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Board of Directors

Advanced Strategy Program for Executives and Board Professionals

Board of Directors is a high-level program with a truly global and strategic perspective for executives, board members, and future board members.

The program will develop executives' and board members' abilities to evaluate a company's strategy in a constantly changing business environment. The focus is on strengthening the boards' capability to direct the company. Participation in the program requires a commitment to evolving as a team member in order to make personal board performance more effective.

The Board of Directors program provides you with a view of the global economy, current trends and their impact on organizations, and how strategies are built. Tools are provided for assessing an organization's strategy from a board and executive perspective, together with new insights on building a board with dynamics that will facilitate smart decision-making.

After the program, you have enhanced your ability to

  • contribute to the success of your organization as a board member,

  • assess the strategy of the organization,

  • understand and contribute to the dynamics of the board in a positive manner to make the best possible decisions as a board, and

  • support the CEO and the executive board.

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June 12, 2024

The program has received excellent customer feedback. The overall impression of the program is 5.2 / 6.0.

'The ability to act as a strategic board member' was rated the key competence developed during the program.

Three module days supported by follow-up sessions offer an effective 6-month process for impactful learning.


The Board of Directors program offers ways for board professionals and top-level executives to develop a global mindset to sense and interpret transformation in the global economy. It strengthens your strategic view on how to capture competitive advantage and sustainable value in the constantly changing business environment and the ability to direct company strategy. The program supports company performance when developing more effective board dynamics and cultivating participants’ global and agile mindset.

Offers you new frameworks to develop a truly global mindset
Strengthens your strategic thinking in the global marketplace
Provides you with the tools to give high performance on the board you serve on or when working closely with the board

"The most important job of the board of directors is to create value for their organization and help managers in making better decisions."

What do You need to know as a new board member? Professor Pedro Parada shares his advice.

Read article


The Board of Directors program is designed for people with experience in, or aspirations towards, working on a board as well as for executives working closely with the board.

  • Board members in publicly held and privately owned companies seeking growth
  • Executives preparing to serve on a board
  • Executives working closely with boards

Contents and Schedule

The program combines the latest theoretical research on effective board work and real-world cases where practical knowledge stems from the successes and failures experienced by other companies. The focus is on strengthening the boards' capability to direct the company and make better decisions during these turbulent times.

The program consists of interactive lectures, practical case workshops, and discussions facilitated by top faculty familiar with the latest research and business. The follow-up sessions will build on the topics and frameworks provided during the contact days to deepen the impact of the learning and to offer a network of peers to test your thoughts, learn from the experiences of others, and develop as a board member.

Program Structure

Module Days

Intensive face-to-face sessions with faculty, keynote speakers and peers

Online Session: Follow-up and Reflection

Lecture, facilitated discussion, and reflections with instructor and peers

Program Closing

Closing event with keynote and discussions



Pedro Parada Balderrama

Pedro Parada is a Senior Affiliate Professor of Strategy and International Business at Católica Lisbon.

Parada has been researching and teaching strategy for 25 years. Before starting in his current role in Lisbon, he worked for years at Esade Business School in Barcelona and Georgetown University in Washington DC. Moreover, he has been training board members in both Madrid and Helsinki, and he is one of the instructors in Aalto University Executive Education’s (Aalto EE) Board of Directors program.

Dr. Parada has taught as Visiting Professor at HEC School of Management in Paris and SDA Bocconi in Milan for several years. In addition, he has coordinated and taught courses within the International Electives offered by Babson College. Dr. Parada has also taught for and collaborated with private companies in a wide variety of industries. He has written articles, case studies, and book chapters in English, Spanish, Catalan, French, German, Chinese, and Portuguese.

Pedro Parada holds a Ph.D. in Management, a Master's in Public Policy and Management, and an undergraduate degree in Economics.

Matti Suominen

Matti Suominen is Professor of Finance at Aalto University School of Business.

Suominen specializes in information economics in financial markets, market microstructure and corporate finance.

Suominen has previously worked as a consultant at the European Corporate Finance Practice of McKinsey & Co. and as a Chief Dealer in the Options and Futures Markets in Finland. From 1997 until 2006 he was in the full-time faculty at INSEAD, working first as an Assistant Professor and later as an Associate Professor of Finance. Although already also at the Aalto University, between 2006 and 2015 he has continued to work with INSEAD as an Adjunct Professor of Finance or as a Visiting Professor of Finance.  

Suominen is actively involved in management consulting for financial institutions and executive education. He has taught in the MBA, PhD, and executive education programs. He has also taught in several company specific programs worldwide.  

Matti Suominen did his PhD in Financial Economics in 1997 at the University of Pennsylvania, where he has also worked as a Visiting Associate Professor at Wharton.

Program Fee and Registration

Program start

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