Improving Board Effectiveness

Key to an effective Board is the people. There needs to be an effective combination of experience, attitudes, knowledge, motivation and ability to work together. To ensure that you build and maintain the right mix at the Board you need to select the right people, make sure they are competent, and have successors ready to take over when the time comes.

Common problem areas that we find on Boards are:

  • Directors are left to keep themselves up to date
  • The concept of working together as a cohesive team is not present
  • Debates can be dominated by one person 
  • Some people say nothing
  • There is a preponderance of representation from business generating areas
  • Succession planning is a tick box exercise
  • There are many frustrations surrounding Board packs

Addressing this and achieving the right balances to achieve effectiveness can be achieved through a Board Evaluation.  

BP&E Global has a team of experienced independent specialists who deliver bespoke and results-driven Board evaluations. We completely immerse ourselves into the Board of your organisation. We combine a wealth of regulatory knowledge, long-standing experience of financial services Board Reviews and Evaluations and insight to create an actionable set of recommendations that will make a fundamental difference to your organisation.

You may also be interested in reading our Effective Boards and Key differences in Board Effectiveness across financial services sectors article, Board-Ready Programme and Testimonials.

 

Having received tenders from several professional services firms, BP&E were appointed as our externally facilitated Board Effectiveness Review provider. The team are incredibly professional yet approachable and the Review was well structured. Despite our rather tight deadline, time was taken to get to know our company and it was reassuring that a one-size-fits all approach was not adopted making the Review a particularly useful exercise. BP&E presented a balanced report recognising our strengths but also provided practical and perceptive opportunities for improvement that we readily accepte
Company Secretary, General Insurer Spring 2020
For more information about our Board Evaluations click here.

You can also email info@bpandeglobal.com or call us on +44 (0) 20 7764 0721  

BP&E Global – Board performance matters 

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