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“Time very well spent and much to consider”

This was the view of one of the participants on the Institute of Directors training on ‘Reviewing the Effectiveness of the Board’, which was held on 11 June 2014 in Riddel Hall, Belfast. The session was delivered by Joy Allen of Leading Governance, and examined what board effectiveness looks like, and how to go about undertaking a review of board priorities, processes and behaviours.

Joy explained how the work of a board should be self-reviewed annually, and that the UK Corporate Governance Code recommended an externally-facilitated review every three years. She recommended that the board’s role in both conformance (ensuring the organisation worked in line with the law, best practice codes and so on) and performance (ensuring it was delivering for its stakeholders) be considered. “The most effective boards I work with use the review process to look at their own work, see where they’ve done well and which areas need improvement, identify skills gaps on the board and strengthen as a team”.

The session was well received by attendees, with one stating the session was “Thoroughly useful. I will share learning with both my own business and boards I participate on”.

The workshop will be followed up on 11 September with a further session looking specifically at review the effectiveness of individual board members. Registration for this event is now open.