Overview:
Duration: Three weeks
Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way an organization is directed, administered or controlled. Effective corporate governance ensures the organization’s objectives are achieved, and includes relationships with stakeholders such as employees, suppliers, customers, banks and other lenders, regulators, the environment and the community at large. The aim of this programme is to provide an introduction to, and to explain the application of, the principle of corporate governance. It will show how appropriate checks and balances can reduce the risk of concentration of power, abuse and error
LEARNING OBJECTIVE & COURSE CONTENT
• Identify attributes of organizations with effective corporate governance, the obstacles to implementing strong corporate governance measures and where reform may be needed
• Appreciate the practical, operational benefits and how the principles can be applied specifically to your organization.
• Apply modern techniques to measure the performance of projects and the efficiency of services within the orbit of corporate governance.
• Why corporate governance is vital in directing and controlling public and private sector organizations
• How it can be applied in highly political organizations
• The principles of corporate governance (openness, inclusivity, integrity, accountability) and their practical application
• How to put the principles into practice and assess pertinent examples from which to draw applicable lessons
• The role of political and official leadership in establishing and maintaining good governance
• The relationship between corporate governance and risk management
• The impact of strong internal controls and checks and balances
• The monitoring process and how to measure quality and performance
• How organizations without robust corporate governance risks poor performance and accountability issues.