The Governance Revolution

Chapter 25 Actively Evaluate Board Performance to Constantly Improve

Evaluate the board’s performance, and the performance of the board committees and each director.

Candid assessments of director, board, and committee performance are a necessary tool in determining areas for improvement. Typically, the nominating and corporate governance committee recommends to the full board the mechanisms to use to do this, and shepherds the process through to completion and beyond. There are a variety of approaches to formulating an effective evaluation process, and each board may choose to develop its own path. The challenge is to do it without creating distractions and taking time away from the work of the board while also developing meaningful results ...