Guides
Globally recognised board director training
Do you want to have access to the best director training available globally?
The Professional Diploma in Corporate Governance from the Corporate Governance Institute is a globally recognised University credential for directors and strategic business leaders.
The Corporate Governance Institute also provides its students with membership of the Institute, access to year-round CPD courses, exclusive insights, and the best corporate governance guidance from board professionals and practitioners.
A valuable network of top professionals from 35 different countries is available to members, who can use it to advance their careers.
Give yourself a competitive edge in the boardroom
The Corporate Governance Institute works to ensure that both current and prospective directors have world-class governance abilities.
Today, boards, and their directors, are under increased scrutiny.
Legislators and the public are less forgiving of inept boards, and directors are increasingly expected to have corporate governance expertise.
Why is director training so important?
Good governance benefits both society and the environment. Ineffective governance can have detrimental effects on organisations and the communities in which they operate.
Following board director training you will have:
- A thorough understanding of how boards operate and the structure of productive board meetings.
- A clear understanding of the nature of culture in an organisation, how it affects it, and how you can influence and shape it.
- The knowledge of how the various committees operate and how they enhance the effectiveness of a board.
- The ability to assess any risks a company may be facing and determine how to reduce them.
- You will also learn the knowledge and abilities a board director needs in order to perform their duties successfully.
- You will be introduced to ESG and the ongoing and changing ethical issues facing organisations and be able to apply them to a modern board.
- Additionally, you will gain the skills necessary to assess a board.
Acquire advanced governance training to join a board of directors
The Corporate Governance Institute provides advanced governance training and certification at the highest level for board directors and aspiring directors.
The Corporate Governance Institute is the independent voice of governance, developing the mindsets of a new generation of global leaders.
Read more: What skills do you need for the boardroom?
What should board director training include?
Board director training must give you a clear understanding of the world of corporate governance, the principles that underpin it, evolving global governance trends, and the role governance plays in contemporary business.
Read more: eBook – director training for next generation directors
What training should I do to become a board member?
The Diploma in Corporate Governance was developed by directors who are aware of the essential practical skills required to develop the mindset of an effective, influential board member.
You will obtain a university-backed curriculum that is credit-rated. Currently, less than 0.5% of company directors have a formal qualification in corporate governance.
By taking the professional Diploma in Corporate Governance, you will become part of an elite group of senior leaders, position yourself to acquire a board position, enhance your career options, and connect with a diverse group of directors from around the world.
What roles are available after board director training?
The Diploma in Corporate Governance will assist you in developing a methodical strategy for your career plan to advance as a director or non-executive director.
Read more: How to become a non-executive director
How much are board directors paid?
Board members and non-executive directors receive very different compensation. A lot depends on the industry, the board member’s standing and experience, the country where the board meets, and the organisation’s revenue; the higher the revenue, the higher the pay for directors.
According to Spencer Stuart, non-executive director fees in the UK can be as high as about £83,000 at the top end of the FTSE 100, with an average fee of £43,200 for a FTSE SmallCap. According to the recruitment company Board Appointments, the typical retainer for a non-executive director in the UK is £70,000.
A part-time chairperson in the UK could expect to be paid £400,000 in 2019. Chairs of FTSE 100 companies made as much as £425,000.
Read more: How much do board members get paid?