NACD - National Association of Corporate Directors

The standard for corporate director education.

In the spirit of helping corporate directors foster boardroom cultures that are focused on continuous improvement, long-term value creation, and strengthening investor trust and public confidence, NACD has established the standard for director education.

The establishment of a standard in director education creates much-needed clarity about the knowledge and competencies directors should develop to become high-performing board leaders. This new approach to director education defines effective board leadership in relation to increasing expectations for director performance in a dynamic and constantly evolving business environment.

Using its proprietary framework, NACD's standard creates the most comprehensive director knowledge pathway—from awareness to insights to mastery.

NACD's Director Education Framework maps core responsibilities of the board to critical areas of director knowledge that are essential to a director's ability to lead with confidence in the boardroom.

Core Board Responsibilities Areas of Director Knowledge and Competency
  • Board Governance, Structure, and Function
  • Board Role and Structure
  • Director Duties and Liabilities
  • Board Operations and Process
  • Committee Roles, Responsibilities, and Activities
  • Ongoing Board Responsibilities and Activities
  • Financial and Managerial Decision Making
  • Talent Oversight
  • Strategy Oversight and Planning
  • Risk Oversight
  • Shareholder Considerations
  • Shareholder Engagement
  • Corporate Transformations
  • Emerging Issues
  • Perspectives on the Horizon

With 40 years of experience in developing leading and next-level boardroom practices, NACD developed this framework with input from leading corporate directors—including highly experienced members of NACD's education program faculty, governance thought leaders, institutional investors, and other stakeholders. The framework draws on NACD's extensive library of proprietary research, including findings and recommendations from our 23 Blue Ribbon Commission Reports, guidance from NACD's Advisory Councils, and our Key Agreed Principles for Corporate Governance.

Building on the cornerstone of our mission—to identify, interpret, and deliver insights on critical board issues—the NACD Director Education Framework helps directors

  • stay current on leading and next-level boardroom practices;
  • ensure their decisions and judgments are based on sound interpretations of the current and future environment
  • understand emerging issues, so that they can engage management in knowledge-based discussions about associated opportunities, risks, and challenges
  • reinforce their reputations as effective board members, even in times of great challenge; and
  • continuously improve their performance as individual directors and as part of a boardroom team.

From a practical, individualized perspective, NACD will use the Director Education Framework to help directors chart their own personalized roadmap for learning and development as they journey to become high-impact board leaders. Further, NACD is using the framework to redesign its more than 50 director education programs.

By taking a comprehensive approach to advancing exemplary board leadership, the NACD Director Education Framework serves as a model that all organizations providing director education can follow.

NACD will make the framework available to all organizations that provide corporate governance education under terms and attribution to NACD. In this way, the framework can elevate the value of all director education programs—helping to strengthen governance practices and promote sustainable, long-term corporate success.

Learn More

NACD director-education programs offer wide-ranging online and location-based opportunities, allowing you to select the content and format that works best for you and complements your current level of expertise.

Only NACD offers accreditation with The Gold Standard Director CredentialNACD Fellowship®—and allows you to compile, track, and share all corporate governance-related courses with the NACD Director Education Transcript.

Download 2017 Program Catalog ►

Contact by phone: 571-367-3638

Contact by e-mail: Education@NACDonline.org

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