http://yourboardroom.net/boardmaps-software-advantages
Effectiveness of management at the board level is a crucial aspect of board governance. The effectiveness of a board is determined by several aspects, including its composition (the right mix of skills and experience) as well as the effectiveness of meetings as well as the culture of open communication and the capacity to have real conversations particularly difficult ones. The more effective a board is, the better it can set strategic direction and challenge performance of the organization.
The annual self-assessment of the board can range from a simple director questionnaire, to an intensive interview process, often conducted by a third party which can provide valuable insights into the board’s dynamics and general level of board maturity. These assessments help boards understand how their current practices are against best practice and can result in a clear plan of action in areas where improvements are needed.
The key to improving the effectiveness of board management is to create a culture of collaboration which allows directors to view themselves as collaborators and not as adversaries. This can be achieved by fostering board development and encouraging the renewal of the Board, which includes the willingness to reconsider mandatory retirement schedules and time limits.
Another way to drive productivity between meetings is allowing directors access to and communicate with one another through dedicated communication tools, such as discussion boards and remote voting. This can help reduce the need for time-consuming face-to-face discussions and help to ensure that all action items and tasks are completed on schedule. Board members can use less time on administrative tasks and spend more time directing changes.