An Overview of the Assessment Process

• Trust, teamwork, integrity, open communication, and individual accountability define successful Boards who embrace methodical, comprehensive evaluations of their own performance and effectiveness.
• Assessment of Board, committee and Director performance and effectiveness provides opportunities for continuous improvement in a measurable way.

Assessment Categories

• Review of the Board as a team, including evaluation of the structure, processes, composition, and performance of the Board.
• Committee self-assessment and effectiveness.
• Individual Director self-assessment and peer evaluation relating to Board engagement, contribution, competencies, experience, and relevance to address the future challenges and growth of the company.

The Rationale

• Assess Board composition for the right competencies, experience, independence, and group dynamics to fulfill the company’s future strategy.
• Benchmark Board and committee function, processes, structure, and information architecture against governance best practices and compliance requirements.
• Determine effectiveness of each individual Director as a member of the team.
• Gain an understanding of Board performance and effectiveness, resulting in continuous improvement of the Board as a competitive advantage for the company.

The Assessment Process

• Appraisal forms: written survey/questionnaire, individual Director interviews, or some combination of written and oral appraisal.
• Customized to meet each Board’s needs and inherent culture to deliver the most effective results.
• Methodologies include objective, independent analysis; informed judgment; various assessment tools; published and in-house research; personal interviews; and in-depth discussions with Directors and senior management, as appropriate.
• Assessment results communicated in a thoughtful, sensitive, constructive manner with integrity, transparency, and service excellence, to encourage positive Board action and continuous improvement and provide a measurable frame of reference and insight into Board and Director performance.
• Expertise and counsel from our senior governance consultants who have years of experience working with corporate Boards and providing tailored solutions.

Corporate Governance Practice
Board Consulting and Corporate Governance Services
Board Director Recruitment Process