Executive Education Programs Program Information


STANFORD Graduate School of Business - USA

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  Directors' Consortium

Directors' Consortium

Program Dates: April 8-11, 2014
Optional Finance Day: April 7, 2014
Application Deadline: March 7, 2014
Program Tuition: $9,500
Location: Stanford, CA
 
Finance and Accounting Day  (Optional): $1,500
 
The program fee includes tuition, books, and some meals.

Accommodations: Schwab Residential Center
www.gsb.stanford.edu/schwab
 
The Directors' Consortium is a joint offering by the Stanford Graduate School of Business, the Stanford Law School, the University of Chicago Booth School of Business, and the Tuck School of Business at Dartmouth.

Corporate board members face new challenges and have an increased recognition of their responsibilities since the wave of governance reform swept in. The Directors’ Consortium goes beyond compliance to explore how directors can best represent shareholders and other stakeholders in their advising and oversight roles. The program gives participants the frameworks and strategies to understand the current governance environment and to carry out their responsibilities. Directed by distinguished faculty members, this program provides frameworks, strategies, and best practices for structuring decisions in the key policy areas that directors face.

This comprehensive program focuses on strengthening participants’ understanding of the board’s oversight and advisory roles and explores ways to serve these roles more effectively. The program draws on the research and practical knowledge of world-class faculty and leading experts in governance practice. Participants will learn about board structure and processes, financial policy, financial reporting, compensation, fiduciary duties, litigation risk, and CEO performance evaluation and succession. This unique three-day program is intimate in size to foster interactions among participants, faculty members, and leading governance practitioners. Directors will develop a deeper understanding of business and governance to apply to the issues facing their boards.
  
Key Takeaways
- Increased understanding of your role in the corporate governance environment
- Frameworks and strategies to help you effectively manage the critical issues confronting board members today
- Overview and development of key frameworks for legal and prudent strategies to help boards navigate in today’s litigious environment
  
Optional Finance Day
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.

Who Should Attend
The Directors’ Consortium is a dynamic, cross disciplinary, research-based executive program focusing on the role of directors in driving and sustaining corporate success even in uncertain times. The 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 be relevant to private or family company boards and nonprofit organizations, but not all of the specific regulations and processes of public companies will apply. Participants will gain leading-edge strategies, frameworks, and best practices for making crucial board decisions in a changing environment.


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