Centre for Professional Development and Lifelong Learning

Business, Government & Society

The world has become a more competitive and diverse market place than ever before. Business owners must now be able to develop the necessary skills to successfully navigate such a dynamic environment. The Centre for Professional Development and Lifelong Learning designed this suite of courses to provide business owners with an understanding of the intersection between Business, Government and Society within the online and offline environments in which they operate. The courses were created to provide delegates with theoretical, technical and practical knowledge of the economic, legal, regulatory, political, ethical and societal roles of Business.

Business, Government & Society

Essentials of Corporate Governance

Essentials of Corporate Governance

Overview

This course provides an overview of the essentials of effective corporate governance, making it ideal for professionals looking to deepen their knowledge of corporate governance. It will provide delegates with an understanding of the key governance principles and approaches that will aid organizations in meeting both their needs and their stakeholder expectations. The syllabus examines key corporate governance concepts such as ethics, risk management and the role of Boards in governance, while providing practical advice on achieving compliance and best practices.

​Mode of Delivery: Face-to-Face

What will I Learn?

By the end of the course, delegates should be able to:

  • Identify the key principles of corporate governance;
  • Discuss the role of the Board and its importance to good corporate governance;
  • Effectively manage internal and external relationships with shareholders and other stakeholders;
  • Implement an effective risk management strategy;
  • Discuss the importance of ethics in corporate governance;
  • Evaluate common corporate governance issues in organizations and provide adequate solutions to address these issues;
  • Assess the relationship between corporate governance and business sustainability within organisations.

Who Should do this Course

Chief executives, new or aspiring Board members, staff who support the Board, Directors, Chairpersons, auditors, individuals involved in compliance and risk management, individuals responsible for implementing corporate governance in their organization and those who desire to keep up to date with the latest corporate governance best practices.
 

Important Information

Well-publicised failures in corporate governance in Barbados (for example CLICO) and the wider Caribbean (for example The Hindu Credit Union (HCU)) have put the spotlight on corporate governance in the region. As a result, corporate governance ranks very high on the agenda of the public sector in the region. Additionally, many private sector organizations are now searching for a deeper understanding of the concept of corporate governance, and how to achieve best practices in the area.  This three-day course has been specifically designed to meet these needs. Using an interactive approach and delivered by an expert in the field, delegates will be equipped with the knowledge and the ability to enforce key corporate governance principles and processes in their respective organizations. 

The course fee includes lunch daily.
 

At a Glance

  • Admissions Term: 2023/2024 Semester II
  • Registration: Open
  • Date: March 19th – 21st, 2024
  • Time: Tuesday, Wednesday, Thursday 9am-5pm
  • Duration: 3 days ( 21hours )
  • Certificate Awarded: Professional Development Certificate of Competence
  • Course Code: PDLL157
  • Capacity: 25
  • Cost:  
    • Regular – BDS$2000 (US$1000.00) 
    NB/ The course fee includes lunch daily.
     
  1. The following subject areas will be addressed:
  • Introduction to Corporate Governance
  • What is corporate governance?
  • Key principles of effective corporate governance
  • Elements of corporate governance
  • Common Corporate governance issues
  • Best practices in corporate governance

       2. The Role of Boards in Corporate Governance

  • Composition of the board
  • Role and function of boards
  • The role of the board in governance
  • Board committees
  • Maximising Board effectiveness

 
       3. Stakeholder and Shareholder Management

  • Stakeholder and Shareholder influence and rights
  • Guidance on shareholders’ and stakeholders’ interests
  • Roles of shareholders and stakeholders
  • Reporting to shareholders
  • The effective management of stakeholder and shareholder relationships

 
       4. Risk Management

  • Introduction to risk management
  • Approaches to risk management
  • Impact of risk
  • Risk identification and mitigation
  • Risk management and internal control
  • Implementing an effective risk management strategy

 
        5. Ethics

  • The role of ethics in corporate governance
  • Ethics, responsibility and social culture

This course will be fully interactive with opportunities for discussion and inter-organisational learning. It will be conducted using a combination of methods, inclusive of case study evaluations, practical exercises and discussion to cover the key corporate governance areas.