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Self-assessment of board members is a vital practice of leadership that top-performing boards make use of to ensure long-term oversight. It requires the board to step back from their day-to-day activities and evaluate its effectiveness. This lets the board be proactive and deal with areas that could be major sources of frustration and friction.
There are many ways to conduct a self-assessment for your board that range from interviews and surveys to discussion groups that are facilitated. The best method will depend on the size of your board, the resources you have available and the amount of depth you want to get into the assessment.
If you choose the method, be sure you are clear about what you plan to accomplish through the assessment. Do you want to enhance accountability or improve governance? Or align governance with goals of the organization? Once you have determined this, you can select an evaluation tool.
Some tools allow you to compare your results with other health facilities or hospitals while others focus only on the governance procedures of your company. Whatever you choose, it’s important that any tools used are impartial and do not make any calls to director individuals. This will create a space where honest feedback is possible to be given.
A lot of boards also have peer review, which asks board members to evaluate their colleagues as directors. This can be a useful and efficient procedure, but it’s crucial that the process remains secret. Some directors might be reluctant to criticize a director due to fear of repercussions. In this situation, it’s often better to have a facilitator go through all of the comments and determine which insights are pertinent to share with the board.