The review of the board room is an vital to the board’s overall evaluation process. It assists the board in understanding its strengths and weaknesses, and ensures that it is in line with its objectives and goals. A regular review of the board will help every organisation avoid missing out on opportunities and risk. It’s also a great way to improve the effectiveness and performance of the board. There are a variety of ways in which an annual review of the board can be conducted. It could be a regular internal evaluation using a well designed board survey like the low-cost benchmarked surveys of Board Surveys or a more individual external assessment by an independent person.

The board can also utilize this time to create and discuss action plans for improvements. This is where it’s important to have a facilitator to guide the discussion without bias. It’s usually helpful to have someone who is knowledgeable about the issues faced by top-performing boards.

A boardroom review can also reveal problems with top management’s work culture and practices. This is the area that can be especially difficult to make changes. In today’s business world, the stereotype of the remote and forbidding director is no longer true.