Directors' Consortium
OVERVIEW
Learn critical oversight strategies and board leadership skills from key faculty from Stanford Business School, Stanford Law School, University of Chicago GSB and Tuck School of Business. This ISS-accredited program provides frameworks, strategies, and best practices for structuring decisions in the key policy areas that directors face. The program is comprehensive, and draws on the research and practical knowledge of faculty from three world-class universities and leading experts in governance practice. Participants will learn about board structure and processes, strategy, financial policy, financial reporting, compensation, fiduciary duties, litigation risk, CEO performance evaluation, and succession. This unique, three-day program is intimate in size, fostering interactions between participants, with faculty, and with leading governance practitioners. Directors will develop a deeper understanding of business and governance to apply to the issues facing their boards. East meets West meets mid-West academic institutions, let this be the governance program for you for 2009.
Past Participants Say:
"The instructors had a thought-provoking style that made a real impact on my thinking. I left with a framework and understanding of best practices that will make me a more effective board member."
- Edward R. Bonifas, Director, Old Second Bancorp
KEY TOPICS
- Building Effective Boards
- Directors' Fiduciary Duties: The Core Duties of Directors and What They Mean in Practice
- What is Good Governance?
- Evaluating Corporate Strategy
- Evaluating Financial Transactions and Policy
- Oversight of Financial Reporting and Communicating with Shareholders
- Executive Compensation and Incentives
- Power and Influence in the Boardroom
- Succession Planning
Optional Finance Day: Financial Accounting Foundations February 24, 2009
An optional full-day session at the beginning of the program provides an excellent foundation in finance and accounting basics for those with limited financial backgrounds or for those who would like a concentrated refresher from a board-level perspective. Those who are unfamiliar with basic accounting principles, such as the relationships among the balance sheet, the income statement, and the statement of cash flows, should consider attending the optional finance and accounting basics day. The optional Finance Day offered February 24, 2009 will begin at 8:30 am and end at 5:00p.m. There is an additional charge for this session.
PROGRAM OBJECTIVES
- Increase participants'understanding of their roles and responsibilities in the corporate governance environment
- Gain frameworks and strategies to effectively manage the critical issues confronting board members today
- Increase participants' effectiveness in influencing and communicating board decisions
FACULTY
- Michael Klausner, Nancy and Charles Munger Professor of Business and Professor of Law and Associate Dean for Research and Academics, Stanford Law School
- David F. Larcker, James Irvin Miller Professor of Accounting, Stanford Graduate School of Business
- Sydney Finkelstein, Steven Roth Professor of Management
- Steven N. Kaplan, Neubauer Family Professor of Entrepreneurship and Finance, The University of Chicago Graduate School of Business
- Roman L. Weil, V. Duane Rath Professor of Accounting, The University of Chicago Graduate School of Business
PROGRAM FEE
$7,500
The fee covers tuition, books, and all materials. The application deadline is January 26, 2009.
CONTACT INFORMATION
Mail:
Stacey Gray
Stanford Graduate School of Business
Office of Executive Education
518 Memorial Way
Stanford, CA 94305-5015
Telephone: (866) 542-2205 toll free U.S. and Canada
Fax: (650) 723-3950
E-mail: executive_education@gsb.stanford.edu
Website: www.directorsconsortium.net
