Board Evaluation

1. Board Evaluation

2. What is Board Evaluation
• A board evaluation is when
an evaluator examines the
board of the company i.e.
checks its effectiveness , the
power of decision making ,
companies strategy and
relationship with the
management.
• Board Evaluation looks for
the performance of the
members of the board that
are mainly the directors of
the organisation.

3. Objective Of Board Evaluation
• To examine the board i.e. the
directors of the company and
the organisation as well.
• Build a High Performance
Board, meet to overcome
future challenges.
• To Examine whether the stage
of board is at the best or not.
• To ensure whether the goals
are met with long term
strategies.

4. Benefits Of Board Evaluation
Improves Board Performance: Board evaluation let us
know about the area that are lacking and which needs
improvement. by engaging in periodic board evaluations,
boards can identify areas where they can improve their
performance, such as communication, decision-making
processes, and governance practices. By addressing these
areas, boards can work together more efficiently and make
better decisions that benefit the organization.
Better Risk Management: By evaluating the performance
the board can identify the areas associated with risk. By
frequently assessing the risk, boards can identify potential
risk and develop measures to minimize them.

5. • Better Decision Making: To facilitate sound decision-
making, support is needed from board members and
executive management who have access to high-level
information and different perspectives. These kinds of
decisions must be effective in protecting the interests of
stakeholders and ensuring the organization's long-term
sustainability and relevance.

6. Process Of Board Evaluation

7. Why Evaluate Board Performance?
• Board performance evaluation is not
only a compliance requirement for
some organizations, but also a
valuable tool for enhancing board
effectiveness and accountability. By
evaluating board performance, boards
can identify gaps in skills, knowledge,
and diversity, align board roles and
expectations, improve board dynamics
and culture, and monitor board
progress and impact. Board
performance evaluation can also help
boards communicate their value and
achievements to stakeholders, and
foster a culture of continuous learning
and improvement.