Most codes of best practice in corporate governance require directors to undergo periodic training to improve their knowledge and skills, so they can become better leaders and change agents of their companies. The Board Leadership Training program builds capacity of trainers (training of trainers, ToT) who, in turn, train board directors in emerging-market and developing countries.
This initiative was launched in 2007 with the development of the Corporate Governance Board Leadership Training Resources Toolkit. The toolkit is introduced to local markets through the Forum's partner institutions, such as Institutes of Directors, corporate governance associations, and universities. Since its launch, trainers from about 60 countries have completed the Forum's ToT program.
TOT in Sao Paulo, Brazil, 2009
Through multiday trainings, experienced trainers learn how to use the Training Resources while strengthening their skills for conducting interactive training sessions designed to replicate the boardroom environment. Training resources include:
Experiential Learning Cycle methodology suitable for adult learners
A comprehensive curriculum, with PowerPoint presentations and case studies to enhance the learning experience
A modular curriculum design that allows for quick customization
Free long-term support to the Forum-trained trainers through a dedicated online blog and collaborative space
"The Corporate Governance Board Leadership Training Resources has revolutionized the way the Institute of Directors of Zambia conducts its training programs in a very positive way." Victoria Silutongwe, Executive Director, Institute of Directors of Zambia
For more information about this program, and to inquire about availability of training in your country/region, please contact Ghita Alderman at GAlderman@ifc.org.
Corporate Governance Board Leadership Training Resources Toolkit is available only to the trainers who go through the Forum's ToT program. The toolkit includes five curriculum modules, a case study that traces the evolution of a hypothetical company as it considers corporate governance reforms, and CD-ROMs with all of the content.
Governing Banks is a sector-specific supplement designed to be taught in conjunction with its Board Leadership Training Resources Toolkit. It addresses specific needs of board directors of banks and other financial institutions, including risk management and accounting/audit issues.
The full set of the main toolkit and supplements is available only to the trainers who go through the Forum's Board Leadership Training Program.