Part of ensuring that these higher-ups follow through is by having the right people on the board and that the composition of the board is cohesive. It’s also important that these boards have the right competence to deliver on their strategies and plans. Things are not so straightforward these days in terms of business, so boards need to know that they are performing to the best of their abilities.
The way that these checks and balances can be ensured is by performing board evaluations. Board evaluation needs to be treated as more than just ticking a box on a to-do list. They help drive strategic alignment, improve decision-making, and enhance governance.
The easiest way to perform board evaluations is with a dedicated board evaluation tool. These tools help streamline the evaluation process, deliver anonymous and accurate results, and help leaders decide how they’re going to confidently build and move forward.
When trying to do your own board evaluations using old school methods like email or excel, you’re not being as efficient or accurate as you could be. The process becomes time-consuming, you’re prone to errors, it’s difficult to analyze data, there’s limited anonymity, and you’ll likely have poor participation rates.
If you think that using generic survey tools is easier, unfortunately, it’s not. These tools aren’t designed for board-specific nuances, they lack relevant question banks, are difficult to track progress over time, and have no specialized reporting.
Also, be wary of hiring outside consultants to perform these evaluations. While they might have lots of expertise in the area, they can be expensive, and lack scalability and context. If you’re looking to use these findings to help you build plans for the future, they might not be the most helpful assistant.
These methods often lead to superficial results, frustration, and a missed opportunity for real board development. People feel more comfortable behind a keyboard where they can say anything that they feel like or need.
Admincontrol is constantly working to make the lives of leaders and board members easier. Part of this is by creating functions that we know will improve the work and processes of board professionals. So in addition to our board management portal and virtual data rooms, we have designed our own board evaluation tool.
We have pre-built, board specific questions ready for you to use. Alternatively, you can add your own questions or remove those that aren't relevant. Having these saves time, ensures comprehensive coverage, and allows for easy customisation to fit unique board needs.
People are always more honest when they can hide behind a veil of anonymity. When people feel safe enough to be honest because they know that the feedback won't be tracked back to them, you will receive actual actionable insights. Honesty will come through when you give people the space to say their peace and speak their minds.
We have an easy-to-use interface with clear navigation and minimal training required. This means that participants are more likely to use the survey, it reduces administrative burden, and encourages participation from busy directors.
Admincontrol takes security extremely seriously. You can trust that whatever you write, ask, or answer, your information will be kept safe and secure.
If you already use Admincontrol for board governance and management, the board evaluation tool is a simple addition to an already user friendly system. Because it's integrated so perfectly, it streamlines workflows, and creates a single source of truth for board activities. We have also made it easy to response to the survey both on the app and the website. You also don't have to respond to the questions in one session. The survey can be completed over multiple sessions if needed.
Admincontrol’s board evaluation tool is made so that board directors actually want to use it.
It provides the insights your board needs to make strategic decisions and help it grow based on your organization's needs. It does this all while keeping the answers anonymous and protected.
Your board deserves to invest in a tool that doesn't just evaluate, but truly elevates your board's performance.