12.5 Board evaluation - moving towards best practice Flashcards
1
Q
Name one factor that Cross suggests is holding back board evaluation development.
A
Cost
Poor perceptions of importance
Chair’s ego and defensiveness
Organisational status quo
2
Q
Name one factor that Cross suggests could promote board evaluation going forward.
A
Enlightened chair Generational changes (younger people) Evolution of governance codes Peer pressure Emergence of good practice Stakeholder pressure
3
Q
“The chair is responsible for making sure the board gets the most from an externally-facilitated board evaluation and should ensure it is not approached as a compliance exercise.”
Name the source of this quote.
A
FRC Guidance on Board Effectiveness, Guidance Note 116
