Board self-assessments are an important corporate governance tool. However, Board self-assessments that over-rate the effectiveness of the Board of Directors can damage a Board’s ability to govern more effectively.
On this Podcast Jim Crocker urges Board of Directors to take a more objective, informed look at corporate governance and leave room to improve their Governance effectiveness.
Jim suggests that Boards should put more Board time and effort into learning how to assess corporate governance and that there is a real advantage in getting outside, objective help.
For more insight on Board Self Assessments, please read Jim’s Blog here: https://www.boardroommetrics.com/blog/governance-board-assessment-20170113.htm