Essential reading for all chairs, directors, company secretaries, CEOs and consultants in corporate governance, this book delivers practical advice and an easy-to-implement framework for a board to evaluate itself and answer the question: are we carrying out good governance?
No individual or team can expect to improve without obtaining regular feedback on their performance. Boards of directors are no exception and an effective board performance evaluation is an invaluable tool in improving your board’s performance.
An effective evaluation process can be designed to address the performance of the board as a whole, the chair, individual directors, board committees and other governance support staff. Such reviews are widely recommended in various governance standards, by contemporary writers on corporate governance and by leading practitioner organisations, such as the Australian Institute of Company Directors.
This revised text provides a practical guide to a wide range of considerations in undertaking these evaluations. For example, what aspects of the board activities should be reviewed; how frequently should such evaluations take place; should they be conducted internally or by an external party; who should be evaluated; by whom; how does a board bring about change resulting from an evaluation and how does the organisation communicate the results?
Containing numerous examples and tools, this book will be essential reading for all chairs, directors, company secretaries, chief executive officers and consultants in corporate governance.
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