Board Oversight and Spotting the Warning Signs for Management Failure

Managing CEO Succession Process

Current Topics in CEO Compensation

Audit Committee -- Qualifications, Responsibilities, and Content

Finance

The Board's Legal Duties and Liability Risks



The Directors' Consortium is accredited by Institutional Shareholder Services as a Preferred Boardroom Education Program.

Future sessions of this program will rotate among Chicago and Tuck.

The next date for the Directors' Consortium is scheduled for August 12-15, 2008 in New York City.
The Directors' Consortium is a joint offering by the University of Chicago Graduate School of Business and the Tuck School of Business at Dartmouth. The next session will be held on August 13-15, 2008 in New York.
Program Dates and Fees
4 Day Combination in New York City, Aug. 12-15, 2008 $7,250.00 Register Now
3 Day Standard in New York City, Aug. 13-15, 2008 $6,150.00 Register Now


In light of recent regulatory changes and reduced public confidence, becoming an educated board director is a necessity, not an option. Now more than ever, board members need to understand their fiduciary, legal, and ethical oversight responsibilities. The bar has been raised for all directors. Boards must focus on performance, not conformance. Sooner or later, the capital markets will vote on your company's performance; at that point, the company's performance and your governance are one and the same.

As a director, what sorts of questions should you be asking management, or outside experts? What level of expertise should you bring to an audit or a finance committee? What should shareholders expect from you as a director; what should you expect from management? How can you ensure that the governance decisions you make are best for the company?

The Directors' Consortium offers even experienced directors the benefit of a research-based, comprehensive approach to the complex decisions that board members must make. Taught by faculty from accounting, finance, law, public policy, and strategic management, this program will help you build a best practices framework for thinking about and making informed board decisions.
Optional Finance Day: Financial Accounting Foundations
August 12, 2008
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 August 12, 2008 will begin at 8:30 am and end at 5:00p.m.
Benefits
By Attending This Seminar You Will:
  • Understand the essential questions that board members need to ask management and outside experts regarding financing, disclosure, governance, succession planning, compensation, and litigation.

  • Learn what Audit Committee members should know about revenue recognition, off-balance sheet financing, and accounting methods and disclosures.

  • Develop frameworks for legal and prudential strategies to help boards navigate in today's litigious environment.

  • Understand and benchmark against best practices in corporate governance.

  • Develop tested strategies for managing CEO succession and evaluating executive compensation.

  • Evaluate the role of the board in strategy development, evaluation, and evolution.
Who Should Attend
This research-based program is specifically designed for those who already are, or are about to become, members of a board of directors of a public company. Board members of companies that aspire to become public in the near future will also benefit, as will those who serve on boards of foreign corporations that are listed or aspire to be listed on U.S. exchanges. The disciplines covered will have applicability to private or family company boards and non-profit organizations, but not all of the specific regulations and processes of public companies will apply.
Program Outline
  • Financial Reporting issues for Corporate Board Members
  • Board Oversight and Spotting the Warning Signs for Management Failure
  • Managing CEO Succession Process
  • Current Topics in CEO Compensation
  • Audit Committee -- Qualifications, Responsibilities, and Content
  • Finance
  • The Board’s Legal Duties and Liability Risks
  • Understanding Potential Bias in How Managers and Directors Behave
The Directors' Consortium is accredited by Risk Metrics Group, ISS as a Preferred Boardroom Education Program.
The Directors Consortium is also registered with the NACD Corporate Directors Institute to provide 8 Certificate of Director Education (CDE) credits.


Register Today for 2008 NYC Sessions

4-Day Combo (Aug 12-15)
Register Now

3-Day Standard (Aug 13-15)
Register Now