Accelerating Board Diversity
"The faculty were able to draw out our best thinking, both individually and collectively."
"The faculty were able to draw out our best thinking, both individually and collectively."
What You Will Learn
Through interactive lectures and global case studies, this program will delve into board issues that apply to organizations from any industry. Additional materials, workshops, panels, inspiring guest speakers, and group discussions will address the challenges faced by underrepresented minorities and how you can contribute most effectively as a director, especially when there is no other minority representation.
In addition, during a panel discussion, a group of experienced executives will share how they have leveraged board service as part of their career strategy. After the program ends, you will be able to draw on resources from Korn Ferry, a leading board search consultant, that can help you research and pursue corporate board opportunities.
Participants should expect to spend at least 9-12 hours on self-paced case preparation prior to attending the program. Case materials will be made available approximately two weeks prior to program start.
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What You Will Learn
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Through interactive lectures and global case studies, this program will delve into board issues that apply to organizations from any industry. Additional materials, workshops, panels, inspiring guest speakers, and group discussions will address the challenges faced by underrepresented minorities and how you can contribute most effectively as a director, especially when there is no other minority representation.
In addition, during a panel discussion, a group of experienced executives will share how they have leveraged board service as part of their career strategy. After the program ends, you will be able to draw on resources from Korn Ferry, a leading board search consultant, that can help you research and pursue corporate board opportunities.
Participants should expect to spend at least 9-12 hours on self-paced case preparation prior to attending the program. Case materials will be made available approximately two weeks prior to program start.
Key TopicsCollapse All
Fundamentals of corporate governanceFundamentals of corporate governance
- Examining the role and purpose of a corporate board
- Understanding fiduciary and legal duties of the board
- Reviewing the different types and structures of corporate boards
- Recognizing how the role of a director differs from that of a corporate executive
- Analyzing how board roles vary in companies at different stages of their life cycle, and in public versus private companies
Key responsibilities for board directorsKey responsibilities for board directors
- Overseeing corporate strategy and assigning strategic tasks to management teams
- Managing CEO selection, succession, and compensation
- Guiding mergers, acquisitions, and other corporate control events
- Directing the renewal and evolution of roles on a board
- Monitoring financial reporting and risk management functions
Group dynamics on a corporate boardGroup dynamics on a corporate board
- Working in a position where authority is shared by multiple individuals
- Developing the ability to be a board leader and influence your peers
- Collaborating effectively with highly accomplished peers
- Transitioning from serving as an executive to serving as a board director
Influence of board committeesInfluence of board committees
- Overseeing financial reporting on the audit committee
- Managing executive compensation on the compensation committee
- Conducting oversight of corporate culture
- Watching over risk in the corporation
Opportunities on corporate boardsOpportunities on corporate boards
- Developing a personal board bio and positioning yourself for a board role
- Comparing how board seats differ on private boards versus public boards
- Realistically assessing the duties and time involved in board membership
- Weighing the pros and cons of joining a board during retirement versus earlier in a career
- Evaluating board invitations and other prospective opportunities
Navigating your role as a minority board directorNavigating your role as a minority board director
- What are the dynamics of being a new board director and that of being a new underrepresented minority board director?
- Are you the same as everyone else? Are you expected to do more?
- How are you perceived in the boardroom?
- How do you build your power and influence as a new board director?
- How does bias play a role in the boardroom?
- What is the experience of underrepresented minority board directors?
Special Program Features
After the program ends, you will have the option to meet with a board leadership specialist from Korn Ferry, a leading board search consultant, to help you research and pursue corporate board opportunities.
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Special Program Features
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After the program ends, you will have the option to meet with a board leadership specialist from Korn Ferry, a leading board search consultant, to help you research and pursue corporate board opportunities.
"The faculty were able to draw out our best thinking, both individually and collectively."