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BoardEvals Launches New Evaluation Services Click here to read the press release.
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Improve Board Performance & Governance Throughout the Year
Improving the performance of your board and governance practices is not a “one time” event. In order to ensure continuous, sustained improvement in these areas, your organization should adopt a standardized, ongoing process that is conducted throughout the year.
In support of this, BoardEvals offers comprehensive suites of board evaluation and governance tools. Each annual subscription provides unlimited use of the board assessments and board self evaluation tools within that suite. These tools can be used throughout the year to improve the performance of your board, as well as the overall governance of your organization. While the optimal tools and associated deployment timeline may vary by organization, we have provided a recommended timeline below that you can use as a starting point in assessing your organization’s needs. Of course, this can be varied to meet the specific requirements of your organization.
Recommended Evaluation Sample Timeline
Q1 - Prepare for the Annual Shareholders Meeting
- Board Skills Assessment – Does the board have the right skill set for the organization?
- General Board Evaluation – How well is the board performing, and what are its strengths & weakness?
- Director Peer Evaluation – Are all of the board members contributing as expected?
- Director Self Assessment – Are the contributions of each director in line with their own expectations?
Q2 – Assess the Level of Board Engagement
- Board Engagement Evaluation – Is the board focused on the right things, and involved to the right degree?
Q3 – Perform Mid-Year Checkup
- General Board Evaluation – Is the board improving throughout the year and addressing its weak areas?
Q4 – Prepare for Annual Strategic Planning Process
- Enterprise Risk Assessment – Have potential risks been identified, and preparations made to deal with them?
- CEO / Executive Director Evaluation – How is the leader of the organization performing, and how can they improve?