The health and strength of a company depend significantly on the manner in which the Board of Directors collectively performs the duties expected of it. A large number of Boards in India are underperforming for a variety of reasons ranging from inappropriate composition to a lack of understanding of their role.
BOARD EVALUATION : BUILDING PRODUCTIVE TEAMS
Led and guided by our founder, who has experience of chairing and being a member of good and bad Boards and Board committees, both in the public and private sector, a multi-disciplinary team with considerable practical experience will be undertaking this process. The process commences with detailed conversations with the majority of stakeholders (including the promoter) to get a clear understanding of the context in which the exercise of Board evaluation is proposed to be undertaken. This is followed by detailed conversations with the senior management team as well as NEDs and IDs on the Board. Discussions with statutory auditors and internal auditors will also form part of the process.