Australian Governance Academy
A board director has amassed a variety of skills throughout their career to set them up for success when they join a board.
A board has four key roles to perform which require complex competencies:
* Ability to select the appropriate strategy for the business and manage the opportunities and risks associated with this.
* Selection of the appropriate CEO to deliver the strategy and monitor and support them.
* Ensure that the organisation is fully compliant and able to monitor this
* Fiduciary duty to act in the best interests of the shareholders, acknowledging the other stakeholder needs, and adding value in accordance with community standards.
A mastery of these, not only supports the best outcomes for the board, but also protects the board director from their greatest risk, that of reputational damage.
Our programs provide the underpinning of these with ongoing support from the Academy facilitators to help give some mastery of them.