Here are ten simple but searching statements about Board effectiveness. Check how many of them you agree with:
1. We regularly evaluate the performance of the Board
2. We are happy with the composition of the Board
3. The Board agenda is always representative of the issues that we should be engaging in
4. Board meetings are well run and well chaired
5. Non executive directors make a valuable contribution
6. The Board fully understands the company’s vision
7. Every one can easily articulate the company’s vision and what it means
8. Our process of strategy creation would stand up to scrutiny
9. We fully understand our source of competitive advantage and how that compares with competitors
10. We are happy with the quality of financial and management information that the Board receives