Good governance and the Corporate Governance Code require boards to evaluate performance and appraise directors at least once a year.
The 16-page report "Board Performance Evaluation and Director Appraisal" explains the evaluation process, and how to improve performance by induction of directors, training and development, and corporate retreats.
Good governance requires the performance of the board to be rigorously evaluated at least once a year.
The evaluation process is a constructive mechanism for improving board effectiveness, maximising strengths and tackling weaknesses, leading to an immediate improvement of performance throughout the organisation.
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