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Training in the boardroom is a vital component of board member education. Directors of all levels, whether they have years of experience in governance or are seeking their first directorship benefit from continual learning to improve their decision-making and create excellent boards.
Boardroom training sessions give you the opportunity to discuss governance and leadership issues in a safe, non-judgmental setting. The sessions are led by experts in governance and tailored to meet the specific needs of each board.
A boardroom is the conference room that is used by the board of directors of a company. The B of D is comprised of members elected by shareholders to supervise the company, protect its assets, as well as represent investors. They are responsible for maintaining a good relationship with the CEO and other high-level executives. They also create business strategies and represent management and the board in the public.
The most well-known design for a boardroom is the traditional boardroom design, which features one large table with chairs surrounded by it. This makes it easy to see and participation, and it's easily adaptable to incorporate technology into discussions and presentations. For larger meetings the theater-style layout might be preferred. This layout puts the spotlight on speakers and is ideal for all-hands corporate meetings as well as new employee orientation.
The Boardroom Ready Program is a training program that assists women working in life sciences land their first board position. The program, run by Spencer Stuart, includes classroom training and networking events that allow participants to develop the skills needed for a board role. This is a highly-selective program and only twenty women selected each year after an extensive application.