Directorship Essentials: Risk Oversight

Complimentary for Corporate Members
$199 Individual Members | $495 Nonmembers

This dynamic and interactive e-learning series is designed to provide information about the fundamentals of effective directorship—including short case studies, key questions that directors should ask management, and introductions to key regulatory and investor expectations.

Each course within this series will focus on one core governance topic, drawing on insights from NACD's popular Director Essentials and Director FAQs publication series, among other thought leadership. Perfect for onboarding new directors or as an ongoing resource for more tenured board members, the course content is accompanied by a wealth of practical tools and resources to bring back to your own boardroom.

After completing this course, you should be able to meet these objectives:

• Distinguish the role of directors from the role of management in an organization's management and oversight of risk.

• Identify practices for delivering effective board oversight of risk, and identify how to apply several of those practices in common situations.

• Name the role that each standing board committee (i.e., audit, compensation, nominating/governance) fulfills in delivering risk oversight.

• Choose effective questions to ask as a director to facilitate effective risk oversight by your board.

• Identify situations that may indicate whether an organization's board should improve its risk oversight.

• Define the terms "risk appetite" and "risk profile."

Please read our virtual learning FAQs.

Course Format

Each section concentrates on one of eight effective practices and provides slides of information and reflective questions, a virtual notepad, and several videos of thought leaders speaking on the specific topic. The following resources are included as part of this course:

• Best practices and critical first actions for board members

• Tools for your oversight, such as questions to ask and red flags to watch for

• Key data to benchmark your and your board's work

• "A Year in the Life"—a simulation of how issues may arise and how they can best be addressed, during a typical annual cycle of board activity, with a focus on the challenges that typically face a first-time director

This course takes approximately three hours to complete. Upon completion of the course, you must pass a 12-question assessment to obtain credits.

Accreditation

This program will award 3 NACD credits toward NACD Directorship Certification^®/Board Leadership Fellowship.

Payment & Cancellation Policy

NACD accepts Visa, Mastercard^®, and American Express^®. Checks, payable to NACD, must be received before the User can begin the course. NACD will refund the fees paid by User for the course(s) only if (1) there is a material defect or technical problem causing a prolonged delay in completion of the course(s) and (2) NACD is unable to rectify such material defect or technical problem within ten (10) business days after receipt of such notification. Notifications and written refund requests should be submitted by electronic mail to Registration@NACDonline.org.