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From time to time all boards find themselves at developmental junctures. A Blue Ribbon Commission of the National Association of Corporate Directors (NACD) has recently reported increasing numbers of boards are finding it desirable to periodically engage in board self-evaluation and public companies are required to do so. Our method for this process provides an opportunity for all directors to express their thoughts, opinions and desires with regard to the functioning of the board in a confidential, non-confrontational environment.
Similarly, our method for Individual Director Assessment is designed to provide individual directors with feedback on how they can maximize their contributions to the board. In many cases, boards who participate in the assessment activities quickly identify key areas for development and often conclude that additional training in board practices would aid in enhancing the value the board can bring to its members as well as to the organization. Presented in time-efficient modules, all CEO Resources Board Development Modules provide high payback in improved board effectiveness.
The 2005, National Association of Corporate Directors (NACD) Governance Survey reports, in part, that "board members rank themselves least effective in the area of board education". In addition to being an experienced director, the past Program Chair and current President of NACD's New England Chapter, Tom Sherwin was one of the first 100 people to receive the National Association of Corporate Directors Institute's Certificate of Director Education. He can help your board.
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