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What Graduates from our Certification Program have to say:
"Thanks for making me ready to serve. I feel confident and eager in my new board role!"
“BoardWise’s certification course is just what I needed. The instructors are amazing! I am finding the practical training on how to think and communicate as a board member to be tremendously valuable.”
"I went through a 9 week Board Certification program,conducted by BoardWise that will enable me to serve on corporate Boards. The program brought into focus some of the advanced knowledge that Board members need to know - Cyber Security, Compliance with SEC and other federal organizations, DEI and various other topics. My interests lie in health care and/or biopharma companies in early to middle stages of growth.I want to thank Donna Hamlin for suggesting the program and all the great facilitators who conducted this program. I have served on many not-for-profit Boards (in leadership positions) in the Bay Area. This will lead me into my first foray into corporate boards - private or public. I am truly excited about this opportunity.
"Thank you for your Boardwise training. It's nothing short of life changing so far! Every session challenges how I think about work, companies and our impact - in a big way!"
"Thanks for the BoardWise course! It was excellent content and great learning for me and I love the guidance and coaching in my board work journey."
Make Room on Your Calendar for More Board Work Ahead:
Boards Are Not Bored, They Are Growing!
by Donna Hamlin, Ph.D.
By: Donna Hamlin, Ph.D.
As boards take on broader issues and challenges -- all during social, global and economic uncertainties -- boards are changing in size, composition, committee structure and frequency of meetings to meet their growing duties. This means changes are underway.
More Directors and Expertise in Board Composition
Board’s roles are expanding to include ESG issues, cybersecurity, climate change and long-term strategy. To meet this, boards are adding new subject matter experts to contribute to areas in risk management for cybersecurity, diversity, environmental changes and long-term strategic thinking. While board sizes historically range between 5-9 directors, shifts are underway to meet the new work ahead, with boards of 9-11 directors.
New Committees and Structure Changes
While stock exchange standards call for companies to have at least three committees – audit, nomination and governance and compensation – the majority of boards of large companies have evolved to four or five committees and are now growing even more. As of June, 2022, the S&P 500 companies with now six committees has grown to 13% this year. To be fair, smaller companies with revenues less than $100 million have three or fewer committees and fewer directors currently.
By industry, the types of companies taking the lead in expanding
their committees are in financial, materials and utilities sectors. Others are beginning to follow.
The growth and change in committee types is important to evaluate for your board planning. To supplement the audit, compensation and nomination and governance committees, the new ones emerging are:
Committees % of S&P Co. with Committee in Place
Executive Committee 30%
Finance Committee 27%
Science and Technology Committees 16%
Risk Committee 13%
Health/Environmental Safety Committees 11%
More Board Meetings
Prior to the pandemic, board meetings were most often six times a year. During the first year of the pandemic, boards meeting frequency spiked while boards met to address the challenges and to keep all informed. Since then, boards continue to meet more often than before they did during the pandemic. The range is shifting to a range of eight to twelve meetings per year.
More talent, more topics and more time ahead! It is a smart time to bring your board together to explore the design for your future. We are here to help with planning, redesign, best practices and qualified directors.
The Conference Board ESGUAGE 2022
Corpgov.law.harvard.edu/2022/08/30/Board Leadership, Meetings and Committees
INITIAL ORIENTATION –assessment and personal one-one one video call with Boardwise expert
Participants complete an online Board Bona Fide® assessment to establish current board readiness. You have a one-hour private session with a board expert coach to review your profile; discuss what type of board is the best match and explore suggestions for how to achieve your goal to serve on a board.
GOVERNANCE EDUCATION SESSIONS– live educational sessions online
The live interactive program includes nine sessions, each of which is two hours.
Governance Sessions Topics
FUNDAMENTALS OF BOARD SERVICE
BOARD’S ROLE IN STRATEGY AND INNOVATION
BOARDS AND BIG DECISIONS: CYBER SECURITY AND RISK MANAGEMENT
BOARDS AND BIG DECISIONS: ARTIFICIAL INTELLIGENCE AND DECISION-MAKING
BOARDS AND BIG DECISIONS: ROLE OF BOARDS IN THE DIGITAL AGE
THE CEO, YOUR BOARD STYLE AND BOARD DYNAMICS
SOLUTIONS FOR SPECIFIC CHALLENGES
Why This Program?
Taught by world-class global experts in corporate governance, you will:
Learn the latest in governance issues and how to manage them;
Prioritize board roles and responsibilities;
Understand the economic, legal, reputation and fiduciary responsibilities of directors;
Feel empowered to ask the right questions and make important decisions
Understand and improve your effectiveness on a board;
Learn about best practices forevaluating company financial and strategic performance;
Improve committee effectiveness and personal director contributions;
Consider ways to improve board mix, meeting effectiveness, relationships with shareholders and stakeholders and increase overall corporate reputation;
Compare practices and ideas with director colleagues from other companies who participate;
Become a more effective, knowledgeableleader in corporate governance.
Faculty for the Program
Dr. Donna Hamlin Professor Dr. Fred van Eenennaam
Jen McClure Marilyn Nagel
Join those board directors who understand: learning is a permanent commitment for board members.