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
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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 business 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.
Respect and Appreciation of Differences
Leverages the unique talents of each person and promotes respect of individual differences among board members.
Integrity and Courage
Makes decisions and acts consistently with values, professional standards, and the broader interests of the cooperative.[/accordion]
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Credentialed Cooperative Director Certificate (CCD)
CREDIT
NRECA – 1 credit
CEU – 0.6 credits
