Understand your board
The effectiveness of a board is not solely related to knowledge and understanding – dynamics and good governance are key.
A board may be made up of good people but it might not be effective at making appropriate decisions. Dominant personalities, a lack of diversity and time crunches can all add to a sub-optimal board, incapable of making decisions effectively and efficiently.
So how do you solve this?
Undertaking regular board effectiveness and skills assessment exercises allows you to gain a greater understanding of how issues have arisen, and what actions can be taken to address them.
Coupled with our long-standing expertise in helping boards better understand how they can become more effective, we use BoardClic’s technology solution to enable boards to gain deeper insights and benchmark against peers.