Upgraded Director Program

Upgraded Director Program UDP

We believe that many of the problems of board of directors known by the business community originates in the lack of a professional look of it’s functioning, as an eminently human process.

The UDP consists of six sessions, where the different board members may learn of and analyze the most relevant aspects that involve being a professional board member.

Anticipation is a key factor in the functioning of a good board of directors. This is achieved mainly by enriching the conversations of the board in order to enable the company to adapt to the new scenarios.

It is around this “anticipation” axis that this Corporate Governance Program UDP is built.

Sofía Chellew: Twenty years of experience leading Investment Relations teams in multiple open companies in Latin America. Founder of Indigo Consultores, specialized in investment relations.

Sergio Guzmán: Twenty-seven years of experience in company boards. Director of the Upgraded Director Program, tomate®

Ricardo Jungmann: Attorney-at-law, with a long professional and academic experience in the corporate governance area, free competition, regulatory laws and compliance.

Karen Poniachik: Board member and Director at Columbia Global Centers Latin America.

Carlos Sanhueza: Entrepreneur, business director and consultant with a long-standing experience in negotiations in Chile and abroad. He is a professor at the Universidad Adolfo Ibáñez and other Latin American Universities.

Janet Spröhnle: Psychologist, Executive director and partner of People&Partners. In the past several years she has advised more than 250 executives in coaching programs.

1 Session

NEW AND IMPROVED MANAGEMENT PRACTICES

Expositor: Sergio Guzmán

a. Workshop BoardWorks®, board of directors’ portal

  • Security in information, cooperation and performance between sessions
  • Managing the Annual Agenda
  • Delivery of information for the sessions
  • Document Library
  • Review of minutes
  • Signing documents
  • Responding to surveys
  • Collaboration
2 Session

NEW AND IMPROVED MANAGEMENT PRACTICES

Expositor: Sergio Guzmán & Janet Spröhnle

b. Key processes

1. Board of directors' structuring

  • Diagnosis, manifesto and forms

2. Annual Agenda

  • Importance, urgencies, competencies and commitments
  • Cycles

3. Self-evaluation of the board of directors

  • Coordination, focus, architecture of information and compliance

c. State of relationships in Chile between CEO's and theirs board of directors

d. Acquaintance of board members in:

  • Do they really listen their CEO?
  • Do they recognize and support their CEO?
  • Do they realize the impact they have on the Administration and its priorities?
  • Are People a Priority to the board?
  • Long term focus and tangible value building
  • Balance between in what we have and in what we need
  • Which is our management people meter?
3 Session

NEW AND IMPROVED MANAGEMENT PRACTICES

Expositor: Karen Poniachik & Carlos Sanhueza

e. The human factor and risk

  • Conditioning human factors
  • Risk management and human constraints
  • We are dependent observers
  • Competence and diversity domains
  • Forecast errors
  • Black swans and probabilities
  • Is there such thing as risk experts?

f. New risks on the horizon

  • Foreign Corrupt Practices Act (Latam / SQM)
  • Cyber security and the role of the board of directors
  • ESG
  • Las preguntas que deben hacer los directores
4 Session

NEW AND IMPROVED MANAGEMENT PRACTICES

Expositor: Ricardo Jungmann & Sofia Chellew

g. Compliance and responsibility of the board of directors

  • Chilean and international experience
  • Compliance system evaluation
  • Contextualized care duty
  • Integrated risk pattern
  • Reporting channels
  • Review of some critic compliance risks
  • Reports

h. NCG Nº 385

  • Compliance standard in Chile
  • Relations with stakeholders
  • Good practices and company valuation
5 Session

NEW AND IMPROVED MANAGEMENT PRACTICES

Expositor: Carlos Sanhueza & Sergio Guzmán

i. Management skills

j. Managerial conversations

  • Effective coordination processes
  • How to find opportunities?

k. Functioning of a good board of directors

  • Dealing with errors
6 Session

NEW AND IMPROVED MANAGEMENT PRACTICES

Expositor: Carlos Sanhueza & Sergio Guzmán

l. The Volkswagen case

m. Board of directors’ role playing

n. What do we get?