What does it take to move a good board to becoming a great board? A recent publication from the PWC governance Insights Center (read it here) provides a series of questions that guides you through this very process.
This excellent article is easy to read and provides great guidance and explanations as to what boards can do to address these questions.
The 9 questions are listed below, but the document expands on these so to get the maximum benefit, it is highly recommended you follow the link to the whole article.
- What skills or attributes are we missing?
- How well are our committees functioning?
- Do we have strong board and committee leadership?
- Are we getting our agenda right?
- How could our pre-meeting materials be improved?
- How effectively are we engaging with management?
- Are we making good use of executive sessions?
- Are we staying current?
- How do we get more value from our performance assessments?
Think about your board, and how you might use these questions to move from good to great. The Avondale Business School (ABS) can also help you and your board become greatt, simply contact Dr Warrick Long at [email protected] or 02 4980 2168.