This program will explore the process of decision-making in the unique setting of the boardroom – how directors make decisions individually and then collectively as a group of diverse individuals sitting on the same company board. By seeking to understand how we make those decisions and the drivers behind them, the aim is to improve the decision-making process – by balancing diversity and inclusivity; expanding the boundaries of rationality; and managing the cognitive and affective elements – for the good of the company. Aside from directors, C-Suite will also benefit from understanding how board decisions are made for their interaction and communication with the board.
The program will be conducted via a mix of interactive lectures, case studies and group discussions.
At the end of the program, participants will be able to:
- Articulate the drivers of individual decision-making;
- Identify behavioural issues in board decision-making;
- Articulate how to avoid pitfalls in board decision-making;
- Articulate elements that are helpful for making good decisions at the board level.
Who should attend?
- Board of Directors
- Chairman of Boards
Chris Bennett is an experienced director, senior executive, researcher, and teacher/facilitator with significant international exposure. He has lived and worked in 6 countries, held directorships in 13 large British and American companies (and senior managerial responsibilities in more than 20 companies) in Asia, the Middle East, Europe, Australia, New Zealand, and the Americas.
He is now focused on research, writing, and facilitation/teaching. His interests are centred around how corporate governance is impacted by human behaviour as it occurs in Boards and Top Management Teams, with a particular interest in how these factors manifest in different cultures, and in complex company groups.
He serves on the faculty of the Australian Institute of Company Directors (AICD), and as a Doctoral Researcher at Aston University Business School.
Understanding Board Decision-Making Process
October 12 – 13
9.00am – 12.30pm