Chapter 8 - Board Evaluation Not Finished

Question 1

Who is responsible for Board Evaluation

Answer 1

Board chair

Question 2

What must board evaluations consider according to Code L

Answer 2

Composition
Diversity
Effectiveness
Contribution

Question 3

What should be evaluated according to the board effectiveness guidance?

Answer 3

Mix and balance of skills
Clarity and tone of leadership
How does the board work together
Sub-committwe effectiveness
Chair / SID effectiveness
Co.sec effectiveness
Succession plan
Quality of papers/ discussion
Sufficient challenge / debate / time
Risk reviews
Engagement with stakeholders/ shareholders

Must be bespoke
Consider how to get stakeholders’ feedback

Question 4

Essentials

Answer 4

Must be annual, formal and rigorous (code)
F