One of the most important tools in ensuring that your governance operates at best-practice is to implement an annual Board Self-Assessment process.
A strong, efficient and productive board of directors is a clear indicator of a healthy corporation.
However even the best performing Boards need a periodic assessment to ensure that it doesn't just manage, but will really thrive in today’s evolving challenges.
To provide a check-up of your board’s performance, and to identify the required practices and strategies for a healthy and productive Board, the best place to start is with an honest board self-assessment.
Yet in a governance survey conducted by BoardSource, only 51% of Not-For-Profit organisations responded that they use a formal self-assessment to evaluate their Board's effectiveness. So, where do you start? (more…)...
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Annual Board Self-Assessments Are a Must!
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