What is a Chartered Director?

Chartered Director is the established international benchmark qualification for directors - the Gold Standard for the profession of directing businesses.

Chartered Directors must not only undergo training and pass a number of exams, they must also be able to prove a significant track record as a director to the IoD interview panel.

The Chartered Director programme is accredited by the Institute of Directors (IoD) which, like a university, holds a Royal Charter empowering it to award qualifications.

Chartered Director is the top IoD qualification - combining learning and actual professional experience.

Chartered Directors qualify through a programme of learning, development and assessment of experience in key areas of a board's work, including taking responsibility for:

• the company's vision, purpose and values in the context of its strategy in an holistic way
  
  
• delivering the strategy through appropriate control and performance monitoring and review
  
  
• stakeholders - their concerns, their needs and communication strategies
  
  
• ensuring the board works as a collective, has policies and procedures laid down, and engages in evaluation and development

Underlining these areas are directors' responsibilities in understanding their liabilities and their stewardship and leadership roles.

Being a Chartered Director demonstrates commitment to professionalism, integrity and lifelong learning.

Applicants must complete prescribed formal training leading to two levels of examination that must be passed:

1. Certificate in Company Direction, then
   
   
2. Diploma in Company Direction.

Having passed the examinations, candidates receive further training in:

• HR
  
  
• Marketing strategies, and
  
  
• Leadership and strategic change

Following successful completion of the examinations and further training, candidates are assessed for suitability for election by a rigorous interview process and must provide verifiable evidence of a track record in board-level leadership in significant organisation(s).

Chartered Directors must continue learning, and are required to complete at least 30 hours continuing professional development (CPD) training every year.

CREDIBILITY

The Chartered Director award:

• Is an internationally recognised professional qualification with designatory letters C.Dir.
  
  
• Demonstrates both acumen and business experience
  
  
• Is synonymous with professional excellence
  
  
• Is only available under the IoD's 1905 IoD Royal Charter

Knowledge

Required, formally tested knowledge includes:

• The role of the company director and the board
  
  
• The director and the law
  
  
• Corporate governance
  
  
• Management, direction and ownership
  
  
• Improving board effectiveness
  
  
• Strategic business direction
  
  
• Re-assessing and aligning human resources policies and practices in the light of corporate strategy
  
  
• Gaining competitive advantage through human resources
  
  
• The role of the board in integrating HR strategy with corporate strategy
  
  
• Finance, including understanding the terminology used by finance directors and accountants
  
  
• Evaluation of and monitoring financial health using accepted financial ratios
  
  
• Project appraisal skills using discounted cashflow techniques
  
  
• Marketing strategies
  
  
• How marketing can support and fulfil the objectives of corporate strategy
  
  
• Formulating market strategies and developing marketing plans
  
  
• The role of the board in determining marketing strategy
  
  
• Leadership and strategic change
  
  
• The role of the board in creating a culture committed to change
  
  
• Recognising the strategic issues, opportunities and pressures for change
  
  
• Planning and implementing change
  
  
• Decision making

All the above knowledge and experience is at the disposal of our clients upon request.

For more information about Chartered Directors, contact the Institute of Directors.

For more information about how our Chartered Director can help you, Contact us.