Training in the boardroom can ensure that board members have the information and skills required to make informed decisions about governance. These training sessions usually teach the fundamentals of board structures and resolutions, bylaws, and best practices for governance. Some programs also focus on leadership and board dynamics. This type of training is delivered via seminars, workshops and conventions.
In-boardroom training can be a part of the overall board development program for both new and incumbent directors. It is typically led by a trainer with previous experience who can offer insight into the nuances of the subject and issues relevant to the company.
The course usually lasts three days and participants receive a variety of resources to help them gain knowledge. This includes a customized curriculum that is designed to establish a solid foundation of leadership and governance knowledge. Participants are encouraged to take on the role of a board member, and gain practical experience by participating in real-world scenario-based learning sessions.
The program also covers a variety of other subjects that assist board members in their learning such as self-assessment of board members in addition to board effectiveness and strategic planning. The program also focuses on developing effective teamwork and communication skills. It offers practical tools to improve the overall performance of the board.
