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Lesson 20 B5dB5cB2b

Induction, training and performance evaluation

In this lesson, you'll learn how to embed three essential governance practices into your corporate governance regime: director induction, continuing professional development, and board performance evaluation. These practices ensure boards are equipped to make informed decisions and operate effectively.

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In this lesson

  1. 0:00 Induction training and performance evaluation overview
  2. 0:13 Purpose and objectives of director induction
  3. 1:00 Key induction content and governance framework
  4. 2:09 Director CPD and continuous professional development
  5. 4:08 Board performance evaluation and accountability

About this lesson

Director induction sets the foundation for new board members. You'll discover the key purposes: providing orientation to the organisation's structure, business model and stakeholders; ensuring understanding of governance policies, regulatory requirements and key risks; and enabling directors to integrate and network within the boardroom. The Institute of Chartered Secretaries and Administrators provides guidance on induction content, covering organisation structure, governance framework, strategic plans and codes of conduct. Director CPD challenges the assumption that experienced board members don't need ongoing development. You'll explore how CPD keeps directors updated with regulatory changes, addresses skills gaps, brings fresh perspectives to the boardroom and maintains professional standards across the board. Finally, you'll understand why board performance evaluation is now considered best practice. Evaluations typically involve self-assessment, peer review and external evaluation by third-party consultants who benchmark your board against comparable organisations. This process holds the board accountable, identifies governance strengths and weaknesses, ensures alignment with organisational goals and assesses the skills mix and diversity needed for effective board composition.

Duration: 6m

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