The 5 Core Skills you gain from board governance training

  • The Financial Times acknowledged IMD as one of the best institutions in the world for executive education and open programs.
  • Our High Performance Boards program is 100% committed to developing global leaders through high-impact executive education.
  • Take your career to the next level today by strengthening your existing skills and acquiring the skills you are missing.

Discover how IMD's High Performance Boards program can help your board drive corporate success. 

What Can You Gain From Board Governance Training?

Corporate governance training offers tangible benefits for board directors committed to playing a key role in guiding their company’s success. How exactly can board governance training help board members to make a better board? Here are five of the things you’ve got to gain from baord governance training from top business management schools:

Firstly: The components of top performing boards

Corporate Governance TrainingIs it simply a lucky coming together of competencies that makes a top performing board of directors? No. By exploring practical frameworks, corporate governance best practices and the most recent research on top performing boards, corporate governance training helps you identify your board’s route to success. This includes strategic appointment to leverage board member competencies, as well as effective structures and processes.

Don't underestimate: Board governance best practices

Board governance best practices are not always easily defined. Structured assessment through corporate governance training helps to determine the best practices suited to your organization. Governance training puts you in touch with the latest best practice research and offers evaluation of best practice boards. You develop broad-spectrum insights into best practices to understand how they improve coherence in business direction and strategy, drive corporate responsibility, and improve company accountability for stakeholder confidence.

Don't forget: Strategic board involvement

There is much debate these days on the appropriate role of a board. A board of directors that demonstrates effective strategic involvement will carve out its own best role. Corporate governance training will shed light on board-specific strategies to mitigate risk and maximize opportunities. You’ll get the skills, tools and frameworks for action plans to address challenges and boost your board’s performance.

It's vital to maintain: A positive board culture

Corporate Governance TrainingA board of directors is an unusual entity in that it is composed entirely of top leaders. Each one got to his or her position thanks to unique skills and leadership style. This could be a recipe for division - but within the framework of positive board culture, these strong personalities can leverage the group skill set to excellent advantage. Corporate governance training, especially if undertaken by the whole board at the same time, can help board chairpersons and members drive such positive board culture.

Finally: Don't overlook the importance of change management

Internal and external opportunities and challenges mean that boards must sometimes manage change and/or implement new approaches to maintain success. Change management also includes preparation for change, in particular developing winning plans for succession. Corporate governance training can help your board develop the right strategies for change management and create advance plans for seamless change.

Still looking for Board Governance Training?

Discover how IMD's High Performance Boards program can help your board drive corporate success. 


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