Corporate Governance in State-Owned Enterprises (SOEs) Training Course

Introduction

"Strengthen the foundation of your State-Owned Enterprise (SOE) with our specialized Corporate Governance Training. This program delves into the unique challenges and responsibilities of SOEs, providing a comprehensive understanding of best practices in transparency, accountability, and efficiency. Equip your leaders and governance teams with the tools to enhance public trust, drive performance, and ensure sustainable value creation in the public sector. Learn to navigate the complex interplay between political, economic, and social objectives."

Duration

5 days

Target Audience

This course is designed for:

• Board Members of SOEs: To enhance their understanding of fiduciary duties and public sector responsibilities.
• Senior Executives and Managers of SOEs: To improve their governance and operational effectiveness.
• Government Officials and Policymakers: Involved in the oversight and regulation of SOEs.
• Compliance Officers and Legal Counsel: Working within or with SOEs.
• Internal Auditors and Risk Managers: Focused on SOE governance and performance.
• Anyone with an interest in improving the governance of public sector organizations.

Course Objectives

Upon completion of this course, participants will be able to:

• Understand the specific governance challenges of SOEs.
• Apply best practices in transparency and accountability.
• Develop and implement effective risk management frameworks.
• Navigate the political and regulatory environment of SOEs.
• Enhance the performance and efficiency of SOEs.
• Improve stakeholder engagement and public trust.
• Understand the importance of ethical conduct in SOEs.
• Implement robust internal control mechanisms.
• Understand the relationship between SOE governance and national development goals.
• Understand the importance of SOE contribution to ESG goals.

Course Modules

Module 1: Foundations of Corporate Governance in SOEs:

• The unique characteristics of SOEs and their governance challenges.
• The relationship between SOEs and government.
• Principles of good governance in the public sector.
• International standards and guidelines (OECD guidelines, etc.).

Module 2: Transparency and Accountability:

• Disclosure requirements and reporting standards.
• Auditing and financial oversight.
• Access to information and public accountability.
• Combating corruption and promoting ethical conduct.

Module 3: Risk Management and Internal Controls:

• Identifying and assessing risks in SOEs.
• Developing and implementing risk management frameworks.
• Establishing effective internal control systems.
• Fraud prevention and detection.

Module 4: Board Effectiveness and Leadership:

• The role and responsibilities of SOE boards.
• Board composition, independence, and performance evaluation.
• Leadership and strategic direction.
• Managing the relationship between the board and management.

Module 5: Navigating the Political and Regulatory Environment:

• Understanding the political context of SOEs.
• Managing government interventions and stakeholder expectations.
• Compliance with relevant laws and regulations.
• Public policy and SOE mandates.

Module 6: Performance and Efficiency:

• Setting performance targets and indicators.
• Measuring and evaluating SOE performance.
• Improving operational efficiency and service delivery.
• Commercial vs. public service objectives.

Module 7: Stakeholder Engagement and Public Trust:

• Building relationships with stakeholders.
• Communicating with the public and media.
• Managing public perceptions and reputation.
• Understanding the importance of public consultations.

Module 8: Emerging Trends and Future Challenges:

• The role of technology and innovation in SOE governance.
• Addressing climate change and sustainability.
• Privatization and public-private partnerships.
• The future of SOEs in a globalized economy.

General remarks

• Customizable courses are available to address the specific needs of your organization.
• The participant must be conversant in English
• Participants who successfully complete this course will receive a certificate of completion from Lenol Development Center.
• The course fee for onsite training includes facilitation training materials, tea break and lunch.
• Accommodation and airport pick up are made upon request
• For any inquiries reach us through info@lenoldevelopmentcenter.com or +254 710 314 746
• Payment should be made to our bank