Well-composed Boards have the skills and capabilities required for the business to deliver on the strategic vision of the coming years, and the diversity to represent the stakeholders that stand to benefit of suffer from their choices.
Skills and Attributes Definition
Define the needs of the Board through consideration of the business, the strategy, and the environment in which it operates.
Composition Assessment and Evaluation
Consider your Board’s overall attributes in comparison to your desired state and understand the magnitude and urgency of renewal.
Alternatives and Options
Assess the alternative available to sustainably renew the board, and develop a plan for the short, mid, and long term.
Renew with Intention and continuously re-evaluate
The required Board skills and attributes will evolve over time as the business and social contracts change.