With boards facing increasingly complex issues such as technology disruption and climate change, it is vital that board performance evaluations keep pace.
A new lens is being applied to board performance. The demands and expectations on board members are changing dramatically with a clear focus on how boards are making decisions and responding to issues such as technology disruption, climate change and delivering a contribution to wider society.
But are board performance evaluations keeping pace with these changes in focus and how robust are they? The 2018 UK Corporate Governance Code retained the 2016 Code requirement for FTSE 350 companies to undertake an externally facilitated board evaluation once every three years. The FRC Guidance on Board Effectiveness states that external facilitatio
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