E-learning for Board Members

E-learning can be thought of as e-learning. It includes the acquisition of knowledge and skills using electronic technology.

E-learning and ICT for Board Members

Over the past decades, information and communication technologies have determined the development of modern society. Web, cloud services, streaming media, mobile applications, augmented reality are used in almost all spheres of human activity. Fluency in Internet and web technologies, the ability to find, retrieve and analyze the necessary information from various electronic sources, communication, and interaction skills in a virtual environment are almost mandatory requirements that are imposed on potential employees by current employers.

It’s just that employees, feeling themselves part of the organization (many of them already treated the company as their own), began to produce new ideas and proposals related to maintaining the business. And a solution was found – a team of top managers led by the CEO developed and defended a new business plan. As a result, they not only earned more profit for the company than they promised but also entered new markets. And even later, having left the company for various reasons, employees, meeting each other at various events, recalled the years of joint work as the best in their lives.

Most of modern ICT is based on the use of Internet and web technologies, which are the core of global information systems. The Internet, or the global computer network, opened up the possibility of exchanging data and information between computers connected to it. Thanks to the Internet, services such as e-mail, the Web, streaming, Internet telephony, Internet radio, Internet television have emerged. The user was able to access and exchange information with another user located anywhere in the world (provided he is connected to the global network). Thus, new opportunities have opened up for remote communication.

The Main Principles and Advantages of E-learning for Board Members

The main principles of e-learning for board members are:

  1. Compliance with the corporate governance code of the company and other corporate governance norms. Compliance with these obligations is only possible if the Board of Directors regularly reviews the company’s real corporate governance practices. The board should regularly review the company’s compliance with its code and take appropriate corrective action in the event of a breach.
  2. When a company adopts additional documents (for example, a code of business ethics) governing corporate conduct in the e-learning for board members, the Board of Directors must also monitor compliance with the norms enshrined in these documents. In particular, he can appoint a responsible person who will accept relevant complaints about violations of the rules of the corporate governance code and other documents adopted by the company governing corporate conduct.
  3. The degree of implementation of the decisions of e-learning for board members. Without the creation of effective mechanisms to control the execution of decisions, the role of the Board of Directors decreases. Therefore, this governing body should regularly hear reports from management on the implementation of previously adopted decisions. The assessment according to this criterion should be based on a comparison of the decisions taken by the board and the results of the implementation of these decisions.

Benefits of e-learning for board members:

  1. Flexibility in time and place.
  2. Improving communication between students.
  3. Improving communication between teachers and students.
  4. This gives room for a variety of learning styles and methods.
  5. Availability and availability of course materials.
  6. This reduces the burden on teachers.
  7. It gives students confidence and composure.