The evaluation of the board room is a crucial part of the overall board assessment process. It helps the board understand its strengths, weaknesses and ensures that it is in line with its objectives and objectives. Having a regular board review is essential for every organisation to ensure that they aren’t overlooking opportunities or risks. It’s also an excellent way to improve the effectiveness and performance of the board. There are a variety of different ways an annual review of the board can be conducted. It could be an ongoing internal assessment using a carefully constructed board survey like the low-cost benchmarked survey from Board Surveys or a more individual external assessment by an independent person.

It could also be an opportunity for the board to discuss and formulate actions plans to improve. This is why it’s vital to be able to have a facilitator facilitate the discussion without bias. A facilitator who is experienced with the challenges faced by high-performing boards is often beneficial.

A boardroom review can also uncover issues stellar data recovery with top management’s working culture and work practices. It can be challenging to implement change in this type of situation. In today’s business world, the stereotype of the elusive and obnoxious director is no more relevant.