Best Practice In Training For Directors

There is a requirement for listed company directors to have induction and ongoing training and development under the UK Corporate Governance Code provision (B:4) and a requirement to comply or explain any non-compliance against that code. There is similar guidance and legislation in other jurisdictions. This is likely to form part of the role of the secretariat because of the reporting requirement.

Successful induction programmes comprise a blend of legal and technical information with practical knowledge and tools.

Have you ever come across the following situations?

• directors continuing to act only as managers after their appointment despite the new 'director' title
• managers wanting to be directors and needing support to reach that position