All boards benefit from periodically taking a hard look at themselves. Assess whether they work in the optimal way and with the right subjects. Is there a need for new skills, perhaps a replacement. In this way, you can get more value out of the work the board provides when they have to contribute to ensuring your survival, increased profitability and growth.
When a board is to be value-creating, it must add something different to what the other management adds. The board has to work with other topics, and it has to do it in a different way. It requires regular evaluation and adjustment. This is important because business cycles change and the organization’s life cycle and needs change. Board work is significantly different for a company in existential crisis and for a company in strong positive development.
What can it be used for?
There is a great need to professionalize boards. There are far too many boards that act unprofessionally and without adding any value whatsoever. Do you have the optimal board right now and for the challenges in coming years? Do you appoint the board team based on your current needs. Do you have the optimal competences, do you replace boardÂ members on an ongoing basis. Are the board meetings about solutions and about the future. It is important to have plenty of foresight, to get the most value out of a professional board.
This Assessment gives you an insight into the six overall themes, all of which relate to the board. The companies that really create significant growth have strong boards. Overall this Board Assessment provides you with.
- Your Board Baseline for measuring and tracking satisfaction over time, gauging impact and driving continual improvement
- A motivator to make decisions about which gaps and open potentials to focus on and to prioritize
- An eye opener and a reality check on â€where are we todayâ€ vsâ€ where should/could we beâ€
|Board Growth Assessment|
6 categories, 37 specific measurement points
Language: UK, DK
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The expected implementation time is 20 minutes.
The six focus areas in Board Growth Assessment Assessment:
- Meeting management
- Speaking time
- Future improvements:
- Any thoughts on what you think WORKS WELL today?
- Any thoughts on what you think is NOT WORKING or MISSING?
Do you or your projects or team have blind spots that need to be addressed, in order to achieve the level of success you want?