Course description
The Role of the Managing Director course is designed to equip you with the tools and knowledge to carry out this crucial and complicated position. Very few managing directors have formal training for the role and are expected to learn on the job.
Furthermore, serving as a managing director (MD) or chief executive officer (CEO) can be all-consuming, lonely, and stressful. Just three in five newly appointed MD/CEOs live up to performance expectations in their first 18 months on the job. Academic research demonstrates that traits such as drive, resilience, and risk tolerance make them more successful.
This course will cover not just the key skill sets of the managing director, but also the key mindsets and practices for excellence, and how the role is evolving more than ever.
Attendance at The Role of the Managing Director programme will help you in becoming a future leader. It will arm participants with the knowledge and practical skills required for developing, implementing and proactively leading and managing a successful organisation.
Upcoming start dates
Suitability - Who should attend?
The Role of the Managing Director course is aimed towards newly-appointed managing directors, those aspiring to the role or those looking to improve their performance with fresh insight from leading professionals.
It is also appropriate for those who are currently operating at a different function across their organisation and are contemplating a managing director role in the future. The Evolving Role of the Managing Director has been designed for executives, managers, and senior stakeholders from across the public, private and not-for-profit sectors.
This course is for you if you want to:
- Learn to develop and implement a company strategy
- Lead and motivate a successful organisation
- Learn how to manage change
- Learn how to build and maintain an effective management team
- Stay in control of the company’s finance
Outcome / Qualification etc.
On completion of this programme, you will:
- Be able to validate the company’s strategy in the context of the vision and mission of the business - it all starts with knowing where you are going and why
- Understand the challenges of managing strategic and operational responsibilities
- Develop an effective framework that “links” vision/mission with everyone’s role and ensures that everyone is pointing in the right direction
- Be equipped to lead with change management strategies, appropriate for the digital age
- Be able to effectively manage crises (short or long term) at any given time
- Be able to build and maintain an effective management team
- Be able to build an effective advice network and introduce diversity of thought
- Understand why boards (and therefore businesses) don’t achieve what they want
- Understand the managing director’s position alongside and compared to the aims and objectives of the board
- Understand the separate roles of the chair and the managing director
- Assume full accountability for the board for all company operations
- Build financial control and rhythm
- Understand good corporate governance
Training Course Content
Session 1
Mindset, Vision and Responsibilities
Key themes include:
- Exploring the roles, responsibilities and skills of the Managing Director
- Where is your Switzerland
- The Key Role of Non Executives
- The Evolving Nature of Boards
- Understanding your Governance and Legal Duties
- Developing Effective systems
- The Entrepreneurial Operating System (EOS)
- Objectives and Key Results (OKR’s)
Session 2
Identifying Priorities
Key themes include:
- Building Financial Control – Financial Management Cycle
- Variance Analysis and Forecasting
- Managing in an evolving environment
- Competitive Advantage through Horizon Scanning
- Dynamic risk and crisis management
- Case Studies
- The World of Leading in a Digital Age
- Approaches to innovation and considering new technologies
- 18 mindsets and practices of excellent CEO’s
Course delivery details
Delivery Options:
Virtual Classroom
We strive to create a positive and lasting impact through the delivery of our courses, which is why all our sessions are structured around taught theory, interactivity and shared experiences from the real world. Our online training courses are designed to create the optimum learning experience for the virtual environment. Our training is highly interactive; our tutors make regular use of whiteboard, annotate, polls and other types of interactive software to enhance the learning experience.
Face to Face
At In Professional Development, we ensure that your learning environment is one where you can get the most out of your study. The benefits of learning in a face to face environment means you have the opportunity to connect with, problem-solve, and network with other delegates from a wide range of backgrounds. In Professional Development deliver the most up to date and relevant solutions, to everyday real world problems for the working professionals.
In House Team Training
Our in-house service delivers tailored training solutions to assist businesses in achieving their goals. Unlike our open courses, our in-house offering provides completely customisable content that is built with your guidance to facilitate anything from large transformational projects to individual learner journeys.
Our dedicated bespoke account management team will work with you to ensure that the solution you and your business choose allows for the optimal learning experience.
Your In-House Training Options
- Off-the-shelf, existing programmes delivered privately for you and your team
- Part-tailored solutions using various elements of our existing programmes to create a unique programme aligned to your organisational needs
- Bespoke built programmes, created and designed entirely to meet your specific requirements and customised to your business’ goals
Why choose In Professional Development
Delivered training to over 10,000 organisations
92% of delegates rate our courses as 5 star
Created over 2,500 CMI registrations
Reviews
Average rating 5
The tutor was concise and structured in his approach. He was extreamly knowledgeable in this space, however he delivered it with humility and emotion to suit the audience.
It is clear that Andy has a deep knowledge base on what he is delivering. He makes what first appears to be an overwhelming subject understandable and digestible by breaking the...
Expenses
- Virtual Classroom: £1,300 + VAT
- Face to Face: £1,500 + VAT
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In Professional Development
In Professional Development are a professional training provider offering a wide range of professional development courses, on an accredited or non-accredited basis. Our course portfolio ranges from 1 to 5-day courses. We work with a range of partners to ensure...
Fluently presented, with specific examples covering a wide range of elements that touch the role of an MD.