Solving Board Performance Problems

To build a board that is efficient and has value it is important to address various issues. This includes having the right members on the board. It is also about fostering an environment that is positive, offering information that is easily accessible, streamlining processes and conducting regular evaluations. It isn’t an easy task to do, and issues often occur. Some of these issues are easy to resolve, whereas others are more challenging. The good news is that most of these issues can be solved.

A common problem is when a board does not perform in its obligation to evaluate itself by establishing the internal structures and procedures it requires. This usually involves the establishment of committees and officers who are accountable for gathering, analyzing and regularly present performance data to the Board.

When this is not done, it may cause the board to fail to recognize its strengths and weaknesses. It may also prevent the board from taking necessary actions to address areas that require improvement.

A board that does not follow through on its agreed-upon improvement plans is another problem. This happens when a board is distracted with other matters and loses focus on issues that were identified during its last assessment.

Boards should conduct a thorough evaluation of themselves at least once a year. BoardEffect’s built-in surveys help ensure accuracy and can serve as a basis for a complete board evaluation, if needed. By following this method boards can ensure that they are always focusing on the most important issues and that their actions contribute to the company’s success.

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