What is Continuing Professional Development (CPD)?
We acknowledge that many of our members already engage in professional development activity. The CPD requirement demonstrates to stakeholders and the broader community our collective commitment to having the requisite skills and knowledge to govern effectively.
Who does the CPD requirement apply to?
All Members, Chartered Members and Chartered Fellows are required to comply with the CPD requirement.
When do I start?
Your CPD start date will depend on when you joined the IoD, and is one month after your billing date. You can find it on your member dashboard here.
What is the foundation period?
You will have three years from your CPD start date to accumulate the required 60 points. There is no annual requirement for accumulating points. During your foundation period you will not be selected for any CPD audits.
How will the rolling 3 year points cycle work?
Following the foundation period you will be required to maintain 60 points over a rolling three year period. The three years cover points accumulated for the year you are in, plus the points accumulated in the two years’ prior.
What if I am unable to fulfil my CPD requirement?
There is one safety net opportunity for those unable to meet their CPD requirement. This is known as the period of grace in which you will be given a negotiated period of time to complete the outstanding CPD requirement. If you are unable to fulfil your CPD requirement following the period of grace, you may continue your association with the IoD as an Associate.
Professional development activities
What counts as CPD?
CPD covers the activities, both formal and informal, which a director undertakes to improve their skills and competence within the IoD’s New Zealand Director Competency Framework.
A wide range of activities counts for CPD including:
- professional development courses and branch events offered by IoD
- professional development by other organisations providing it relates to improving your governance performance
- other less formal activities, such as reading BoardRoom and making voluntary contributions to the development of the director profession such as participating in mentoring can also count.
Do board meetings count as CPD?
CPD is a commitment to lifelong learning to support directors in their governance roles. Attending board meetings for directorships (paid or unpaid) does not qualify for professional development.
How much will it cost to do CPD?
The cost is dependent on the activities you choose to undertake. It is possible to meet the requirement at little or no cost.
If you have any questions about planning your CPD please contact us at email@example.com
How are CPD points allocated?
The following elements are taken into consideration for each activity:
- time spent
- design/formality of learning objectives
- complexity/depth of learning
- engagement in learning/interactivity
- contribution to the profession.
40 points is the maximum number that may be awarded to any single activity. This ensures that members undertake a variety of CPD activities over their rolling three-year cycle.
Professional development with other providers
CPD activity undertaken with other providers attracts the same number of points as similar activities offered by the IoD, provided you can establish that the activity relates to your practice of governance as identified in the IoD New Zealand Director Competency Framework.
The IoD does not approve or accredit third party courses or activities.
What is the IoD New Zealand Director Competency Framework?
The Framework was developed in 2013 by directors for directors through a process of literature review, online survey, focus group feedback and comprehensive review. It underpins the IoDs’ drive towards the professionalisation of the New Zealand director community and is used to inform a broad range of development activities and tools for both boards and directors.
The Framework is consistent, and should be referred to in conjunction, with The Four Pillars of Governance Best Practice.
How is engagement in learning measured?
Engagement refers to the input required by the learner. This includes preparation and reflection, and also active participation eg. in a workshop setting.
How do rolling points work?
Following the foundation period members will be required to maintain 60 points over a rolling three-year period. The 60 points include those accumulated in the current year and the two years prior.
For example, it is currently 2019. In 2017 I logged 15 points and in 2018 I logged 30 points. This year I am required to earn 15 points to meet the CPD requirement.
How do I record my CPD activity?
When you login to the IoD website you will have access to your CPD dashboard. Courses and events booked through the IoD will be automatically logged for you. A simple to use table is provided for you to manually enter other less formal activities and third-party activity.
Please refer to our guide to allocating third-party points.
Your dashboard also shows you how you are tracking with your CPD at any point in time. If you prefer not to use the dashboard you may keep a manual log or digitally record your activity as you prefer. Upon selection for random audit you will be required to produce records showing:
- date of activity
- provider (IoD/third-party/informal)
- description of activity
- points allocated.
How do I find my dashboard?
When you login, click on My membership in the welcome box in the top right hand corner of the page, then select My CPD in the drop down menu.
How do I use my dashboard?
View the CPD Dashboard help page
How does the audit process work?
The audit process is in place to confirm that members are on track with their CPD, and where necessary the IoD will offer assistance. It is not intended to be a punitive process. The IoD will conduct random audit of CPD records from October 2017 onwards.
Who oversees the audit?
The Registrar will carry out the Audit and report to the IoD Council.
Will the audit results be confidential?
Audit selection will be conducted according to an individual’s member number, ensuring that member identities remain confidential. Member records remain confidential and all CPD processes and activity will be carried out with regard to our privacy policies.
If your question has not been answered above please email firstname.lastname@example.org