Board self-assessment is a key management practice that top-performing boards employ to ensure long-term governance. It requires the board to step back from day-to-day business and candidly evaluate its effectiveness. This allows board members to address issues that might otherwise cause frustration and friction.
There are many ways to conduct a self-assessment for a board, from interviews and surveys to facilitated discussion. The best approach will depend on the size of your board, the resources available and the amount of depth you’d like to go into the assessment.
Once you decide on the method, be sure you clearly define the goals you intend to achieve by the process. For instance, do intend to improve governance, match the goals of the organization to governance, or enhance accountability? Once you’ve determined this, you can pick an evaluation tool.
Certain tools let you evaluate your results against other health care facilities and hospitals and others focus exclusively on the governance practices of your company. No matter what you choose it is crucial that the tools used are unbiased and do not make any calls to individual directors. This novalauncherprime.pro will create a secure environment for honest feedback.
Many boards also utilize peer review, which asks board members for an evaluation of their colleagues as directors. This can be a beneficial and effective exercise, however, it’s vital that the process remains private. Some directors might be reluctant to criticize an individual director for fear of repercussions. In this situation it’s best to have the facilitator go through all of the responses and decide what ideas are important to share with the board.