Corporate Governance, Business Ethics and Social Responsibility in the Public Services
Learn corporate governance in public services: ethical conduct and accountability. Master risk management and compliance for sustainable public sector management.
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Available Online and In-class
Corporate Governance, defined by elements such as rules, regulations, legislations, and principles, has traditionally been well-structured in the private sector. However, its significance in public services has recently gained attention due to the scope and impact of public service delivery. Public governance knowledge is crucial to ensuring efficient and quality public service, which in turn determines the quality of life. Corporate governance is vital for small public companies to scale up and for large ones to attract investor interest.
The public sector faces a high risk of fraudulent and unethical practices, employee dissatisfaction, misalignment, and lack of engagement by managing committees. Poor corporate governance can damage an organisation’s credibility, integrity, and financial stability. Conversely, good governance enhances wealth management, public engagement, and corporate citizenship through ethical conduct and environmental responsibility.
Prospen Africa’s Corporate Governance, Business Ethics and Social Responsibility in the Public Services course aims to:
Provide an in-depth understanding of corporate governance in the public sector.
Identify pain points such as budget deficits, inefficient resource use, low service quality, and lack of accountability.
Devise measures to address these issues for better management and administration.
Participants will gain the knowledge and skills necessary to improve public service delivery, build a successful career in the public services industry, and enhance their organisations’ value by reducing financial risks and increasing shareholder returns.
Course Objectives
The primary objective of the Corporate Governance, Business Ethics and Social Responsibility in the Public Services course is to empower public sector professionals with:
An in-depth understanding of Corporate Governance in Public Services, including:
Necessity and benefits of proper corporate governance.
Prevailing issues and their possible solutions.
Balancing financial optimisation, shareholder resolution, and public quality of life.
Managing the shift from old administration methods to new corporate techniques and best practices.
Devise and implement strategies for long-term success and sustainability.
Building an effective structural framework for accountability and ownership among stakeholders.
Enhancing skills to become more effective and efficient public service professionals.
Managing conflict better with enhanced experience and perspective.
Who should attend?
Directors, Board Members, Chief Financial Officers, and other top management members to understand and master critical aspects impacting service delivery efficiency and quality.
Shareholders and investors involved or interested in a firm’s delivery and function.
Human resource directors and professionals responsible for compensation and work culture.
Legal professionals involved in preparing contracts and legal agreements.
Auditors and compliance agency members ensuring transparency and integrity of public sector organisations.
Training Methodology
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content. – Course Material: Access well-crafted supporting resources. – Group Work: Collaborate on discussions and case studies for practical insights. – Workshops & Role-Play: Participate in immersive, scenario-based activities. – Practical Application: Focus on applying theoretical knowledge in real situations. – Post-Training Support: Receive extensive support after training for skill implementation.
Training Outline
Module 1 – Corporate Governance in the Public Services
Overview and importance
Impact on society and the economy
Module 2 – Role of Board Members
Types of Boards
Duties and responsibilities
Characteristics of an effective Board
Managing responsibilities in mergers and acquisitions
Module 3 – Other Roles in Corporate Governance
Investors, CEOs, Employees
Auditors/Compliance agencies
HR professionals, Legal professionals
Society
Module 4 – Challenges in Corporate Governance
Ethical issues
Internal and external pressures
Risk management and mitigation
Inaccurate data reporting and disclosures
Module 5 – Corruption Challenges
Scope and types of corruption
Prevention strategies
Laws and institutional frameworks against corruption
Module 6 – Mandates for Effective Corporate Governance