Director Appraisals
There are many quotes on the value of appraisals, these adapted from Safeworkers indicate that they are applicable to all levels
“appraisals can provide information for succession planning purposes”
“review potential, and identify training and career planning to forward career progression”
“keep focused and motivated if they are going to make a valuable contribution to the company”
Directors are all individuals within a team and need to understand their own strengths and weaknesses and therefore how best they can operate within the team such that the team improves continuously.
Appraisals can be self appraisal in nature or they can be a review of others or of a situation.
Some examples are :-
1. Appraisal of the Chairman
2. Self Appraisal by Directors
3. 360 degree review by all Directors
4. Role competency evaluation
5. Skills and experience gap analaysis
6. CSR maturity evaluation
7. Appraisal of the Committees
8. Appraisal of the Executive Committee
9. Appraisal of communication strategy
10.Risk appraisal, determination of “latent” reputational risks
In the process of a Board Evaluation and in terms of most Code guidance an appraisal is performed of the Chairman and of the Directors. The Director Appraisals can be self appraisals or 360 degree style and often the combination of the two gives a very powerful three dimensional view of the situation.
Our experience indicates that a self evaluation is often more positive than that given by others but always clearly offers information on unused resources and defines what is needed to maximise latent resources. As a nation we like to help others and therefore when asked we are often the best resource of information of what is needed to engender further improvement.
Further information
Please view additional pages on Board Evaluation either via the drop down menus above on the Board Evaluation tab or click on links below:
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Evaluate your approach to a Board Evaluation
Progressive Approach to evolving Board Governance
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Quis custodiet ipsos custodes?*
(From ‘The Satires of Juvenal’)
‘Who will guard the guards themselves?’; also sometimes translated as ‘Who watches the watchmen?’
A succinct encapsulation of the true spirit of corporate governance.