A boardroom review can help companies determine areas of strength and weaknesses in their leadership, relationships, and culture — and implement changes in a practical manner. It is also a method to determine a company’s areas of expertise. The evaluation is conducted in a variety of ways, like hiring an independent facilitator to ensure privacy and give an objective view of the results. This Read Full Article approach can also save companies money by cutting out travel expenses.

A company’s board is responsible for making major decisions that affect everyone from the employees of the firm to investors who purchase shares. Therefore, it is essential that the board has a good mix of skills. It’s not always simple, however, to evaluate the effectiveness of a group or its members. A review of the boardroom is a great way to fix this issue and increase the performance of the board.

The process of conducting a review of the boardroom may differ from customer to the client, but it usually involves a session of development for the board to discuss best practices for governance, followed by facilitation of an action plan. This usually involves improving the efficiency of the board by addressing conflicts or misalignment, and smoothing the transition or revitalising a board.

A board management software solution is an excellent way to enhance the effectiveness of your board and to make it more collaborative. Find a system with features like meeting scheduling, recording of meetings and the syndication of day-today activities to all members and the ability to control access in a granular manner.