Data shows a direct relationship between regular board self-assessments and improved board performance.
However, selecting an assessment tool and administering a survey is only a fraction of what's needed to make certain the process results in increased board effectiveness – evidenced by the following and much more:
Without the right preparation and a proven process, tangible benefits like those above are unlikely and a negative experience for your board is all but guaranteed.
Here are a few quick tips for getting the most from board self-assessments:
Pace
It’s not necessary to conduct a board self-assessment every year. Instead, plan on one every two years. This pace will capture the attention of board members and give you time to implement any needed changes after the process is complete.
Purpose
Board self-assessment is not intended to be judgmental or to only focus on weaknesses. Rather, its purpose is to level-up the board for its next phase of development. In fact, the process should be viewed by the board as an invaluable planning tool. Clarify that purpose in advance to get your board fully on board.
Transparency and Confidentiality
Lead with transparency by making sure your board has ample opportunity to ask questions about the purpose, process and questions. Ensure confidentiality by sharing comments and opinions from board members and others in aggregate. Do not attribute these to individuals.
Follow Up Diligently
Make sure the results of the self-assessment are presented to the full board and action is taken afterwards. No follow up is the worst outcome. It sends a message to the board that the entire process is for optics only; not to actually support the board.
Given that so much of board work is done with little oversight, it's imperative to build in processes that, by their very nature, increase board members' commitment to organizational success.
Board self-assessment also provides proof to stakeholders that the board is active, constantly improving and integral to achieving strategic goals.
Too many boards drain resources rather than increase organizational capacity (one of the primary advantages of a board). The self-assessment process provides a safe space for the board to recognize where it’s falling short and course correct.
To sum it up:
How well your board performs has far-reaching impact on your organization and, prepared for well and done right, this one activity will increase the effectiveness of your board.
If it's not being conducted in a way that will deliver this outcome, re-think your approach. If it's simply not a priority right now, consider making it one.
