Board self-assessment is a key management practice that top-performing boards utilize to ensure their long-term governance. It requires the board to step back from day-to-day business and candidly review its effectiveness. This allows board members to discuss problems that could otherwise result in tension and frustration.
There https://novalauncherprime.pro/corporate-communications-policy-importance/ are a variety of ways to conduct a self-assessment of the board, from interviews and surveys to facilitated discussion. The best approach will depend on the size of your board, the resources you have available and the amount of depth you’d like to include in the assessment.
If you choose the method you want to use, make sure to clearly define what you plan to accomplish with the assessment. For instance, do seek to improve governance, match governance with organizational goals or enhance accountability? Once you’ve decided this, you can select an evaluation tool.
Some tools let you compare your results with other hospitals or health care systems, while others are focused exclusively on the governance practices of your organization. Whatever you decide to use it is essential that the tools are impartial and don’t call out individual directors. This will help create a safe environment for honest feedback.
Many boards use a peer-review procedure, which requires directors to review each one another. This can be an effective and effective exercise, however, it’s essential that the process remains confidential. It can be difficult for some directors to critique an individual director when they are afraid that it will be blamed on them. In this scenario it’s usually better to have the facilitator look over all of the responses and decide which insights are relevant to discuss with the board.