MCD3 - The Board in Strategy Formulation (NEW)

Course Description The board is ultimately responsible for the company’s long-term success. Directors play a key role in the setting of the strategic direction of the company and overseeing its implementation. It is therefore essential for an organisation to have a well-thought through strategy for success. The essence of strategy lies in the structured processes to nail down the right key decisions in order to stay competitive and thrive in the long term. Getting the business model right plays a vanguard role in strengthening the organisation towards better long-term performance. This course is a knowledge-driven, interactive and case-based workshop. It is designed to deepen directors’ understanding of business strategy, innovation and its converging governance processes. It further expounds on the board’s role vis-à-vis management’s in strategy formulation and execution.
Course Objectives
  1. Deepen participants’ understanding of business strategy and its processes.
  2. Provide an understanding of the board’s role in strategy formulation.
  3. Educate participants on assessing and managing strategy execution.
Course Outline
  1. Role of strategy in driving organisational performance.
  2. The board’s role in strategy – Part 1: Formulation.
  3. The board’s role in strategy – Part 2: Execution oversight.
  4. The board’s role in driving innovation and managing risk.
  5. Strategy and execution: The board and senior management.
Level Advanced.
Target Audience
Directors seeking to enhance their understanding of the board’s role in strategy formulation and execution governance.
Course Duration 1 day (lunch provided).
Delivery Classroom lectures, group discussion, case studies and sharing.
Cost SID Member : $720 (excl. GST); $770.40 (incl. GST).  
Non-SID Member : $990 (excl. GST); $1,059.30 (incl. GST).
CPD Hours 8 hours.


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