Board Evaluation London
The process typically involves assessing the performance of the board as a whole, individual directors, and key committees. This evaluation covers areas such as board composition, decision-making processes, strategy development, risk management, and overall governance. External consultants are often brought in to provide an objective perspective and tailor the evaluation process to the unique needs of the organization.
In London, many boards prioritize evaluations to comply with the UK Corporate Governance Code, which recommends annual assessments for publicly listed companies. However, many private and not-for-profit organizations also recognize the benefits of periodic evaluations.
Effective board evaluation fosters a culture of continuous improvement. It allows boards to identify gaps in skills, improve leadership dynamics, and enhance decision-making processes. It also provides an opportunity to address any governance issues that could impact an organization’s long-term sustainability and reputation.
In our thought provoking Board Evaluation paper, you’ll discover:
✓ Why a Board evaluation is critical to the performance of an organisation.
✓ What are the core elements that make up the scope of an effective Board evaluation.
✓ A powerful approach that will build commitment to drive action within your organisation.
We help your Board get under the skin of what steps they need to take to provide maximum value to the business.
Our approach builds commitment and ownership, is relevant to the needs of your organisation and is inclusive, giving a voice to all Board members and key stakeholders.
We wanted a clear, tried and tested process that would identify recommendations that would help us improve as a Board. Mightywaters delivered on all fronts. They brought a clear approach which they delivered to plan. They worked collaboratively with the CEO and I throughout. They delivered an excellent report which has helped the Board develop a clear action plan to improve. Mightywaters grasped quickly the context we face and our strategic goals and were able to frame their recommendations accordingly. This has been a great piece of work and I highly recommend Mightywaters
Atholl Duncan
Chair
Mightywaters’ structured approach to Board effectiveness evaluation enabled Board members (who are from a joint venture of four mobile operators) to think deeply about their contribution and to reflect on what works well and where we need to refocus. The recommendations really added value and we are in the process of implementing them. I am very pleased with the outcomes of this work, it has exceeded my expectations
David Meyer
Chair
The Mightywaters Team
The Mightywaters Team has considerable experience in working with Boards. They developed the GIFT® framework through understanding the areas that drive Board effectiveness. They work across sectors and different governance codes, and often with organisations with unusual or complex shareholding / stakeholder arrangements.
Anna Withers
Founder and Director
Anna focuses on the psychology and neuroscience of work, providing specialist expertise in one-to-one coaching, counselling and conflict resolution, and in the use and interpretation of psychometric tools. She has a particular interest in decision making and in helping individuals and teams make better decisions.
Mark Withers
Founder and Director
Mark brings nearly four decades of business experience and works at the most senior organisational levels, helping leaders tackle their tough people and organisational challenges. He is also a highly skilled facilitator who is able to create environments that enable groups and teams of all sizes to collaborate, innovate, create and decide more effectively.
Does your Board have untapped potential?
Withers, A. (2019). Does your Board have untapped potential?. Ethical Boardroom, Autumn Issue.
A board effectiveness evaluation that gets under the skin of what’s working well and what’s getting in the way of peak performance is the perfect vehicle to help boards unlock this potential. But what does an effective board evaluation look like? Read Anna’s article published in Ethical Boardroom and find out why and how to conduct a board evaluation and the conditions for success.