Board evaluation briefing

Making the most of Board and Committee evaluations

A successful Board is not guaranteed by simply bringing together successful people.

Evaluations help ensure Boards have the knowledge, skills and ability needed to drive performance and shareholder value and meet corporate governance standards.

Briefing Outline and Objectives

Evaluating Board Performance

Board performance evaluations have featured in the UK corporate governance landscape for some time but the three yearly external facilitation element contained in UK Corporate Governance Code (provision B.6.2) is a relatively new provision and one FTSE 350 companies will have to take into account.

Evaluations, when undertaken properly, can identify areas of strengths and weakness, leading organisations to make changes that positively impact performance and shareholder value. Every board can become more effective and evaluation can be a real driver of improvement.

This focused briefing has been specifically designed for Board chairmen, Non-executive Directors, Company Secretaries and all those involved in supporting Board level governance and performance, in order to bring them up to date with the requirements of the UK Corporate Governance Code and to help them consider the options available to their boards to improve performance on organisational, board and individual member levels.

Who will benefit

Attending this event will enable you to:

• Decide what you want from your board evaluation
• Determine the best approach
• Understand the options available
• Scope a board evaluation
• Establish action plans following an evaluation
• Consider communication and reporting for optimal advantage
• Think about sources of help and guidance

The Agenda

1. Background to board evaluation
• Why undertake an evaluation?
• Should you externally evaluate?
• What are the benefits?
• How can a board improve?

2. Determining the best approach and the scoping exercise
• What are the options?
• Who does the assessment?
• The role of the chairman and senior independent director
• The importance of independence, skills and track record of the evaluator

3. The evaluation itself
• What is reviewed as part of the process?
• The process, the report and board discussions
• How to capture the key findings
• The need to consider key events

4. After the evaluation
• Implementing the result and follow up actions for the board
• Communication in the annual report
• Communication with shareholders and regulators

Your Speaker: Vanessa Jones

Vanessa Jones is the former Head of Corporate Governance at The Institute of Chartered Accountants in England and Wales (ICAEW). She was the Secretary to the ICAEW’s Corporate Governance Committee, responsible for the ‘Dialogue in corporate governance’ thought leadership work that the ICAEW undertakes. She is a qualified Barrister (1984) and Chartered Secretary (1997) and has worked both in the FTSE listed sector and in the private company sector in both in-house legal and company secretarial roles, carrying out many evaluations, prior to joining ICAEW in 2008.

Download pdf here...

Booking

 
To book online via our secure servier (by credit/debit card, cheque or invoice):

Alternatively call us on: 020 3170 5779

Discount for 3 or more bookings.

More on Board evaluations  here...     Online Board questionnaires here...