Life @ Blue Ocean
عربي

Corporate Governance

Course Objectives:

  1. Introduce participants to the concept of Corporate Governance and its importance in ensuring transparency and integrity within organizations.
  2. Enable participants to understand the role of governance in enhancing organizational performance and ensuring compliance with laws and regulations.
  3. Teach participants how to design and implement principles of corporate governance such as the separation of powers, oversight, and reporting.
  4. Help participants understand the relationship between governance and business sustainability, and how to balance the interests of different stakeholders.
  5. Empower participants to develop governance strategies that contribute to improving risk management, transparency, and accountability within the organization.

Course Modules:

Day 1: Introduction to Corporate Governance

  1. Concept of Corporate Governance: Defining governance and its role in promoting transparency, accountability, and organizational efficiency.
  2. Basic Principles of Corporate Governance: Reviewing key principles such as transparency, accountability, fairness, and participation.
  3. Importance of Governance in the Organizational Environment: How governance helps build trust among stakeholders, including shareholders, customers, and employees.
  4. Differences Between Corporate Governance and Traditional Management: Distinguishing between governance and day-to-day management, and understanding how both integrate to achieve organizational goals.

Day 2: Roles and Responsibilities of Stakeholders in Governance

  1. Board of Directors: The role of the board in developing and implementing governance strategies and guiding the organization towards its strategic goals.
  2. Executive Management: How executive management plays its role in applying corporate governance policies and overseeing daily operations.
  3. Shareholders and Stakeholders: Identifying the role of shareholders and stakeholders in decision-making and influencing governance strategies.
  4. Role of the Internal Governance Committee: Exploring how to establish an internal governance committee and its role in overseeing the implementation of governance standards.

Day 3: Mechanisms and Tools Used in Corporate Governance

  1. Internal Controls and Tools: Reviewing internal control tools and how they can be used to ensure compliance with institutional policies and regulations.
  2. Reporting and Transparency Systems: How to design and implement financial and non-financial reporting systems to enhance transparency within the organization.
  3. Enterprise Risk Management: The role of governance in managing risks within the organization, and how to assess and mitigate potential risks.
  4. Compliance and Regulatory Standards: The importance of compliance with legal and regulatory standards within the framework of corporate governance.

Day 4: Developing and Implementing Corporate Governance Policies

  1. Designing Governance Policies: How to design corporate governance policies that align with organizational goals and comply with legal standards and regulations.
  2. Policy Implementation Mechanisms: Strategies for applying corporate governance policies across all levels of the organization.
  3. Continuous Evaluation and Review of Governance: How to evaluate the effectiveness of governance policies and practices, and identify areas for improvement.
  4. Corporate Social Responsibility (CSR): The role of governance in enhancing corporate social responsibility and its impact on the organization’s reputation.

Day 5: Corporate Governance in the Face of Future Challenges

  1. Innovation and Technology in Governance: How technologies like Artificial Intelligence and Blockchain can contribute to improving corporate governance practices.
  2. Future Challenges in Governance: Discussing future challenges organizations may face in governance, such as changes in laws, government oversight, and digital risks.
  3. Building a Governance Culture within the Organization: How to establish an organizational culture based on transparency, accountability, and governance values.
  4. Case Studies: Analyzing real-life case studies of organizations that successfully implemented governance and how they benefited in terms of performance and sustainability.

Course Conclusion:

  • Comprehensive Review: A detailed review of all the topics covered during the course.
  • Practical Workshop: A hands-on session to develop a practical corporate governance plan applicable to the organization based on global standards.
  • Certificate Distribution: Presentation of course completion certificates.

This course aims to empower participants with the knowledge and skills needed to understand and apply effective corporate governance principles that improve organizational performance, ensure compliance, and reduce risks, in line with best international practices, thereby enhancing transparency, accountability, and sustainability within organizations.