Directorship Journey
The accreditation programme is designed to support the professional development of directors of all organisations, whether listed entities, statutory boards, private companies, family firms, high-growth ventures or nonprofit organisations.
A director might start by building up foundational knowledge by attending formal training covering each of the eight competencies. The director could subsequently earn badges by taking up supplementary modules to gain knowledge and proficiency specific to board roles, functional expertise and organisation type.
For example, a director serving on nonprofit board might complement the core modules with badges in volunteer management or fundraising. Another director of a listed entity would need to acquire the badges that come with the completion of programmes mandated by Singapore Exchange Regulation for first-time directors.
By meeting the programme’s continuous professional development requirements, directors will remain current and relevant when performing the role of a board director.
Acknowledgements
SID would like to thank the many Council and Committee members for their invaluable contribution over the years in the development of the Accreditation framework. They have collectively conducted research into certification programmes offered by professional bodies, studied competency models and frameworks of numerous institutes of directors around the world, and consulted with regulators, policymakers, academia, registrars, experts and practitioners. Their insights, expert advice and guidance were instrumental in the development process.
SID would also like to acknowledge representatives of third-party bodies including ACRA, MAS, Singapore Exchange Group and Charities Unit for providing inputs in the development of the programme. Their views are critical in ensuring that the Accreditation framework meets SID's objectives of developing a framework that is relevant to directors of all organisation types.