New Governance Training From AMK Law and Unearth Risk

Written by AMK Law

September 30, 2020

Governance Training

New Governance Training

 

Matthew (AMK Law) and Dave (Unearth Risk) have teamed their respective legal and risk professions to provide a range of Governance and training services – with their first two-day workshop being conducted with great success, just last weekend.

 

This training includes specified Governance Training for boards within government, not for profit and Aboriginal businesses, along with not for profit associations and charities.

 

We hope this initial training workshop will be the first of many.

 

Yet, what exactly is governance and why might your organisation need this training? Let’s take a look.

 

What is ‘governance’?

 

Governance is made up of the processes, activities and functions to ensure your organisation is properly operated.

This means understanding the legal obligations, your obligations as a member of the Board and the requirements for good governance.

 

About the Governance program from AMK Law and Unearth Risk

 

This program is designed as an introduction to governance. It is intended to provide Board members, including those who are also organisational Executives, with a framework that encourages co-operation and effective business management.

 

The Background

 

A high-performing culture is critical to an organisation’s success

 

Over the last decade, there has been a recognition that organisations, no matter what their size or orientation, have to do more, do it better and do it with less.

 

This concept of a high performing culture is one of the key reasons that there is an increased emphasis on Boards, their role in managing their organisations, and in sound, effective governance structures.

 

Another change in the business environment, even for not-for-profit organisations or charities, has been an increase in expectations in relation to accountability and responsibility.

This makes it even more important that all Board members are skilled, and up to date in the principles of sound governance and business planning.

This new program is intended to assist with this education process but is also intended to be participatory and to provide participants with practical guidance on how they can make their Board more effective into the future.

 

The principles of ‘Good Governance’

 

Good governance requires the proper responsibility of Boards to be adhered to.

 

There are some overall responsibilities which apply to anyone in business, but most importantly, to those working with Boards. These responsibilities are intertwined with most topics covered during this course, including:

 

• Accountability – as a member of the Board you have levels of accountability in making sure that your organisation, and you in your role as a Board member, fulfil your obligations and ensure the operations are conducted appropriately. This includes proper reporting and monitoring.
• Goal Setting – strategic thinking, goal setting and project delivery are an important responsibility for organisations and in your role as a member of the Board.
• Funding Responsibilities – these financial and funding responsibilities are particularly relevant for community purposes, for example, with charities and are a function of your role as a Board member.

• Legal Responsibilities – As a Board member, your obligations to comply with the law are vital to the performance of your role. We will be going deeper into these during the course.

 

What information does this training offer?

 

This training includes a vast array of comprehensive topics including:

 

• What is governance
• The elements of governance
• Purpose and strategy
• The board
• Roles and responsibilities
• Risk management
• Performance, measurement and management
• Stakeholder engagement, accountability, compliance and transparency
• Culture

• Introduction to finance

 

Why is Governance and the above training so important?

 

Being on the Board of an Organisation is an important and very rewarding opportunity because it can bring positive opportunities to yourself and to the community.

 

Given the position on a board, there are a number of significant responsibilities and legal obligations which are particularly relevant for yourself, for the organisation in which you serve and for the community.

 

Failing to comply with these obligations can have serious ramifications and can even result in legal penalties and other serious repercussions being imposed upon you. For these reasons, it’s very important that you understand the requirements of governance so that you can meet them successfully.

 

Do you need Governance training?

 

Feel free to reach out to the team at AMK Law if you think your organisation or board members would benefit from this comprehensive governance training.

 

We want to make sure you’re protecting and meeting all of your legal obligations, as a board member or as an organisation – but also to help you manage your organisation more effectively, into the future.
 
AMK Law acknowledges the Traditional Owners of the land on which we are fortunate to live and work. We pay our respects to Elders, both past and present and further acknowledge the important role that Indigenous people continue to play within our communities.
 

Important disclaimer: The material contained in this publication is of a general nature only and it is not, nor is intended to be legal advice. If you wish to take any action based on the content of this publication, we recommend that you seek professional legal advice.

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