Open Programmes

          Company Direction Course I (CDC I) 

          Building Effective Directors
          Background 

          More than ever before, the changing business environment has become very challenging and more complicated; hence the need for Directors to be more dynamic and strategic in giving effective direction to the organisation at the board level. The starting point to doing thisis to get a good grounding in the basics of governance. 

          This course is designed to enhance the competence of Directors and offer them a route to qualifying as Chartered Directors. 

          Target Participants 

          Chairmen, Managing Directors, Executive and Non-Executive Directors, Board members of public and private sector organisations and institutions, members of Governing Councils of strategic organisations, Company Secretaries, Managing Consultants/Principal Partners in professional service firms and Executives holding board level responsibilities. 

          Objectives 

          At the end of the course, delegates should be able to: 

          ·        State the legal stands on the types, duties, liabilities, rotation, etc. of Directors 

          ·        Explain the Corporate Governance principles, framework, key actors and theories behind the practice 

          ·        Identify Directors’ roles and responsibilities in leading, controlling and directing the organisation 

          ·        Interpret financial statements and participate actively in organisation’s financial decision making 

          Contents 

          ·        Director and the Law 

          ·        The Dynamics of Corporate Governance 

          ·        Directors’ Roles & Responsibilities in the Organisation 

          ·        Finance for Directors with IFRS Components 

          ·        Role of CIoD in Promoting Governance Standards in Nigeria

           

          Company Direction Course II (CDC II) 

          Building Effective Board

          Background 

          Developments in the corporate world have given credence to the fact that only effective Board gives effective direction to an organisation. This explains why business owners, investors, shareholders and regulatory institutions across the world pay close attention to the composition, structure, content and quality of the Board.  If anything, no financier, industry or organisational stakeholder wants to risk the danger of having an ineffective board in place. 

          This is a build-up on CDCI. It is packaged to  acquaint participants with the factors and risks that impact board effectiveness, as well as give an understanding of the nexus between business development and effective operation of the Board. 

          This workshop doubles as a mandatory continuous development programme for chairmen and directors who are responsible for the direction of the organisation, to ensure that they are able to make an quality contribution to the work of the board. 

          Target Participants 

          Chairmen, Managing Directors, Executive and Non-Executive Directors, Board members of public and private sector organisations and institutions, members of Governing Councils of strategic organisations, Company Secretaries, Managing Consultants/Principal Partners in professional service firms and Executives holding board level responsibilities.   

          As a continuation on the Company Direction Course I (CDC I) module, the course is a mandatory continuous director development programme for members of IoD who have participated in the CDCI. Members in this category are expected to attend CDCII within 12 months of their graduation from CDCI. It also facilitates members’ upgrade to Fellow, if other basic requirements are met. 

          Objectives 

          At the end of the course, participants are expected to be able to: 

          • Discuss board dynamics and factors that strengthen and weaken it 

          • Explain the relationship between Board composition, size, gender etc. and Board effectiveness 

          • Identify Directors’ roles in business development 

          • Highlight various business risks and relate enterprise risk management to Board effectiveness 

          Contents 

          • The Director and Board Dynamics 

          • Board Effectiveness 

          • The Director’s Role in Business Development 

          • Enterprise Risk Management

          Company Direction Course III (CDC III) 

          Building Future Ready Board

          Background 

          The world of work is experiencing major transformations. Business disruptions, Automation, shifting demographics and the rise of the gig economy have had prominent impacts on societies, organizations and workers. These global trends are creating new challenges as well as new opportunities for businesses with one thing being certain: the boards will need different competencies to cope with future business realities.  

          This course is designed to build the competencies of the board and executives to proactively address future challenges today. 

          Target Participants 

          This course is designed as Company Direction Course III (CDC III) for boards and executives. In other words, participants on this programme include Chairmen, Managing Directors, Executive and Non-Executive Directors, Board members of public and private sector organisations and institutions, members of Governing Councils of strategic organisations, Company Secretaries, Managing Consultants/Principal Partners in professional service firms and Executives holding board level responsibilities.   

          Objectives 

          At the end of this course, participants will be able to

          Contents

          ·        Dynamics of the VUCA Business World & Features of Future Ready Boards

          ·        Strategic Thinking for Disruptive Business Environment

          ·        Board’s Role in Building an Agile and Resilient Organisation

          ·       Mastering ESG & Sustainability Reporting                 

          Methodology 

          The program is structured as a 2-day intensive training program. Each session has been meticulously planned to keep participants engaged with the emphasis on a highly practical and interactive approach to learning with real life case studies. Some of the specific methodologies that will be used include presentations, group discussions, assignments, case studies, breakout sessions, brainstorming, etc.

          Masterclass for Independent Directors 2025

          The Masterclass for Independent Directors is a one-day intensive course that is designed to prepare experienced directors gearing to take up the role of Independent Directors. Series of regulations in Nigeria have completely changed the working environment of companies and the configuration of their boards. The demand for dynamic, visionary, versatile and discerning board members has increased substantially in Nigeria and so has the need for specialized training to boost their capacity to cope with the rigorous challenges ahead. Intricate corporate issues often expose companies to varied perils which may lead to avoidance failures, steep fines and penalties along with loss of reputation for both the directors and their establishment. Collective responsibilities of the full board towards the stakeholders are a concept, which is at the core of the new corporate business environment. 

          Course Objective 

          The role of independent non-executive directors in the emerging corporate landscape features prominently in new corporate governance codes. The introduction of independent directors on the boards, capable of dispassionate assessment of the decisions of the management, is widely considered as essential for protecting the interests of shareholders and, where appropriate, other stakeholders. Having truly independent directors serve on boards of private or public companies has become “best practice.”  

          As evidenced in notable governance scandals locally and globally, the importance of independence has become even more critical. Independence allows a board director to objectively evaluate the performance and well-being of the company without any conflict of interest or undue influence of interested parties.  

          This course is designed to provide detailed knowledge of all legal aspects and relevant provisions relating to Independent Directors in the various industries. 

          COURSE OVERVIEW: 

          • Provisions relating to the types, roles and responsibilities of Independent Directors/Audit Committee and Related Party Transactions. 

          • Essential views on issues relating to financial health of organizations, Share Capital, Loans, Accounts, Deposits, Private placement buy back, etc 

          • Critical concern on risk, both internal and external and strategic overview of officer in default, fraud definition, Inspection/Inquiry, Vigil Mechanism and Corporate Social Responsibilities. 

          The workshop will be highly interactive and will comprise of case study presentations, Important issues arising from the aforementioned provisions affecting the Corporate Sector will be extensively examined to broaden outlook participating directors. 

          You are requested to avail yourself of the opportunity to exchange views and ideas with the experts on various provisions, particularly on the ‘Independent Directors’ and generally on changing profiles of boards, their company strength and the future of the corporate sector. 

          FOR WHOM 

          This course will be of immense interest to all Independent Directors in Nigeria and beyond. Those who apply to be listed in the register of Independent Directors of IoD Nigeria. Chief Executive Officers (CEO), CFOs, Compliance Officers, In-house Counsels, Corporate Lawyers, Legal Heads, Chartered Accountants, Cost Accountants and Company Secretaries. 

          The following categories of persons would find the course beneficial: 

          • Non-executive board members 

          • New Independent Directors as part of their induction training 

          • Individuals available to take on Independent Directors responsibilities 

          • Chairperson of board and board committees 

          Interactive Approach 

          A feature of this one-day intensive course is the use of mini case studies as part of most sessions. The sessions provide ample opportunities to discuss realistic situations, which typically arise in real world scenarios. It is decidedly interactive, providing the participants a stage to benefit from debates and learning from sharing experiences. 

          CIoD Nigeria Independent Directors Register 

          Those who attend this course would meet the requirement of being listed in the Independent Directors register of CIoD Nigeria 

          CIoD maintains a register of qualified directors from diverse fields willing to serve as Independent Directors on the Boards of various companies or the Governing Bodies of various commercial, social and other statutory bodies in Nigeria and abroad. Senior Professionals in any discipline are invited to send their structured CV to IoD Nigeria and may be invited for the masterclass. We appreciate that maintaining confidentiality of your CV is important in our relationship with you. 

          Our Independent Director (ID) programmes are designed to support directors through the technical and regulatory challenges they face across various boards. 

          They include: 

          • Technical workshop briefings 

          • Business discussion events with key speakers 

          • Social receptions 

          • Thought leadership, news and insight 

          Terms and Conditions 

          PAYMENT:  Full payment in Favour of ‘Institute of Directors Nigeria’ for director development course, must be made before the commencement of the applicable training programme. 

          DISCOUNT POLICY:  2.5% discount for 3-5 delegates from the same organisation. 

          CANCELLATION/POSTPONEMENT POLICY:  Request for cancellation should reach the secretariat ten (10) working days before commencement of the course. For any cancellation or postponement with appropriate notification, handling and administration charge of 20% of the fees will be paid. If the notice is received within five (5) working days before the course commences, all the fees are forfeited. 

          SUBSTITUTE POLICY: Delegates may send a substitute, provided the IoD secretariat is notified in advance, and the substitute meets eligibility criteria and is acceptable to the CIoD. If the substitute is a non-CIoD member, the fee difference must be paid prior to the course. 

          BENEFITS:  Business speakers with outstanding experience of training are specially selected to share their knowledge and experience with delegates. The CIoD Director Development Programmes equip members with news skills and competences to help bring your knowledge of key business issues completely up to date. Delegates who are not CIoD members are welcome to all Director Development courses and programmes. The CIoD Nigeria Director Development Programmes offer the ideal corporate manpower development opportunities and veritable chance to network with other business leaders. You can explore business opinions on some of the most authoritative insights into how business can thrive locally and internationally.

          Building Board level Competencies for Top Executives

          Background

          Competencies comprise experience, knowledge, skills, attitudes, values and beliefs of an individual. To be accepted as ‘fit and proper’ within a Board, a director is expected to possess applicable industry, technical and behavioural competencies to fill particular gaps on the board. While the top management team may possess varying degree of competencies, the convention is to build them towards board level roles by grooming them in such specific or generic competencies that add value in the boardroom.

          The programme is specially designed to build the competencies of top management staff for the boardroom.

          Target Participants

          All who fall into the senior or top-level management of organisations, those who are being prepared for the director grade in the near term, all who are on the next line of leadership after the board and CEOs of young or subsidiary organisations.

          Objectives

          • At the end of the course, participants should be able to:

          • Outline specific roles and responsibilities of the Board

          • Explain how the top management drives corporate governance

          • Discuss in detail the competencies directors bring on the table in the boardroom

          • Identify choices available to the individual and organisations in building board level competencies

          Contents

          The Board’s Roles and Responsibilities:

          • Pipeline Management Staff as Drivers of Corporate Governance Implementation

          • Core Competencies for Board Level functions, with Behavioural Indicators

          • Strategic Options for Building Internal Capacity for the Boardroom

          Techniques for Company Oversight in Times of Crisis & Emergencies

          PROGRAMME OVERVIEW 

          Over the last one year, the world’s understanding of crisis and emergencies have been further enriched by the outbreak of the COVID-19 pandemic, which has literally upset global health, businesses and socio-economic lives.  

          Sequel to this, boards have come under intense pressures to scale up their oversight responsibilities beyond 

          fostering innovation, tackling technological disruptions, containing cyber breaches, driving revenue, and gaining market share to navigating health and safety concerns, reworking business continuity plans, retooling supply chains, changing business models, controlling costs, maintaining liquidity, preventing insolvency and re- to stay afloat and or take advantage of emerging opportunities.  

          Undoubtedly, only boards and business leaders that are nimble and dexterous enough to adapt the right techniques will succeed in steering their organisations out of the obvious turbulence of these times. The programme is aimed at acquainting participants with the requisite techniques to keep abreast of the emerging challenges of business crisis and economic emergencies across the world. 

          PROGRAMME OBJECTIVES 

          At the end of this programme, participants should be able to: 

          • Discuss the increased tasking of boards’ skills and oversight responsibilities in light of the VUCA features of the world of business, COVID-19 pandemic disruptions, insecurity etc. 

          • Discuss the new thinking in strategic oversight that delivers short- and long-term values 

          • Explain the techniques for risk oversight in these times of global emergencies 

          PROGRAMME CONTENTS 

          • Corporate Navigation of the VUCA World, COVID-19 Pandemic Phase etc.: What Roles, Skills & Traits of Effective Boards?  

          • Techniques for Strategy Oversight in times of Global Emergencies 

          • Techniques for Risk Oversight in times of Global Emergencies 

          • Case Studies, Breakout Sessions and Group Discussions 

          EXPECTED PARTICIPANTS 

          • CEOs, Executive Directors, Non-Executive Directors, Chairmen, Members of Boards, COOs, CFOs, General Managers with cognate status policy recommendations, legal advisers and company secretaries. 

          • Top government functionaries at the state or federal level: Ministers, Commissioners, Permanent Secretaries, officials in the director cadre, Chairmen and members of Boards of government Parastatals and Agencies.  

          • Board advisors, shareholders and investors in businesses, entrepreneurs etc. 


          Leadership for CEOs & Directors

          Background 

          Strong board leadership can create credible value for organisations. On the contrary, weak board leadership can decimate value, destroy performance and checkmate organisational sustainability. In view of this, critical stakeholders are now more interested in the quality of leadership provided by directors on the boards of their organisations, having known that ‘leadership is everything’. This is more so as directors are expected to demonstrate superior leadership skills in today’s VUCA business environment. That is, an environment that is ‘volatile, uncertain, complex and ambiguous’.  

          The course is designed to enhance the board-level competencies of the participants, as well as deepen their understanding on the mechanics of leading with bird’s-eye view from the boardroom. 

          Target Participants 

          Chairmen, Managing Directors, Executive and Non-Executive Directors, Board members of public and private sector organisations and institutions, members of Governing Councils of strategic organisations, Company Secretaries, Managing Consultants/Principal Partners in professional services firms and Executives holding board level responsibilities.   

          Objectives 

          • At the end of the course, participants should be able to: 

          • Explain the relationship between the current business world and the director’s role   

          • Re-define the competencies, skills, values, and personal qualities that today’s directors need to bring on board to add the required leadership value 

          • Discuss the leadership relationships between the Board and the executive management, especially as it relates to shared and unshared responsibilities 

          • Scope the dimensions of directors' leadership roles within and outside the organization.

          Contents 

          • Understanding Directors’ Leadership Role in the VUCA World 

          • Leadership Competencies for Directors in the Contemporary Business Environment  

          • Directors’ Leadership and the Executive Management Team 

          • Providing Leadership with the Birds’-Eye View: Strategy, Control, Entrepreneurship, Business Development, Stakeholder Management etc.

               



          The CEO And the Board

          Background 

          A strong determinant of the total well-being of an organisation is the healthiness of the relationship between the Chief Executive Officer (CEO) and the Board of Directors. Even in situations when the relationship is well defined, the CEO must understand the nuances, the dynamics and operate with a number of ethical, but unwritten rules in working together with the Board to achieve organisational goals, within the context of accountability, authority and constraints. 

          The one-day course is designed to equip the CEO with real life approaches to performing his/her roles and responsibilities to earn the Board’s respect, confidence and cooperation in achieving results.  

          Target Participants 

          CEO of companies or newly appointed CEO, Executive Directors, Board members and top management staff in the organisation’s pipeline of future CEOs. 

          Objectives 

          At the end of the course, participants will be able to: 

          • Define the role of the CEO vis-à-vis the board’s responsibilities 

          • Identify steps in working out corporate strategy with the board and in communicating same 

          • Apply the knowledge gained to lead some change in the organisation 

          • Explain the relationship dynamics between the CEO, Chairman and other board members 

          Contents 

          • The role of CEO in relation to the purpose and objectives of the board 

          • CEO’s role in defining and communicating corporate strategy 

          • Leading and motivating the organisation and managing change 

          • Defining the role of CEOs and Chairman


          Risk Management and Governance Workshop for Directors

          Background 

          Risk Management and Governance (RMG) is a unified approach to volatility across all segments of the enterprise. It involves managing all key risks and making risk-reward decisions enterprise-wide. Cutting edge   organisations are adopting Risk Management and Governance to enhance strategic planning, better prioritise risk efforts, toughen risk governance and sustain their competitive advantage. It is incumbent on the Board that has oversight of risks to equip self with necessary tools needed to effectively deploy ERM framework and strategy so as to create value for their stakeholders. 

          This one-day programme is intended to provide the participating directors with the tools needed for effective risk oversight of boards.  

          Target Participants 

          CEOs, CFOs, Corporate Secretaries, Senior Accountants, Top Executives saddled with risk-related responsibilities, and regulators from Central Bank of Nigeria, Securities Exchange Commission, Nigeria Stock Exchange and other supervisory and regulatory authorities  

          Objectives 

          At the end of the course, participants will be able to: 

          • Relate ERM to making risk-reward decisions 

          • Discuss the legal and regulatory frameworks on risk 

          • Describe risk management requirements, with ability to determine risk appetite and tolerance 

          • Review and set the tone for improved risk culture at the board level 

          Contents 

          • Value based ERM-Making Better Risk Reward Decisions 

          • Government frameworks and Regulatory Compliance 

          • Risk Management, Risk Appetite and Risk Tolerance 

          • Risk Culture, Board Leadership and Assurance

          Board's Role in Strategy

          Background 

          Setting strategic direction for an organisation is a primary responsibility of the Board. But beyond this, strategy formulation, integration, execution and evaluation are leadership responsibilities that are shared with the executive management. This collaborative approach, which is widely practiced across the globe, demands that Board members are deeply knowledgeable on the roles to play, as well as issues to raise and address at every stage of the corporate strategy spectrum.  

          The programme is designed to acquaint participants with the intricacies of corporate strategy, to be able to play their strategic roles productively.   

          Target Participants 

          Chairmen, Directors, CEOs, Executive and non-executive Directors and top management executives who are directly involved in strategy development and implementation 

          Objectives 

          At the end of the course, participants should be able to: 

          • Discuss the details of Board’s roles in strategy 

          • Identify the main features of effective strategy 

          • Use relevant methodologies in addressing each stage of strategy 

          • Observe and recognise weak or non-performing strategies    

          Contents 

          • Board’s Roles in Setting Organisation’s Strategy 

          • Characteristics of an Effective Strategy 

          • Tools for Formulating, Analysing, and Evaluating Strategy   

          • Keys to Recognising and Remedying failing Strategies 

          Board's Audit Committee and Control Environment

          Background 

          As part of its governance oversight responsibilities, the Board of Directors is required to set the tone at the top for inter­nal control, ethical values, culture of integrity, transparency and accountability. They are not only perceived as being obligated to oversee the development and implementation of adequate internal control systems, but they should also be seen to demonstrate it through standard conducts, while the executive team is to establish and maintain adequate and effective system of internal controls. To be able to discharge this corporate responsibility in a most professional manner, the Director ought to deepen his understanding of the control systems in the organisation. 

          This course is specially packaged to broaden the knowledge of participants on the system of internal control of the organisation and how their functions shape it.  

          Target Participants                                                                                                                                         

          Chairmen, Directors, Audit Committee Members, CEOs, Executive and non-executive Directors, CFOs and top management executives whose functions revolve around control and compliance 

          Objectives 

          At the end of the course, participants should be able to: 

          • Relate board responsibilities to the control environment 

          • Identify the key players in the control environment and their functions  

          • Describe the Board’s vehicles and approaches to overseeing the organisation’s internal control  

          • Highlight regulatory policies that impact on the control function of the Board 

          Contents 

          • The Control Environment, Internal Controls and Board responsibilities 

          • Understanding the Contributions of the following to Corporate Governance 

            • Chief Inspector 

            • Internal Audit

            • External Audit 

            • Chief Compliance Officer 

          • The Composition, Roles and Duties of Audit Committees 

          • Whistleblowing and other Regulatory Interventions in Controls

          Building Board Level Competencies for Top Management

          Background

          Competencies comprise experience, knowledge, skills, attitudes, values and beliefs of an individual. To be accepted as ‘fit and proper’ within a Board, a director is expected to possess applicable industry, technical and behavioural competencies to fill particular gaps on the board. While the top management team may possess varying degree of competencies, the convention is to build them towards board level roles by grooming them in such specific or generic competencies that add value in the boardroom.

          The programme is specially designed to build the competencies of top management staff for the boardroom.

          Target Participants

          All who fall into the senior or top-level management of organisations, those who are being prepared for the director grade in the near term, all who are on the next line of leadership after the board and CEOs of young or subsidiary organisations.

          Objectives

          At the end of the course, participants should be able to:

          • Outline specific roles and responsibilities of the Board

          • Explain how the top management drives corporate governance

          • Discuss in details the competencies directors bring on the table in the boardroom

          • Identify choices available to the individual and organisations in building board level competencies

          Contents

          ·       The Board’s Roles and Responsibilities

          ·       Pipeline Management Staff as Drivers of Corporate Governance Implementation

          ·       Core Competencies for Board Level functions, with Behavioral Indicators

          ·       Strategic Options for Building Internal Capacity for the Boardroom 

          The SA, EA & PA Workshop

          Background

          Perhaps more than ever before, there have been increased demand on the executive assistants of Directors and top officials of organisations to demonstrate specialised skills in creating and adding value as they discharge their responsibility of supporting the C-Suite Executives to enhance the success of their organisations. In this category of vital support staff are Special Assistants, Executive Assistants and Personal Assistants, amongst others.

          In performing their support roles, they are expected to be on top of the pace of change in the modern workplace, think and act proactively, communicate professionally and demonstrate mastery in managing self, boss and the stakeholders. Their effectiveness is measured by the extent to which they serve as the backbone of the C-Suite office, while facilitating and impacting Executives’ functions seamlessly.

          The course is packaged to acquaint the participants with critical competencies necessary to achieve their enormous tasks. It is an exceptional response of IoD Nigeria to the demands of its members who have requested the intervention of the Institute in training their support staff, having observed the correlation between the capacity of support staff and the efficiency as well as the effectiveness of a director.

          Target Participants

          Special Assistants, Executive Assistants, Personal Assistants, Personal Secretaries, Team Secretaries, Project Secretaries, Administrative & Office Managers, Help Desk Administrators, Office Administrators & Supervisors and all who support the C-Suite Executives.

          Objectives

          At the completion of the two-module course, participants should be able to:

          • Discuss the importance of their role to the achievement of ethical and corporate governance practice in the executive level environments, which set the tone.

          • Explain their role in the context of executive support as aligned to the corporate objectives of the organisation

          • Emplace strong teams that will facilitate executive level operations and assignments

          • Manage self, boss, staff and stakeholders more effectively

          • Skilfully use emotions to influence people even without authority over them.

          • Apply project management techniques to deliver more effectively and efficiently on their assignments.

          • Demonstrate improved communications skills, including listening, questioning and being more assertive.

          • Write effective reports

          • Use best practice model in handling ‘crisis’ situations, as well as getting work done with less stress.

          Modular Package in Stages

          Due to the intensive nature of the programme, it has been reviewed to run in three stages as follows:

           BASIC MODULE

          Day 1 (The C-Suite, Corporate Governance and Corporate Strategy)

          Day 2 (Building Skills & Competences for Executive Assistants)

          INTERMEDIATE MODULE

          Day 1 (Managing Self, Time & Boss)

          Day 2 (Building Skills & Competences for Executive Assistants)

          ADVANCED MODULE

          Day 1 (Visioning the C-Suite Transformation)

          Day 2 (Building Skills & Competences for Executive Assistants


          Young Directors Course (YDC I, II & III)

          Overview

          Young Directors Forum (YDF) of the Institute of Directors Nigeria is a network of young, talented and up-coming board leaders who serve as executive or non-executive directors in small and big firms across sectors of the Nigerian economy. These young directors are keen knowledge seekers who are interested in taking advantage of the IoD Nigeria platform to build capacities in corporate governance skills, practices, as well as taking advantage of access to free mentorship services, while creating strong peer networks that add value in the course of discharging their roles and responsibilities as directors. Ultimately, they are groomed to become CIoD Chartered Directors who give back to the society by mentoring others and supporting the growth of CIoD Nigeria.

           

          However, in preparing them for a bigger role and possible upgrade, CIoD Nigeria has structured a modular course which will speak to their needs.

          YOUNG DIRECTORS COURSE (YDC) I (INTRODUCTION TO CORPORATE GOVERNANCE & ENTREPRENEURSHIP)

          YOUNG DIRECTORS COURSE (YDC) II (ENTERPRISE GOVERNANCE)

          YOUNG DIRECTORS COURSE (YDC) III (MANAGING FINANCE & STAKEHOLDER RELATIONSHIPS)

          Building Data-Driven & Digitally Transformed Boards

           

          Background 

           In this dispensation, good business decisions are data-driven and informed by how well an organization can manage the data that it generates. Thus, there is the need for the board to be competent in data analytics so as to provide adequate oversight in business intelligence as well as business development architecture of the organization. Similarly, digitization has transformed business operations globally by improving connectivity, linkages, efficiency, effectiveness and productivity, but the associated challenges of data protection, cybersecurity and artificial intelligence still persist.  

          This course is aimed at enhancing the capacity of the board in reinventing itself with data-driven decision-making process, while driving the digital transformation of the organisation on a continual basis.  

          Target participants 

           Chairmen, Managing Directors, Executive and Non-Executive Directors, Board members of public and private sector organizations and institutions, members of Governing Councils of business membership organizations, Directors or Heads of ITs with responsibilities to the Board, Chief Innovation Officers, CFOs, COOs, CROs. 

          Objectives 

          •  At the end of the program, participants should be able to 

          • Explain how data analytics may be used in business decision making 

          • Discuss the roles of the board in data privacy and protection 

          • Explain governance essentials with regards to cybersecurity and AI 

          • Identify critical tools necessary for effective and efficient board meetings. 

          Content 

          • Boards, Data Analytics & Decision Making 

          • Data Privacy & Protection: The Role of Boards 

          • Governance of Cybersecurity & AI 

          • Digitalizing Board Meetings for Effectiveness & Efficiency 

          • Checklist for Future Ready Boards in a Digitally Transformed Business World   

           Training Methodology 

          The program is structured as a 2-day course with 2 sessions per day. Each session has been meticulously planned to keep participants engaged with the emphasis on a highly practical and interactive approach to learning. Some of the specific methodologies that will be used include presentations, group discussions, assignments, case studies, breakout sessions, brainstorming, etc.

          Board Refreshment & Remuneration

           

          Background

          For many reasons, a critical issue of concern in corporate governance practice has been the subject of board refreshment. Boards that refresh itself are more effective and well positioned to adapt to constant changes in the business environment. A board of directors’ ability to “refresh” itself on a regular basis gives the right mix of directors to meet both current and long ‑ term needs of the board. Beyond this, high performing boards often refresh to strengthen leadership capacity, strategic competition, risk management and digital transformation, amongst others. Doing this has not come easy to many organisations, even when extant company laws, codes of corporate governance and MEMARTS guide in this direction. In the same manner, board remuneration has always been a difficult task as it is a function of board performance and also a cost of productive refreshments of boards.

          This programme is, therefore, aimed at broadening the participants’ knowledge on the modalities of refreshing boards for higher performance, as well as the issues around the right remuneration for the board. The workshop will take a deep dive on the concepts and tested practices that have worked, which directors could consider for stronger board performance.

          Target participants

          CEOs, Executive Directors, Non-Executive Directors, Chairmen, Members of Boards, Company Secretaries, Board Advisors, business owners, investors and shareholders in family, private and public firms. Top government functionaries: Ministers, Commissioners, Permanent Secretaries, officials in the Director Cadre, Chairmen and members of Boards of government Parastatals and Agencies. 

          Objectives

          At the end of the programme, participants will be able to

          • State the link between board refreshment, board remuneration and board performance

          • Highlight drivers and determinants of Board refreshment and board remuneration

          • Identify gaps in their respective board dynamics that could impede their board performance

          • Explain factors to consider while deciding board remuneration and performance

          Content

          • Nexus between Board Refreshment, Board Remuneration and Board’s Performance

          • Drivers of Board Refreshment- Internal, External, Domestic, Global, Legal, Codes, Dispensational Shifts etc.

          • Determinants of Directors’ Remuneration & How to use it for Productive Board Refreshment and High Performance

          • Towards Stronger Board Performance: Lessons from Global Examples in Board Refreshment & Remuneration 

          Methodology

          This course is a one-day programme designed with practical real life case studies to drive home global best practices and standards in board refreshments and remuneration. Facilitators will also generate discussions, brainstorming, and breakout sessions to facilitate how lessons learnt will be applied by participants to their respective boards

           

          ESG Governance & Effective Sustainability Reporting

           

          Background

          Over the last decade, Environment and Social Governance (ESG) and sustainability reporting have become an increasingly important part of directors’ oversight functions. The quality of ESG report has also become a strong factor in investors’ consideration of organisations to fund. Therefore, to ensure sustainability, compliance and continuous confidence of investors, there is need for boards of organizations to equip themselves with the competencies to master the ESG framework and its seamless application in oversight functions.

           

          This course is therefore, designed to build the capacity of board members to provide ESG oversight for organizations.

          Target participants

          Chairmen, Managing Directors, Executive and Non-Executive Directors, Board members of public and private sector organizations and institutions, members of Governing Councils of business membership organizations, COO and Company Secretaries.

           

          Objectives

          At the end of this program, participants should be able to:

          ·       Discuss sustainability principles

          ·       Explain the business rationales for emplacing Environmental & Social Governance (ESG) in their respective boards

          ·       Critique and correct ESG framework as the need arises.

          ·       Review sustainability reports.

           

          Content

          ·       Overview of Sustainability Principles, Policies & Culture

          ·       Business Case for Sustainability and Environmental & Social Governance (ESG)

          ·       The ESG Framework & its application

          ·       The Mechanics of Sustainability Reporting

          Methodology

          The program is structured as a 2-day course with 2 sessions per day. Each session has been meticulously planned to keep participants engaged with the emphasis on a highly practical and interactive approach to learning. Some of the specific methodologies that will be used include presentations, group discussions, assignments, case studies, breakout sessions

           



          Board’ Role in Succession Planning

          Background

          It is often said that failure to plan is tantamount to planning to fail. This is true of organisations in the area of succession planning. A board that fails to have an effective succession plan in place puts the company at risk. This is because a sudden departure of an executive or individuals occupying key positions, for plausible or implausible reasons, may jeopardize organization’s operations, performance, net worth and the bottom line. Considering that refreshing executive leadership can be particularly challenging, every board needs to put in place a strong succession plan to mitigate the risk of organisational destabilisation that often attend lack of (or weak) succession plans. 

          This course is designed to build the capacity of boards to effectively develop and deploy succession plan that will help to position an organization for seamless improved operational performance in times of departure of key office holders.

           

          Target participants

          Chairmen, CEO, Executive Directors, Non-Executive Directors, Members of Boards, Company Secretaries, Boards Advisors Directors of HR and HR Consultants, General Managers with cognate status for HR responsibilities, business owners, investors and shareholders in family, private and public firms. Top government functionaries: Ministers, Commissioners, Permanent Secretaries, officials in the Director Cadre, Chairmen and members of Boards of government Parastatals and Agencies. 

           

          Objectives

          At the end of this program, participants should be able to:

          • Highlight the role of the board in organizational succession planning

          • Discuss principles, processes and practices for effective succession planning

          • Provide oversight in talent and succession plan evaluation

          • Manage the incidence of sudden departure of key executive member

           

          Content

          • Succession Planning as Board’s Strategic Role 

          • Governance Principles, Processes and Practices that facilitate Effective Succession Planning

          • Managing the Pillars of Seamless Succession – Risk, Change, Talent and Periodic Plan Evaluation 

          • How Boards Develop the Executive and Non-executive Leadership Pipelines for Smooth Succession

          Methodology

          The program is structured as a 1-day course. The program is planned to keep participants engaged with the emphasis on a highly practical and interactive approach to learning. Methodologies that will be employed include presentations, group discussions, assignments, case studies, breakout sessions, brainstorming, etc.


          Becoming a High Performing COO & CFO Workshop

          Background

          Of the C-Suite executives, the prime place of the Chief Operating Officer (COO) and Chief Finance Officer (CFO) of an organisation is well acknowledged. This is because they bring to bear immense technical input in boards and management decision making process. In addition, they facilitate seamless implementation of strategic and operational action plans.

          However, beyond this, the changing business times and paradigms is making demand on their ability to lead and operate in diverse, challenging and undefined roles. They now need to help in shaping overall strategy and direction, partnering and supporting other parts of the business to boost performance. In his type of situation, only the COO or CFO that excels in knowledge and competences will be able to add optimal value to an organisation.

          It is in appreciation of this reality that IoD Nigeria has specifically designed this programme to horn the skills and competencies of participants so they may become more impactful and high performing in their organisations. The course will offer great insights into the complexities and leadership challenges that today’s COOs and CFOs face, while helping to develop the knowledge and skills required to be effective in service.

          OBJECTIVES

          At the end of the course, participants will be able to:  

          • Discuss the COO’s and CFO’s role in contributing significantly to profitability through value chain innovation, cost and operational risk management

          • Contribute to building organisational culture that facilitate operational effectiveness

          • Discuss the content of COOs & CFOs as leaders of the organisation and as strategic achievers that add value to the board and other critical stakeholders

          • Explain contemporary challenges in global business environment and how they impact the COOs and CFOs functions.


          TARGET PARTICIPANTS 

          • Existing and aspiring COOs and CFOs, as well as their immediate direct reports, Directors of Operation, of Finance or those who act in that capacity; Senior and Principal Managers being prepared for the role in the near term.

          • Heads of Operations; Control; Sales, Marketing and Business Development; Change Management; Strategic Management; IT and Information Management /Chief Information Officers; Risk Management/Chief Risk Officers,

          • Heads of Research & Strategy, analysts, treasurers, controllers, and those in financial planning and analysis; Direct supervisors of CFOs such as the CEO or DMD who needs to know the intricacies to supervise and top management staff whose functions revolve around financial metrics, competitive analysis and financial as well as business restructuring.

          CONTENTS  

          • How the COO and CFO Drive Strategy & Build the Culture of Operational Effectiveness

          • COOs & CFOs Role in Achieving Profitability through Cost Effectiveness, Operational Risk Management and Value Chain Innovations

          • Contemporary Business Challenges & How COOs & CFOs may Manage them

          Building High Performing Board

          BACKGROUND

          Findings on board practices in the recent years have established a strong correlation between board’s performance and board’s refreshment, otherwise known as board renewal (e.g. ISS 2016-2017 Global Policy Survey). It is also proven that boards that refresh or renew itself are more effective and well positioned to adapt to constant changes in the business environment as opposed to boards that are static and stagnant. 

          In view of this, it is incumbent on organisations to invigorate their boards in a timely manner with proper mix of new directors that bring on board fresh ideas to meet both the current and long‑term needs of the board, the company, shareholders and all stakeholders. Beyond this, high performing boards often refresh to strengthen leadership capacity, strategic competition, risk management and digital transformation, amongst others. Doing this has not come easy to many organisations, even when extant company laws, codes of corporate governance and memarts guide in this direction. Then there comes the big puzzle of board remuneration both as a variable of board performance and as a cost of productive refreshment of boards.  

          This programme is aimed at broadening the participants’ knowledge towards becoming a high performing board, as well as the issues around the right remuneration for the board. While one size does not fit all, the workshop will take a deep dive on the concepts and tested practices that have worked, which directors could consider for stronger board performance.  The methodology to be deployed embodies both slide presentation and interactive discussion. Also, multiple case studies and examples from other jurisdictions and related industries will be debated to deepen insights and understanding on the subject matter.  

          EXPECTED PARTICIPANTS

          CEOs, Executive Directors, Non-Executive Directors, Chairmen, Members of Boards, Company Secretaries, Board Advisors, business owners, investors and shareholders in family, private and public firms. Top government functionaries: Ministers, Commissioners, Permanent Secretaries, officials in the Director Cadre, Chairmen and members of Boards of government Parastatals and Agencies. 

          PROGRAMME OBJECTIVES

          At the end of the programme, participants will be able to:

          • Develop and explain Key Performance Indicators (KPIs) for boards

          • Carry out a detailed breakdown of boards’ architecture for boosting performance

          • Debate ideas and perspectives on board dynamics and culture

          • Provide quality input into decision making process on board remuneration that facilitate high performance

           PROGRAMME CONTENT

          • Overview of Boards’ “Key Performance Indicators” (KPIs): The Generic, the Customized and the Competitive

          • Board’s Instruments, Tools, Procedure and Practices for Bosting Performance 

          • Drivers of Board Refreshment- Internal, External, Domestic, Global, Legal, Codes, Dispensational Shifts etc.

          • Boosting Board’s Performance through Effective Board Dynamics & Culture

          Etiquette and Emotional Intelligence for Board's Peak Performance

          Background

          How may boards of diverse minds, different personalities and seemingly opposing perspectives build timely consensus and speak with one voice on a good direction that organisations should take per time? The answer lies in irectors’ disposition, conduct, their respect for boardroom protocols and individual’s sense of emotional intelligence. Boards that pay little attention to these are known by their litany of squabbles, unhealthy camaraderie and, at best, constantly long argumentative meetings that yield little or no productive decisions. In the final analysis, the performance of such boards is weak, if not poor, and the organisation pays dearly for it. To avert this pitfall, perceptive organisations go beyond the teaming nuggets- probably given during board inductions- by exposing their directors to structured capacity enhancement training on improved etiquette and emotional intelligence on the board.     

          This programme is specially packaged to acquaint participants with a high standard of conduct that their role on the board calls for, in addition to established legal and ethical principles. Among other things, participants will enhance learning on etiquette for board meetings, deepening mutual trust and respect for the board protocol, as well as for one another, how to participate in discussion, contribute to debate, and disagree with opinions in a constructive manner, as well as apply stronger emotional intelligence to manage self and others on the board.  

          Target Participants 

          Chairmen, Managing Directors, CEOs, Executive Directors, Non-Executive Directors, Board Members of Private and Public Sector Organisations, Company Secretaries, Board Advisors, Top government functionaries: Ministers, Commissioners, Permanent Secretaries, officials in the Director Cadre, Chairmen and members of Boards of government Parastatals and Agencies. 

          Objectives

          At the end of the course, participants will be able to:

          • Highlight etiquettes that make for directors’ effective performance on the board

          • Discuss the etiquettes that directors should apply before, during and after board meetings 

          • Describe different communication styles during meetings and match what to say with how to say it 

          • Apply emotional intelligence and better knowledge of personality profiles as directors

          Contents

          • Eleven Leading Etiquettes of Highly Performing Board Directors

          • Proper Board Meeting Etiquettes- (Before, During & after Meetings) 

          • Mastering Boardroom Languages and Communication Styles 

          •  How to Apply Emotional Intelligence & knowledge of Personality Profiles on the board

          Directors and the Future of Business: Cybersecurity & AI

          Background

          That cyber-attacks have become a global business risk is a statement of fact. Not only can these dangerous attacks wipe off huge investments within minutes, but they also have the potential to impact national security, economic growth, and long-earned consumer confidence. Today, every organization, regardless of size or geographic location, is a potential target. Preparing for and responding to this growing threat is necessary and it is an executive responsibility.

          Organizations that are the most prepared to mitigate cyber risks have executives that are aware and informed of the current cybersecurity threat environment. In this light, Executives and Boards of Directors set policy, approve budgets, and provide oversight and leadership. Setting the tone from the top is essential. Also, being abreast of developments in Artificial Intelligence (AI) is paramount. 

          Cybersecurity risk management is not primarily an IT issue. It is a cross-departmental responsibility that requires executive leadership and support. It is an organizational imperative.

          The course is specially packaged to deepen the insight of directors and top management executives on the manifold dimensions of cyber-attacks and the attendant risks, as well as how the Board and Management may manage or prevent the risks from crystallizing.

          Target Participants

          Chairmen, Directors, CEOs, Executive and non-executive Directors, CFOs, COOs, Company Secretaries, Legal Advisers and top management executives.  

          Objectives

          Director and the Future of Business Program aims to enhance an organization’s ability to prepare for and respond to cyber-attacks and new technologies by keeping Executives and Boards of Directors up to date on the latest cybersecurity landscape.

          Contents

          • Organizing cyber management priorities

          • Developing a cyber-defense & managing cyber crisis

          • Building a culture of cybersecurity & managing risk

          Governance of cybersecurity & Artificial Intelligence


          Inclusive Leadership: Fostering a Diverse and Equitable Board Culture

           

          Programme Overview:


          Creating and sustaining an inclusive culture may be one of the most difficult challenges in organizational leadership, but its moral imperatives, far-reaching benefits and very low risk of failure have been proven to be too great for any board to ignore in contemporary leadership. For this reason, Diversity, Equity, and Inclusion (DEI) have emerged as a global megatrend in corporate governance practice.

           

          As part of its oversight roles, therefore, boards are expected to evolve pragmatic DEI policies, set goals for management on engendering an inclusive workplace, champion and drive inclusive behaviours and practices, while demanding accountability from management through periodic reports on the organisation’s DEI strategy and the extent to which it is being intentionally implemented.

           

          This course acquaints the participants with fresh perspectives on the principles and practices of inclusive leadership and horn skills necessary for creating and sustaining a diverse and equitable board culture. Directors will learn the importance of diversity in leadership, the impact it has on decision-making and organizational performance, as well as the strategies for fostering a diverse and equitable work environment.

           

          Programme Objectives:

          • Understand the concepts of diversity, equity, and inclusion (DEI) in the context of leadership.

          • Recognize the benefits of diverse perspectives on boards and organizations.

          • Identify barriers to inclusivity and strategies to overcome them.

          • Develop skills to facilitate inclusive conversations and decision-making.

          • Create actionable plans to enhance diversity and equity within board structures.

          Target Participants

          CEOs, Executive Directors, Non-Executive Directors, Chairmen, Members of Boards, Company Secretaries, Advisors to boards, Business Owners, Investors and Shareholders in family, private and public firms. Top government functionaries: Ministers, Commissioners, Permanent Secretaries, officials in the Director Cadre, Chairmen and members of Boards of government Parastatals and Agencies.

          Programme Contents:

          1. Overview of Diversity, Equity, and Inclusion (DEI)

          2. Creating & Sustaining an Inclusive Board Culture

          3. DEI Action Planning and Implementation

            

          AI & Boards’ Strategic Decisions in a Digital Economy

          Programme Overview

          In a digital economy, artificial intelligence (AI) plays an increasingly significant role in shaping strategic decisions. AI offers a wide array of tools that can help organizations make more informed, efficient, and data-driven decisions. However, it also presents several challenges, particularly as decision-making processes become more complex and dependent on technology.


          The integration of AI into strategic decision-making represents both an opportunity and a risk. On one hand, businesses can gain a competitive edge by leveraging AI to make faster, more accurate decisions. On the other hand, improper implementation or over-dependence on AI could result in poor outcomes, ethical dilemmas, and the erosion of trust. So, while it could dramatically enhance strategic decision-making in the digital economy, it requires careful planning, ethical consideration, and a balanced approach that combines both human intuition and technological power.


          This curriculum provides a balanced approach to how Directors could make the most of AI as a productive tool for making strategic decisions in today’s rapidly evolving digital economy.


          Course Objective:

          This course explores the intersection of Artificial Intelligence (AI) and strategic decision-making in the context of a digital economy. At the end of the programme, participants will be able to:

          • Explain how AI technologies connect to transforming business strategies and decision-making processes 

          • Discuss the ethical, organizational, and economic implications of adopting AI in business.

          • Identify key strategic framework in digital economy

          • Apply AI tools in business (e.g., Amazon, Tesla, Netflix)


          Target Participants

          CEOs, Executive Directors, Non-Executive Directors, Chairmen, Members of Boards, Company Secretaries, Advisors to boards, Business Owners, Investors and Shareholders in family, private and public firms. Top government functionaries: Ministers, Commissioners, Permanent Secretaries, officials in the Director Cadre, Chairmen and members of Boards of government Parastatals and Agencies.

          Course Contents

          1. Overview of AI and Strategic Decision-Making

          2. AI & Strategic Considerations in a Digital Economy

          3. AI, Strategic Leadership, Governance & Oversight in a Digital Economy