CORPORATE GOVERNANCE, BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

Live-Online Training: N 188,125.00
Classroom Training: N 279,500.00
3 - 4 participants: 5% discount
5 or more participants: 10% discount

This programme can run as an online or classroom training

(Available also for Customised Training by Duration, Venue & Fee)

Executive Summary

Corporate Governance, (rules, regulations, legislations and principles) that help a firm

operate, has more or less been well defined and structured in the private sector;

however, corporate governance in the public services has recently been gaining

attention because of the scope and impact of public service delivery. Public

governance knowledge is important to ensure efficiency and quality of public service,

which determines the quality of life. Corporate governance is important for public

companies to scale up and for large ones to garner the interests of investors.

Because of the scope of service, the public sector faces a high risk of corruption,

fraudulent and unethical practices, dissatisfaction and lack of alignment of

employees, disagreements and lack of interests by managing committees, etc. Poor

corporate governance in the public sector could affect a state or organisation’s

credibility, integrity and, in turn, its financial health and stability.

Course Highlights

The prime objective of this course is to empower public sector professionals with:

• An in-depth understanding of Corporate Governance in Public Services, including:
• All spheres of management – action plans, internal controls as policies and procedures to protect against fraud and misconduct, performance governance for quality delivery, disclosures for transparency and for building trust and credibility, etc.
• The necessity of proper corporate governance in the public sector
• Prevailing issues and their possible solutions
• Knowledge of how to balance between financial optimisation, stakeholder resolution, and well-being and public quality of life
• Exposure and experience to manage the shift from old administration methods to new corporate techniques and best practices
• Perspective to devise and implement strategies for long-term success and sustainability
• Comprehension of the essentials to build an effective structural framework for accountability and ownership among stakeholders
• The required skill enhancement and know how to become a more effective and efficient public services’ professional
• Experience and perspective to better manage conflict.

Course Contents

DAY ONE

Corporate Governance in the Public Service

• Overview of Corporate Governance in the Public Services
• Importance of Corporate Governance in the Public Services
• Impact of good Corporate Governance on society and the economy

Role of Board Members in Corporate Governance in the Public Service

• Types of Boards in public sector organisations – representational, hands-on
• Duties of the Board – legal, strategic, fiduciary, oversight, etc.
• Individual Director responsibilities – care, loyalty, obedience, etc.
• Characteristics of an effective Board
• Management of Board responsibilities in case of mergers and acquisitions

DAY TWO

Other Roles in Corporate Governance in the Public Service

• Investors
• Chief Executive Officers
• Employees
• Auditors/Compliance agencies
• HR professionals
• Legal professionals
• Society

Challenges in Corporate Governance and ways to address them

• Ethical issues
• Internal and external pressure
• Risk management and mitigation
• Inaccurate data reporting and disclosures

DAY THREE

Corruption – the most challenging of all issues

• Scope of corruption in the Public Services
• Types of corruption
• Ways to prevent corruption
• Laws against corruption
• Setting up an institutional framework against corruption

DAY FOUR

Mandates for Effective Corporate Governance in the Public Services

• Importance of Audits – How, why and when to conduct
• Data – How to derive, interpret, manage and implement
• Budgets – how to utilise budgets effectively
• Media – How to use media to advocate value-driven governance

Soft skills for Corporate Governance in the Public Services

• Building accountability and responsibility
• Maintaining transparency and openness
• Maintaining ethics and a value-driven work culture
• Fostering decentralisation and devolution

DAY FIVE

Legal and other Regulatory Foundations

• Compliance – what and why
• Understanding national and international regulatory and legislative frameworks
• Understanding regulations across various sectors
• Managing public grievance for purpose of redress.