Self-assessment of the board is a crucial behavior of leadership that boards that are highly effective use to ensure long-term governance. It requires the board members to take a step back and evaluate their performance. This allows board members to address issues that could otherwise cause frustration and friction.
There are a myriad of ways to conduct a self assessment of a board, from surveys and interviews to facilitated discussion. The best method is based on the size of the board, available resources and the amount you’d like to include in the assessment.
When you have decided on the method, make sure you are clear about what you hope to accomplish with the assessment. For example, do you desire to improve governance, match governance to organizational goals, or enhance accountability? Once you have decided you can choose an evaluation tool.
Certain tools let you compare results against other health facilities and hospitals and others focus exclusively on your organization’s governance policies. It’s important to make sure that the tools you choose are unbiased and don’t discriminate against directors. This will create a safe environment for honest feedback.
A lot of boards also have peer review, which requires board members to assess their peers as directors. This can be a beneficial and beneficial exercise, but it’s vital to keep the process confidential. Some directors may be reluctant to criticize a member of the board for fear of repercussions. In this instance, it is often better to let the facilitator look over the responses to determine which information is relevant to be shared with the board.
Learn More Here about corporate governance in europe special poins
