Corporate Governance in Action Course

Corporate governance is the system by which companies are directed and controlled.” (Cadbury report, 1992) “Whilst Management processes have been widely explored relatively little attention has been paid to the processes by which Organisations are governed. If management is about running businesses, governance is about seeing that it is run properly. All companies/organisations need governing as well as managing (Professor Bob Tricker, 1984).  

The Board is responsible for oversight and the strategic direction of the company— not execution. This means Board members should take on a devil’s advocate role by asking C-Level managers questions such as What is the worst that could go wrong and how will you manage the outcomes? 

The governing body is responsible to ensure the establishment and implementation of business continuity arrangements that allow the organisation to operate under conditions of volatility, and to withstand and recover from acute shocks. 

The question that needs to be answered is that according to the companies act “A company must not carry on its business recklessly, with gross negligence” And directors/governing body must manage “with the degree of care, skill and diligence that may reasonably be expected of a person”. Should companies fail due to the COVID19 or similar event can directors/governing bodies be held criminally liable if no disaster management plan and business continuity plan was in place when the event occurred 

Course Objectives

By attending this  training course, delegates will be able to: 

• To diminish the growing numbers of performance failures 
• To improve the lack of accountability of executives 
• To understand the lack of social conscience in the capitalist system 
• To take note of the serious delivery failures in government 
• To appreciate the need to supplement laws with a “moral imperative” 
•  The need to improve governance image of Africa in the eyes of the world 

How will this Training Course be Presented?

Live-Online

Who is this Training Course for?

• Company directors especially newly appointed 
• Executive management including senior management 
• Risk practitioners 
• All people in decision making positions 
• Government agency management 
• Supplier management 
• Community leaders 

The Course Content

Session 1 

Foundational concepts 

• Objectives of new code 
• Definition of corporate governance 
• Philosophies of Encapsulated in the new code 

Session 2 

Content elements and development 

• Overview of the parts of the Report 
• Code elements 
• Sector supplements 

Session 3 

Application of the new code 

• Legal status of the new code 
• Scope of the application 
• Appropriate application and adaption of practices 
• Disclosure on application 
• Transition from the previous to the new code 

Session 4 

Leadership, Ethics and corporate citizenship 

• Ethical leadership 
• Organisation values, ethics and culture 
• Responsible and disclosure 
• Ethics committees 
• Setting ethical culture 

Session 5 

Performance and reporting 

• Strategy, implementation, performance 
• Reports and disclosure 

Session 6 

Governing structures and delegation 

• Role of the governing body 
• Composition of the governing body 
• committees of the governing body 
• Delegation to management 
• Performance evaluations 

Session 7 

Governance functional areas 

• Risk and opportunity 
• Technology and information governance 
• Compliance governance 
• Remuneration governance
• Assurance