Introduction
The induction of new board members is crucial for ensuring they understand their roles, responsibilities, and the operational landscape of the SACCO. This course is designed to provide new board members with essential knowledge and skills to effectively contribute to SACCO governance and strategic direction.
Duration
5 Days
Target Audience
Newly elected or appointed board members of SACCOs who are unfamiliar with their roles and responsibilities, including those transitioning from other leadership positions within the SACCO.
Course Outline
Course Objectives
- Provide an overview of SACCO governance structures, regulatory requirements, and operating environment.
- Equip new board members with the necessary skills and knowledge to fulfill their fiduciary duties effectively.
- Foster understanding of the strategic objectives, mission, and vision of the SACCO.
- Enhance communication, collaboration, and decision-making among board members.
- Empower new board members to contribute meaningfully to SACCO governance and sustainability.
Course Modules
Course Outline
Module 1: Introduction to SACCO Governance
- Overview of the SACCO sector: history, purpose, and regulatory framework.
- Roles, responsibilities, and duties of board members in SACCO governance.
- Understanding the SACCO's mission, vision, values, and strategic objectives.
- Introduction to governance structures: board composition, committees, and executive management.
- Case studies on governance successes and challenges in SACCOs.
Module 2: Fiduciary Responsibilities of Board Members
- Legal and ethical obligations of board members in SACCO governance.
- Financial oversight: budgeting, financial reporting, and risk management.
- Conflict of interest policies and ethical decision-making.
- Role of board committees (e.g., audit, risk, governance) in governance effectiveness.
- Practical exercises on financial oversight and fiduciary responsibilities.
Module 3: Strategic Planning and Decision-Making
- Importance of strategic planning in SACCO sustainability and growth.
- Strategic alignment with the SACCO's mission and member needs.
- Board's role in setting strategic goals and objectives.
- Decision-making processes: consensus-building and managing dissent.
- Scenario-based workshops on strategic decision-making in SACCO governance.
Module 4: Communication and Collaboration
- Effective communication strategies for board members.
- Building productive relationships with stakeholders: members, staff, regulators, and community.
- Board dynamics and teamwork: roles, responsibilities, and expectations.
- Conflict resolution and building consensus within the board.
- Role-playing exercises on effective communication and collaboration.
Module 5: Leadership and Governance Excellence
- Leadership styles and their impact on SACCO governance.
- Building a culture of transparency, accountability, and integrity.
- Continuous learning and professional development for board members.
- Evaluating board performance and enhancing governance effectiveness.
- Action planning for personal and collective board development.
Related Courses
Course Administration Details
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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