Versity (latin origin):
To adapt, to change, to grow, to be versatile
Assessment of Board Effectiveness
Whole Board Assessments
The Board of Directors at any organization is entrusted with the authority to establish the organization’s direction, determine major policies, and assume the ultimate and final accountability for the organization’s overall performance. A periodic evaluation of the Board’s effectiveness gives the Board the opportunity to step back and reflect on how well it is meeting its responsibilities. It reminds the Board of its key roles and responsibilities; it identifies areas requiring improvement; it measures progress where performance improvement goals are set; and ultimately, it enables the Board to work more effectively in its role. This questionnaire is designed to help evaluate the performance of your Board of Directors as a group.
What factors are typically measured on our Board Effectiveness Assessments?
- Strategy and Planning
- Board Composition
- Succession Planning
- Board Management Roles and Relationships
- Performance Management, Execution, and Compensation
- Board Governance and Risk Management
- Stakeholder Relations and Communications
- Board Meeting Effectiveness
- Committee and Sub Committee Structure and Performance
- Continuous Improvement
- Specific qualitative comments
PDF Board Effectiveness Sample Report (coming soon)
Individual Director’s Effectiveness
Individual Director’s performance should also be subject to evaluation to ensure that they are performing their duties at the required level.
What factors are typically measured on our Individual Board Member Effectiveness Assessments?
- Strategic Visioning
- Board Governance
- Organizational Knowledge
- Community Relations and Advocacy
- Analysis and Judgment
- Decisiveness
- Interpersonal Effectiveness
- Assertiveness
- Relationships with the CEO and Executive
- Team Persuasiveness
- Business Acumen
- Change, Innovation and Continuous Improvement
- Performance Accountability
- Personal Values
- Qualitative Comments
At VERSITY, we have the skills and experience to develop customized performance criteria against which to measure your Board’s overall performance, as well as the performance of individual Directors. With this data in hand, the board can identify strengths on which to build as well as opportunities to raise the standards of the Board and individuals.
PDF Individual Board Member Sample Report (coming soon)