This masterclass explores the strategic importance of succession planning in today's governance landscape. It delves into the pivotal role of the Nominations Committee or what should more aptly be called the Talent Committee in shaping the future of the board. Participants will learn how to align boardroom talent with the organisation's long-term strategy, how to leverage key inputs such as board evaluations and rotation policies, and how to anticipate future skill needs. The session also unpacks the characteristics of a high-performing board and offers practical tools to define and cultivate the "secret sauce" that drives long-term board effectiveness.

Key takeaways:

• Succession planning – The process and The benefits
• Role of the NomCo – It should really be called The Talent Committee
• Identifying the Boardroom talent needed – start with the ambition and strategy of the organisation
• Critical inputs – Board and individual evaluations, rotation and clarity on future skill needs.
• A Great Board – Clarity on the secret sauce of what makes it work

About our Speaker

David W. Duffy is the co-founder of The Corporate Governance Institute which provides an accredited and online programmes Diploma in Corporate Governance and ESG globally. He is a graduate of Trinity College Dublin and a Chartered Accountant. He holds an MBA from IMD in Lausanne, Switzerland.He has extensive experience in advising on corporate governance, both in the public, private and not for profit sectors. He has been a board member on ten organisations in Ireland, UK and France.