EXECUTIVE EDUCATION

CORPORATE GOVERNANCE

LEADING
FROM THE CHAIR

The Business School

for the World®
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Contents Director education in a

Introduction 03 changing world
Leading from the Chair 04
The INSEAD Certificate in Corporate Governance 08
Boards are in the spotlight these days due to In this brochure you will find information on our
the multiple challenges that they face. Some of flagship International Directors Programme,
Calendar 12 these challenges are due to greater globalisation focused on director effectiveness, and our more
and competitive pressures, others due to advanced programmes, which cover particular
Practical information 13
new regulations and demands for increased aspects of the governance function – all areas
compliance. In addition, boardrooms themselves where INSEAD feels it has something original to
have become more diverse and filled with more offer. These include: the responsibility of the chair;
competent individuals. Finally, the quest for the need for owners to drive and contribute to
sustainable value creation has never seemed value creation; the challenge of governing the
more elusive. family business and of crafting strategies that
contribute to growth in a competitive setting.
As a leading educational player on the global
business stage, INSEAD aims to take a major These ‘core’ offerings are complemented by a
Peter Zemsky role in contributing to greater effectiveness in selection from our Executive Education portfolio
governance, which of course means developing that are of particular value to directors. We
more effective and competent directors. Already a believe that INSEAD’s independence offers both
leader in Executive Education and operating with executives and board members a rare opportunity
three campuses across the world (in Fontainebleau, to benefit from an honest and open exchange.
Singapore and Abu Dhabi), INSEAD has embraced Each of these programmes can help you gain
the expansion of its mission to include becoming skills, knowledge and insights for more effective
a leading centre for governance education. After governance in today’s fast-changing world.
all, good business governance and good business We hope they attract your attention and arouse
execution are two sides of the same coin. Many your interest, and that we may soon welcome you
failures in business execution – and indeed many to one of our campuses.
outright business failures – are consequences of
governance ineffectiveness.

INSEAD’s governance activities combine its

faculty’s traditional strengths in designing, Peter Zemsky
developing and delivering programmes with a Deputy Dean
relatively recent focus on governance through the Dean of Executive Education
creation of the INSEAD Corporate Governance Dean of Innovation
Initiative. The aim of this latest venture is to enable The Eli Lilly Chaired Professor of Strategy
the school to innovate and add value in the area and Innovation
of governance through research, events and
programmes.

Our rigorous programmes – tailored to the

needs of board members and characterised by Ludo Van der Heyden
debate and exchange, relevance and impact – are Academic Director, INSEAD Corporate
designed to support you in your aim to make a real Governance Initiative
difference as a director. Chaired Professor of Corporate Governance

Ludo Van der Heyden

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Leading from the Chair Programme content Topics include:

— Motivating individual director performance
The Leading from the Chair programme — Facilitating effective meetings
focuses on skills development and therefore — Leading difficult discussions
the sessions will rely heavily on board — Mentoring board member and management
simulation workshops, best practice exchanges, development
Achieving board effectiveness Key benefits interactions with highly experienced chairs and — Developing boards and directors.
through strong leadership faculty-based individual coaching.
— Deepen your understanding of how board
Over the past few years, the emergence of new and chair roles are changing – and share best The programme focuses on three key areas that
Crisis events
best practices, together with increased scrutiny practices with international peers are vital in leading and chairing an effective Boards become increasingly important in times
and expectations, has shone a spotlight on the — Improve your ability to organise and conduct board and will address the following topics: of crisis and often put additional demands on
boardroom. effective meetings the chair in leading boards and management.
— How to ensure board and meeting Inevitably, in the face of crisis, chairs face
— Acquire tools for coaching and developing performance
The role of the chair in particular has assumed the CEO and senior executives additional pressures.
greater significance, visibility and complexity — Maximising board member and CEO
— Hone your ability to challenge executives and performance Topics include:
than in the past. Today, it requires an board members through positive exchanges
increasingly different skill set and distinctive — Facilitating effective interactions among board — How the role of a chair changes
on the key issues that underpin corporate members and management
form of engaged, informed and strong board — Addressing stakeholder pressure
performance — Overseeing crisis situations
leadership. From setting direction and shaping — Managing board member anxieties,
— Learn how to better address pressures when — Planning for and implementing the board’s
strategy to acting as the pivot between the interacting with the CEO.
facing a crisis renewal and honing chair competences
board, CEO and external stakeholders, the
demands and challenges facing chairs are critical for mentoring, facilitating, leading and
ever-increasing. In this context, the need for organising boards and committees.
an exceptional chair has never been more
Chair responsibilities Participant profile
crucial in board effectiveness and influencing Faculty
organisational performance and direction. Participants will be engaged in discussions The Leading from the Chair programme
Programme Directors based on survey research identifying the key focuses on key roles on boards and relies on
INSEAD’s Leading from the Chair programme chair responsibilities and evaluating how well the exchange of ideas among participants with
provides chairs with the opportunity to discover, Tim Rowley chairs have performed across different tasks. relevant experience. Thus, the programme is
share and practise techniques for achieving Visiting Professor at Topics include: tailored to people with experience as:
higher levels of board effectiveness while INSEAD and Professor of — Setting and measuring board support systems — Chairs of boards of directors
facing a variety of situations and contexts. Strategic Management at the and performance — Chairs of core board committees, such as
Through board simulation workshops, faculty- Rotman School of Management, — Understanding the keys to effective group audit, compensation, governance, risk &
based individual coaching and best practice University of Toronto dynamics investment and nomination.
exchanges with highly experienced peers
— Using evaluation processes
from throughout the world, the programme is
designed to sharpen your skills for leading an Stanislav — Managing the information gap between
boards and management.
effective and high-performing board, which can
effectively set and implement the company’s
Shekshnia Length of programme
direction and strategy. Affiliate Professor of Chair competences and skills
Entrepreneurship and A key ingredient for being an effective chair is 3 days
The Leading from the Chair programme is Family Enterprise maximising the value of board members and
yet another unique offering from INSEAD the time they spend together. Doing so requires
in response to the growing demand for specific leadership skills. This session will provide
governance education and offers you an opportunity for participants to engage in
opportunities that exist in few other places. simulation exercises that lead to self-assessment
and ultimately an action plan for improving chair-
specific leadership skills.

www.insead.edu/executive-education/corporate-governance/
leading-from-the-chair
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“INSEAD is a thought leader in many

ways, and it’s a network-central
hub for knowledge. We get people
from all over the world coming here
with their problems and solutions
on governance issues. How do the
programmes work or how are they
designed? It is really a combination
of three things. Firstly, it is getting
the right faculty, who are experts in
their area, with experts from the real
world working with them. Secondly,
it is working on the right topics
that will help real board members
be effective. Thirdly, it is putting
everybody in the room to discuss
these things. When you put those
three elements together, you’ve got
learning and effectiveness happening
automatically.”

Timothy
Rowley
Co-director of the International Directors
Programme and Leading from the Chair
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The INSEAD Corporate

Governance Initiative
INSEAD’s distinctive contribution The ICGI also develops innovative teaching
to governance materials on the fundamental issues faced by
The INSEAD Corporate Governance Initiative (ICGI), international directors, including case studies,
launched in 2010, undertakes cutting-edge research simulations and 360° feedback instruments
and teaching tailored to the needs of boards, specifically designed for board members.
and those who serve on them. It is designed to
foster a global dialogue on the challenges facing Leveraging INSEAD’s international
board members in an international context and to perspective and reach
identify and support new research that addresses The Initiative brings a truly global perspective to
these challenges. ICGI combines faculty expertise all its activities. INSEAD has a distinct advantage
and institutional visibility around a mission that in this respect, offering the opportunity to
combines three inter-related dimensions: study governance from a truly international
perspective, both on an intellectual level and
TEACHING through the multicultural diversity so typical of
Developing directors’ skills and its classrooms. The international composition of
knowledge through education INSEAD’s programmes, both in terms of faculty
and participants, makes them a unique source of “Our responsibility at INSEAD is
RESEARCH exchange, observation, learning and networks. to review board practices across
Influencing business practice through
rigorous investigation and analysis the world in order to promote
The ICGI has developed many ways for INSEAD, performance with accountability.
its faculty and participants to shape a unique
OUTREACH global vision for board effectiveness that takes into Over time, this will build greater
Ensuring relevance through ongoing account the various regional contexts within which trust among the public that business
discussion of the challenges boards face. directors evolve. These include the presence of is a strong force for improving our
the ICGI on INSEAD’s campuses in Europe, Asia societies. Having contributed to
A cross-disciplinary INSEAD and the Middle East, the development of strategic
partnerships with institutes of directors in Europe educating international managers
research agenda
and Asia (ecoDa: The European Confederation of for over 50 years in our MBA and
The Initiative shifts INSEAD’s traditional research
focus from management to governance – with two
Directors Associations, Institut Luxembourgeois des Executive Education programmes,
Administrateurs, Singapore Institute of Directors) INSEAD stimulates best international
fundamental questions:
and with academic institutions further afield (e.g.
— How do board members add value to the University of Stellenbosch in South Africa). practice in the boardroom.”
corporations they serve?
— What are the effective governance mechanisms Impact in the boardroom: education

Ludo Van
and cultures that ensure effective board
functioning? and dialogue to promote the highest
standards of professional conduct
INSEAD’s research in this field is designed to

der Heyden
The INSEAD Corporate Governance Initiative also
be cross-disciplinary and global, spanning all provides opportunities to share its groundbreaking
regions and cultures. Its activities harness and insights through regular INSEAD Governance
enhance INSEAD’s expertise in multiple disciplines Meetings. These events bring together a select
– including, accounting, finance, economics, group of board members, regulators and Co-director of the International Directors
strategy, risk management, entrepreneurship, family academics from around the world – united in the Programme and Value Creation for Owners
governance and corporate social responsibility – to conviction that advances in the understanding and and Directors
offer a comprehensive and sustainable response to practice of corporate governance are most likely to
the challenges of corporate governance. occur in a cross-disciplinary environment.

For more information on the Initiative’s latest programmes,research, publications and events, see:
http://centres.insead.edu/corporate-governance-initiative/
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3 full campuses across

Europe, Asia and the
Middle East
12 Leading from the Chair 2017 – 2018 Leading from the Chair 2017 – 2018 13

Calendar 2017–2018 Practical Information

Programme Date Location Length Fee* Level
Leading from 6–8 December 2017  3 days €7,250 – Board-level
the Chair 11–13 June 2018  3 days €7,250
5–7 December 2018 3 days €7,250
Application procedure Contact us


Places on the programmes are confirmed For further information on Leading from the
on a first-come, first-served basis, taking into Chair, contact:
consideration applicants’ levels and objectives,
and the diversity of the classes.
INSEAD Europe Campus
We recommend that you submit your completed Margy Fuller
application form as early as possible, preferably Tel: +33 (0)1 60 72 41 27
six weeks prior to programme commencement. Fax: +33 (0)1 60 74 55 13
The Admissions Committee will review your E-mail: LC_Contact@insead.edu
application and advise you on the outcome
as soon as possible. Please do not hesitate to Visit our website: www.insead.edu/executive-
contact us if you have any questions about which education/corporate-governance/leading-from-
programme may best suit your objectives or for the-chair
any additional information.
Note: all our Open Programmes are taught in English and
participants should be able to exchange complex views, listen
and learn through the medium of English.

Tuition fees*
The programme fee covers tuition, course
materials and lunches on working days, as well
as the closing dinner. It does not include travel,
accommodation or incidentals. Participants will
have to settle accommodation expenses and
incidentals before the end of the programme.

*Fee subject to change. VAT/GST shall apply at prevailing rates

according to prevailing laws and regulations.

INSEAD does not discriminate on the basis of race, gender,

sexual orientation, religion, national or ethnic origin, age or
disability in the administration of its educational policies,
admissions policies, scholarship and loan programmes, or
employment or other INSEAD-administered programmes.

 France

Participants are advised to arrive the evening before as the programme starts early in the morning, unless otherwise noted.
INSEAD Europe Campus
Boulevard de Constance
77305 Fontainebleau Cedex, France
Tel: +33 1 60 72 42 90
Email: execed.europe@insead.edu

INSEAD Asia Campus

1 Ayer Rajah Avenue
Singapore 138676
Tel: +65 6799 5288
Email: execed.asia@insead.edu

INSEAD Middle East Campus

Al Khatem Tower, ADGM Square, Al Maryah Island
P.O. Box 48049, Abu Dhabi, United Arab Emirates
Tel: +971 2 651 52 00
Email: execed.mena@insead.edu

www.insead.edu/executive-education