Masterclass for Directors

Directors set the strategic direction for their organizations. They are experienced analytical decision makers. Directors need to look outwards, beyond the company, seeing the business in its competition, commercial contacts. In strategy formation the board looks ahead in time and externally in direction, seeing the firm in its strategic environment. Then strategies need to be translated into policies that can guide top management. At the same time the board needs to monitor and supervise the activities of executive management looking inwards as the current management situation and recent performance. Finally, accountability involves looking outwards and reflecting corporate activities and performance to all stakeholders.

We feel that the subject of governance, which involves issues of transparency, accountability, equity, integrity and social and environmental responsibility and drives 21^st Century business and government agenda, has not been paid the attention it deserves.

We believe that the most effective way to bring about long-term change is through powerful learning experiences. Genuine learning takes preparation and self-awareness; participation rather than just listening; and embedding new habits and techniques through real-life application. We recognize that everyone has potential; if people are effectively directed, engaged, respected and deployed according to their strengths, then breakthrough performance is achievable in any organization.

      Directorship is no longer a sinecure, yet few directors get trained for their role. Recent boardroom reforms introduced in most countries have put the onus of responsibility on directors. Directors are facing prison sentences for failing to discharge their fiduciary roles our programmers are designed to have real impact on participants and their organizations. It is to meet such challenges that Institute of Directors has designed unique, innovative and comprehensive programs for creating high performing executives and independent directors given below.

Masterclass for Directors

Course Details:

CD 1: Leading Corporate Transformations

• To develop a roadmap for a company to grasp new business opportunities and to kickstart transformation
• The leadership of transformation
• Identifying market discontinuities and grasp new business opportu-nities
• Building new organisational values
• Conflict escalation
• Conceiving the future
• Delivering transformations

CD 2: The Duties, Responsibilities and Liabilities of Directorship.

·         Understand the essential differences between direction, management and ownership.

·         Appreciate the complexity of the board’s tasks and the dilemmas with which boards are frequently confronted.

·         Appreciate the role directors play and assess key director relation-ships including the contribution which non-executive directors can make to board performance in different types of company and context.

·         Appreciate features of the board’s corporate governance role and performance criteria

·         Understand the boards leadership role, including defining and communicating the corporate vision, mission and values

CD 3: Managing Innovation

·         Leveraging culture for innovation and competitive advantage.

·         Linking technology cycles and innovation streams

·         Hosting contradictions and managing ambidextrously

·         Winning through innovation

CD 4: HR Practices for Business Success

• Understand the role and responsibility of the board in integrating human resource strategy with the corporate strategy.
• Implement reward, recognition and remuneration strategies.
• Understand the implications of labour laws and provident fund schemes.
• Assess relevant recruitment and selection policies to support cor-porate aims and overall business strategy.

CD 5: Finance for Non-Finance Directors

• Role and responsibility of the Finance function
• Understanding of all financial statements and financial ratios
• Evaluate and monitor the financial health of a business and spot warning signs of impending insolvency using accepted financial ratios
• Examine the various types of finance available to a company and their relative advantages and disadvantages
• Understand project appraisals using discounted cash flow techniques
• Early detection of fraud

CD 6: Strategic Leadership.

·         Assess strategic concepts across a range of organizations including co-relation to the director’s own organisation

·         Understand how to link the strategic goals of a company to its day-to- day activities, taking into account organizational resistance to change and the need to measure and evaluate success

·         Appreciate the importance and influence of e- commerce and information technology on strategy development

·         Integrate the essentials of knowledge management in strategic planning

CD 7: Corporate Social and Environmental Responsibility

·         Defining Corporate Social Responsibility

·         History of Corporate Social Responsibility and Corporate Citizen-ship

·         Ethics and stakeholder management

·         Social audit

·         Business and human rights & Gender issues

·         Valuing diversity

·         Leadership for Corporate Citizenship

CD 8: Maximising Effectiveness of Company Boards.

·         Gain insight into the best practices of boardroom

·         Design and develop boardroom and CEO’s performance evaluation

·         Explore leadership-sharing issues and areas of potential conflict with the CEO

·         Managing risk in the boardroom

·         Appointment and functioning of audit committee, nomination committee and remuneration committee

·         Selecting the best non-executive directors for your board room

·         Managing Reputation

CD 9: Customer Relationship Management

·         How to implement Customers Relationship Management (CRM) in your organization.

·         How to work out structured and objective customer satisfaction indices.

·         How to develop business specific Index for measurement of Customer Satisfaction.

·         Benchmarking with competition and best in class, Integrating reactive methods of customer feedback

CD 10: Balanced Scorecard

• The Balanced Business Scorecard as a management philosophy
• Defining measures that drive performance and business strategy
• Select key business outputs and identify critical business processes producing them
• Develop and deploy BBSC implementation plan
• Address resource requirements
• Address information technology requirements

Academic Council

_ Justice M.N. Venkatchaliah, Former Chief Justice of India

_ Dr Madhav Mehra, President, World Council For Corporate Governance

_ Prof. (Dr) N.M Kondop, Pro-Vice Chancellor, NMIMS

_ Dr. P.G Apte, Director, IIM Bangalore

_ Mr. C.P Jain, Chairman, NTPC & Chairman, SCOPE

_ Prof. (Dr) T.K. Mitra, Kolkata University

_ Dr. P.L. Sanjeev Reddy, Director, IIPA, Delhi

_ Mr. M Damodaran, Chairman, UTI

_ Dr. A.N Saxena, Former Financial Advisor, Min. of Petroleum

_ Mr. J.C Khurana, Director General, CFCG

_ Dr. S.Z Qasim, Former Member, Planning Commission

_ Mr. Shiv Raman Duggal, Director, Wigan & Leigh

_ Mr. I.I.M.S Rana, Chairman, Railway Board

_ Mr. Pradeep Chaturvedi, Advisor, UN(FAO)

_ Dr. Uddesh Kohli, Chairman, CDC & President, AIIMA

_ Dr. Janardhan Jha, Pro V.C, Manipal Academy of Higher Edn.

_ Dr. V.K. Goswami, Director Gen., Institute of Mgmt. Studies

_ Cmde (Dr) A S Jolly, Director, NITPS

Certificate

The certificate will be awarded to successful participants who complete all 10 modules by the UK based World Council for Corporate Governance.

Masterclass for Directors

An Innovative Programme for Company Directors

Organized by:

Institute of Directors

Registration Form
Please fill in the following details and send with your Draft / Cheque in favour of “Institute of Directors” payable at Mumbai. I am interested in participating in the “Masterclass for Directors”.

Full Name .................................................................................…………..............

Designation ...........................................................................................…………..

Company ...............................................................................................

Address ................................................................................................…………..

Tel: ...........................................………...... Fax: ..............................................…..

E-mail ......................................................................................................

Are you a member of IOD / CFCG? (Yes/No).......................................…

Fees: Rs 34,950/-

Venue: National Insurance Academy, Pune

Payment:
By Cheque/Demand Draft (payable to ‘Institute of Directors’, at Mumbai).

Bank................................................................................

No. .......................……...... Date............................... Amount ....................……..

Date:..................... Signature: ...................................…………………………….

Office Address:
MUMBAIInstitute Of Directors1092/C, Oberoi Garden EstateChandivali, Andheri (East)Mumbai – 400 072Mob. 9323570217, 40152317E-mail: manojkhokale@indiatimes.com  Website: iodonline.com NEW DELHIInstitute Of DirectorsM - 64, Greater Kailash-IINew Delhi - 110048