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CHAIR OF THE BOARD IN LIFE SCIENCES
An Albright Academy Program

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INTRODUCTION

The role of the Board Chair has in recent years assumed greater complexity and significance requiring strong board leadership. The demands and challenges facing Board Chairs are ever-increasing ranging from setting direction and shaping strategy to acting as the pivot between the board, CEO and external stakeholders.

The Chair of the Board in Life Sciences program provides current or aspiring chairs with the opportunity to discover, share and practise techniques for achieving greater board effectiveness.

HIGH PERFORMING BOARD CHAIRS IN LIFE SCIENCES

The role of a high-performing Board Chair is crucial in steering a strong and effective Board of Directors, utilizing sound corporate governance practices. In the complex and dynamic healthcare sector, companies with professional Boards are more likely to experience growth and unlock business potential, ultimately leading to improved financial outcomes for all stakeholders.

 

Assuming the role as Board Chair in the Life Sciences industry is both demanding and rewarding. Essential to success is setting clear objectives and strategies, both for the company and the Board, and maintaining focus even in the face of financial, political, and crisis-related challenges. The Chair must be equipped with a steady hand, experience, and tools to effectively fulfill this demanding role.

Program

2-days program

Gain deep insights from 8 seasoned Board Chairs

Venue

Rungstedgaard

Rungsted Strandvej 107

2960 Rungsted Kyst

Date

30. + 31. October

2023

(in English)

Price

DKK 14.950,- + VAT

incl. materials, food, drinks etc.

DRIVING BOARD EXCELLENCE

Senior executives with extensive experience in the pharma, biotech, or medtech industry are prime candidates for Board positions in Life Sciences and Healthcare companies.

The 'Chair of the Board in Life Sciences' program aims to elevate your understanding and enhance your competencies, enabling you to serve as an effective Board Chair.

This two-day course offers valuable knowledge, best practices, and tools through presentations and hands-on case studies based on real-life challenges faced by Board Chairs in the Life Sciences industry. Our expert speakers bring a wealth of experience in chairing boards and driving value for companies in the sector.

Leveraging decades of experience and Life Sciences industry insights, Albright's board search services match governing boards with Non-Executive and Executive Directors who can best enable their continued success, diversity goals and mission fulfillment.

 

We have crafted this program to elevate Board Excellence in the Life Sciences industry and invite you to be a part of it.

How to Be a Good Board Chair?

The key is to remember you’re not the CEO.

― Harvard Business Review

WHAT YOU WILL GAIN BY PARTICIPATING IN THE PROGRAM

Eight seasoned Board Chairs will impart their expertise and practical insights on specific topics gained from their real-world experience in the Life Sciences industry. In groups, participants will assume the role of a Life Sciences company's Board/Board Chair and face real-life scenarios and dilemmas. The group discussions and decisions will be presented and critically evaluated by expert instructors leading the session.

TOPICS COVERED

 

Legal framework for the Chair of the Board

  • Election of the Chair of the Board

  • The legal duties of the Board and Chair of the Board

  • The Personal Liability Risks of Board Service

 

The Chair’s role

  • The role and responsibilities of the Chair

  • The key characteristics of a Chair person

  • How to Chair a board meeting

  • The do’s and don’ts of a Chairperson

  • Board Search & Board Assessment

 

Strategy

  • Strategy choice and implementation

  • The Chair’s co-operation with the CEO & the management

  • Succession planning

  • Stakeholder management

  • Risk spotting & issues/crisis management

 

Financing options & dilemmas

  • Securing the necessary capital

  • Financing research and development programs

  • Debt or equity financing

  • When to consider an IPO

  • The COB’s role in Capital raising and M&A processes

  • What investors are looking for

  • Investor types & how they match the company’s life cycle

  • Working with different investors

CANDIDATES FOR THE PROGRAM

The program focuses on the duties and responsibilities of being a Board Chair, so a foundational understanding of board work is necessary for participants. This can be achieved through prior board experience, general board education, or experience in top management at a Life Sciences company.

 

Contact us for further information on the program and the candidate profile at info@albrightglobal.com.

At the breakfast seminar you will be joined by seasoned experts with extensive experience with Board & Management cooperation in the life sciences industry.
When
31 Oct, 08:30 CET
Where
ADDRESS (Club Royal),
Tuborg Havnepark 15, 2900 Hellerup, Denmark
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