Self-assessment by the board is an essential leadership habit that high-performing boards utilize to ensure their long-term governance. It requires the board members to take a step back and honestly reflect on their effectiveness. This allows the board members to address issues that could otherwise lead to frustration and conflict.
There are a variety of ways to conduct a self-assessment of your board, ranging from interviews and surveys to facilitated discussions. The best method is based on the size of the board, the available resources and the amount you’d like to include in the assessment.
When you choose the method be sure to establish the objectives of the assessment. For instance, do you want to improve governance, align governance with organizational goals or improve accountability? After you have decided on this, you are able to select an evaluation tool.
Some tools allow you to compare results against other health systems and hospitals, while others focus solely on the governance practices of your company. Whatever you decide to use it is crucial that the tools you use are impartial and do not make any calls to director individuals. This will help create a safe environment for honest feedback.
Many boards also employ a peer review process that requires board members to assess their co-directors. This can be a beneficial and productive activity, but it’s crucial to keep the process confidential. It isn’t easy for some directors to critique another director if they fear it will be blamed on them. In this case it is generally https://novalauncherprime.pro/corporate-communications-policy-importance/ better to let the facilitator read the responses to determine which insights are important to be shared with the board.