Director Responsibilities, Duties & Roles 1 Day

Chartered Management Institute, CMI, Recognised Training Centre for Director Courses

This course is assessed as “Excellent” by its delegates. 
Delegate numbers are limited to a maximum of 8.

UK legislation deems all Board Directors to be equal and to share equally in the legal responsibilities of running a company.

The Companies Act 2006 does not differentiate between Executive and Non-Executive Directors. The legal duties and potential liabilities of Non-Executive Directors are identical to those of the Executive Directors. No matter how little or how much time they spend on Board Matters, Non-Executive Directors are subject to the same legal duties and responsibilities as the Executive Directors.

That is why the 1 Day Director Responsibilities and Roles course is also the first day of the 2 Day Director Responsibilities and Roles course. The first day of the 2-day Director course covers those Director laws and responsibilities that are likely to be the most important ones affecting all Directors, including Non-Executive Directors, NEDs. As a minimum, all Directors should attend at least the 1 Day Director Responsibilities and Roles course. In an ideal world, both the Executive and Non-Executive Directors would be able to attend the full 2 day Director Responsibilities and Roles course, in order to know and to understand all of their full responsibilities.

Professional Directors Association Approved Courses

This 1 Day Company Board Director Roles and Responsibilities training course will enable you to define, analyse and interpret the corporate governance issues inherent in any business scenario. It will clearly explain the legal requirements of the Companies Act 2006, especially the seven statutory duties of directors, the potential liabilities of Directors and their limitations upon their powers.

The day primarily covers: the director requirements within the latest Companies Act (Companies Act 2006), including the 7 Statutory Duties of Directors and the legal limitations on the powers of directors; Director Liabilities, the 2018 UK Corporate Governance Code; the latest Memorandum and Articles of Association, topical board level issues; Companies House requirements, the avoidance of potential breaches of the Insolvency Act, which could lead to  personal liabilities and possible disqualification under the Director Disqualification Act.

This is a very practical course with extensive discussions around case studies that highlight common Boardroom dilemmas. For example, a common potential conflict of Interest is that of Subsidiary Board NEDs with Executive roles in the Parent Companies. This course will enable you to resolve such matters to make sound Board decisions, which fully comply with your statutory duties as a Director.

Institute of Leadership and Management Approved Training Centre

Legally Binding General Duties of Directors under The Companies Acts 2006

There are many laws and regulations that apply to Board Directors. The Companies Act 2006 places many legal requirements upon companies and their Board Directors, some of which are grouped together as The Seven Statutory Duties of Directors:

• To act within their powers
• To promote the success of the company
• To exercise independent judgement
• To exercise reasonable care, skill and diligence
• To avoid conflicts of interest
• Not to accept benefits from third parties
• To declare any interest in a proposed transaction or arrangement

The above are also known as the General Duties.

There are many other requirements of the Companies Act 2006 and there are many other laws relevant to Board Directors. The legal compliance issues for directors seem to be being constantly increased.

Please click here for more information about the General Duties of Directors under the Companies Acts.
Please click here for more information about the Statement of Directors Responsibilities. These are the Financial Responsibilities under the Companies Acts.

Chartered Management Institute Recognised Director Training Centre

This course will cover those legal director duties and all of the other relevant statutory requirements at Board level and through case studies and discussions ensure that you are comfortable with the practical application of that knowledge.

Formal Certificates of Professional Development (CPD) will be issued to all participants

We are accredited by the Professional Directors Association as an approved training centre. Their logo will appear alongside that of Excellence in Learning on the Certificates of Professional Development (CPD).

These certificates will be accepted as evidence for CPD purposes by most other professional associations and institutes.

Please Click Here to explore running this as an In-House Course; a Scottish version of this course is available.
Please click here to see the scheduled finance courses we offer to all Board Directors “Finance for Non-Finance Directors”

2024 Director Responsibilities, Duties and Roles 1 Day; Including NEDs, 8 Delegate Maximum

Director Responsibilities, Duties and Roles Course (Including Non-Executive Directors )

UK legislation deems all Board Directors to be equal and to share equally in the legal responsibilities of running a company.

The Companies Act 2006 does not differentiate between Executive and Non-Executive Directors. The legal duties and potential liabilities of Non-Executive Directors are identical to those of the Executive Directors. No matter how little or how much time they spend on Board Matters, Non-Executive Directors are subject to the same legal duties and responsibilities as the Executive Directors.

That is why the 1 Day Director Responsibilities and Roles course is also the first day of the 2 Day Director Responsibilities and Roles course. The first day of the 2-day Director course covers those Director laws and responsibilities that are likely to be the most important ones affecting all Directors, including Non-Executive Directors, NEDs.

As a minimum, all Directors should attend at least the 1 Day Director Responsibilities and Roles course. In an ideal world, both the Executive and Non-Executive Directors would be able to attend the full 2 day Director Responsibilities and Roles course, in order to know and to understand all of their full responsibilities.

 

Chartered Management Institute Recognised Training Centre for Director Training Courses

The training course is delivered by some of the best Corporate Governance tutors in the UK. They are heavily involved with Corporate Governance at the highest possible levels and have a wealth of practical experience at their fingertips, as well as outstanding theoretical knowledge. The role and responsibilities of Company Board Directors will be comprehensively covered by this course. The Senior Course Leader has substantial experience as the Chief Executive and Finance Director of a Plc.

The Director Roles and Responsibilities Training Course provides comprehensive coverage of the knowledge, roles and responsibilities necessary for directors.

The 1 Day Director Roles and Responsibilities training course will enable you to define, analyse and interpret the corporate governance issues inherent in any business scenario. It will clearly explain the legal requirements of the Companies Act 2006, the seven statutory duties of directors, the UK Corporate Governance Code, the potential liabilities of Directors and the limitations upon their powers. The personal and corporate insolvency issues surrounding directors and key aspects of other offence specific laws applicable to company boards.

Professional Directors Association Approved Courses

Topics covered include the Companies Act 2006, Board Director Roles and Responsibilities, UK Corporate Governance Code, Board Committees, the Memorandum and Articles of Association, Companies House requirements, the Insolvency Act, Liquidations, the Director Disqualification Act, Director Pay, Shadow Directors, De Facto Directors, NEDs, iNEDs, Parent Company Interests versus Subsidiary Board Interests, Director Statutory Duties, Dividends, Board Resolutions, Voting requirements and much more.

This training course is designed for both experienced and newly appointed Company Directors who want to ensure that they know and understand the collective board responsibilities, as well as the individual responsibilities of directors and are complying with all of the relevant laws and regulations.

Institute of Leadership and Management Approved Training Centre

To ensure that the directors attending this training course will get the maximum possible benefit from their time and that the discussions will be at their most effective; the delegate numbers are limited to a maximum of 8.

Formal Certificates of Professional Development (CPD) will be issued to all delegates

We are accredited by the Professional Directors Association as an approved training centre. Their logo will appear alongside that of Excellence in Learning on the Certificates of Professional Development (CPD).

These certificates will be accepted as evidence for CPD purposes by most professional associations and institutes, including the Institute of Leadership and Management, the Law Society, the CIM, the ICAEW, the CMI, the Institute of Learning and the CIPD.

Please Click Here to explore running this as an In-House Course; a Scottish version of this course is available.

Please click here for more information about the General Duties of Directors under the Companies Acts.

  • "Excellent" Delegate Comments on the Director Responsibilities, Duties and Roles Course

    ‘Plenty of information, very adaptable to the needs of the group, plenty of pace, lots of case studies, very helpful two days.’
    Karen Mayhew – Chief Executive, Havebury Housing Partnership

    ‘Course Leader is Outstanding, Excellent course.’
    R. Senior – Operations Director, The Chord Company Ltd

    ‘Very informative and pitched at the right level. Answered all questions very well and from an informed background. Excellent course.’
    Emma Steele – Director, John Lamb LLP

    ‘Found the course really useful.’
    Sarah Selvanathan– Deputy Chief Executive, Elmbridge Borough Council

    ‘Open Discussions, not pretentious, great examples of scenarios to explain theory in practice.’
    Amanda Haley – Technical Director, Ian Firth Hardware Ltd

    ‘Phil has good knowledge and an enthusiastic and effective delivery.’
    Andrew Naismith – Managing Director, CAE Aircrew Training Services Plc

    ‘Great examples of practical applications. Encouraged discussions throughout the group. Very Informative.’
    Susanne Hughes – Deputy Chief Executive, Shaw Healthcare Ltd

    ‘As a director, it is exactly what I needed. The awareness and learning outcomes fit very well with my expectations. Thank you.’
    Darren Payne – Director, Rhodar Limited

    ‘Well Delivered Course, supported with excellent literature. Provided good information and structure’
    Martin Clarke – Technical Operations Director, Drywrite Ltd

    ‘Great interaction and good pace’
    Ben Ward – Director, Willmott Dixon Plc

    ‘Very clear; well structured; excellent examples. Course leader has a great presentational style leading to good discussions’
    Mark Simmons – Director, Plasser UK

    ‘Philip handled the course content and all of the questions really well. Very informative and highly recommended’
    Rory Curran – Non-Executive Director, Ecodesk

    ‘Excellent course, great participation, a good mix of attendees’
    Sarah Newbold-Hill – Senior Business Director, The Evolve Trust

    ‘Very happy with this course. Like the focus on practical problems.’
    Neil Hounslow – Vice President, Kowa Research Europe

    ‘Excellent all round’
    Frances Adcock – Adcocks Solicitors

    ‘Very good course’
    Adrian Lewis – Commercial Director, Cova Security

    ‘Thoroughly engaging and informative, I would not have believed that a subject, potentially so dry, could be made so interesting. Your professionalism and obvious depth of knowledge was a joy to watch’
    Rod Mountain – Chief Executive, Nelson King

    ‘Excellent, very clear and relevant examples.’
    Board Director

    ‘Great examples, Phil’s experience and stories to back up learning are great.’
    Geoff Stanley – Chief Technical Officer, Rock Insurance Group

    ‘Very good overview, the course was responsive to attendees’ questions and backgrounds.’
    Kath Webster – Director Scientific Services, Animal & Plant Health Agency

    ‘Well presented and engaging.’
    Trevor Phillips, Chief Operating Officer, Vectura Limited

    ‘Very good discussion and information for directors.’
    Natalie Spotswood, Legal Director, FM Insurance Company Limited

    ‘Very helpful to get a better understanding of a director’s role and responsibility. Gives good guidance on how to perform this role better.’
    Ralph Zaat – President, Kowa Research Europe Ltd

  • Director Responsibilities, Duties and Roles Course Overview

    This course is assessed as “Excellent” by its delegates. To ensure that the Company Directors attending this training course will continue to get the maximum possible benefit, the delegate numbers will be limited to a maximum of 8.

    This training course is designed for both experienced and newly appointed Company Directors who want to ensure that they know and understand the collective board responsibilities, as well as the individual responsibilities of directors and are complying with all of the relevant laws and regulations.

    The 1 Day Company Board Director Roles and Responsibilities training course will enable you to define, analyse and interpret the corporate governance issues inherent in any business scenario. It will clearly explain the legal requirements of the Companies Act 2006, especially the seven statutory duties of directors, the potential liabilities of Directors and their limitations upon their powers.

    It will also cover the latest version of the UK Corporate Governance Code and key aspects of other offence specific laws and other legislation and rules applicable to company boards.

    This is a very practical course, with extensive discussions around case studies that will highlight common Boardroom dilemmas. It will enable you to make sound Board decisions, which comply with your statutory duties as a Director. Guidance will be provided on some of the factors that facilitate effective Boards.

    Topics covered include the Companies Act 2006, Effective Boards, Board Director Roles and Responsibilities, UK Corporate Governance Code, Board Committees, the Memorandum & Articles of Association, Companies House requirements, the Insolvency Act, Liquidations, the Director Disqualification Act, Director Pay, Shadow Directors, De Facto Directors, NEDs, iNEDs, Director Statutory Duties, Strategic Financial Management, Risk Management, Dividends, Resolutions, Meetings, Voting requirements and many more.

    This course will explain the personal and corporate insolvency issues surrounding directors. It will help you to avoid inadvertently assuming any personal liabilities through an inadequate knowledge of the insolvency laws.

    The day primarily covers the Companies Act 2006, including the 7 Statutory Duties of Directors, the legal limitations on the powers of directors; Director Liabilities, the UK Corporate Governance Code; the Memorandum and Articles of Association, Director Pay, Shadow Directors, De Facto Directors, NEDs, iNEDs, Director Statutory Duties, Board level issues; Companies House requirements, Director liabilities and Director Disqualifications. Discussions and case studies around Boardroom issues, providing essential knowledge in a practical way for new and experienced Directors.

    This training course is constantly being updated to always contain the latest issues and legislation. It includes information on proposed likely changes to the codes, the regulations and the legal requirements.

    The theoretical knowledge will be reinforced by highly relevant hands-on case studies and group discussions. Attendees will become highly skilled at understanding and complying with all corporate governance requirements under the latest UK Corporate Governance Code, as well as satisfying all of their statutory duties under the latest Companies Act and other relevant laws. You will become more involved with all types of Company Board and governance discussions within your organisation, as well as more confident and comfortable when communicating with fellow directors and investors.

    The General Duties under the Companies Acts 2006 are:

    1. Duty to act within powers
    2. Duty to promote the success of the company
    3. Duty to exercise independent judgment
    4. Duty to exercise reasonable care, skill and diligence
    5. Duty to avoid conflicts of interest
    6. Duty not to accept benefits from third parties
    7. Duty to declare interest in proposed transaction or arrangement

    Please click here for more detail on these Director Duties

    The training course is delivered by some of the best Corporate Governance tutors in the UK. They are heavily involved with Corporate Governance at the highest possible levels and have a wealth of practical experience at their fingertips, as well as outstanding theoretical knowledge. The role and responsibilities of Company Board Directors will be comprehensively covered by this course.

    The Chair of the Board of Directors, along with all other Executive and Non-Executive Directors, would benefit from this course, which is limited to a maximum of 8 delegates to ensure the discussions are truly effective and inclusive.

  • Director Responsibilities, Duties and Roles Course Content

    The Director Role and Responsibilities course will deal with director duties and director responsibilities as they arise, whilst covering:

    • Legal Framework
      • Trading Business Structures
      • Applicable Laws & Regulatory Framework
      • Constitution and Governance Framework
      • Proposed new company law
    • Companies Act 2006 Requirements
      • Scope and Relevance
      • Seven Statutory Director Duties
      • Director Qualifications
      • Shadow Directors and De Facto Directors
      • Director Liabilities
      • Duty of Independent Judgement
      • Non-Executive Directors
      • Promote the Success of the Company
      • Long Term versus Short to Medium Term
      • Director Contracts
      • Declarations of Interest
      • Director Transactions
      • Conflicts of Interest
      • Resolution of Conflicts of Interest
      • Relief for Breaches of Duties
      • Common Mistakes
      • Appointment and Removal of Directors
    • Memorandum and Articles of Association
    • Shareholder Relationships and Dealings
    • Strategic Reporting Requirements
    • People with Significant Control Reporting Requirements
    • Director Insurances and Indemnities
    • UK Corporate Governance Code
      • 5 Main Sections of the Code
      • Leadership and Company Purpose
      • The Role of the Board
      • Board Evaluation
      • Division of Responsibilities
      • The Chairman
      • The Chief Executive
      • Non-Executive Directors
      • Board Composition and Succession Planning
      • Nomination Committees
      • Audit Committees
      • Remuneration Committees
      • Director Pay Principles
      • Shareholder Dissent
      • Stakeholder Engagement
      • Reserved Board Powers
    • Major Corporate Governance Failures
      • Causes
      • Impact upon the brands and their finances
      • Costs of failure versus the costs of prevention
    • International Corporate Governance
      • Relevance to UK companies
      • Context and relationship to the UK Corporate Governance Code
      • EU Principles of Corporate Governance
      • Non-Executive Directors in the EU
      • Stakeholder Engagement
    • Insolvency Act 1986 and the Director Disqualification Act
      • Director Risks
      • Director Actions and Conduct before Insolvency
      • Insolvency Process
      • Insolvency Results
      • Pre-Packaged Administrations; “Pre-Packs” or Phoenix Administrations
      • What you can and cannot do to try to save the company
      • Common Mistakes and their consequences

     

    Through presentations, hands-on case studies and group discussions, the course tutor will impart exactly the knowledge and information that Non-Executive Directors need to become Excellent Board Directors, as well as to assess and maximise the effectiveness of their own Company Board. Every appointed Board Director, including both Executive and Non-Executive Directors, will benefit from this training course; from the most recently appointed Company Board Director to the Chairman of the Board.

  • Director Responsibilities, Duties and Roles Training Course Leaders

    The Director Roles and Responsibilities and Governance training course is delivered by some of the best Board Director tutors in the UK. They are heavily involved with Board Directors and Governance at all levels and have a wealth of practical experience at their fingertips, as well as outstanding theoretical knowledge. The role and responsibilities of Company Board Directors will be comprehensively covered by this course.  The Senior Course Leader has been the Chief Executive and Finance Director of a Plc.

    He is a Fellow of the Institute of Chartered Accountants of England and Wales, an FCA, and a Chartered Director; the Board Director qualification awarded by the Institute of Directors.  He is also a Fellow of the Institute of Consulting, a Fellow of the Institute of Directors and a former Town Councillor. He serves on the Thames Valley Board of the Chartered Management Institute and was the lead Finance for Non-Finance Directors tutor for many years for the Chartered Management Institute. He has just completed 12 years on the Chartered Director and Standards Committees of the Institute of Directors. The Chartered Director Committee of the Institute of Directors was the body that advised the Institute of Directors for more than 12 years, as to what UK Board Directors should know in order to properly fulfil the role of a company director.  This committee helped to shape the Institute of Directors examination syllabus in the UK.

    He has been closely involved at a senior level, for more than 20 years, in all aspects of the professional development of company directors and managers. He has also served on a Plc Audit Committee and a Plc Remuneration Committee.

    In addition to professional executive and director development services, he is actively involved in company acquisitions and disposals, as well as providing board level financial consulting services. He has practical experience of funding new start-ups and investments, including raising new Equity Share Capital. He has over 30 years of successful UK and International experience, including 7 years as the Finance Director, Company Secretary and then the Chief Executive of a Plc, as well as 14 years with KPMG Management Consulting, IBM and Arthur Andersen.

    The other is a Chartered Company Secretary and a Fellow of the Institute of Directors and has spent many years as a Corporate Governance Tutor at the Institute of Directors and elsewhere. He has many years of experience as a Company Secretary and as a company director; both as a non-executive director and as an executive director.

    The course tutors are very well qualified and highly experienced individuals; one of these will deliver your workshop. They possess a delivery style, which is dynamic, approachable and highly engaging, enabling them to deliver a workshop that you and your company will benefit from and equally importantly, one that you will remember. Their courses are always assessed as “Excellent” by the delegates.

  • Who Should Attend This Director Responsibilities, Duties and Roles Training Course

    This 1-day training course is designed for both experienced and newly appointed Company Directors and NEDs, as well as their specialist advisors and consultants. For directors who want to ensure that they are complying with all of their statutory obligations under the Companies Act 2006, the insolvency laws and regulations, as well applying the highest standards of Corporate Governance within their companies.

    The Chair of the Board of Directors, the Executive Directors and the Non-Executive Directors, along with all other Company Directors, as well as current and prospective Directors, would benefit from this training course.

    To provide the best possible course, delegate numbers will be limited to a maximum of 8 directors.

  • Director Responsibilities, Duties and Roles Course Learning Objectives

    By the end of this training course participants will be better able to:

    • Understand and fulfil the Non-Executive Director Role and Responsibilities
    • Define, analyse and interpret the corporate governance issues inherent in any business scenario
    • Understand and quantify the impact of any particular course of action upon the fundamental corporate governance issues and concepts
    • Recognise and comply with the statutory requirements of the Companies Act 2006
    • Become familiar with the key aspects of the range of the insolvency laws and regulations with which Company Directors should comply
    • Understand the key aspects of the UK Corporate Governance Code and how good corporate governance can maximise company performance
    • Identify and discuss the key ethical and governance issues facing any organisation
    • Analyse and make sound Board decisions based upon a deeper understanding of the corporate governance issues and the statutory duties of a Company Director
    • Understand the wider corporate governance impact of any business decision and its strategic interaction with all aspects of the organisation
    • Become better able to make a strong contribution to Board discussions and decision making
    • Understand and implement a framework for Strategic Risk Management
    • Understand the personal and corporate ramifications of any potential insolvency issues
    • Avoid assuming any unnecessary personal liabilities through an imperfect knowledge of the law relating to Company Directors
    • Communicate more effectively and easily with fellow Board Directors and key advisors; through an in depth understanding of corporate governance and the roles and responsibilities of Board Directors
  • Internal Staff Training and Development

    This Director Role and Responsibilities training workshop, along with most of our other best practice training workshops, can be delivered as an internal training course at your premises. Even with small groups, the course fees per person for internal training workshops can be lower than for open events. The potential savings are even greater, if the travel time and the travel costs of the delegates are taken into account.

    Running training workshops internally is very convenient and it allows the participants to explore how key issues will impact on them and their organization. Then as a team they can begin to agree upon a development action plan, with priorities. This approach is favoured by many of our clients as it combines a high quality service with excellent value for money and is a highly effective route for staff development.

    Please Click Here to explore running this as an In-House Course   For in-house or internal courses, a Scottish version of this course is available.

  • Certificates of Professional Development

    This course is recognised for CPD purposes by most professional institutes and associations including the Law Society, the CIM, the CMI, the ICAEW, the Institute of Learning and the CIPD. Formal Certificates of Professional Development will be issued by email to participants who successfully complete this course. These certificates will enable participants to evidence the update of their CPD records. The workshop will consider how to best apply the knowledge gained by the delegates upon their return to the workplace. This element of the programme is designed to maximise the benefits of attending and enable participants to make valued judgments when recording CPD activities