Small- and Medium-sized Enterprises (SMEs) are key drivers of economic growth in our economy. Boards of early stage growth companies can contribute enormously to the growth and success of these businesses, but only if both directors and senior management of the firms understand and implement effective governance practices. The Small and Medium-sized Enterprise Board Effectiveness Program focuses on developing a toolkit for business success: practical knowledge and skills that enhance governance effectiveness. The program provides a hands-on framework for directors, entrepreneurs and advisory board members to explore governance issues unique to leading growth, and acquire the necessary knowledge to support Enterprise development at various stages.
Who Should Attend
The program is intended for participants who affect and are involved in small and medium enterprise governance–accountable for growth, sustainability and the well-being of an organization. Past participants have included directors, executives and entrepreneurs from public, private and not-for-profit boards/organizations. Individuals who are likely to assume corporate board positions in the near future will also benefit.
- explore the unique challenges in governing small and medium enterprises
- effectively communicate and collaborate with various stakeholder groups
- build and strengthen decision-making processes
- increase transparency and clarity of roles between management and Board members
- understand fiduciary roles and responsibilities
- add value to corporate strategy through an appreciation of the appropriate roles of management and board directors in the strategy process
This program is hands-on, practical and focused on concrete learning and skill development which is immediately applicable in the boardroom. Participants come away with enhanced knowledge and understanding of how to make their boards more effective and their companies more successful.
Executives in Residence
In addition to session facilitators, some of Canada’s leading Corporate Directors will also participate in the SME program as Executives in Residence. Participants will learn directly from their expertise and experiences in the boardroom and have the opportunity to engage with them in small group discussions. Executives also share methods which can be employed by small- and medium-sized companies to enhance the quality of their governance.
The wealth of diversity in the classroom creates a rich and dynamic environment which lends itself to an exceptional learning experience.
This program has been approved for 19.5 continuing professional development hours under section A of the Continuing Professional Development log of the Human Resources Professionals Association (HRPA™).
This next offering of this program is scheduled for April 1-3, 2014. Program days begin with breakfast between 7:00am and 8:00am. Sessions typically start at 8:00am and end at 5:00pm.
The program will be held at the Rotman School of Management in Toronto, Ontario.
- Roles of Management, Shareholders and Board Members in SMEs
- Board Composition and Director Recruiting
- Effective Board Processes
- SME Directors Role, Duty, Liability
- Enterprise Risk Management
- Influencing Change
- Effective Board Functioning: Mandates, Agendas and Processes
- Integrative Case Study
Download PDF version of the schedule.
For this program, the Ministry of Training, Colleges and Universities (MTCU) is providing a limited number of scholarships valued at $1,500. In keeping with the MTCU requirements the criteria for the scholarships is as follows:
- applicants must be Ontario residents and operating businesses that are primarily Ontario based
- applicants must meet the requirements for acceptance into the program
- applicants must submit a document indicating a financial need for the program. Note that persons whose board/company is paying for the program are not eligible for scholarships
There are limited scholarships available per program offering. If you are eligible and interested in applying, please contact our learning advisor at 416.978.8815 or email@example.com. There are limited scholarships available per program offering.
All scholarship applications will be reviewed by the program admissions committee. Applicants will be notified about the decision on admission and scholarship within two weeks of submitting their application.
How To Apply
Fee: $3,950 CAD + HST
Included in program fee*:
- all program materials and supplies
- completion certificate
- class-day meals (breakfast, lunch and breaks)
Before beginning the application process, please review the application policies. To apply, complete the online application form.
Apply NowSmall and Medium-sized Enterprise Board Effectiveness Program
Each application is reviewed by the program admissions committee to ensure participants have the appropriate academic and work experience. Applicants do not require a university degree.
Participant Notification Process
If space is available and eligibility requirements are met, participants will receive a notice of admission within 10 days of receipt of a completed application and fee deposit.
A deposit of 50% of the program fee is required at time of application. The balance of the program fee is due 30 days after receipt of invoice or 30 days before the start of the program, whichever is first. Payments can be made online. Applicants will be redirected to a secure online payment website after completion of the application form. Deposits will be refunded to applicants not accepted to the program.
Rotman Executive Program graduates or Rotman MBA / EMBA alumni are eligible for a discount equivalent to 10% of the Program tuition. In addition, partner discounts are also offered for some programs. Where program applicants are eligible for more than one fee reduction, only the greater discount will be applied towards the tuition fee. Discounts are not redeemable for cash.
*Participants will be responsible for their own travel, accommodation and incidental costs. Participants requiring accommodation during the program are eligible for preferred Rotman rates at select hotels. For more information contact an Executive Programs representative at firstname.lastname@example.org.