Interesting Article Gives Insight Into How Boards Should Self-Evaluate Performance
The following excerpt was taken from a Harvard Business Review article in March of 2017. How do you think boards should evaluate themselves?
“The New York Stock Exchange requires that the boards of all publicly traded corporations conduct a self-evaluation at least annually to determine whether they are functioning effectively. The purpose of the exercise is to ensure that boards are staffed and led appropriately, that board members are effective in fulfilling their obligations, and that reliable processes are in place to satisfy important oversight requirements.”
How do you think boards should evaluate themselves?
Should independent board evaluations supplement required self-evaluations?
Do you think there is too much oversight or not enough?
To read the full article, click here.