A well functioning board of directors is key to the performance of companies and their capacity to attract capital and good corporate governance is key to the effective functioning of the board. A sound corporate governance framework helps ensure that corporate boards effectively monitor managerial performance, use resources wisely, and achieve an adequate rate of return for shareholders, while preventing conflicts of interest.

Directors need a firm understanding of corporate governance to fulfill their duties effectively and responsibly. They also need to keep abreast of practical and theoretical developments in the direction of their company. This calls for adequate and specialized training and professional development.

This course discusses the importance of training directors and describes the types of organizations that engage in training directors. It provides the basic information needed to launch a director training organization.