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Focusing on corporate value creation in the global maritime industry
Published Jan 31, 2023 12:25 PM by:
CBS Executive Vonden
The maritime industry has consistently been the industry most affected by global challenges such as geopolitical instability, war and natural disasters. At the same time, we need to show resilience and bounce back quickly to recover, but operations are now more complex. The industry faces a variety of challenges, from changing energy markets to new environmental regulations to digitalization. Demand is very high.
Upskilling boards is a must, according to CBS survey
There is a growing number of future ‘blue’ board members for companies across the maritime industry. They are expected to be knowledgeable about increasing complexity, unpredictability and volatility, along with issues such as digitization, risk management and the environmental, social and governance (ESG) agenda. It has been.
Using the most relevant insights at a broad level to help companies better understand their strategy, operations, financial risks and performance to the benefit of all stakeholders by researching and researching steering committees It was recognized that it is important to strengthen know-how by As a result of the research, CBS Executive Fonden partnered with the Blue MBA Alumni Association to create the Blue Board Leadership Program, which aims to provide executives in the shipping industry with the tools and knowledge they need.
Blueboard Leadership Program
The Blue Board Leadership Program combines the world-renowned expertise within the CBS Board Leadership Program with an Executive MBA in Shipping and Logistics (The Blue MBA) representing successful participants over the last 20 years.
In developing this program, CBS Board Leadership Education and the Blue MBA Alumni Association worked with prominent professors from the Copenhagen Business School and other international universities and business schools, members of corporate boards of directors, and partners of many prominent companies. We are partnered.
Led by a world-class faculty of approximately 25 experienced professors, board leaders and advisors, and industry experts, the participants will work on industry-relevant cases during the program and become directors and board members of global companies. Focus on the most important problems and dilemmas facing Maritime and logistics companies. The program has received support from many leaders within the maritime community and is financially supported by the Danish Maritime Foundation.
The purpose of this collaboration is to meet the growing demands and expectations of an increasingly complex, unpredictable and volatile world, alongside risk management and environmental, social and governance (ESG) agendas. To prepare current and future “blue” board members. The program’s red thread is about creating value for companies, shareholders, stakeholders and society at large in the global maritime industry.
redefinition of purpose
Through this initiative, the Blue Board Leadership Program will provide knowledge and best practices on the functioning of boards of directors while meeting corporate governance requirements. The program aims to develop objectives, strategies, risk governance, and Address the challenges of redefining business practices. Ukraine.
The CBS Board Leadership Program and the Blue MBA Alumni Association believe this program will change the industry for the better.
Comprehensive education
A holistic focus on the interplay across the business and its strategic operations enables companies to grow faster, increase revenue and realize market opportunities. To support this, it is imperative that “blue” board members acquire knowledge of corporate governance systems, value creation, company law, and board dynamics.
The Blue Board Leadership Program strives to set the bar high by offering a robust board leadership training program based on the well-established CBS Board Leadership Education Program. Through case studies, it is anchored, relevant and adds value to the global maritime segment and its needs, incorporating sound principles and best practices for board membership, stewardship and governance. increase. This program showcases examples of high performance boards operating in leading global governance regimes.
We aim to show how boards can navigate accelerating change, the growing ESG agenda and increasing complexity within the sector’s global domain. Participants will discuss business success stories and lessons learned from failures, as well as ways to mitigate risks. This program explores ways to maximize business opportunity, growth and shareholder value through strategic board engagement.
The first class, which launched its first module in December, was fully subscribed, confirming the value education can bring to the higher echelons of the maritime industry.
detail
The Blue Board Leadership Program consists of two modules lasting four days each. In the 2023/2024 program, the first module will run from November 14-17, 2023 and the second module will run from January 29-February 1, 2024.
For more information and to register for the 2023 Blueboard Leadership Program, please visit https://cbs-executive.dk/en/program/blue-board-leadership/.
Learn more about the Executive MBA in Shipping and Logistics (The Blue MBA) from Copenhagen Business School at cbs.dk/bluemba.
This article is sponsored by CBS Executive Vonden.
The opinions expressed herein are those of the author and not necessarily those of The Maritime Executive.
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