The Director Tools is a collection of documents, templates and question banks which deliver high-level practical guidance on core Australian boardroom topics. They are among the AICD’s most frequently used resources and examine issues ranging from the rights of directors and directors’ fees to financial reporting requirements and board minute taking.
Who can use the tools?
The tools are appropriate for aspiring, new and established directors alike. They provide quickly digestible, trusted guidance that can be readily accessed and brought into boardroom and other governance discussions. They assist in facilitating more efficient processes for your board and better decision making for your organisation.
What are examples of the latest tools?
Here are some of the latest updated important tools which are proving to be popular with directors.
Governing organisational culture - A practical tool to help shape the approach to governing organisational culture.
Modern Slavery Risk Oversight - A tool to assist directors with their oversight role of modern slavery risk in their operations and supply chains.
Board Governance in the Aged Care Sector - Designed to assist directors consider their duties to protect the vulnerable people under their organisational care.
Board Minutes - General practical guidance on the purpose, form and function of board minutes.
Up-to-date information on governance concerns
In revising all the tools, the AICD has taken into account the latest legislative developments, current regulatory compliance advice and best-practice governance principles. They include details of relevant changes to help you and your board carry out your duties.
How are the tools organised?
All tools have also now been recategorized into four groups: Individual, Board, Organisational and Stakeholder. The four groups align with the AICD’s Corporate Governance Framework™, a comprehensive map of boardroom responsibilities, competencies and processes. The tools therefore now also align with the Self-assessment Tool (SAT), a 20-minute personal assessment which maps an individual’s director capabilities.
Click here to access the tools