Outcomes Based Governance (Certificate of Competence)

King-IV deals with an inclusive approach to corporate governance based on a set of fundamental principles, including corporate citizenship, stakeholder inclusivity, the organisation as an integral part of society and integrated thinking. King-IV represents an effort to move away from a compliance-focused approach to corporate governance and reporting to an action-orientated model designed to promote positive organisational change.

The second short course in the CVO programme entitled “Outcomes based Governance in South Africa” examines outcomes-based governance and its application to emerging issues such as COVID and climate change. The course considers the drivers and consequences of good governance and how an outcomes-based approach to governance is essential for effective multi-capital management, stakeholder engagement and long-term value creation. On completion of the course, participants will have a detailed understanding of the importance of corporate governance for contemporary business. This understanding will further contribute to the skillset of Chief Value Officer aimed at bolstering economic, environmental, and social performance for organisations.

This online course follows a traditional business school approach. It is designed to provide participants with a conceptual and theoretical appreciation of outcomes-based governance in the context of integrated thinking and the role of the CVO. Participants will be exposed to a mix of technical and professional publications, complemented by relevant academic readings and presentations by the academic staff, practitioners, and other experts.

Each unit comprises prescribed readings and video content. Additional resources are provided to aid the learning process. These include research articles, extracts from websites and short commentaries.

The units are designed to run online with some flexibility to work through prescribed material. Live seminars form a key part of the course. They offer an opportunity to debate points, engage directly with experts and network with peers. These sessions will be hosted at the Wits Business School or on the DigitalCampus platform.