Board Reviews – The Good, the Bad and the Ugly
If board effectiveness reviews are, for the most part, a world away from the violence and tension of the 1966 film, ‘The Good, the Bad and the Ugly’, the film’s title nevertheless seems to describe well some of the perceptions about board reviews. Certainly, if improved board effectiveness is the treasure that such reviews aspire to find, the journey to get there, as in the film, can often be chaotic or even at times traumatic. So it was with this in mind that The Board Effectiveness Guild in conjunction with Governance magazine, recently held a roundtable webinar for non-executive directors from a range of corporate backgrounds – under the title of ‘Board Reviews – The Good, The Bad and The Ugly’ – to better understand their perceptions about the value and usefulness of such reviews. This article summarises some of the key points taken away from the roundtable.
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