Governance is strategic. Strategic boards are responding and raising the standard of governance excellence. A robust well-designed assessment process provides an opportunity for corporate boards
The most conscientious and progressive board leaders have moved well beyond a simple check-the-box compliance approach to a more rigorous process that is aimed at identifying ways the board can continually enhance the contribution it makes to the organization it is governing.
Done well, an annual assessment is one of the most powerful tools a board has to set its own stage for doing outstanding work. To get the most out of your assessment, here are five pitfalls to avoid.
Motivated by investor pressure and a disruptive business landscape, directors today are much more sensitive about who is contributing to the board and which skill sets are needed to meet its fiduciary duties.
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