The evaluation of the board room is a key element of the board’s overall assessment process. It allows the board to understand its strengths and weaknesses and ensures that it is on track to meet its goals and objectives. A regular review of the board will ensure that no company misses out on opportunities and risks. It’s also a great tool to improve the efficiency and performance of the board. A board review can be conducted in many ways. It could be a regular internal review using a well developed board survey such as the affordable world class benchmarked surveys offered by Board Surveys or a more individual external assessment by an independent person.

It could be a good opportunity for the board to discuss and formulate action plans for improvement. It is crucial to have a facilitator that can lead the discussion without bias. Having someone who has experience with the challenges faced by https://www.boardroommail.com/what-is-a-proxy-server-and-how-does-it-work high-performing boards is often beneficial.

A boardroom review may also identify issues with management at the top level’s working culture and work practices. This is the area that can be especially difficult to bring about change. For example, the old stereotype of the strict and remote director is rapidly becoming outdated in the present business environment.