum of two bookings - Can be configured to address a number of professions and industry sectors Price
EUR248 ex VAT per participant. |
Corporate Governance Essentials Workshop
This workshop provides managers and directors with a comprehensive understanding of corporate governance and the key responsibilities of board members in shaping company policies and practices. The focus will be on enhancing the relationship between the board, management, shareholders, auditors, and regulators. In a dynamic business environment like Malta and the EU, leaders often grapple with compliance, ethical decision-making, transparency, risk management, and stakeholder engagement. This workshop will equip attendees with practical tools to address these challenges, ensuring effective governance practices that contribute to long-term organizational success and compliance with both local and EU regulations. Attendees will gain insights into enhancing board oversight, fostering accountability, managing conflicts of interest, and responding to external scrutiny. This program will empower managers to uphold ethical standards and create a governance framework that supports business growth, stability, and trust in an ever-evolving regulatory landscape. Topics Covered
Introduction to Corporate Governance and Board Responsibilities This module provides an overview of corporate governance, focusing on the role and responsibilities of the Board of Directors. Participants will understand the importance of governance structures in ensuring accountability, transparency, and alignment with shareholders' interests. Key aspects, such as the board's role in strategy, risk management, and performance oversight, will be explored. Additionally, the relationship between the board and senior management will be examined, with an emphasis on maintaining ethical standards and legal compliance in decision-making. This module will empower managers to effectively collaborate with the board and ensure their organizations are governed responsibly and efficiently. Shareholder Relations and Stakeholder Engagement In this module, managers will learn about the critical relationships between a company’s shareholders, the board, and other key stakeholders, such as employees, customers, and regulators. Topics include shareholder communication, the role of annual general meetings, and the board's responsibilities in managing stakeholder expectations. This module will also delve into best practices for addressing conflicts of interest and promoting transparency in decision-making processes. By fostering positive shareholder relations and proactively engaging with stakeholders, managers will be better positioned to drive organizational success while mitigating potential governance risks. Compliance and Legal Responsibilities Corporate governance is rooted in legal and regulatory compliance. This module will focus on the legal duties of directors, such as fiduciary duties, and the consequences of non-compliance. Managers will gain insight into relevant laws and regulations within the EU and Malta, including those pertaining to financial reporting, taxation, and corporate structures. By understanding the legal landscape, managers will be able to guide their organizations in maintaining a high standard of governance, ensuring regulatory adherence and avoiding costly mistakes. Risk Management and Internal Controls Effective corporate governance hinges on robust risk management practices. This module will examine how boards and managers collaborate to identify, assess, and manage organizational risks. Key topics include financial risk, operational risk, and reputational risk, along with strategies for implementing internal controls to mitigate these threats. Participants will learn about the board's role in overseeing risk management frameworks and ensuring effective internal audit systems. Ethical Leadership and Decision-Making Ethical governance is essential to maintaining trust and credibility within an organization. This module will explore the importance of ethical decision-making at the board level, highlighting the board's role in setting a tone of integrity, honesty, and fairness throughout the company. Managers will examine ethical dilemmas and how to navigate situations that challenge governance principles. By fostering an ethical culture, managers can influence positive behavior and decision-making at all levels of the organization, ensuring that governance processes are not only compliant but also align with the organization’s core values and long-term goals. |