Survey Results: Director Education/Orientation
1. Does your board require directors to obtain continuous
education: (Total responses: n=33)
(select only one) |
| n=5 (15.15%) |
Yes |
| n=2 (6.06%) |
Not anymore, we removed the requirement over the past
year |
| n=26 (78.79%) |
Never did require it |
2. If you answered "not anymore" or "never" above, does your board
encourage directors to obtain continuous education: (Total
responses: n=27)
(select only one) |
| n=21 (77.78%) |
Yes |
| n=4 (14.81%) |
No |
| n=2 (7.41%) |
Not yet, but it's under consideration |
3. Do any of your directors obtain – or will obtain during the next
year - continuous education by: (Total responses: n=32)
(select all that apply, may total more than 100%) |
| n=15 (46.88%) |
Third-party director colleges |
| n=13 (40.63%) |
Third-party education provided in-house (i.e. the teachers come
to the boardroom) |
| n=23 (71.88%) |
Other educational opportunities (e.gs. in-house training in the
boardroom, "homework," plant visits) |
| n=5 (15.63%) |
Doubt they will obtain any director education over the next year
|
4. If your directors obtain continuous education, are the topics
covered: (Total responses: n=30)
(select only one) |
| n=7 (23.33%) |
More business/operational in nature |
| n=23 (76.67%) |
More legal/governance/ethics in nature |
5. Does your company have a director orientation program for new
directors: (Total responses: n=33)
(select only one) |
| n=24 (72.73%) |
Yes |
| n=9 (27.27%) |
No |
6. Does the board require new directors to participate in the
company's director orientation program: (Total responses: n=33)
(select only one) |
| n=23 (69.70%) |
Yes |
| n=10 (30.30%) |
No |
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