Directorship Journey
The framework is designed to support
directors of all organisations, whether listed entities, statutory
boards, private companies, family firms, high-growth ventures or
nonprofit organisations.
A director might start by going through a series of core modules
covering each of the eight competencies. The director could subsequently
earn badges by taking up supplementary modules to gain knowledge and
skills specific to board roles, functional expertise and organisation
type.
For example, a director serving on nonprofit board might complement the
core modules with badges in volunteer management or fundraising. Another
director of a listed entity would need to acquire the badges that come
with the completion of programmes mandated by Singapore Exchange
Regulation for first-time directors.
The Accreditation framework also enables directors to chart their
personal continuing education roadmap to ensure they stay current and
relevant.
There are many paths to board directorship. This Accreditation framework
is designed to enable leaders from diverse backgrounds to effectively
serve as directors of the organisations they helm.
Acknowledgements
SID would like to thank the many Council
and Committee members for their invaluable contribution over the years
in the development of the Accreditation framework. They have
collectively conducted research into certification programmes offered by
professional bodies, studied competency models and frameworks of
numerous institutes of directors around the world, and consulted with
regulators, policymakers, academia, registrars, experts and
practitioners. Their insights, expert advice and guidance were
instrumental in the development process.
SID would also like to acknowledge representatives of third-party bodies
including ACRA, Singapore Exchange Group and Charities Unit for
reviewing and supporting the Accreditation framework. Their views are
critical in ensuring that the Accreditation framework meets SID's
objectives of developing a framework that is relevant to directors of
all organisation types.
More details about the accreditation process will be shared in October 2023. Please visit this page again or email [email protected] should you have any enquiries.