corporate governance
corporate governance Representation
The Framework provides the basis for a common language regarding director practices. With increased use over time, and broad take-up, it has the capability to improve communications about governance and director matters within, and between, a range of stakeholder groups.
As Company Directors, we will be using the Framework to guide the development of support services and products for our members and other stakeholders.
We have been using the Framework to map our current offerings to identify our own support strengths and gaps so we can better provide for a more aware audience.
Common ideas for how the Framework can be applied include:
- To assist members to make decisions about their professional development by carrying out the confidential self-assessment, which will provide insight into your current director practice profile.
- Colour coding of our professional development offerings to the Framework quadrants to make it easier for you to select the most suitable professional development for your needs.
- Capacity to assist individual directors to reflect on their areas of director strength and to consider development opportunities. With the myriad practices of directorship laid out, it is easier to review personal knowledge, attributes and skills.
