An effective board review safeguards the interests of shareholders and stakeholders.
At the heart of every listed company’s resilience and success are the board members. Their effectiveness is not merely a regulatory obligation but a strategic imperative, shaping the company’s trajectory, safeguarding shareholder interests, and ensuring long-term sustainability. A proficient board comprising experienced individuals with diverse skill sets provides invaluable guidance, oversight, and accountability. Effective boards mitigate uncertainties and foster stakeholder trust through rigorous governance practices, including robust risk management and transparent communication channels.
You can find out using our world class, sophisticated benchmarking that is displayed in a clear and easy to understand way.
Board Benchmarking has set the gold standard for listed companies preparing for their next board review. It is important that listed companies be benchmarked against other listed companies as a higher standard and a more sophisticated governance practices are expected of listed companies. Your board will be benchmarked against similar boards in all the areas that research has shown to be most important for your board to be regarded as effective. You will see where your board is achieving best practice and the areas where improvement is desired.
Board Benchmarking’s reports are a catalyst for action in the areas that will result in the greatest improvement in your board’s performance, effectiveness and decision making. The benchmarked information provided will help listed companies identify gaps in their governance practice, set performance improvement targets, and prioritise strategic initiatives to enhance board effectiveness. Board Benchmarking allows companies to track their governance performance over time, demonstrating continuous improvement to stakeholders.
Because we have such a large database we can also ensure that large organisations are benchmarked against larger organisations and smaller ones against smaller ones in the same industry or sector. This adds further validity and value to the benchmarked results.
The 7 point response scale provides just the right calibration of survey responses. Our surveys are even designed to work with a screen reader to cater for those who are vision impaired.
Our performance dial shows you instantly where your board sits compared to board of similar organisations. If you previously used our survey you will also see the extent to which you board’s benchmarking has changed since your prior survey/review.
Our easy to understand colour coding shows you how your board performs in each individual category that is important for a boards effectiveness. “Hot spots” are instantly identified.
When you include executives in the survey process we show you how their responses compare whilst protecting their anonymity.
Get an overview of the highest and lowest rated items, based on their benchmarking – not based on the average rating but how that average compares to the responses of other boards. This is where our sophisticated benchmarking makes all the difference!
All written responses of directors and executives are merged together to protect the anonymity of respondents. This encourages candid responses.
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