The National Association of Corporate Directors will present a complimentary webinar on reassessing the evaluation process on evaluations on director performance. The event will be Thursday, March 23, at 2 p.m. EDT.
“Given the increased emphasis on director performance, board evaluations have become commonplace in the boardroom over the last few years,” NACD says on its website. “The benefits of the evaluation are clear, including improving performance around identified opportunities, reviewing board composition relative to strategy, and communicating board effectiveness more effectively to shareholders. It is important, however, to periodically reassess the evaluation process to incorporate new leading practices and prevent complacency.”
Presenters will discuss how other boards:
- Align their evaluation process with the company’s strategy
- Incorporate peer-to-peer reviews
- Keep board members engaged in the evaluation process