Directors’ induction
Directors’ induction is the structured introduction that helps newly appointed directors understand the organisation and fulfil their board responsibilities. It covers the business model, strategy, operations, significant risks, governance arrangements, legal duties and the information available to the board. It should reflect the director’s role and experience, and can include meetings with key personnel and site visits. Induction begins the process of learning; continuing development remains necessary.
Worked example
A new non-executive director meets the finance and operations teams, visits a major facility and reviews board and committee responsibilities. The programme identifies a need for further training on the organisation’s regulated activities.
Common mistake
An introductory presentation or a copy of the annual report alone is unlikely to provide a sufficient understanding of the role.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Direct | September 2026–June 2027 |