Our Bespoke Board Effectiveness Evaluation involves a high quality online assessment of key competencies you nominate for your Board. The assessment can have as many participants as you wish and the results can be split amongst different roles and groups. Common examples include:
- Chair / Deputy Chair
- Directors
- CEO and Senior Management
- Other Key Stakeholders
The outcome is a high quality report with both Quantitative and Qualitative data.
What have previous clients said about this service ….
‘Approaching the evaluation as a consulting exercise was a brilliant approach. We worked together and achieved some solid insights.’
Peter R, Chair, Government Risk Committee
”If you accept that a high performing board is critical for shareholder, customer and employee value creation then this evaluation process is a MUST’
Chair, Public Company Board
Our Bespoke Board Assessment Evaluation includes:
- A 1 hour in person planning session with the Board Chair or their delegate
- An online Board Effectiveness Survey
- The provision of a survey Report
- In person report to the board with insights and results
- Up to 10 1:1 interviews with relevant nominated directors and key stakeholders
- Creation of a detailed board report combining all available data to create a specific snapshot of current board performance.
- Benchmarking against similar boards
- A 1 hour debrief via phone with the Board Chair or their delegate
- Creation of Individual Director and Board Assessment Action Plans if required.
Board Evaluation Criteria ….
BOARD ORGANISATION
Board structure, committees, meetings and new member orientation.
DIRECTOR INDIVIDUAL EXPERTISE
Individual Director contribution to the Board and organisation.
BOARD & COMMITTEE DOCUMENTS
Timeliness, quality, accuracy and relevance of pre-meeting documents.
BOARD MEETINGS
Evaluation of the Board meeting process and outcomes.
COMMITTEE MEETINGS
Evaluation of the Committee meeting process and outcomes
BOARD INTERACTION WITH MANAGEMENT
Evaluation of the working relationship between the Board and executive management.
BOARD INTERACTION WITH GOVERNMENT AND INDUSTRY BODIES
The Board’s level of interaction with relevant bodies and adherence to legislation.
BOARD RESPONSIBILITIES
An evaluation of the Board’s responsibilities to the shareholders, employees and other stakeholders.
Reach out to us for a free, no obligation conversation about your Board evaluation.
P: 1300 936 411 | SMS: 0458 007 220 | Email: info@timothykitching.com
We focus on a collaborative approach to maximise the results we achieve with all of our engagements. The key to this methodology is that we work with you to design a solution.
Our approach to board evaluation is straightforward. Firstly we want to get a clear picture of where the Board is right now, then where you want to go. The gap is where we can work with you to improve board effectiveness and development.
All of our engagements follow a Discover | Design | Implement | Review cycle to ensure we can add real value to whatever challenge you face.
Discover– we ensure we understand you and your specific needs prior to recommending any changes or solutions
Design – We work with you to design and implement solutions
Implement– our implementation plans always revolve around the capability of your people as all change is intimately centred on people
Review– We constantly review our progress with you to ensure we are delivering the results we promise.
Our Board Evaluation Packages ….
Basic Board Evaluation
Our basic Board Evaluation includes:
- A 1 hour planning session via phone or Video Conference with the Board Chair or their delegate
- An online Board Effectiveness Survey for up to 20 participants
- The provision of a Board Effectiveness Report
Total Cost $2500.00 + GST
Advanced Board Evaluation
- A 1 hour planning session via phone with the Board Chair or their delegate
- An online Board Effectiveness Survey for up to 20 participants
- The provision of a Board Effectiveness Report
- In person report to the board with insights and results
- Benchmarking against similar boards
- Up to 10 bespoke questions or existing question edits
- A 1 hour debrief via phone with the Board Chair or their delegate
- Advice and Guidance around Individual Director and Board Assessment Action Plans.
Total Cost $3 950.00 + GST
Bespoke Board Evaluation
Our Bespoke Board Effectiveness Program is designed with you depending on your needs, requirements and specific context or challenges. It usually involves a combination of Digital Survey, face to face interviews (both one on one and groups) as well as a review of board minutes and actions. These reviews result in a tailored written report and subsequent presentation in person to the board with a focus on BOTH Quantitative and Qualitative measures.
We can also with with Boards to create Individual and Board level actions plans and KPI’s to drive the continual innovation and improvement cycles.
It includes benchmarking against other boards and reviews.
Cost starting from $6 250.00 + GST