Performance Assessment

Inform the approach to achieving structured, strategic improvements for your board.

BOARD ADVANCE

Structured, strategic improvement.

By implementing a comprehensive assessment process that utilises proprietary diagnostic tools and meaningful dialogue, Board Advance can accurately chart your board’s performance against modern benchmarks of best-practice governance.

Having been a trusted third-party to leading Australian boards for decades, the AICD is the perfect independent partner to assist boards in conducting a structured, anonymous and confidential review of governance arrangements.

GUIDED SELF-ASSESSMENT

A comprehensive assessment of governance arrangements and individual director performance or skill contribution using the online, survey-based tools of the Board Diagnostic Suite.

INDEPENDENT EVALUATION

A deeper evaluation and exploration of measures that can improve governance performance, with analysis of governance issues and detailed recommendations.

DIRECTOR DIAGNOSTICS

Explore individual director contribution to collective board skills and aspects of director performance. 

BOARD DIAGNOSTICS

Focus on the whole board and its operation in the context of contemporary, best-practice governance.

Ongoing Assessment.

Assessment is not simply a ‘set and forget’ process. To meet contemporary governance requirements - and stay ahead of the curve - board performance must be assessed meaningfully and at regular intervals. 

A clear and systematic approach, combined with a focus on the right performance drivers, is fundamental to keeping your board sharp on governance matters: understanding strengths and weaknesses, identifying blind spots, and providing insight into performance improvement opportunities.

Guided governance self-assessments are online, survey-based tools that can provide valuable insights into the performance and potential of your board, covering your organisation’s governance arrangements, individual director performance or skills contribution.

The outputs of these proprietary assessments are structured reports that provide a baseline for a board discussion on governance matters. These discussions can be facilitated by an experienced member of the Board Advance Team or undertaken independently by your board.

An independent evaluation draws on the confidential, anonymous insights of your board to explore measures that can improve governance performance.

Offering the opportunity to go deeper than the survey-based guided self-assessments, independent board evaluations can also involve a series of interviews with board directors and provide documented analysis of any governance issues and recommended solutions.

Whether a guided self-assessment or an independent evaluation, Board Advance draws on a suite of online, survey-based diagnostic tools to benchmark your board’s performance in the context of contemporary, best-practice governance.

The Board Diagnostic Suiteâ„¢ includes the board diagnostics of the Governance Analysis Toolâ„¢, Board Review and NFP Diagnostic Tool and the individual director diagnostics of the Director Peer-to-Peer Review and the Skills and Capabilities Review.

Data-driven insights.

An independent, data-driven perspective is critical in providing a baseline for developing a shared understanding of – and measuring – your board’s governance performance and potential. 

The Board Diagnostic Suite™ uses a comprehensive set of diagnostic tools to assess performance at both the board and individual director level. 

Board Diagnostic tools focus on the whole board and its operation in the context of contemporary, best-practice governance. 

Director Diagnostic tools explore individual director contribution to collective board skills and aspects of director performance.

GAT is designed to help directors objectively consider a broad range of governance topics relating to the board, individual directors, stakeholders and the organisation as a whole. (Governance-related issues which may have previously been ignored, overlooked or perhaps not given the attention they deserve by busy, time-poor boards). 

Participants are invited to assess their board against the ‘good governance’ standards based on the Company Directors’ Corporate Governance Framework™.

Find out more about the Governance Analysis Toolâ„¢.

Suited to boards with an existing appreciation of good governance, this focused, compact review can be used to identify areas of perceived strength as well as potential opportunities for improvement.

The main areas of focus – developed by the AICD and based on its experience working with boards – include: the role, membership and dynamics of the board; the board’s approach to strategy and risk; and the interaction between board and management.

Find out more about the Board Review.

For those boards that have adopted and embraced the AICD’s NFP Governance Principles, Board Advance offers a tool to analyse an NFP board’s performance against these principles.

Find out more about the NFP Diagnostic Tool.

For boards that have already identified their desired skills mix, this online survey (anonymous and confidential) prompts board members to reflect on their skills and capabilities and those of their colleagues in the context of their sector, industry and operating environment.

Two confidential reports are prepared, one intended for the board (which includes aggregated, depersonalised results) and one for the board chair (which includes self and average peer scores for each director for the attributes being assessed).

This online survey is used to gain perspective on the contributions of individual directors and a deeper understanding of how they are performing. 

One on one interviews can also be conducted to provide further context to the survey outputs. If interviews are conducted, they are always confidential and facilitated by Board Advance specialists with direct sector and/or industry experience. 

Two confidential reports are prepared, one intended for the board (which includes aggregated, depersonalised results) and one for the board chair (which includes self and average peer scores for each director for the attributes being assessed).

 

How Board Advance will work for you.

An experienced member of the Board Advance Team will guide you through a fully consultative process, working with specialist AICD facilitators and subject matter experts.

INVEST IN PERFORMANCE

Expert governance assessments and development programs tailored to suit your board.

INDEPENDENT PERSPECTIVE

Data-driven diagnostics and insights to evaluate your board performance, benchmarked against contemporary governance standards.

STRUCTURED IMPROVEMENT

Deliver better outcomes with ongoing assessment, identify emerging governance issues and measure improvement.

TARGETED INSIGHTS

Stay ahead of the curve on emerging governance topics to support your board in risk and opportunity management.

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Contact us for any queries you have about AICD membership, services and advocacy work.

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National Office +61 1300-739-119

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