Board Evaluations, Education and Development
"I have been encouraged by the number of boards that have implemented evaluation and education programs. In practice, however, I find much room for improvement. If enhancing board efficiency and effectiveness is the ultimate goal, filling out checklists and attending public forums simply isn’t good enough. The boards and management teams I have worked with have had a very good sense of the board’s improvement opportunities; all they needed was a manageable process. I encourage boards to measure performance in three areas: board composition and competency; processes and policies; and information and communication. Almost every aspect of the board’s performance can be easily measured—and improved—using this very simple framework."
Nicole Sandford, partner, Deloitte & Touche LLP
Framing the Future of Corporate Governance
Deloitte Governance Framework
The Deloitte Governance Framework offers an end-to-end view of corporate governance and forms the basis for the tools that help boards and executives quickly identify potential opportunities to improve both effectiveness and efficiency. It is designed to help boards of directors address even the most fundamental of questions, including:
· What is the role of the board in the company’s corporate governance program?
· Exactly what should we be doing in the critical areas of oversight such as strategy and risk?
To learn more, download the complete document.
The Path to the Boardroom
The Path to the Boardroom is a three-part series of executive briefings from Egon Zehnder designed to help Directors seeking board seats navigate the path to success.
- Part I: Positioning Yourself for First-Time Board Service
- Part II: Interviewing for First-Time Board Service
- Part III: Getting Off to a Good Start
Posted with permission from Egon Zehnder, copyright 2013.
Do You Know?
The NYSE Governance Listing Standards require listed companies to publicly disclose their policy on director education.
You can find a listing of upcoming educational events related to corporate governance by clicking on the Events link at the top of this page.