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On campus program

Strategy Governance for Boards

Confidently guide corporate strategy in turbulent times

On campus program

Strategy Governance for Boards

Confidently guide corporate strategy in turbulent times

Location

Lausanne

Length

2 days

Fee

CHF 6,600

Next program starts

03 March 2025

Eligible for

IMD board diplomas

Support and oversee strategy to create long-term value

Only 22% of board members say they understand their firm’s strategy. This is mainly because many board members lack expertise in strategy or are not up to date with the new rules of strategy in today’s world. Without a deep understanding of their role and responsibilities in strategy governance, many board members fail to add real value in this area.

IMD’s Strategy Governance for Boards program enables you to play a meaningful advisory role in the governance of your firm’s corporate strategy within the context of an increasingly complex business landscape. You will discover four types of boards based on their dynamics and explore what constitutes good strategy governance, and why some boards fail. You will also gain awareness of questions you need to ask to ensure your organization is designing a strategy that not only optimizes today’s business, but also prepares for the future.

Developed and led by the IMD Global Board Center, this program is grounded in the latest insights and best practices, empowering you to lead the future of governance with confidence and foresight.

Know your role

Understand the role of boards in strategy formulation and validation, and how it differs from the role of the management team.

Guide and monitor strategy

Ensure that your leadership is in tune with external changes and develops and delivers a strategy that is relevant for today and tomorrow.

Align governance mechanisms with strategy

Enhance organizational performance by ensuring that board governance mechanisms are aligned with your firm’s strategic objectives.

Avoid common pitfalls

Examine case studies of strategy governance failures and learn how to navigate and sidestep common pitfalls.

Is this program for you?

Our board programs are suitable for a wide range of board professionals including board members, chairpersons, board secretaries, aspiring board members, and professionals working closely with boards. We also welcome family business members and teams.

Benefit from a complimentary profile assessment to see if this is the right program for you.

Assess your profile

The model taught in this program showed me what ‘good’ looks like, and what it means for the board. Having a model and a language to use around strategy has been very useful in a simple and powerful way.

This program has enabled us to create and implement a successful action plan around strategy, resulting in a tangible and measurable impact.

The board’s role in strategy oversight was brought to life, thanks to the exercises and case studies of this program.

To my mind, all board members need to be following the Strategy Governance for Boards program, for the long term benefit of the organization.

Board strategy is not management strategy, and clearly knowing the difference is the added value I will bring to the board after this program.

Your learning journey

Day 1

Foundations of strategic governance

The role of boards in strategy
Does your firm have a good strategy?
Questions boards need to ask around strategy
Failures in strategy governance and how to do the right type of governance
What determines a firm’s performance and industry evolution

Day 2

Navigating disruption

Is your strategy ready for disruption?
Strategy biases among board members
Conclusions and wrap-up

A valuable board community

On completion of this program, you will be part of IMD’s board community. This network of board program alumni meets regularly – face-to-face and virtually – to exchange board experiences from different contexts and discuss the latest developments and trends in governance. You will be able to count on this valuable community of peers for advice and support far into the future.

To play a meaningful role in strategy governance, you must know what questions to ask and understand which mechanisms need to be put in place. This program will equip you with everything you need to confidently give strategy recommendations and guidance to your firm.

Read more

Goutam Challagalla Program Director

Goutam Challagalla

Professor of Strategy and Marketing and dentsu Group Chair in Sustainable Strategy and Marketing

Goutam Challagalla is Professor of Strategy and Marketing and dentsu Group Chair in Sustainable Strategy and Marketing. He focuses on how digital advances and sustainability concerns are impacting companies’ business strategies and approaches to marketing. Having helped companies to rethink their business models and build new capabilities in the …

Patrick Reinmoeller

Professor of Strategy and Innovation

Patrick Reinmoeller is Professor of Strategy and Innovation. His teaching, research, and consulting focus on strategic thinking for senior executives, with a particular emphasis on customer-centric innovation. He has particular expertise in the Japanese business sector, having lived and worked in the country for several years. Reinmoeller helps …

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Next start & fee

Length: 2 days on campus.

Dates

3 Mar – 4 Mar 2025

Location

Lausanne

Length

2 days

Price

CHF 6,600

Apply

Dates

13 Jun – 14 Jun 2025

Location

Lausanne

Length

2 days

Price

CHF 6,600

Apply

Dates

29 Sep – 30 Sep 2025

Location

Lausanne

Length

2 days

Price

CHF 6,600

Apply

Tuition, teaching materials, and lunch are included.
All fees quoted are exclusive of any value-added or other indirect taxes that may be due in any country.
IMD reserves the right to modify the program dates, location, and fee at any time.

IMD board diplomas

Two pathways to board excellence

Make your mark in the boardroom with IMD’s board diplomas, for aspiring or seasoned board members.

Learn more

IMD board diplomas

Two pathways to board excellence

Make your mark in the boardroom with IMD’s board diplomas, for aspiring or seasoned board members.

Learn more

One step closer to joining IMD alumni network

Successful completion of this program takes you one step closer to joining IMD’s powerful alumni network.

130k+ alumni

Networking

250+ events per year

Communities

50+ clubs worldwide

Resources

Learn more about IMD alumni network

On campus

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Chart your company’s ESG path to long-term success

Enables you to fulfill your role of influencing and steering the integration of sustainability into your company’s strategy. In collaboration with WBCSD.

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Boards and Risks

Risk governance and prevention in a chaotic world

Enables you to benchmark against best-practices on risk and adopt to the latest risk thinking.