Australian Institute of Company Directors Course
The long term productivity and profitability of the grassfed beef industry is reliant on the industry being represented by producers with strong corporate governance and leadership skills. Cattle Council of Australia, in conjunction with Meat & Livestock Australia, have been providing the opportunity for grassfed beef producers to develop their skills in corporate governance to ensure a sustainable and productive cattle industry through the Australian Institute of Company Directors Course. Thus far 40 cattle producers have been awarded a place through this initative since 2016.
What is the AICD Course?
The AICD Directors Course is a five-day comprehensive programme that covers board governance and directorship. Producers taking part in the course will gain an understanding of:
- The role of directors and issues involved in board participation.
- The need to measure risk and Risk Management Strategies.
- The importance of an organisations financial performance and methods for monitoring.
- Producers will also gain enhanced business skills that they can utilise in their own operations.
More information on the Australian Institute of Company Directors can be found here.
Cattle Council has also commenced a short 1 day course in governance for our committee members to upskill them in the responsbility of sitting on a consultative committee and correct decision making processes. The first course was run in March 2018 with 25 committee members in attendance. The next course is set to run in mid August.
‘I completed the AICD residential company director’s course about 15 years ago. At the time I was serving on three national boards and other NFP and community organisations. The training was invaluable, especially the work on financial indicators and strategic risk, and the case studies used in the course…’ - Lucinda Corrigan, Non-Executive Director, Meat and Livestock Australia, Director, MLA Donor Company, Director, Rennylea Angus
‘The Company Director’s course has equipped me with a broader skillset and provided greater knowledge of corporate structures, governance, risk and financial performance which I have been able to directly apply to our family beef cattle and cropping enterprise.’ Gail Godwin-Smith, “Mt Panorama” Rolleston Queensland
“I feel that the Cattle Council has given a fantastic opportunity to improve our personal development through education and knowledge which in turn gives us the confidence to help improve and direct the cattle industry.”
“Every director of a company should do this course. It is challenging but extremely worthwhile, you come away with an excellent skill set and tools. You are able to contribute in an efficient and worthwhile way at a board level. I feel much more confident in the board role, responsibilities and structure and am looking forward to using these skills in the future.”
“The CCA initiative to build capacity in the grass-fed beef industry has the potential to be one of the most game changing strategies our industry has seen. Once you've done the AICD course your world view is permanently altered and you will never look at the role of a director in the same light. I strongly recommend anyone involved in business or community organisations to apply.”