King V represents a substantive evolution in the landscape of South African governance, emphasising robust stakeholder engagement, sustainability, and digital transformation. This formal two -day programme will ensure that participants gain a thorough understanding of the latest updates and acquire the capacity to champion the effective integration of King V principles within their respective organisations.
The purpose of this training is to provide directors, executives, and governance professionals with an in-depth understanding of the principal changes, enhancements, and new perspectives introduced in King V in comparison to King IV. The King V Updates from King IV training will enable participants to competently evaluate, implement, and embed the updated governance principles within their organisations.
Course Objectives
By the end of this King V Updates from King IV Training, participants will be able to:
Comprehend and evaluate the key departures, enhancements, and new recommendations in King V compared to King IV.
Assess the implications of King V’s developments on board dynamics, stakeholder engagement, and organisational strategy.
Develop practical methodologies for integrating and embedding King V principles within governance frameworks and reporting processes.
Who should attend?
Board members and directors
Governance professionals
Company secretaries
Risk and compliance officers
Senior management
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
Session 1: Registration and Introduction
Welcome and articulation of objectives
Overview of the historical evolution of the King Codes (King I to King IV)
Clarification of expectations and participant introductions
Session 2: King IV Recap
Review of King IV’s sixteen principles of good corporate governance
Discussion of the application and outcomes-based approach
Exploration of board composition, stakeholder inclusivity, and integrated thinking
Session 3: King V – New Directions and Key Changes
Rationale for the introduction of King V
Examination of major updates including expanded stakeholder focus, sustainability, and ethical leadership
Introduction of new principles such as digital governance, climate risk, and social impact
Comparison between King IV and King V principles
Facilitated discussion on anticipated challenges and opportunities
Session 4: Practical Implementation of King V
Application of King V recommendations in boardroom practice
Analysis of governance transformation case studies in response to King V
Discussion of risk management and assurance under King V
Updates on integrated and sustainability reporting requirements