A well thought-out
Provides your Board of Directors with an excellent opportunity to enhance performance and to better meet the needs of your company and its stakeholders.
An external, formal and comprehensive Board Evaluation should be conducted every 2 years.
This is in line with Principle 9 of King IV, which recommends that a formal process. Either externally facilitated or not in accordance with methodology approved by the governing body, be followed for evaluating the performance of the governing body, its committees, its Chair and its individual members at least every 2 years.