Are you in charge of organizing your company’s next board evaluation?

Here’s a brief description of a board self-assessment vs. an external third-party evaluation, followed by our tips below.

  • Self-assessment

    • The board evaluates itself, normally initiated by the Chair with practical help from the company secretary, legal counsel, Nomination Committee or external partners
    • Can be in the format of a (paper- or online) questionnaire and / or in the format of the Chair carrying out a mini-interview of each board member as well the CEO, CFO, and other key leaders
    • Some use both questionnaire and interviews, others use only one of the methods
    • Typically done annually

  • External evaluation

    • External partner sets up and carries out this third-party evaluation
    • Should consist of individual in-depth interviews and ideally be combined with an online questionnaire
    • Usually also includes several special analyses such as those listed in the document below
    • Usually includes one or more sessions run by the external partner, interpreting the results and giving concrete feedback and suggestions for improvement
    • Typically conducted at least every 3 years

Use the form below to download a PDF with our tips on the differences, pros and cons of self-assessment vs external evaluation.

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