Courses
  • Date(s)

  • Offered
    • In-Person
    • Online
    • On-Site

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Overview

Boards are responsible for directing the affairs of the corporation. This online course discusses and explains the duties of loyalty, obedience, and due care, and the need for directors to acquire the minimum knowledge and skills necessary to fulfill their responsibilities within the cooperative context.

KEY TOPICS
  • An overview of today's multi-billion dollar electric utility business.
  • The concepts and values that govern cooperatively owned businesses and related types of organizations.
  • Legal and regulatory concepts affecting public utilities.
  • Key legal documents such as articles of incorporation and bylaws.
  • The role of management and guidelines for maintaining an effective relationship with the CEO.
DIRECTOR COMPETENCIES COVERED IN THIS COURSE

Protocol and Practices

  • Engages in activities that support the board in determining its own priorities and information needs.

Policy Development

  • Establishes policies that provides guidance and sets expectations for performance.

Board Accountability

  • Monitors board operations and takes responsibility for board actions and results.

Board/Manager Relationship

  • Builds a civil, constructive, mutually respectful relationship with the CEO.

Risk Management and Oversight

  • Forecasts and evaluates a variety of risks and identifies strategies to avoid or mitigate their impact.

Industry Principles and Concept

  • Knows the basic jargon and concepts of the energy industry.

Cooperative Principles and Practices

  • Demonstrates an appreciation of the cooperative buisness model and a commitment to cooperative values.

Member Focus

  • Focuses on the needs of members.

Self- Awareness /Continual Learning

  • Demonstrates an ongoing commitment to learning and self-improvement.

Diversity and Inclusion

  • Leverages the talents of each person and promotes cultural awareness among board members.

Integrity and Courage

  • Makes decisions and acts consistently with values, professional standards, and the broader interests of the cooperative.

CREDITS

NRECA – 1 credit

CEU – 0.6 credits

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Curriculum

Instructors

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Fees

$570​ per participant

Competencies

CORE COMPETENCIES
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ROLE-SPECIFIC
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SUPERVISORY, MANAGEMENT AND LEADERSHIP
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