OVERVIEW

In today’s complex business environment, effective corporate governance is critical to sustaining trust, accountability, and long-term success. This training introduces participants to the core principles, structures, and practices of good corporate governance, helping organisations establish transparent leadership, clear accountability, and effective oversight mechanisms.

Participants will gain practical insights into how governance frameworks can be developed or strengthened to promote integrity, ethical behaviour, and strategic decision-making within the organisation.

OBJECTIVES

At the end of this training, participants will be able to:

• Understand the key principles and elements of an effective corporate governance framework.
• Identify the roles and responsibilities of the Board, management, and key committees.
• Examine the relationship between governance, risk management, and control functions.
• Apply best practices for setting up or improving governance structures in their organisations.
• Appreciate how strong governance enhances transparency, stakeholder confidence, and organisational performance.

CONTENTS

Module 1: Overview of Corporate Governance

Module 2: Governance Structure

Module 3: Governance in Controlled and Family-Owned Companies

Module 4: Setting Up or Strengthening Governance in Your Organisation

DURATION

Total Course Duration: ½ Day (4 Hours)

WHO SHOULD ATTEND

• Board Members and Senior Management
• Risk and Compliance Managers
• Process and Control Owners
• Internal Auditors
• Governance and Strategy Professionals

For more information or to register, please contact us at info@bicadvisory.com.ng.

OVERVIEW

This focused two-hour session helps board members understand the behavioural and relational dynamics that underpin effective board performance and governance outcomes.

While corporate governance frameworks provide structure, much of a board’s real effectiveness depends on human behaviour how members interact, challenge, influence, and decide together.

Drawing from behavioural science and boardroom psychology, this course explores how unconscious biases, social norms, and team dynamics influence board decision-making, trust, and performance. Participants will learn how to “read the boardroom,” identify behavioural patterns that affect governance, and foster high-trust, high-performance environments.

Objectives

By the end of this course, participants will be able to:

• Understand how behavioural science principles apply to boardroom decision-making.
• Recognize key behavioural traps such as groupthink, dominance, and confirmation bias.
• Identify how interpersonal dynamics affect collective board effectiveness.
• Apply practical behavioural frameworks to improve communication, trust, and challenge.
• Use behavioural insights to enhance board collaboration, independence, and oversight.
• Commit to one or more behavioural shifts to strengthen their board’s culture and outcomes.

Course Contents

Part A (60 minutes): Behavioural Science Foundations for Boards

Module 1: The board as a social system – formal structures vs. informal dynamics

Module 2: System 1 vs. System 2 thinking (Kahneman) – intuition vs. deliberation in board discussions

Module 3: Common cognitive biases in boards, anchoring, groupthink, authority bias, and overconfidence

Module 4: Behavioural roles and personality dynamics in board interactions

Module 5: Psychological safety and trust as enablers of effective board performance

Module 6: Quick reflection exercise – Which behavioural patterns do you notice in your board?

Part B (60 minutes): Applying Behavioural Insights to Board Effectivenes

Module 7: Applying the COM-B Model (Capability, Opportunity, Motivation → Behaviour) to improve board habits

Module 8: Diagnosing real-world board dysfunctions (silence, dominance, poor challenge, decision inertia)

Module 9: Interactive case scenario – “What’s really happening under the table?

Module 10: Introducing “behavioural nudges” for better board performance:

• Re-framing agenda topics to reduce bias
• Rotating lead discussants
• Redesigning meeting flow to encourage balanced participation

Module 11: Group activity – develop a Board Behavioural Action Plan (2–3 practical changes to implement at the next board meeting)

Module 12: Wrap-up and commitment reflection – “One behavioural insight I’ll apply immediately…

Duration

2 days

Who Should Attend

This course is designed for professionals involved in audit, assurance, and fraud risk management, including:

• Internal and External Auditors
• Risk and Compliance Officers
• Forensic Accountants and Investigators
• Finance Managers and Controllers
• Governance and Ethics Officers
• Public Sector Auditors and Oversight Professionals
• Senior Managers seeking to strengthen fraud controls in their departments

For more information or to register, please contact us at info@bicadvisory.com.ng.

OVERVIEW

Good corporate governance is the cornerstone of sustainable business success and stakeholder confidence. The Nigeria Code of Corporate Governance (NCCG 2018) provides a comprehensive framework for promoting accountability, transparency, and ethical leadership within organisations operating in Nigeria.

This training is designed to equip participants with a practical understanding of the Code’s provisions and how to effectively implement them across governance structures, risk management systems, and board practices.

Participants will explore real-life case studies and best practices to ensure full compliance with the NCCG while strengthening their organisation’s overall governance culture and performance.

Objectives

By completing this course, participants will be able to:

• Understand the key principles, objectives, and structure of the NCCG 2018.
• Interpret and apply the 17 principles across leadership, accountability, and transparency domains.
• Identify the roles and responsibilities of the Board, Management, and key committees under the Code.
• Assess and enhance governance practices to align with NCCG requirements.
• Develop and implement an effective corporate governance framework within their organisation.
• Understand the link between governance compliance, sustainability, and stakeholder trust.

Course Contents

Module 1: Introduction to the Nigeria Code of Corporate Governance (NCCG 2018)

Module 2: Core Principles of the NCCG

Module 3: Board and Management Responsibilities

Module 4: Implementing the NCCG in Your Organisation

Module 5: Governance Risk Assessment and Mitigation

Module 6: Ethics and Integrity in Corporate Governance

Module 7: Role of Committees: Audit, Risk, Remuneration, and Governance

Module 8: Governance Reporting and Disclosure Requirements

Module 9: Stakeholder Engagement and Communication

Module 10: Governance and ESG Integration

Module 11: Case Studies and Practical Applications

Duration
1 day (8 hours)

Who Should Attend

• Board Members and Executive Directors
• Company Secretaries and Governance Officers
• Compliance and Risk Managers
• Internal Auditors and Legal Advisers
• Senior Management and Regulatory Liaison Officers

For more information or to register, please contact us at info@bicadvisory.com.ng.

OVERVIEW

Family-owned and family-controlled businesses face unique governance challenges and opportunities. As ownership, management and leadership evolve across generations, the governance structures, decision-making processes and stake-holder relationships must adapt. This training enables owners, family members, senior management and advisers to understand and strengthen effective governance frameworks, covering business boards, family councils, ownership forums and the interfaces between them.

Objectives

By completing this course, participants will be able to:

• Understand the distinctive governance requirements of family businesses and how these differ from non-family enterprises.
• Recognize and design appropriate governance structures (Board of Directors, Family Council, Ownership Forum, etc.) suited for their family business.
• Identify roles and responsibilities of owners, family members in business, non-family executives and independent directors.
• Analyse decision-making processes, conflicts, succession planning, and family-business interface issues.
• Apply best practices for the formalisation of governance (charters, family constitutions, board committees) to enhance longevity and sustainability.
• Appreciate how strong governance in a family business builds trust among family members, professionalises operations and supports sustainable growth.

Course Content

Module 1: Introduction to Family Business Governance

• Definition and characteristics of family businesses
• Key governance challenges in family-owned firms
• Why governance matters for longevity, family harmony and business performance

Module 2: Ownership, Business and Family Systems

• Three key systems (ownership, business, family) and their overlaps
• Stakeholder mapping: family members, non-family executives, independent directors
• Aligning family values and business objectives

Module 3: Governance Structures in Family Businesses

• Board of Directors: composition, role of independent directors, reporting lines
• Family Council: purpose, membership, mandate
• Ownership Forum/Shareholders’ Meeting: role, rights, communication
• Family Constitution / Charter: content and governance value

Module 4: Roles & Responsibilities of Key Players

• Owners/shareholders: rights and obligations
• Family members in management: boundaries and professionalism
• Non-family executives: integration and accountability
• Independent directors/advisers: value-add and challenges

Module 5: Decision-Making & Conflict Management

• Processes for strategic decisions, major investments, succession
• Managing conflicts of interest and related-party transactions
• Behavioural dynamics: power, trust, legacy, psychological ownership
• Mechanisms for resolution and mediation

Module 6: Succession Planning and Leadership Transition

• Succession in ownership, board, and management roles
• Criteria and process for identifying next generation leaders
• Balancing tradition and innovation during transition
• Preparing successors and maintaining business continuity

Module 7: Risk, Oversight & Performance in Family Firms

• Governance oversight: risk management, audit, compliance in family business setting
• Performance measurement and accountability for family and non-family managers
• Governance committees adapted for family firms

Module 8: Professionalisation and Sustainable Growth

• Formalising policies, procedures and governance frameworks
• Transitioning from informal to formal governance systems
• Strategic growth, diversification, and governance scalability
• ESG, reputation and long-term value creation in family business

Module 9: Implementation and Road-Map Development

• Assessing current governance maturity in your family business
• Gap-analysis: where you are vs where you want to be
• Developing a governance improvement roadmap (structures, processes, behaviours)
• Change management and embedding governance culture

Module 10: Case Studies and Practical Workshops

• Real-life family business governance examples (local & global)
• Interactive workshop: designing structure, board and family council for a hypothetical family business
• Peer sharing: participants reflect on their own business governance challenges

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Duration

• Total Duration: 2 days (16 hours)
• Day 1: Modules 1-5 (8 hours including breaks)
• Day 2: Modules 6-10 (8 hours including breaks)
• Alternatively, configurable as two half-day sessions or a one-day intensive (8 hours) depending on audience availability.

Who Should Attend

This course is designed for:

• Family business owners and major shareholders
• Next-generation family members preparing for leadership or ownership roles
• Non-family executives in family-controlled companies
• Independent/non-executive directors, board members of family businesses
• Governance, risk, compliance and internal audit professionals servicing family businesses
• Advisers, consultants and legal or financial professionals working with family enterprises

For more information or to register, please contact us at info@bicadvisory.com.ng.