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Advanced Governance: The Board
Explore the components of an effective board of directorsPreview the first lesson free — get full access to all 5 lessons.
Advanced Provider : KnowledgeCity 5 Lessons · 14m in Arabic, English, Spanish
Course Description
In this course on Advanced Governance: The Board, you’ll explore the role of the board in your company’s operations, as well as the people who make up the board. You’ll also learn the practices that effective boards use to get results. By the end of this course, you’ll be able to position yourself as a compelling potential board member by leveraging your skills and taking proactive action.
Successfully and efficiently operating a company requires dedicated effort from a variety of stakeholders. The board of directors is an essential group who are responsible for overseeing the company's activities and aligning its strategic direction with the stakeholders' interests. They’re responsible for a range of functions, like setting the company direction, overseeing financial matters, selecting executive employees, risk management, and ensuring corporate integrity. These responsibilities make the board a crucial part of the company’s long-term success. That’s why it’s so important to understand who’s on the board and why they’ve been chosen. Effective boards follow a variety of best practices and ensure their members are strategic, communicative, and work well together. Explore these strategies and determine how to create a board that supports your company’s goals.
What You'll Learn
- Understand the board's role and responsibilities in overseeing the company's activities and aligning its strategic direction with stakeholders' interests
- Recognize best practices for effective board leadership and administration
- Identify the people who make up the board and why they have been chosen
- Examine board functions such as setting company direction, overseeing financial matters, selecting executive employees, risk management, and ensuring corporate integrity
- Identify pathways and strategies for attaining board membership
- Position yourself as a compelling potential board member by leveraging your skills and taking proactive action
Key Takeaways
- The board of directors is responsible for overseeing the company's activities and aligning its strategic direction with the stakeholders' interests.
- The board's functions include setting company direction, overseeing financial matters, selecting executive employees, managing risk, and ensuring corporate integrity.
- Effective boards follow best practices and ensure their members are strategic, communicative, and work well together.
- Understanding who is on the board and why they were chosen is important to the company's long-term success.
- Learners can position themselves as compelling potential board members by leveraging their skills and taking proactive action.
Frequently Asked Questions
What does this course cover?
It explores the role of the board in your company's operations, the people who make up the board, the practices effective boards use to get results, and strategies for attaining board membership.
What will I be able to do after completing this course?
You'll be able to position yourself as a compelling potential board member by leveraging your skills and taking proactive action, and you'll understand the board's role, best practices for effective board leadership, and pathways to board membership.
What topics are included in the lessons?
The lessons cover an Introduction, the Role of the Board, Practices of Effective Boards, How to Get on the Board, and a Test Your Knowledge assessment.
What skills does this course focus on?
The course focuses on Community Leadership and Corporate Governance.
What are the board's main responsibilities?
The board is responsible for setting the company direction, overseeing financial matters, selecting executive employees, risk management, and ensuring corporate integrity.
Professional Certifications and Continuing Education Units (CEUs)
HR Certification Institute® (HRCI®)
Recertification Credits: 0.25
Project Management Institute (PMI®)
Professional Development Units (PDUs): 0.25
KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.
Society for Human Resource Management (SHRM®)
Professional Development Credits (PDCs): 0.25
KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).
