CPD case studies

Satisfying the Chartered Membership pathway's continuing professional development (CPD) requirement for the core membership categories can be achieved through both formal and informal learning. Five IoD members share their recent history of professional development to illustrate the range of activities that accumulate points.

Norah Barlow

Chartered Member (CMInstD)

Norah BarlowSummerset Group Holdings director Norah Barlow believes currency of knowledge is crucial to performing effectively, “particularly for me, being new at being a director in multiple companies with different business models and different norms for the board.”

She completed the Company Directors’ Course (CDC) in 2011, attends branch functions, has spoken at branch events, and reads boardroom regularly. Norah is also a member of Chartered Accountants Australia and New Zealand (formerly the New Zealand Institute of Chartered Accountants), enabling her to cross-credit accounting courses such as Audit and Risk Committees. Norah does not set a budget aside for professional development, but consults course calendars when planning her development for the year.

CPD points*    
Reading: 10
Presentations: 10
Branch events: 4
CAANZ course:
Total: 28

Aaron Rink

Chartered Member (CMInstD)

Aaron RinkA plumber by trade, CF Reese Group director Aaron Rink enlisted the help of a board to grow his company. He is now part of the IoD’s FirstBoards group and shared his experience in moving to a full board at the recent Undressing Governance seminar. Aaron has completed the CDC, Chairing the Board and Boards in Action, and has this year undertaken Strategy Essentials.

“I find the courses are a great way to gain targeted governance learning and also a way of re-energising myself and reconnecting with best practice in the governance sector,” he says.

Aaron is a frequent face at branch events in Waikato, and made the trip to Auckland for the 2014 IoD Leadership Conference in April. He reads boardroom and a host of governance articles, as well as keeping tabs on the IoD’s LinkedIn group.

Two of the boards Aaron now serves on have a dedicated budget for professional development, and he plans his according to which skills he will need each year.

CPD points*   
Reading: 10 
Presentations: 10
FirstBoards: 5
Strategy Essentials: 8
Conference: 12
Branch events: 10
Total: 55

Sam Robinson

Chartered Fellow (CFInstD)

Sam RobinsonAgResearch chairman Sam Robinson values branch events as opportunities to learn from other directors. He regularly attends those held in Hawke’s Bay and checks the IoD events calendar when travelling to Wellington. He is a mentor in the IoD’s Mentoring for Diversity programme and also speaks at a variety of events. He reads on governance matters in newspapers, online, and in boardroom.

Sam selects courses and branch events according to whether they fit his needs. Through his position on the board of a Crown research institute, Sam is also able to undertake courses run by Treasury’s Commercial Operations (formerly COMU).

CPD points*  
Mentoring: 15 
Reading: 10 
Presentations:   10 
COMU course: 
Branch events: 
Total:    51 

Tim Fulton

Member (MInstD)

Tim FultonExperienced in running his own companies, wine collector Tim is stepping into the realm of the professional director. Tim says that he needed to build a formal knowledge base in governance and undertook the CDC and Finance Essentials last year.

“I found it hugely beneficial in structuring governance principles that I now use more and more in a practical sense, as I gain experience as a director.”

Tim attends branch events, reads boardroom, and takes formal courses. He budgets $2500 - $5000 for professional development each year, and plans his development according to what the year ahead has in store for him. He is currently undertaking a six-week programme that offers mentoring from an online international business development team.

CPD points*      
Reading: 10 
Branch events: 
Third party course:
Total:    21 

 


John Palmer

Chartered Fellow (CFInstD)

John PalmerAs an experienced chair and non-executive director, John Palmer speaks on governance at a range of events and says he finds facilitating the IoD’s Chairing the Board course a great way to stay current. John is involved in mentoring through the IoD, and a number of aspiring directors have benefited from his experience. He attends two or three seminars a year across both Australia and New Zealand, with specific interests in governance and remuneration. John does not have a budget set aside for CPD, but accepts opportunities as they arise.

CPD points*  
Mentoring: 15 
Reading: 10 
Presentations:   10 
Branch events:
Total: 39         

 


*Please note:
The CPD points above are estimates, based on each member’s activity over the previous year, and indicate how many points each member is likely to accumulate should the pattern of their participation continue.