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An Effective Board Elevates the Bottom Line

A board review can fine-tune strategies and drive financial success.

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The strategic backbone: Why an effective board is paramount for organisational prosperity

Board reviews are a vital compass for for-profit companies, guiding them towards greater efficiency, transparency, and strategic alignment. Our reviews scrutinise the board’s overall effectiveness in fulfilling its fiduciary duties and driving organisational success. A comprehensive assessment will often include the evaluation of the performance of individual board members.

By conducting regular board reviews, corporate companies and family businesses can identify strengths, pinpoint areas for improvement, and implement tailored strategies to enhance governance practices, foster innovation, and mitigate risks. Ultimately, embracing the insights from board reviews empowers corporate and family boards to adapt to evolving market dynamics, fortify stakeholder trust, and achieve sustainable growth in today’s competitive landscape.

How effective is your board compared to similar for-profit boards?

You can find out using our world class, sophisticated benchmarking that is displayed in a clear and easy to understand way.

Key overall database findings

Agree or strongly agree the chair has the respect and trust of all directors
0 %
Agree or strongly agree the board conducts a regular assessment of the effectiveness of each director
0 %
Agree or strongly agree the board has appropriate diversity (gender, ethnicity, educational background, life experience, age, tenure, etc)
0 %
Agree or strongly agree the board conducts a regular assessment of the effectiveness of each director
0 %
Data source: Board Benchmarking’s Global Database

Compare yourself to over 500 other boards

TESTIMONIALS

Don’t take our word for it

How Board Benchmarking helps organisations in the for-profit sector

Board Benchmarking empowers for-profit companies to conduct comprehensive board reviews that drive organisational excellence. And better boards means better organisations. By comparing their board’s performance, structure, and practices against our extensive database, companies gain invaluable insights into areas of strength and opportunities for enhancement. Leveraging this comparative analysis, corporate and family boards can identify gaps in governance processes, strategic oversight, and diversity, enabling them to set informed goals and prioritise initiatives for improvement.

THE GOLD STANDARD

Unlock easy to understand data and insights with our benchmarked reporting

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.

survey
The process starts with a world class, easy to use survey

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.

See at a glance see how your board is benchmarked against comparable boards

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.

20 factors
See how your board measures up on the most important areas of a board’s effectiveness

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.

directors difference
See how director and executive responses differ for each survey item

When you include executives in the survey process we show you how their responses compare whilst protecting their anonymity.

highest and lowest rated items
Get an overview of the highest and lowest benchmarked survey items

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!

written responses
All written responses are merged and included verbatim

All written responses of directors and executives are merged together to protect the anonymity of respondents. This encourages candid responses.

Nick Barnett

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