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BOARD LEARNING AND DISCOVERY COMMITTEE MOTION AND FINAL DOCUMENT Summary following Motions and Documents were considered by the Board Learning and Discovery Committee at its Friday, November 27, 2015,
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Board learning and discovery refers to a formal process through which boards of directors engage in education and exploration of new information, practices, and strategies to enhance their governance capabilities and decision-making.
Typically, members of corporate boards and trusted advisors are required to file board learning and discovery to ensure compliance with regulatory standards and to demonstrate their commitment to ongoing education.
To fill out board learning and discovery, individuals must complete a designated form that includes sections for personal information, educational activities undertaken, and reflections on how these activities will impact governance practices.
The purpose of board learning and discovery is to foster continuous improvement among board members, enhance their knowledge and skills, and ultimately improve the performance and accountability of the organization.
The information that must be reported includes the type of educational activities participated in, the duration of participation, the objectives of these activities, and how they relate to the board's governance responsibilities.
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