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Evaluate individual board members to improve board performance

Do your board members know how they are perceived? Why is it that nearly all boards fail to do a good job of regularly evaluating and providing feedback to the individual board member, while they have no problem evaluating the senior executives? Here’s why and what can be done about it. Most reputable companies want

Evaluate individual board members to improve board performance2022-11-25T14:03:45+00:00

Boards should do more benchmarking

Does your board benchmark vs other boards? While top leadership teams and boards usually put in a lot of effort benchmarking the company to competitors, only a few boards benchmark themselves against other (competitor) boards. Hence most boards miss out on understanding what other boards do well in terms of composition, types of committees, number

Boards should do more benchmarking2022-11-22T16:22:50+00:00

The board should help ensure leadership talent

Questions the Board should ask the CHRO (to ensure talent management rather than crisis management!) One of the board’s responsibilities is to help ensure leadership talent, so that the company has the human competencies to execute its strategy. For this reason, the board needs to feel confident that the company is promoting, recruiting, and retaining

The board should help ensure leadership talent2022-09-28T16:07:02+00:00

Does your board have a backup plan for replacing the CEO?

Did you know your Board is responsible for having a plan for who can succeed the current CEO in short and long term? Imagine this scenario: You are on the board of a large, publicly listed company, and the CEO of the company unexpectedly resigns, or worse, becomes ill or unable to perform the CEO

Does your board have a backup plan for replacing the CEO?2022-06-22T15:54:29+00:00

Using the Governance Code to boost trust in your organization

This report from the UK Financial Reporting Council (FRC) provides good inspiration for boards of directors of listed European companies, on why and how to move away from treating governance reporting as simply a compliance exercise, using it instead to build transparency and stakeholder trust. For the 2nd year, the FRC reviewed how a random

Using the Governance Code to boost trust in your organization2022-03-16T11:05:23+00:00

How to improve the quality of your board papers

Time after time, board members tell us that too much time is spent during board meetings hearing from the CEO and the CFO or having overly long discussions on small side issues, leaving too little time for strategic discussion. Focus is on the past, on reporting latest financials or on resolving immediate operational issues, at

How to improve the quality of your board papers2022-03-14T10:58:51+00:00

Does your board focus on the KPIs that matter most?

Does your board focus on the KPIs that matter most?  As human beings, we tend to stick with what we are used to and what we know works well. The same goes for boards and the company KPIs they monitor. When working with boards, we ask what KPIs (beyond traditional financial figures) will tell

Does your board focus on the KPIs that matter most?2021-10-08T09:11:35+00:00

Do you have an effective board meeting agenda?

Business strategy solution jigsaw puzzle Is your board or leadership team meeting agenda addressing the key strategic questions?  In our work with boards and top teams we see a magnificent number of meeting agendas! We notice that the level of innovation in terms of creating a real value-adding meeting agenda can be

Do you have an effective board meeting agenda?2022-08-15T13:56:48+00:00

Measuring company purpose culture and values

Does your board know how well the company purpose, culture, and values are embedded in the organization?  Board members on the forefront agree that company purpose, culture, and values are significant levers of profitable long term company growth. If defined and implemented well, these can be strong driving forces guiding the strategy and decision-making

Measuring company purpose culture and values2021-09-10T14:27:06+00:00

Why and how to write a Board Committee Charter

Why your board should have written, updated Committee Charters Do your Audit, Nomination, Remuneration or other committees have written, updated charters setting out the roles and responsibilities of each committee? Have these been discussed and agreed at board level? As described in our recent article What is a Board Charter and why is it

Why and how to write a Board Committee Charter2022-04-20T07:16:31+00:00
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