One of the best ways to demonstrate commitment to career growth is by obtaining industry recognized certification. This is true for finance, accounting, insurance, and legal professionals, but is it also applicable to board directors? Certification programs trigger debates among corporate governance experts: some are strongly against it, saying nothing can replace real boardroom experience, while others see it as a valid method for improving the knowledge and skills of directors. In April 2013, we raised this question with over 70 director training organizations to better understand the benefits and challenges of certification and to compare experiences, including pioneering work in Brazil, the Caribbean, France, India, Mauritius, Morocco, New Zealand, Slovenia, South Africa, the United Arab Emirates, and the United Kingdom.
Related Materials:
Arming Directors with Skills for Effective Management of Board Disputes, Practice Brief, April 2013
Network of Corporate Governance Institutes in Latin America: Bonding over Common Objectives while Meeting Local Need, Lessons Learned, June 2011
Building a Successful Corporate Governance Institute in Less Than One Year. How the Baltic Institute Became a Reality—and What Others Can Learn From It, Lessons Learned, May 2011
Institutes Share Successes and Challenges in Training Board Directors to Lead Corporate Governance Reforms, Lessons Learned, June 2010