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Discover The New DNA of Corporate Governance
5 Levels of Corporate Governance &
5 Levels of CEO Work & CEO Capability
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A pre-Conference 2005 Symposium
Monday, August 8th, 2005 8:00am to 4:00pm
BMO Financial Group Institute for Learning
Toronto, Ontario, Canada
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What Thought-Leaders say...
“Boards must clarify what they are holding their CEOs accountable for”
William Donaldson
Former Chairman, US Securities and Exchange Commission
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“The 5 Levels of CEO Work provides a clarity in defining executive work and the evaluation of managers that makes accountability possible”
Bob Monks
shareholder activist,
founder of Institutional Shareholder Services,
co-founder of The Corporate Library, and
author of Corporate Governance
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“Every relationship in shareholder capitalism is distorted when boards and management only focus on short-term goals...
...too many CEOs are held accountable for work that is too short-term, operational and overpaid for the work they are doing...
...5 Levels of Governance and 5 Levels of CEO Work provides boards, CEOs and investors a framework to clarify levels of executive accountability and pay for performance that can truly create long-term value for shareholders and thus main stakeholders and society at large.”
Allen Sykes
former Managing Director Consolidated Gold Fields, and
author of Capitalism for Tomorrow
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The Overarching Concept:
There are 5 Levels of Corporate Governance and 5 Levels of CEO Work and the board must select the appropriate CEO level based on the strategic needs of the enterprise they oversee.
Each board must also ensure that the CEO Level of Capability and executive compensation align to the selected Level of Work to ensure organizational effectiveness.
Institutional investors need to recognize when the Level of Board capability is at too low a level to sustain the enterprise and the Board is at significant risk in destroying shareholder value in approving key investment decision, as a fiduciary for shareholders.
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Symposium Purpose:
This interactive event will challenge boardroom practices and show how Levels of Work can be applied in the Boardroom to drive long-term shareholder value. The event will address why shareholder activism is not going away and what should be board practices in this new era of corporate governance.
By using the powerful governance principles and processes of the
5 Levels of Corporate Governance and 5 Levels of CEO Work & Capability Directors can ensure they continue to work within the protections of the Business Judgment rule.
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Objectives:
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Pension Liabilities and Why Shareholder Activism is Not Going Away
Click here for supplementary article: "Liability Driven Investments" |
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Minimize Director Liability and Personal Risk |
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Recognize the Red Flags from key global institutional investors and their proxy voting guidelines |
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Fulfill Directors "Strategic Duty" and duty of "Good Faith" to the longer-term shareholders...
Click here for supplementary article: "The New DNA of Corporate Governance"
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Organization Structure / Accountability |
- Recognize the 5 Levels of Corporate Governance and implications for Director Nomination and shareholder risk
Click here for supplementary article: "Are boards and CEOs accountable for the right level of work?"
- Clarify Board and CEO decision authorities post Sarbanes-Oxley and recognize how these change at each of the 5 Levels of Corporate Governance
- Define CEO and Executive Accountabilities (5 possible Levels of Work) that link to equity market valuation and Total Shareholder Return (TSR)
- Define the correct number of management layers required for sustainable growth, increased return on invested capital and Total Shareholder Return, while minimizing wasted compensation (a fiduciary duty)
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Pay for Performance / Executive Compensation |
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Executive Talent Management / CEO Succession Planning |
- Design defensible CEO selection and succession planning proceses by applying the 5 Levels of CEO capability for talent assessment
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Explore the GO website for further related research and publications about Corporate Governance & Levels of Work
at: www.globalro.org/resource/articles.php
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Symposium Features:
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Concepts are researched-based. |
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Well-designed cases from real-life situations are used to illustrate key concepts, diagnostic processes, and remedies. |
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An outstanding faculty with extensive experience in different stakeholder roles. |
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Well-designed interactive processes to support learning. |
The GO website provides you with an open opportunity to explore related research
and publications about Corporate Governance and Levels of Work
at: www.globalro.org/resource/articles.php
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Who should attend:
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Directors and Officers |
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Corporate Attorneys |
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Corporate Secretaries |
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Institutional Investors and Money Managers |
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Securities Regulators |
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Judges |
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Senior HR Executives, and other professionals vitally concerned with corporate governance in the private sector |
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Business Media |
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Your Faculty of Governance Experts:
The Session Leaders are all members of the Global Organization Design Society who volunteer their time to staff Society programs.
(Click on the Session Leader's photograph to open their detailed GO Member Profile.)
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Larry Tapp LLD.
Chairman, Callnet (Sprint) Canada and ATS Tooling; Lead Director, Wescast Industries; Board Member, Talisman Energy; HR & Governance Committees, CCL Industries; Nominating & Audit Committees, SoftChoice; Compensation & Nominating Committees, Institute of Corporate Directors; Former Dean, Ivey Business School and Professor Emeritus.
He also founded the Ivey Public Policy Institute to promote the active involvement of Canada’s business elite in the formation of policies that impact global sustainable development.
Larry has been at the leading edge of applying Levels of Work and Levels of Governance in the boardroom to improve organizational performance and shareholder value.
He was previously the CEO of the Lawson Mardon Group, a global printing and packaging enterprise where he led the successful management buy-out. |
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Janet Kelly J.D.
Partner, Zelle, Hofmann, Voelbel, Mason & Gette LLP; Board of Trustees, Columbia Funds; Adjunct Professor, Northwestern University School of Law; Former Executive Vice President, Corporate Development, General Counsel & Secretary, The Kellogg Company; Former SVP, Secretary and General Counsel Sara Lee Corporation. Previously, Partner, Corporate & Securities Group, Sidley and Austin; and an Associate at Wachtell, Lipton, Rosen & Katz.
Her corporate experience leading Legal, HR, Internal Audit and Corporal Development functions, knowledge of Levels of Work and Requisite Organization principles along with her expertise in corporate law, corporate governance and the business judgment rule, provides her a unique vantage point in advising boards about director duties related to accountability, decision authority and pay for performance systems design. |
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Mark Van Clieaf
Managing Director of an international management consulting firm; Guest Lecturer, Corporate Governance, Ivey Business School; the National Association for Corporate Directors (NACD) Blue Ribbon Commissioner; CEO Succession Planning; Founding Member Executive Selection Research Advisory Board, Center for Creative Leadership; Past President, Strategic Leadership Forum; Member, International Corporate Governance Network and NACD.
His research, consulting and numerous articles on Levels of CEO Work, Levels of CEO Capability, Equitable CEO Compensation, Organization Design linked to Enterprise Value and Stock Price, and Corporate Governance provide the framework for this symposium. |
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Catherine Jackson C.A.
Manager, Corporate Governance & Proxy Voting, Ontario Teachers Pension Plan – one of North America’s top ten pension funds.
Catherine is a Chartered Accountant who has worked in audit, venture development, and management consulting in the banking sector consulting on investor relations and risk management to some of Canada’s major banks.
She has responsibility for issuing Teachers’ proxy voting decisions as manager of Corporate Governance and Proxy Voting. In this role, she monitors the corporate governance practices of nearly 800 companies worldwide.
Catherine is involved with several national and international corporate governance groups comprised of global institutional investors. These groups work with local regulators and companies to positively impact governance practices. |
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Paul Hodgson
Senior Research Associate for board and executive compensation,
The Corporate Library.
He is the author of numerous books and research reports on executive pay, including Building Value Through Executive Compensation, the latest volume in CCH Publishing’s Board Perspectives series, which includes a chapter on Levels of Work, Equitable Executive pay and the CEO pay multiplier.
He is also the author of Executive Share Incentives: Policy and Practice, The Directors’ Pay Report, My Big Fat Corporate Loan, Golden Parachutes and Cushion Landings and Golden Hellos.
Paul is the chief architect of The Corporate Library’s executive and director compensation databases and is regarded as one of North America’s leading analysts regarding executive compensation and corporate governance.
He has been researching and writing about executive compensation for
13 years in Europe and North America. |
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Time and Location:
Symposium Fee:
$ 495 USD or $ 575 CAD (all taxes included)
$ 325 USD or $ 395 CAD (all taxes included)
- for not-for-profit organizations and academics
Sunday August 7th - Dinner, Accommodation & Breakfast:
for those arriving from some distance to attend August 8th
Pre-Conference workshops: $115 USD / $140 CAD (all taxes/gratuities included)
Monday August 8th - Dinner, Accommodation & Breakfast:
for those attending Executive Day on August 9th: $115 USD / $140 CAD
(all taxes/gratuities included)
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| Do not hesistate to call us at (416) 463-0423 if you have any further questions about this event.
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Meet Your GO Event and Media Sponsors
This symposia has been provided to you in part by the generous Sponsorship of...
Further Sponsorship for your GO Event has been provided by...
(Click on the individual logos below to learn more about the sponsor.)
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