Board Audit
The Board Audit is a systematic and comprehensive assessment of a board's performance and functioning with the goal of promoting board effectiveness.
The Board Audit examines various aspects, including the composition of the board of directors, its independence, the diversity of its members, the effectiveness of board committees, decision-making processes, communication within the board and with management, and compliance with corporate governance principles and best practices. It involves a combination of self-assessment surveys, interviews, and external facilitation to gather feedback and insights from board members and relevant stakeholders. The findings inform the development of action plans to improve board performance, strengthen governance practices, and align board activities with the organization’s strategic goals.
We offer three versions of the Board Audit:
- Board Audit Easy: With Board Audit Easy, you can conduct and evaluate a comprehensive board survey yourself.
- Board Audit Expert: With this version, your results are additionally commented by proven corporate governance experts.
- Board Audit Workshop: In this version, we organize the survey for you, prepare the evaluations and conduct a board and management workshop to discuss the results and derive an action plan.
Contact
Director, Swiss Institute of Directors