Module 2 – Leadership and Strategy

Module 2: Leadership and StrategyNiagara-on-the-Lake, ONOctober 1-3, 2020$4,370.00
Module 2: Leadership and StrategyNiagara-on-the-Lake, ONFebruary 4-6, 2021$4,370.00
Module 2: Leadership and StrategyNiagara-on-the-Lake, ONOctober 14-16, 2021$4,370.00

Module 2: Outline

Developing Strategic Thinking

  • Discuss a case study that explores strategic thinking versus strategic planning.

The Strategic Leadership Cycle—Planning, Measurement, Accountability, Communication

  • How can the board collaborate with management to establish a clear sense of purpose, direction, strategy, priorities, and decision-making criteria?
  • Which steps must directors take to fully understand the business model and unique competencies of their corporation?

CEO Succession Planning

  • Examine the importance of the CEO succession planning process and intricacies of the hiring or firing of the CEO.
  • Learn how to balance relations between the board, key stakeholders, and the CEO.
  • Discuss the best practices and different types of CEO succession.
  • Uncover the obstacles surrounding effective CEO succession.

Board Evaluation and Renewal

  • Learn what to do if your company has outgrown its board.
  • Find out how to set effective board and director expectations.
  • Discover how to manage director performance—including identifying types of underperforming directors, the chair’s role in managing director performance, and individual director assessment.

Compensation of the CEO, Directors, and Executives

  • Understand the importance of the compensation committee’s mandate.
  • Clarify the “line” between board and CEO responsibilities for HR oversight.
  • Learn how the board can determine that the compensation for CEOs and directors is appropriate.

IT Governance

  • How does the board ensure that management has a strategic information systems plan in place that is monitored and updated as required?
  • What are the key performance indicators and drivers of the IT department?

Risk Management

  • What is the board’s role in strategy and risk management?
  • What information do directors need to accomplish risk oversight?

Innovative and Creative Problem Solving

  • Identify your unique style and profile in dealing with problems.
  • Learn how to capitalize on the individual strengths of the board team to tackle problems.

In Summary

  • Learn how to collaborate with management to establish a clear, deliverable, corporate strategy in which all board decisions can be anchored.
  • Learn how to select the best mix of board members who understand the scope and requirements of the job.
  • Learn how the board and CEO relationship works, and the value of an effective succession-planning process.
  • Understand how the board and human resource/compensation committees work to achieve appropriate CEO and director compensation.
  • Know which questions to ask about the corporate IT strategy, management, and performance.
  • Understand the type of information that boards require for ensuring that corporate risks are identified, controlled, mitigated, or translated into opportunity.
  • Learn how to capitalize on the individual strengths of your board team in tackling problems and issues.

The Chartered Director Program is now also being offered in Vancouver, BC in partnership with the Sauder School of Business at the University of British Columbia.

What our graduates say?

“The Directors College experience has been nothing short of exceptional, with immediate benefit within the boards on which I serve. Undoubtedly, this program supports its brand of being the gold standard in board governance effectiveness. Of particular benefit was the opportunity to share the learning experience with colleagues within their various roles at the boardroom table. I have developed an enriched knowledge base from which to draw, as well as an enhanced quality network. Without hesitation, I recommend this program, and congratulate its faculty and staff for its commitment to excellence within its mandate.”

Silvia Martini, Vice-President, Interlink Research Inc.

“I performed a significant amount of research when selecting an option for advanced governance education. All of my research pointed to The Directors College. Being the only university accredited program was important, but more important, was that the faculty has an amazing balance of academic and professional background. No other program offers such a unique and high learning environment – the perfect balance of academia and real examples. The experience is demanding and allows you to generate a vast networks of peers who are dedicated to raising the bar on governance – truly the gold standard.”

Daniel Johnson, B.Comm, C.Dir., Chief Executive Officer, Innovation Credit Union

“The Chartered Director program provided me with a solid foundation in governance which built my confidence to comprehensively serve as a director. The exceptional content and educational process enhanced my curiosity, courage and ability to ask the right questions on crown, non-profit and corporate boards.”

Victor T. Thomas, C.Dir., H.R.C.C.C., Vice Chair, SaskEnergy

“I thought the entire program was very well developed and comprehensive. You never know what to expect when you sign-up for these programs and this exceeded my expectations and was a great learning opportunity.”

James Scongack, C.Dir., Vice-President of Corporate Affairs, Bruce Power LP

“I found the Chartered Director Program to be an excellent forum to understand how strong governance complements effective management. The ability to create and execute an effective strategy is significantly enhanced by a robust process inclusive of board engagement where the right questions are asked and expected outcomes are identified. I truly enjoyed the setting which fostered a strong level of interaction that was supported by quality presentations and material. As CEO of a Shared Service Organization set to deliver benefits to its members, I see the advantage of having a number of our board members participating in this program.”

Tony Di Emanuele, MBA, C.Dir., President and CEO, Mohawk Shared Services

“A strong board needs a combination of industry knowledge and sound judgement. You need people able to challenge one another, but in a productive environment. The Directors College provides skills, perspectives and tactics to drive value as an effective and successful board member. As a graduate of the Chartered Director Program, I found The Directors College an excellent survey of the critical issues and developing trends of today’s corporate environment. I highly recommend The Directors College.”

The Honourable John Manley, P.C., O.C., C.Dir., President & Chief Executive, Canadian Council of Chief Executives and former Deputy Prime Minister of Canada

“The changes that impact corporate governance are establishing a pattern of increased accountability for the delivery of long-term value to customers, shareholders, employees and society. Proper corporate governance is now being defined to include knowledge of critical elements such as risk management and the measurement of strategic performance. At the end of the day, each board will be judged on its ability to effectively deliver value, rather than on its structure. The Directors College innovative program fills a unique and important gap in providing knowledge and insight as to how this expectation can be met. CMA Canada is pleased to be a sponsor of this timely initiative.”

Steve Vieweg, C.Dir., CPFA (Hon), FCPA FCMA, CEO, CPA Western School of Business

“As an organization focused on educating corporate secretaries, the CSCS believes in furthering the potential of board members to better contribute to building effective governance structures. Given the key role of directors and corporate secretaries in applying proper boardroom practices, corporations need to ensure that these individuals meet a professional standard. The Directors College curriculum covers all the formal regulatory issues for directors and also addresses the informal skills of building effective and appropriate relationships with senior management. We see significant benefits to this program and CSCS is pleased to endorse it.”

Lynn Beauregard, President, Canadian Society of Corporate Secretaries

The Directors College has developed a director education program which goes well beyond the fundamentals to address the structures and the behavioural components of principle-based governance. I am proud to be associated with the Directors College and I am honoured to lend my name to the College’s graduate award.

Gilbert Bennett, Director and Former Chairman of the Board, Canadian Tire Corporation Limited