Entry Module: Introduction to Governance
Learn the core functions of board responsibilities and operations, including regulations and legislation, shareholder and stakeholders interest, and the differences between board and management responsibilities. Explore the importance of financial literacy through reviewing reports and budgets.
The three units are entry requirement units for all students who have not completed the Certificate IV in Governance. As such, they offer an introductory overview of several governance topics that will be explored in greater detail in later modules.
*please see Course Entry Requirements below for more information
Module 1: Defining Governance Roles
Dive deeper into the roles and responsibilities of board and committee members. Explore the board’s role in compliance and performance, particularly the management and oversight of operations, appointing the CEO, the use and implementation of a constitution and board charter, and working within the overall structure of the organisation.
Module 2: Functions of the Board
Arguably the board’s most important performance function is the development and review of the organisations short and long-term vision, purpose and strategic planning. Explore the importance of ethics and social responsibility in strategic planning and look at effective ways of engaging and communicating with stakeholders. Explore the importance of identifying, promoting, and reviewing environmental, social and governance advocacy issues in the boardroom.
Module 3: Managing Risk and Finances
Address the importance of risk management and the boards’ role in determining and implementing appropriate risk management strategies. Learn valuable skills in establishing the risk context and appetite for the strategic goals of an organisation. Identify risks both internal and external to the organisation. Select and implement appropriate risk treatments. Furthermore, this module builds on the importance of financial literacy as a board member and explore important financial processes, management and reporting requirements.
Module 4: Board Leadership and Effectiveness
Gain a strong understanding of effective board leadership and management. Focus on the importance of emotional intelligence, communicating with influence, and managing meetings within the boardroom context.
All areas of effective leadership and communication rest on self-awareness, management, and the implementation of clear processes. This allows for effective discussions and decision-making in the boardroom.
Module 5: Board Evaluation and Compliance
Learn about critical board and individual member evaluation processes. Cover areas within governance that require the management of conflict and compliance within an organisation.
You will gain the knowledge and skills required to enforce the diverse roles, responsibilities, codes of conduct and behavioural protocols required of committee or board members, whilst managing the compliance requirements within an organisation.