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(PRESS RELEASE VIA SNO) – According to international research, there is strong evidence that a good corporate governance system is associated with tremendous financial and other benefits for all companies, whether private or state-owned.
One recent study showed that after seven years, organisations with “governance trained boards” saw a significant increase in their return on equity, while total shareholder return grew sixteen percent plus.
None of which is news to ‘Governance Guru,’ Dr. Chris Bart of McMaster University, Canada, and the Caribbean Governance Training Institute (CGTI). For the past four years the Saint Lucian company, co-founded with executive development consultant, Lisa Charles, has spread the gospel of good governance throughout the Caribbean region, meeting an increasing call for more robust oversight in all types of organisations at both Director and Board level.
On Wednesday, June 6, the Caribbean Governance Training Institute held a meet-and-greet networking event to introduce the most popular single event on their calendar, the Annual Hot Topics in Corporate Governance Conference which has been held in Saint Lucia every July. The two day conference has become a ‘must-do’ for Board Directors who want to keep ahead of the good governance curve. Past topics have included: Effective chairmanship, cyber security, crisis management, creative problem solving, emotional intelligence and effective behavioural strategies for boards.
In his presentation at The Harbor Club to some of the island’s most influential professionals, Dr. Bart stated that the 2018 event promises to maintain CGTI’s reputation for providing the highest quality presenters on the latest governance best practices and emerging issues. For the fifth year, an impressive cadre of attendees is expected to participate in the Hot Topics Conference under the
theme: ‘GETTING IT RIGHT – Best Practices for (Re)Establishing and Maintaining Trust in Governance.’
Clearly excited about what’s in store for this year’s crop of regional delegates, CGTI’s Executive Chairman stated: “The message to all board members is: What you’ve learned about governance in the last twenty years is now largely history. What you need to know for the next ten years is just starting to emerge. Why is it important? Because better businesses are built by better boards! All key stakeholders assume that board members already know these new requirements, but why leave it to chance? This conference is designed to ensure you do. It is intended to inspire the next generation of board members, to provide guidance for the creative destruction and replacement of what we take for granted, as well as to determine the governance needed to deliver on ever
changing stakeholder expectations.”
Among the Hot Topics to be covered are: Understanding their ‘trust’ roles, responsibilities and accountabilities as 21st century board members; maximising relationships between the board, management, employees, shareholders, regulators and the government; and performance management strategies for individual board members, as well as their renewal and succession plan.
This year’s conference will once again be presented by a world class team of governance thought leaders and practitioners, including professional director and award-winning governance advisor, Andrew Poprawa; marketing strategy expert and president of Millington & Associates, Steve Howse; executive compensation advisor and senior client partner for Korn Ferry Hay Group, Christopher Chen; and Professor of Entrepreneurship and Business Strategy, Marvin Ryder, who is one of Canada’s leading economic commentators.
“This is an essential event for incumbent and future board directors of any Caribbean organisation that wants to progress in today’s business world,” says CGTI CEO, Lisa Charles.
“For the fifth year in a row, the Hot Topics Corporate Governance Conference will offer a unique opportunity for Caribbean directors and executives to learn how to maximise their effectiveness as ‘governors’ of their enterprise. As an investment for any organisation, developing modern skills for the boardroom is what CGTI calls a ‘win-win-win-win’ strategy. Not only does the board benefit, but
also the stakeholders, employees and customers or clients of the organisation.”
CGTI’s Fifth Annual Hot Topics In Corporate Governance Conference takes place at Coco Palm Resort on July 9-10, 2018. To register, please email: [email protected] or call 758.451.2500/487.2433 For a PDF programme of the event, please visit