Self-Managed Effectiveness Assessment Improves Board Operations

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Self-Managed Effectiveness Assessment Improves Board Operations

December 21
23:44 2022
Improving Board Operations Everywhere

A highly effective board has become easier to ensure thanks to Board Surveys’ self-managed board effectiveness surveys. This affordable survey option has the benefits of a world-class validated framework and benchmarked reporting.

With regular board assessments, organisations of all sizes are identifying areas in which improvements can be made. There are two different survey options, the ‘Essentials’ which suits boards of small and large organisations wanting a light touch review, and ‘Advanced,’ which is suitable for all boards of mid-large organisations.

The benefits of a self-managed board effectiveness survey.

With a self-managed effectiveness survey, your organisation can gain actionable insights that are benchmarked with comparable boards within your chosen industry. This is important as it stands apart from a generic survey, which will give generic results. Benchmarking removes you from the echo chamber, providing real-world information and comparisons that can actually help improve operations.

You can also quickly identify your board’s performance to see if you are in the top, middle or bottom quartile for board effectiveness via simple and clear reporting. All of this is available with no lock-in contracts and no requirements for a login or portal. At completion, a report is given to the nominated recipient for your organisation.

A simple evaluation process.

Self-evaluation reviews are difficult, manual and hated by pretty much everyone. They can also be time-consuming to complete, which can negatively affect the results. Board Surveys simple, electronic, self-managed board assessments streamline the process resulting in higher uptake and more accurate results. It is easy to create and distribute the survey, and with anonymous answers ensure candid and deliberate feedback.

Quality data means meaningful results.

The outcome of your self-managed board effectiveness survey is crucial data that can be used for many outcomes. The Board Surveys team can help you use this data to ensure that your organisation has a clear picture of your board’s current state. You can identify and understand strengths, weaknesses, and potential problems, creating effective and immediate change to drive greater value for your organisation.

Boards around the world have used this process to create a big-picture view of how their board is performing. With the right communication, the clear and meaningful results can benefit everyone, from management teams to auditors and shareholders. Board Surveys provide a cost-effective solution that negates the need for an outside evaluation facilitator (all while saving time and paper).

Regular board effectiveness assessments are essential. They ensure that your organisation achieves and maintains high-quality performance, good governance, strong leadership, and healthy operations. The quality of your board has a trickle-down effect on the rest of your organisation and its overall performance. The evaluation process is a vital component of ensuring future growth and success; with a process as simple as the one offered by Board Surveys, benefiting from a self-managed effectiveness survey is a simple decision.

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Company Name: Board Surveys
Contact Person: Nick Barnett
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Phone: +61 3 9909 9295
Country: Australia
Website: https://boardsurveys.com/

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