Independent external board evaluations emerged in parallel with the general development of the governance code for companies. The question now arises whether their current shape is fit for purpose in the modern corporate environment, where society/CSR and employee engagement are playing an increasing part in the context of a company’s right to operate and accumulate numerous benefits and advantages from society?
It really is time our industry had a Code of Practice for Board Evaluations. Companies need guidance to get through these troubled times. So it was good news to read that the Business Secretary Greg Clark announced – as part of the insolvency safeguards – measures to develop a code of practice for external board evaluations. (see press release).
An article by Advanced Boardroom Excellence for the LexisNexis Company Secretary’s Review
Vol 37, No. 23, Published on 26 February 2014
Last month a new draft Code of Practice on independent external board evaluations was published. Seamus Gillen from Advanced Boardroom Excellence explains the reason for producing the draft Code, sets out the contents of the Code, and considers what will happen next.
An article by Advanced Boardroom Excellence for Governance
Helen Pitcher looks at the emergence of the external independent board evaluation market and a new draft Code of Conduct for the industry.
'Recognising true board effectiveness is not just a matter of governance, important though that is, but of addressing boardroom behaviour at an individual and collective level.'
Originally published on 4 Feb 2014 by Hr NETWORK News
Advanced Boardroom Excellence, leading advisers in developing individual and collective director effectiveness, has recently launched a Code of Practice for Independent External Board Evaluations (the “Code”). The Code sets out guidelines for achieving a high-quality board evaluation with reference to the Financial Reporting Council’s Guidance on Board Effectiveness.
Advanced Boardroom Excellence (“AB Excellence”), leading advisers in developing individual and collective director effectiveness, has today launched a Code of Practice for Independent External Board Evaluations (the “Code”). The Code sets out guidelines for achieving a high-quality board evaluation with reference to the Financial Reporting Council’s Guidance on Board Effectiveness.
