Frequently Asked Questions (FAQs)

Why was DPD introduced?

Shareholders and the broader community expect all directors to have the requisite skills, knowledge and understanding to fulfil their duties and govern their organisations effectively.

The extension of our DPD requirements will positively differentiate our members' capability and build greater confidence in the professional standing credibility and integrity of membership.

Who does DPD apply to?

Director Professional Development applies to our Members (MAICD), Graduates (GAICD) and Fellows (FAICD).

As entry to the category of Affiliates is open to those not currently practicing as a director, a mandatory requirement for director professional development is not necessary.

What is the Mandatory DPD Requirement?

You have three years after your member renewal in 2013 to accumulate the required 60 units of DPD.

After this period of time there is a once only opportunity (Period of Grace) for members who have not complied with the 60 units of DPD rolling 3 year requirement.

Members who do not complete the mandatory DPD requirements within the timeframe (or one-off grace period) will be ineligible for renewal in any membership category other than Affiliate.

How does the rolling 3 year period work?

After your initial perioud (also known as Foundation period), you will need to maintain 60 DPD units on a rolling three-year basis. The rolling three years will cover the year you are in, accruing 'new' DPD units plus the two previous years and their already acquired DPD units e.g. in 2016, your rolling three years will be 2016 / 2015 / 2014.

What is Period of Grace?

There is a once only opportunity (Period of Grace) for members who have not attained the 60 units of DPD rolling 3 year requirement.

Members who do not complete the mandatory DPD requirements within the timeframe (or one-off grace period) will be eligble for renwal in the Affiliate category only.

Do years of experience, or directors' meetings, count for DPD?

Director Professional Development is a commitment to lifelong professional learning.

Attending board meetings for directorships (paid or unpaid) does not qualify for professional development. We do, however, recognise the learnings you gain through your practical experience.

Professional development with other providers

DPD activities undertaken through other appropriate providers attract the same number of DPD units as similar activities offered by us, provided you can establish that the activities relate to the practice of directorship and governance as identified in the Framework.

Professional development through other providers will not be subject to the advice or approval of Company Directors.

How much will it cost to do DPD?

The cost is dependent on the activities you undertake. It is entirely possible for you to meet your DPD requirements at no cost. Your Member Relations Executive will have information about this.

How were DPD unit allocations determined?

Representatives from our executive and leadership teams undertook a review of the depth of engagement* required to demonstrate effective participation in all professional development programs and resources, as well as considering the benefits of contributing to Professional Development programs (e.g. developing and delivering presentations).

What is depth of engagement?

Depth of engagement refers to the level of preparation, participation and reflection required before, during and after our programs.

Courses attended before 1 January 2013

If you completed the Company Directors Course, International Company Directors Course, Board Ready or Mastering the Boardroom course in 2012, or in 2013, you will have the DPD units for the courses credited to your DPD requirement.

Activities from other providers of an equivalent standing in the same time frame will also be recognised. Members will need to maintain their own records for these activities.

An adjustment to DPD unit values will be applied if you do not complete the:

  • Company Directors Course
  • International Company Directors Course
  • Board Ready;
  • Or Director Nexus.

Cases will be referred to the DPD Coordinator for review.

Do units expire?

DPD units do not expire. They are accounted for on a rolling basis over a 3 year period. There is no specific unit per year requirement — just 60 units over a three year rolling period.

Your DPD record will be available on My Site via your member log in.

Who oversees the audit?

The audit will be overseen by our DPD Operations Group. Audit selection will be conducted according to an individual's member number, ensuring that member identities will remain confidential.

Reports are provided to the DPD Oversight Group, principally comprised of members.

Will Company Directors report on levels of DPD externally?

Your records will remain confidential and all DPD processes / activity will be carried out with regard to our privacy policies.

When will audits begin and who is eligible?

Audits will be undertaken on a monthly basis from February 2016.

  • Any member who has completed their first three-year foundation period is eligible for selection in the audit.
  • A small number of members will be randomly and independently selected via an automated process that will identify a sample of members who renewed the previous month.

Special consideration

Any member may request renewal into their existing membership class even though they have not fulfilled the Mandatory DPD Requirement. We may agree to such a request in exceptional circumstances. Such exceptional circumstances may include the following:

  • An extended period of illness.
  • An outstanding period of work challenge / adjustment (not including being located internationally.
  • A personal trauma.
  • Full-time study.
  • Extended travel overseas (for leisure and not work-related).

If you are exempted from the DPD provisions for special and compelling reasons - for details, see DPD Guidelines - this will last a full year. You will receive, prior to membership renewal, 20 DPD exemption units in your DPD record which enables you to readily re-engage in the DPD system once your year of exemption is over.

If you have further enquiries or wish to discuss more about your DPD please contact us.