In this role-play simulation, a team of up to nine participants act as the board of directors of a privately-owned fishing company. The board has to make decisions about (1) a management proposal to acquire processing facilities in a foreign country, (2) an adjustment to the CEO’s remuneration package requested by the CEO following the significant depreciation of local currency. The board consists of three types of directors – affiliated (the two shareholders and a representative of the bank-creditor), executive (CEO and CFO), and independent directors (including the chairman) – as well as three committees responsible for Strategy & Investments, Nomination & Remuneration, and Audit.
- To experience real dynamics of the board of directors - To understand a systemic nature of boards and board-shareholders and boards- stakeholders' relationships - To learn to collaborate with people with different backgrounds and agendas - To practice roles of effective directors: expert, strategist, team player, mentor, owner, facilitator - To assess the personal motivation and skill required to become an effective board member
- Multi-Party Simulation
- Corporate Governance
- Board Dynamics
- Group Dynamics
- Board of Directors
- Board Committees
- Chairman of the Board
- Executive Compensation
- Board Process
- Strategy
- M&A
- CEO
- Fishing
- Q31617
- Corporate Governance
- Board Process and Remuneration at the Top
