Understanding Director's Duties, Responsibilities and Liabilities In-house Training

Course overview

A Directorship can be daunting, especially if you are not fully up to date with the responsibilities and liabilities associated with the role. There are many duties to get to grips with and pitfalls you must avoid. 

The pace of changes to regulations and stakeholder expectations, together with the social, political, and technological forces impacting business mean that the role of a director has rarely been under more focus and pressure.

A directorship cannot be taken lightly. There are many legal responsibilities and obligations connected with the role of Director, and sanctions for when things go wrong.  A lack of knowledge or understanding is rarely a good defence should the worst result occur, and it certainly isn’t acceptable to many stakeholders; therefore, it is more important than ever to ensure that you fully understand the role and associated responsibilities. 

Furthermore, the best informed and equipped Directors will find the role more satisfying and will bring greater added value to their Board and the wider business.  This one-day course will give you the knowledge to help you fulfil your statutory duties and make a positive contribution to your organisation.

This fully immersive, comprehensive and interactive day of learning will provide a thorough insight into the Director’s role, responsibilities and potential liabilities.  The expert trainer will help you to focus on pragmatic good practice solutions while focussing on the guidance and regulations. There will be ample time throughout the day to ask your questions so you are clear on your role and how to avoid the potential liabilities.

This training course is part of our series of Corporate Strategy Training Courses covering the essential skills and best practices for all Company Directors and Company Secretaries, as well as business leaders and entrepreneurs.

Benefits of attending

By attending this course you will:

• Understand the statutory duties of a Director
• Be aware of Board and sub-committee structures and how they work together
• Learn about preparing for and attending the different types of meetings
• Gain an increased confidence in your performance as a Board member
• Examine the role corporate governance plays
• Identify stakeholders and communication strategies to maintain a good reputation
• Get to grips with the potential liabilities, sanctions and indemnities that could impact the Directors role

 

Who should attend?

All new, or aspiring, Directors who want to add value to their role and become a high-performing member of the Board should attend this valuable course. Plus all those experienced Directors who need a refresher to reflect and learn about changes that could be relevant to them.