11.12 Induction of GOC Directors
In November 2000, the Premier opened the inaugural GOC Directors Forum organised by the Office of Government Owned Corporations and shareholding departments. The Forum provides for:
- expert tutelage on Director roles and responsibilities by the Australian Institute of Company Directors;
- shareholding Ministers and departmental officers to brief Directors and CEOs on their expectations, corporate governance arrangements and GOC - related policies; and
- GOC Directors and CEOs to provide feedback on how they think current arrangements can improve.
The annual briefing recognises that Boards of Directors are the prime drivers of corporate performance, and that for GOCs to maximise their financial and service performance, their Directors must fully exercise their skills and expertise. The Forum also serves as an ideal induction for newly appointed Directors.
The GOC Directors Forum will continue to be offered on an annual basis to dovetail with the commencement of the SCI and Corporate Planning process, and to cater for Board member turnover and new Government policies.
Last reviewed: 17 July, 2009
Last updated: 22 July, 2009
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