The Directors' Consortium is accredited by Institutional Shareholder Services as a Preferred Boardroom Education Program.
Future sessions of this program will rotate among Chicago, Stanford, and Tuck.
The next date for the Directors' Consortium is scheduled for February 25-27, 2009 at Stanford GSB.
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 The Directors' Consortium is a joint offering by the University of Chicago Graduate School of Business, Stanford Graduate School of Business, Stanford Law School, and the Tuck School of Business at Dartmouth. The next session will be held on February 25-27, 2009 at Stanford Graduate School of Business. |
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 Program Dates and Fees
Winter offering – hosted at Stanford GSB |
| 4 Day Combination, Feb. 24-27, 2009 |
$8,700.00 Register Now |
| 3 Day Standard, Feb. 25-27, 2009 |
$7,500.00 Register Now |
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Summer Offering – hosted at Chicago GSB |
| 4 Day Combination, June 9-12, 2009 |
$8,700.00 Register Now |
| 3 Day Standard, June 10-12, 2009 |
$7,500.00 Register Now |
In light of recent regulatory changes and reduced public confidence, becoming an educated board director is a necessity, not an option. Now more than ever, board members need to understand their fiduciary, legal, and ethical oversight responsibilities - the bar has been raised for all directors. Boards must focus on performance, not conformance. Sooner or later, the capital markets will vote on your company's performance; at that point, the company's performance and your governance are one and the same.
As a director, what sorts of questions should you be asking management or outside experts? What level of expertise should you bring to an audit or a finance committee? What should shareholders expect from you as a director; what should you expect from management? How can you ensure that the governance decisions you make are best for the company?
The Directors' Consortium offers even experienced directors the benefit of a research-based, comprehensive approach to the complex decisions that board members must make. Taught by faculty from accounting, finance, law, public policy, and strategic management, this program will help you build a "best practices" framework for thinking about and making informed board decisions. |
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 Optional Finance Day: Financial Accounting Foundations February 24, 2009 An optional full-day session at the beginning of the program provides an excellent foundation in finance and accounting basics for those with limited financial backgrounds or for those who would like a concentrated refresher from a board-level perspective. Those who are unfamiliar with basic accounting principles, such as the relationships among the balance sheet, the income statement, and the statement of cash flows, should consider attending the optional finance and accounting basics day.
The optional Finance Day offered February 24, 2009 will begin at 8:30 am and end at 5:00p.m. |
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 Benefits By Attending This Seminar You Will:- Understand the essential questions that board members should be asking management and outside experts regarding financing, disclosure, governance, succession planning, compensation, and litigation.
- Learn what Audit Committee members should know about revenue recognition, off-balance sheet financing, and accounting methods and disclosures.
- Develop frameworks for legal and prudent strategies to help boards navigate in today's litigious environment.
- Understand and benchmark against best practices in corporate governance.
- Develop tested strategies for managing CEO succession and evaluating executive compensation.
- Evaluate the role of the board in strategy development, evaluation, and evolution.
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 Who Should Attend This research-based program is specifically designed for those who already are, or are about to become, members of a board of directors of a public company. Board members of companies that aspire to become public in the near future will also benefit, as will those who serve on boards of foreign corporations that are listed or aspire to be listed on U.S. exchanges. The disciplines covered will have applicability to private or family company boards and non-profit organizations, but not all of the specific regulations and processes of public companies will apply. |
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 Program Outline - Policy and Strategy
- Nominating Committee Issues and CEO Succession
- Board Oversight and Spotting the Warning Signs for Management Failure
- Compensation Committee Issues
- Audit Committee -- Qualifications, Responsibilities, and Content
- Finance
- Directors’ Fiduciary Duties: The Core Duties of Directors, and What They Mean in Practice
- Power and Persuasion: How Effective Directors Influence CEOs and Board Decisions
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 Corporate Governance Study from Stanford University Click on the link below to view an article from Fortune Magazine about a corporate governance study from Stanford University.
Who's watching the watchdogs?
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 The Setting The program is held on the Stanford University campus, which is situated on 8,180 acres in the rolling foothills. Stanford’s beautiful Spanish mission-style facilities embrace the temperate California climate with outdoor study spaces and palm-lined courtyards, and serves as the perfect setting for executives looking to detach, reflect, and recharge. Located 35 miles south of San Francisco, Stanford is situated in the heart of Silicon Valley and immerses participants in its legendary culture of innovation.
Stanford has many amenities located nearby. A large shopping center and Palo Alto’s commercial district are only a mile away. Music, theater, sports, and fine restaurants are available in the communities that surround the campus. Monterey Bay, spectacular portions of the Central California coast, and Napa wine country are all within a few hours of campus. The campus is 25 miles south of San Francisco International Airport and 20 miles north of San Jose International Airport. |
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 Accommodations Individuals may reserve rooms at a group rate at the Westin Palo Alto, which is adjacent to campus and downtown Palo Alto. Those calling in reservations must mention Directors’ Consortium in order to receive the group rate. Reservations can be made by calling the hotel reservations department at 800.937.8461 or 650.321.4422. Reservations made via email should be addressed to WestinReservation@pahotel.com and must include Guest Name, Arrival/Departure Date, Address, Phone, and Name of the Group. To guarantee a reservation, one must provide a credit card number and expiration date.
A reservation cut-off date of Monday, January 29, 2009, has been established for rooms with the Directors’ Consortium group rate. |
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 The Directors' Consortium is accredited by Risk Metrics Group, ISS as a Preferred Boardroom Education Program. |
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 The Directors Consortium is also registered with the NACD Corporate Directors Institute to provide 8 Certificate of Director Education (CDE) credits. |
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