Step 3: Corporate Governance

Switch to Fund Managers

ENTREPRENEURS

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Topics

Start here

Step 1: Habits of Executives

Step 2: Strategic Planning

Step 3: Corporate Governance

Step 4: Execution and Management

Step 5: Executive Reporting

Step 6: Accounting and Financing

Step 7: Marketing and Sales

Step 8: Corporate Stewardship

Step 9: How to be a CEO

Employee Handbook and Policy Templates

Session 4

The purpose of this session is to learn about corporate governance, as well as why and how top executives build and use their boards.

RESOURCES

• Exec's Program #4: Strong Corporate Governance - the Board

• Exec 4 - Running Effective Board Meetings SOP

• Exec 4 - Governance Scorecard

• Curriculum - Corporate Governance

• Third Party Resources - Corporate Governance

• Exec 4 - Setting Up and Managing a Gender-Smart Board SOP

Session 4: STRONG CORPORATE GOVERNANCE

The session begins with a recap helping executives understand where we are in the curriculum and how all of the corporate disciplines tie back to personal habits. The session then moves into a team exercise where participants are asked to share the results of their assignment from Session #3, which is their annual management plan. Then the session moves into the why, what and how of corporate governance. A special emphasis is made around the importance of building gender diversity into the board. Specifically, participants are trained on the different governing documents that inform how they, as managers and owners, should steward the resources of the company and the capital from their shareholders. Also, special emphasis is put on transparent reporting in managing board meetings. Finally, time is devoted to the importance of feedback and why managers with diverse boards ultimately receive better advice and better coaching in order to successfully grow their business and attract and retain talent.