I. Governance Essentials
Corporate Governance Orientation Program
CD’s Corporate Governance Orientation Program (CGOP) aims to provide participants with fundamental and essential appreciation of the benefits and impact of modern corporate governance best practices. The subject matter is framed within the context of local reforms and how these relate and respond to regional and global trends.
Regulatory updates, corporate governance best practices in the setting of emerging risks and trends, and the duties and responsibilities of the board committees – including risk oversight, audit, and corporate governance – are examined during the full-day session. CGOP is the introductory one-day program that leads into ICD’s flagship program, the Professional Director’s Program (PDP).
Participation in the CGOP meets the recommended best practice for first-time directors stated in the Revised Corporate Governance Code of the Securities and Exchange Commission (SEC), complies with the Bangko Sentral ng Pilipinas’ (BSP) recommended training for first-time directors and bank managers, and fulfils one of the prerequisites to become and Associate Member in ICD.
II. Governance Fundamentals
Professional Directors Program
Boards have the primary responsibility of leading any institution or organization. The Institute of Corporate Directors flagship course, the Professional Director’s Program (PDP), trains and orients both incumbent and aspiring directors in the role of boards and members of boards in the governance of their respective establishments.
PDP provides directors with tools to create value for the corporation and helps them become catalysts for transformative change both in their organizations and the society they live in.
ICD taps highly-experienced and internationally-trained individuals, from its roster of teaching fellows, to facilitate the sessions. Highly-interactive learning sessions with ICD’s Teaching Fellows, who draw from real-life boardroom experiences during discussions, will ensure that the sessions enrich participants.
The Professional Director’s Program is a five-day course that opens with the Corporate Governance Orientation Program on Day 1, to be followed by the significant responsibilities of board directors namely: Strategy (Day 2), Policy(Day 3), Monitoring (Day 4), and Accountability (Day 5).
Sustainability in the Boardroom: A Corporate Director’s Roadmap
ICD’s Sustainability in the Boardroom responds to three vital questions relevant to corporate lifecycles and evolution today: (1) “Why should corporate directors care about sustainability?”, (2) “What is sustainability?”, and (3) “How should corporate directors respond to sustainability concerns in the boardroom?” The class dissects the evolving perspective of businesses on the sustainability agenda, examines an ideal strategy framework to address sustainability issues, and recommends “best-practice” measures for building a sustainability-focused board body.
Strategic IT Governance Issues
ICD’s Strategic IT Governance helps directors appreciate the scope of the IT Governance undertaking as well as their own roles and accountability in IT operations. Aligning IT processes with business strategies, and managing risks arising from innovative and disruptive business trends dependent on IT are two core activities closely examined by this lesson. The learning process is aided by a study of cases showcasing the responses of some boards to digital threats experienced by live companies abroad.
III. Deepening Corporate Governance
Digital Trade-Offs: Promise & Peril in the 21st Century Economy
Technological innovation is opening up tremendous possibilities for companies and industries at a staggering pace. Yet these possibilities are accompanied by daunting and often misunderstood risks such as disruption of traditional business models and cyber threats. Boards need to understand the potentials as well as the perils of the 21st century economy as they seek to chart a sustainable path to growth for their companies.
Business Integrity is a one-day course that presents strategic and practical approaches in addressing growing risks to business integrity. The course will tackle American and British compliance requirements related to corruption practices and bribery, as well as the renewed drive against money laundering in the Philippines.
Boards in Crisis
In a volatile, uncertain, complex and ambiguous (VUCA) world, even successful companies with sophisticated risk management systems encounter crisis and face the constant challenge of managing all forms and nature of risk. Organizations must navigate and overcome crisis situations to avoid catastrophic outcomes that affect the company and its’ stakeholders. Boards in Crisis instruct directors and key executives on how they must and can set the tone from the top when managing crisis situations.
Finance for Directors
Finance for Directors is a one-day course of Finance and Accounting basics which provides directors and senior executives the ability to quickly interpret and assess a company’s financial condition – a skill that helps drive board decisions. Financial competence is vital to corporate success. As such, Philippine regulatory agencies (SEC, BSP, PSE, and DOF) have all required financial literacy for board directors of publicly-listed companies and financial institutions.