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What is the role and responsibility of a board? How can governance make or break an organization? How can good governance contribute to society?
Effective governance is a key driver of growth and, increasingly, a distinctive competitive advantage for any organization. IMD’s Mastering Board Governance program will give you a deep understanding of the principles and practices of good governance, and the roles and responsibilities of a board.
Throughout your learning journey, you gain hands-on knowledge that you put to immediate use by participating in immersive board simulations on a weekly basis.
This program will build your understanding of effective business decision-making and group dynamics and enable you to make meaningful contributions to a board.
Gain a solid understanding of how governance drives organizational performance
Expand your knowledge of the role and responsibilities of a board and all other governance participants and stakeholders
Know how to identify and assess the four underlying pillars of board effectiveness, using a concrete framework
Learn how to proactively identify governance risks and mitigate them effectively
Explore core areas of board work such as strategy, risks, stakeholders, M&A, succession, ESG and stewardship
Mastering Board Governance is delivered over five consecutive weeks, requiring a time commitment of 4-6 hours per week. Each week covers specific content, with clear learning objectives and deliverables to help you measure the impact of your weekly learning.
You will gain in-depth knowledge of governance and the role of a board. Drawing on the expertise of IMD’s Global Board Center, you will learn from examples of governance successes and failures in various industries and locations, and apply these learnings to your own context.
You and your online classmates will complete specific tasks and challenges during weekly immersive board simulations. Your ‘board’ and your individual performance will be rated, and you will benefit from feedback and guidance from expert faculty and coaches.
Mastering Board Governance is a fantastic collaborative experience that I recommend to all professionals interested in governance best practices, whether they are new to the subject or looking for continous improvement. The program helped to improve my skills and was a source of inspiration.
Konstantin Yershov
Early Stage Investor and Board Member
Switzerland
Mastering Board Governance is an absolute must, not only for current and aspiring Board members, but also for Executive Board members and senior management as it gives many insights into their collaboration with the Board. It was a very exciting journey, with challenging and interesting teamwork with other participants.
Ekaterina Emelianova
CFO
Sberbank
Switzerland
Mastering Board Governance is an amazingly efficient course for improving your board's effectiveness and anticipating risks. I enhanced my understanding of group dynamics, my ability to identify when and why a board underperforms and, overall, increased my added value as a board member for technological startups.
Anne-Laure Jehl
Investment Manager
IFP Energies nouvelles – CRDI
France
You will benefit from this program if you are:
Didier Cossin, Founder and director of the IMD Global Board Center
Professor Cossin is the founder and director of the IMD Global Board Center, the originator of the Four Pillars of Board Effectiveness methodology and an advocate of Stewardship.
He works with senior leaders, executive committees and boards to provide the latest thinking on best-in-class governance, board effectiveness, the governance and selection of investments, board dynamics and strategy design. His latest research focuses on stewardship, how we can foster organizations to have long-term positive social impact while creating economic value for all.
IMD NEXUS members receive a number of seats in addition to a wide range of further benefits and services. If you are applying via your corporation, please check internally that you are eligible to apply before submitting your application.
*formerly IMD's Corporate Learning Network (CLN)
Disclaimer
IMD complies with applicable laws and regulations, including with respect to international sanctions that may be imposed on individuals and countries. This policy applies to all applications for IMD programs from individuals or organizations, and any commercial or non-commercial partnerships.
IMD business school rankings
Our executive education programs are ranked highly by the world's most influential business publications.