Stepping into the world of directorship
The Queensland Central Highlands’ peak non-profit organisations have come together to better understand the legal, financial and ethical responsibilities of company directorship and contemporary corporate governance.
Community leaders from the Central Highlands Regional Resources Use Planning Cooperative (CHRRUP), Fitzroy Basin Association, Central Highlands Cotton Growers and Irrigators Association, Central Queensland University, AgForce and the Central Highlands Development Corporation (CHDC) recently undertook the intensive, week-long company directors course in Emerald to better understand compliance and performance requirements of an effective board.
Facilitated by the Australian Institute of Company Directors, the course is the most established director program in the world and has played a vital role in founding director knowledge and governance standards
“There are significant implications for individuals taking on directorial positions in non-profit organisations in Australia and this course assists participants to make confident business decisions, boost the performance of their organisation, and importantly, safeguard their liability position,” CHDC General Manager and course participant Sandra Hobbs said.
Course participation was subsidised by the BHP Billiton Mitsubishi Alliance (BMA) Local Buying Community Foundation (LBCF).
LBCF is a critical element of the BMA Local Buying Program (BLBP).
The Foundation aims to enhance the economic sustainability of communities within BMA and BHP Mitsui Coal’s (BMC) immediate operational footprint and the broader Bowen Basin region.
Through programs and initiatives that target local business training and development needs, the Foundation is assisting to build and develop local capacity and capability.
“For us, it’s about making sure those sitting around our region’s board room tables have the necessary skills to run their organisations effectively, efficiently and within the full confines of their legislative obligations,” Local Buying Community Foundation Chair, Jessica Simpson said.