SDP - SID-SMU Directorship Programme

 

Level

Advanced.

Course description

The SID-SMU Singapore Directorship Programme (SDP) was launched in 2007, the first local director training programme with formal certification. The partnership brings together Singapore Management University’s academic excellence and strength in delivering executive programmes with the Singapore Institute of Directors’ strong network of business leaders in the corporate sector. Set within an Asian context, this unique six-module programme provides a 360-degree board-level view of key strategic areas and issues faced by company directors. It aims to enhance participants’ boardroom skills and update their knowledge and ability to lead in challenging times.

The programme is organised in two tiers. Participants can obtain an Executive Diploma in Directorship by completing all six assessable modules successfully. Alternatively, participants can obtain an Executive Certificate in Directorship by completing the first three modules successfully. The modules can be taken non-sequentially, providing scheduling flexibility. Graduates from the Programme may be invited to apply to become SMU Associate Alumni.

Course objectives

  1. Increased understanding of the role of company directors.
  2. Provide practical frameworks and strategies to effectively manage critical issues around risk management, corporate social responsibility (CSR), C-level succession planning and compensation, and more.
  3. Overview and development of  key frameworks for legal issues and prudent strategies to help boards navigate in today's litigious environment.
  4. Facilitate soft skills development for managing relations and challenging discussions among board members.

Course outline


SDP1: The Role of Directors: Duties, responsibilities and legal obligations.

  • Board structure, operations and responsibilities to stakeholders and of the board.
  • The role and duties of directors on a board, and directors’ inter-relationships.
  • Overview of the Companies Act and SGX listing regulation as it applies to directors and how directors can fall foul of this legislation.
  • Implications and consequences of a breach of director obligations.
  • Case studies for discussion and application.

SDP2: Assessing Strategic Performance: The board-level view.

  • The role and responsibilities of the board in the oversight of company strategy.
  • Understanding both organic and inorganic pathways to value growth.
  • The use of influence and persuasion to achieve desired strategic outcomes.
  • How to better structure board discussions to reach beneficial strategic outcomes, avoid common decision biases, and positively challenge management.
  • Case studies to understand the role of directors in charting board strategy and in conjunction with management.

SDP3: Finance for Directors.

  • Evaluation of the financial health of the company using accepted methods in financial statement analyses.
  • Understanding how to evaluate and make rationale financial decisions.
  • Identifying the different sources of funds for a company.
  • Dividend decisions and policies.
  • Effective investment decisions.
  • Integrated assurance framework and internal controls.
  • Creating long-term shareholder and stakeholder value.
  • Ensuring appropriate effective investment decisions.
  • Case studies to understand the financial implications of board decisions and whether these are aligned with company strategy.

SDP4: Risk and Crisis Management.

  • Lines of defense to ensure effective controls within the firm.
  • Early warning systems to alert the board and senior management to emerging risks.
  • Strategies to anticipate and prevent crises from occurring.
  • Risk management strategies.
  • Crisis response to ensure business continuity.
  • Risk appetite/tolerance levels and strategy.
  • Developing a risk aware organisational culture.
  • Case studies and application of principles through group discussions.

SDP5:  Board Governance and Strategic Corporate Social Responsibility.

  • The board role in corporate governance, including ethics and values.
  • Board composition and diversity.
  • Role of board independence from management, making challenging decisions in a cooperative and constructive manner.
  • Strategic CSR and sustainable business value.
  • Integrating CSR into a company’s core business objectives.
  • Impact of environmental, social and governance issues on investor relations
  • Case studies on critical principles for governance and CSR.

SDP6: Effective Succession Planning and Compensation Decisions.

  • Roles and responsibilities of the nominating and remuneration committees.
  • Succession planning programme for the board and senior management.
  • Ensuring continuity of talent in key leadership positions.
  • Board performance evaluation.
  • Talent management.
  • Effective compensation plans to align with talent strategy creating shareholder value.
  • Executive compensation schemes and policies.
  • Directors’ risk/reward considerations and D&O insurance.
  • Case studies relating to the nominating and remuneration committees.

Target audience

Aspiring, newly-appointed and current board members, senior management of corporations, government and nonprofit organisations and senior partners of professional firms who interact with corporate boards and would like to understand the intricacies of board roles and responsibilities.

Course duration

6 modules (2–3 days per module).

Format

Interactive classroom lectures by leading faculty and senior industry practitioners, with regional and global case studies discussion. Group interaction and simulations are integrated into the sessions.

 

Course Dates

Module 1 – The Role of Directors: Duties, Responsibilities & Legal Obligations
Run 1: 4th to 6th Jan 2023 (Wed to Fri)
Run 2: 3rd to 5th May 2023 (Wed to Fri)

Module 2 – Assessing Strategic Performance: The Board Level View
Run 1: 8th to 10th Feb 2023 (Wed to Fri)
Run 2: 21st to 23rd June 2023 (Wed to Fri)

Module 3 – Finance for Directors
Run 1: 15th to 17th Mar 2023 (Wed to Fri)
Run 2: 25th to 27th July 2023 (Tue to Thur)

Module 4 – Risk & Crisis Management
Run 1 & 2: 7th to 8th Sept 2023 (Thur to Fri) - Tentative

Module 5 – Board Governance & Strategic Corporate Social Responsibility (CSR)
Run 1 & 2: 12th to 13th Oct 2023 (Thur to Fri) - Tentative

Module 6 – Effective Succession Planning and Compensation Decisions
Run 1 & 2: 23rd to 24th Nov 2023 (Thur to Fri) - Tentative

 

Course Fee


Leading to the award of
Module 1-3 (3 days per module)
SID members: $3,715.20
(incl. 8% GST) per module
Non-members: $4,147.20
(incl. 8% GST) per module

SID members:  $10,627.20 (incl. 8% GST) 3-module package
Non-members: $11,923.20 (incl. 8% GST) 3-module package
Executive Certificate in Directorship
Module 4-6 (2 days per module)
SID members: $2,678.40
(incl. 8% GST) per module
Non-members: $3,110.40
(incl. 8% GST) per module

SID members: $7,776.00
(incl. 8% GST) 3-module package
Non-members: $9,072.00
(incl. 8% GST) 3-module package
-
Module 1-6
SID members: $18,403.20
(incl. 8% GST)
($10,627.20 + $7,776.00)

Non-members: $20,995.20
(incl. 8% GST)
($11,923.20 + $9,072.00)
 Executive Diploma in Directorship

 

CPD hours

24 hours per 3-day module; 16 hours per 2-day module.
(120 hours total for the complete programme)


Register on SMU website        SID-SMU Directorship Programme Flyer