Enhancing Board Effectiveness - Directors Training Programme

Date:
Sep 20 - 21, 2019
Application Deadline:
Sep 10, 2019
Venue:
Rausing Executive Development Centre, LUMS

Module I:  September 20 - 21, 2019
Module II: October 4 - 5, 2019

Changing market dynamics, globalisation and the increasing scale and complexity in corporations is making the role of boards integral to overall sustainability of the enterprise. Boards have to contend with a host of new pressures, challenges and risks, necessitating them to uphold the highest standards of corporate governance and effective execution of their roles. Whether its regulatory compliance, financial resilience, maximisation of shareholder value, risk management or leadership challenges of the top team, Directors Training Programmme address these unique issues and helps promote sound corporate governance.

In the course of this programme you will learn the best practices of corporate boards, how to leverage your skills to effectively lead, assemble and analyse the right level of information, rise to the challenges of changing times and effectively align the interests of individuals, organisations and society.

 

Enhancing Board Effectiveness programme is offered in two modules comprising of two days each. The covered areas are:

  • Corporate governance codes and an evaluation of their usefulness
  • Regulatory compliance and reporting
  • Framework for board’s effectiveness
  • Role of board of directors, shareholders, management and various committees of the board
  • Board responsibilities and challenges
  • Key legal, political and economic features of governance systems
  • Understanding of shareholder value and financial statements analysis
  • Executive compensation
  • Risk Management
  • Leading change for institutionalising sound governance
 

 

Across Modules, you will be exposed to real-life cases on governance challenges and issues faced globally. Enriched with local anecdotes of board practices and pitfalls the programme will help you: 

  • Develop an in-depth comprehension of the scope and key pillars of corporate governance
  • Effectively interpret the financial information to develop essential financial oversight for enterprise efficacy
  • Enhance your understanding of the organisation’s responsibility to the shareholders value and stakeholders well being
  • Gain contemporary perspectives of corporate governance best practices
  • Effectively manage risk and develop more effective control mechanisms
  • Develop an understanding of the legal provisions governing company management and administration
  • Master the ability to transform your board into an effective functioning unit
  • Enhance leadership skills and develop strategic insight needed to respond to boardroom dynamics
  • Develop interpersonal skills to enhance board dynamics and create influence with multiple stakeholders
 

 

 

  • The programme fulfills the criteria specified for Directors Training Programme under the Code of Corporate Governance and is also endorsed by the Securities and Exchange Commission of Pakistan (SECP).
  • The programme incorporates a blend of real-life case studies, experiential learning exercises, local success stories and interactive discussions providing the participants a distinctive learning experience which is the hallmark of LUMS.
 

 

The programme is suitable for board members as well as top management including managing directors, chief financial officers, chief executive officers, chief operating officers, secretaries to the boards of directors, legal advisors, company secretaries and corporate governance executives who envision moving into a director’s role in future.   

 

Programme Director

KHALID A. MIRZA
Professor of Practice
M.Com, University of the Punjab
Past Experience:
Chairman and Chief Executive: Competition Commission of Pakistan; Chairman and Chief Executive: Monopoly Control Authority, Government of Pakistan; Sector Manager, Financial & Private Sector Development, East Asia and Pacific: The World Bank, Washington DC, USA; Former Chairman: Securities & Exchange Commission of Pakistan

Co-Programme Director
Professor
PhD, Michigan State University
Research Interests:
Organisation Design & Development; Change Management; Leadership & Team Building; Management of Technology & Innovation; Quality Management
Additional Faculty

MUHAMMAD SHAFIQUE
Assistant Professor
PhD, Maastricht University and the United Nations University
MSc in Economics and Business Administration, Copenhagen Business School, Denmark
Research Interests:
Corporate Strategy and Organization; Technology and R&D Strategy; Innovation and Technological Change

Associate Professor
PhD, University of Manchester
Research Interests:
Corporate Finance; Privatisation Policy; Regulation of Utilities; Financial Institutions & Markets; Social Enterprise

"Governance has always been a complex challenge. The Directors Training Programme by LUMS offers a unique combination of insights to handle governance related challenges in a proactive way. It touches upon all the concerns and goes deep into the relevant critical areas."

Shahzad Saleem - PACRA


                                                        "The Directors Training Programme at LUMS brought new perspectives on corporate governance. The programme gave me a step in the right  direction about corporate governance. It’s a platform to build upon and what to expect in the real world. Does not teach you everything but gives a flavor of what to expect in real life."

Muhammad Zeeshan Chaudhry - HAC Agri Pakistan

 

 

Programme Fee PKR 200,000
Residential Fee PKR 57,000

* Programme fee includes tuition cost, reading material, tea and lunch served during the programme. 

ACCOMMODATION
If you wish to avail accommodation at LUMS, there will be additional fee. It includes accommodation, breakfasts and dinners for the duration of the programme. However, any extra charges such as telephones, extra meals etc should be paid on departure. You may check-in on the evening preceding the start date of the programme and check out the morning after the programme ends. You are, however, requested to inform us of the time of your arrival and departure.

We offer single bed accommodation at the Rausing Executive Centre. Each bedroom with attached bathroom is equipped with mini-fridge, writing desk and direct dial STD/ISD telephone and cable TV. All bedrooms at REC are internet-ready. Please note we do not provide accommodation for drivers accompanying participants.

ADMISSION PROCESS
Applications will be screened with regard to their suitability for each programme. Kindly ensure that your complete online application form reaches the office by the deadline. Incomplete application forms will not be entertained.

*Seat in the programme will be reserved on a first-come, first-serve basis.

PAYMENT
Payment is due upon receipt of the acceptance letter along with the invoice. Please ensure that the payment reaches the office BEFORE the start of the programme. Space in the programme may only be ensured after we receive the fee.

Our preferred mode of payment is by cheque/banker’s draft payable to Lahore University of Management Sciences. Personal cheques will not be entertained. However, the programme fee can also be paid via bank transfer. 

Please send the cheque to:
Marketing Manager
Rausing Executive Development Centre
Lahore University of Management Sciences
Sector "U", DHA, Lahore Cantt. Lahore - 54792
Tel: +92-42-35608119-8243

* LUMS is a non-profit organisation under the Income Tax Ordinance 2001. Accordingly, the income of LUMS is not tax deductible/collectable.

DISCOUNT POLICY
If more than one executive from the same organisation participate (up to a group size of 10 participants), each additional participant after the first one gets a 10% discount on the programme fee.

SUBSTITUTES/TRANSFERS AND REFUNDS
If you are unable to attend a registered course, we will accept a substitute until 2 working days before the programme. Substitute candidates will be subject to the same selection process as the original one. If you wish to cancel your name from a programme, please notify in writing or on call at least 5 working days before the programme. In 
case of late cancellation, the course fee will be refunded after deducting an application processing fee of PKR 40,000.

It is possible to transfer deposited fee to any open enrolment program within 3 years. Transfers should be notified at least 5 working days before the programme. In case the participant or sponsoring organisation fails to utilize the funds within 3 years, the deposited fee will be forfeited.

Note: REDC may cancel or postpone a programme due to insufficient enrolment or unforeseen circumstances. In this case, university will refund registration fee but will not be responsible for any other related charges/expenses including cancellation/change charges by airline and travel agencies.

In case of postponement, the fee may be transferred to the rescheduled offering of that programme or any other programme as an alternate to refund. The University reserves the right to make changes in its programme policies and fees at any time.