The Ontario electricity sector continues to undergo significant change at an increasingly rapid pace. Governance is no different as it’s rising to the top of the agenda for a number of key stakeholders including the Ontario Energy Board, IESO and the Ministry of Energy. Effective governance has been identified as key in improving the efficiency and effectiveness of utility performance. Today’s LDC Board is increasingly challenged to ensure the proper oversight, governance and structure is in place to capitalize on this change, and to lead the organization toward success in an increasingly complex and regulated business environment.
Partnering with The Directors College and McMaster University DeGroote School of Business, this course grants the university designation of “C.Dir” and is customized to the unique requirements of the LDC sector. This program delivers a unique experience that recognizes both sides of directorship – the “technical and structural” (rules-based) side and the “cultural” (principle-based and behavioural) side. Customized to the unique requirements of the LDC sector, this industry recognized university accreditation designation provides skills, perspectives and tactics to drive value as an effective and successful board member. Successful completion of this program allows participants to use the recognized designation of C.Dir.
The program consists of five modules, each delivered in 2.25 days. Each module starts Thursday afternoon, and is all day Friday and Saturday. Modules 1 - 4 may be taken in any order, however these four modules must be completed prior to attending Module 5. This is an in resident program, however virtual options are available (contact MEARIE for additional information). Below is a partial list of topics that will be covered in the five modules:
Module 2 - Leadership and Strategy
Module 3 - Oversight and Finance
Module 4 - Effective Governance Under Complex Circumstances
Module 5 - The Board Simulation
All sessions include facilitated group discussion. Upon completion of the five modules, candidates are required to successfully write an exam to receive their Chartered Director (C.Dir.) designation. 50 hours over three years of Continued Professional Development (CPD) are required to maintain the designation.
Who Should Attend?
The program is designed for those currently sitting on boards, senior executives who intend to serve on a board, and those who work with boards. Applicants are assessed on a case-by-case basis to determine whether they are suitable candidates for the C.Dir designation.
NOTE: When you register through MEARIE, you will receive a 10% discount off your first registration, which may be applied to any one of Modules 1 through 4. Either register through the MEARIE website or mention to The Directors College you are registering through the MEARIE program to receive the discount. The option to attend some or all of these sessions virtually at a reduced price is also available. Please contact us at mearie.ca/training or 905-265-5320.
Course Dates & Registration Detail
Partnering with The Directors College, this industry recognized university accredited designation provides skills, perspectives and tools to drive value as an effective and successful board member. Successful completion of this program allows participants to use the recognized designation of "C.Dir". Module 1 of 5 focuses on Accountability and Change. Understand the roles, responsibilities, legal/fiduciary duties, and accountabilities of the Board.
This first of five modules is held over two and one-half days. Session starts on Thursday at 3:00 PM and end on Saturday at 5:00 PM. Full refund less a service fee of 20% of registration fee (plus 13% HST) will be made on cancellations received in writing thirty-one (31) days prior to the course dates, after which no refunds will be made. Substitution of registrants from the same company may be made up to the course date. The MEARIE Group reserves the right to postpone or cancel any activity in the event of low enrollment. If this occurs, a full refund will be provided or we can transfer the fee to the next scheduled class.
Coordinators:
MEARIE Training Department - training@mearie.ca
Address:
Ron Joyce Centre McMaster University DeGroote School of Business,
4350 South Service Road, Burlington, ON L7L 5R8
Directions:
Full refund less a service fee of 20% of the registration fee (plus 13% HST) will be made on cancellations received in writing ten working days prior to the course dates, after which no refunds will be made. The MEARIE Group reserves the right to postpone or cancel any activity in the event of low enrollment. If this occurs, a full refund will be provided or we can transfer the fee to the next scheduled class.
Parking is complementary. Accommodation and meals are included in your registration.
"The electrical sector is in the midst of profound change. The Directors College sets up directors to meet and tackle this uncertain, but exciting, future at the board table. Successful companies will seize on opportunities through innovation and collaboration, and with an effective risk management process will ensure there is the right balance between the needs of the stakeholders and the changing business landscape.
The final Directors College course module is a mock board scenario which mimics the real life boardroom. Your participation is a unique learning opportunity to put course theory and previous board experience into practice. In this case study it takes good governance, principled behaviours and excellent team interaction to move the agenda forward on difficult decisions. I have had many opportunities in other training settings for ‘role play learning’, however, The Directors College use of this learning technique has been the most effective and impactful.
The Directors College has prepared me very well as a director with a broad base knowledge of good governance and sound judgement to rise to this challenge. I strongly recommend The Directors College to my peers in the energy sector."
Ron Chatterton, C.Dir.
Elexicon Corporation Director