Prepare Your Experience for Corporate Board Service

The Director Fundamentals SDFM Cohort is designed for up to 12 experienced defense financial management executives who are considering seeking a public or private company board seat.

Use Code SDFM26

Earn a prestigious credential

Build governance expertise

Gain strategic positioning

From Financial Leadership to the Boardroom

Your career may have required you to oversee complex budgets, strengthen financial controls, manage risk, support major acquisition decisions or ensure the responsible use of public resources.

That experience can be relevant to a corporate board. But boards evaluate candidates differently than employers evaluate executives.

They need to understand how your background would help you contribute to governance, oversight, strategy and long-term organizational performance. You also need to understand the responsibilities and expectations that come with serving as a corporate director.

Corporate Board Member and the Society of Defense Financial Management have created this dedicated cohort to help you make that transition more deliberately.

What You’ll work through

Understand the Role of a Corporate Director

Build a practical understanding of fiduciary duties, board structure, committee responsibilities and the distinction between management and board oversight.

Consider how your work in financial stewardship, audit, risk, acquisition, controls and organizational leadership may align with the needs of a corporate board.

Learn how boards approach shareholders, regulators, succession, executive compensation, financial reporting, enterprise risk and other major oversight responsibilities.

Identify the types of companies and board opportunities where your experience may be most relevant, then develop a clearer explanation of what you would contribute.

Reshape your board resume, professional biography and LinkedIn profile around how nominating committees evaluate director candidates.

who this cohort is for

the CORE LEARNING MODULES

Understand director duties, board and committee structures, fiduciary responsibilities, legal liabilities and the expectations placed on corporate directors.

Key Insights Learned:

  • Director duties and oversight responsibilities
  • Board structure and operations
  • Compliance and liabilities for boards
  • Boards and shareholder engagement
  • Disclosures and reporting
  • Understanding and navigating today’s risks
  • Director onboarding best practices

Learn how shareholder expectations, regulatory requirements, proxy advisors and external stakeholders influence board decisions.

Key Insights Learned:

  • Stakeholders’ short and long-term expectations
  • The role of regulators in your ESG conversations
  • Roadmap to approaching ESG in the boardroom
  • How to properly communicate ESG initiatives
  • ISS expectations for cybersecurity

Examine board composition, director succession, board evaluations, committee effectiveness and the practices that support sound governance.

Key Insights Learned:

  • Responsibilities of the Nominating/Governance Committee
  • Overview of board and committee composition
  • Oversight of board function and evaluations
  • CEO and board succession planning
  • Best practices for onboarding new committee members
  • Overview of the board assessment process and disclosures
  • The board’s role in change management

Understand the board’s responsibilities for CEO succession, executive compensation, leadership, culture and workforce oversight.

Key Insights Learned:

  • Compensation committee responsibilities and operations
  • The relationship between comp committees and HR
  • Developing peer groups for your executive pay program
  • Trends in director pay
  • Shareholder engagement around human capital
  • Director insights on the role in overseeing human capital
  • How governance of human capital and talent is shifting

Explore audit committee responsibilities, financial reporting, internal controls and oversight of internal and external auditors. This module will also help you understand how corporate board oversight differs from financial management in a defense environment.

Key Insights Learned:

  • Audit committee responsibilities and operations
  • Oversight of financial reporting for audit committees
  • Oversight of internal and external auditors
  • Response readiness and preparing for a crisis
  • Director insights on digital transformation
  • CISOs advice on security measures boards should address
  • Technologies reshaping today’s businesses

Examine the board’s role in enterprise risk, cybersecurity, emerging technology, geopolitical exposure and crisis readiness.

Key Insights Learned:

  • Enterprise risk management frameworks
  • Crisis management and business continuity
  • Cybersecurity and technology risks
  • Market and operational risk assessment
  • Board’s role in risk appetite and governance
  • Risk reporting and board oversight responsibilities

EXCLUSIVE SDFM COHORT EXPERIENCE

SDFM cohort participants will attend a virtual Director Fundamentals workshop alongside other program participants, led by an experienced board director. This comprehensive session covers core board duties, governance best practices and current boardroom priorities.

SDFM cohort participants will join four exclusive monthly virtual sessions led by experienced financial management mentors. These 60-minute sessions provide practical application of course modules, peer discussion and Q&A with financial managers who have successfully transitioned to board service.

An exclusive SDFM cohort session focused on positioning financial expertise for board opportunities. Learn how to translate your finance management experience into a compelling board value proposition and craft a board-ready resume.

Each SDFM cohort participant receives personalized resume review and feedback from experienced finance management mentors who have served on public company boards.

What You’ll Come Away With

WHAT PROGRAM GRADUATES ARE SAYING

Is Corporate Board Service Part of Your Future?

Explore how the Director Fundamentals Program SDFM Cohort helps oversight leaders prepare for their first board role and add strategic value from day one.

Connect with our program manager Liz Fallon to learn more.