Board Evaluations: How Good Boards Get Better
Board Evaluations: How Good Boards Get Better
David Beatty’s Masterclass & Book Launch | November 23rd
How does a board know whether it is actually doing a good job?
Management receives constant feedback from customers, employees, investors and markets. However, boards operate differently. They meet behind closed doors with few outsiders to observe them or offer feedback.In this closed world, it is entirely possible for a board to feel effective without actually being effective.
David Beatty argues that a well-designed board evaluation should provide the mirror every board needs. Not a flattering mirror, and not simply a regulatory one, but an honest assessment of how well the board works: where it adds value, where it falls short and what needs to change. 26.08.19 - DB - DIGITAL - Board…
Join David for a special 60-minute virtual masterclass on November 23 at 12:00 PM EST marking the release of his new book, In Depth: Board Evaluations.
David will show you how to make evaluations meaningful rather than procedural.
Key topics will include:
- Moving beyond compliance: How to make evaluation a leadership discipline rather than an annual governance exercise.
- Designing an effective process: When to use interviews, questionnaires, quantitative scoring and external facilitation.
- Getting candid feedback: Creating the conditions for directors and executives to speak openly about board dynamics, information flow, decision-making and relationships with management.
- Connecting evaluation to strategy: Using the process to determine whether the board needs to recruit new members to inject fresh expertise.
- Board composition and renewal: Turning identified skills gaps into actual recruiting, tenure and succession decisions.
- Individual director performance: Providing useful feedback to new directors and addressing underperformance constructively.
David will also discuss who should manage the evaluation process. One of the book’s key governance points is that the board chair cannot be both the primary assessor as well as the primary person being assessed. Therefore, the Nominating and Governance Committee plays a critical role in maintaining the independence and credibility of this process.
The Nov. 23 session is designed for board chairs, directors, governance committee members, corporate secretaries and senior executives who want to turn evaluation into a practical tool for improving board effectiveness.
Registration & Booklet
Location: Zoom link provided upon registration. Sign up now.
Can’t make the event? Buy the book.
If you are unable to attend the masterclass live but would like to read The Director’s Guide to Effective Board Evaluations, you can purchase a copy of this and David’s other books in the series here. Reach out to obtain customized copies for your board and to have David personally brief your board on the topic.
We look forward to welcoming you and your colleagues to this event!
Speaker Highlights
Decoding Generative AI, Augmentation Age
David's welcome message to AI Tsunami.
David R. Beatty, C.M., O.B.E., F.ICD, CFA
David R. Beatty C.M., O.B.E., F.ICD, CFA, is the Founding Chair of the David & Sharon Johnston Center for Corporate Governance Innovation and Professor Emeritus of Strategy at Rotman School of Management, University of Toronto.
One of the world’s most experienced corporate directors and educators, David has served as a Director on 40 boards in Canada, America, Mexico, Australia and England and been chairman of 9 public and 2 private companies.
He was the founding Managing Director of the Canadian Coalition for Good Governance (2003-2007), an organization that today represents 50 institutional investors with ~$3 trillion of assets under management (AUM).
In 2004, he helped create and still helps oversee the Canadian Directors’ Education Program with the Institute of Corporate Directors (ICD), a rigorous 12-day course that has now graduated over 8,000 senior Canadian entrepreneurs, directors, and family office members. Upon graduation and the completion of both an online examination and then a simulated Board meeting, a post-nominal is bestowed – the ICD.D. David was made a Fellow of the ICD- the F.ICD – in 2012.
Overseas, he has taught in dozens of other jurisdictions. For example, From 2010 until 2017, he created and led the Directors Education Program for Saudi Aramco, the world’s largest company headquartered in Dammam, Kingdom of Saudi Arabia.
In 1994, he was made an Officer of the Most Excellent Order of the British Empire (O.B.E.) by Her Majesty Queen Elizabeth II at Buckingham Palace for his services to Papua New Guinea. In Papua New Guinea, he was the principal economic architect for Independence in 1975. He was subsequently presented with the 30-year independence medal.
In 2012, he was awarded a Queen Elizabeth II’s Diamond Jubilee medal for his contributions to Canadian mining. In 2013, he was inducted into the Order of Canada (C.M.), the nation’s highest civilian honor. The only recipient ever to be cited for his work on Canadian Corporate governance.
In 2018, he was presented with a Lifetime Achievement Award by the International Corporate Governance Network (ICGN) a grouping of global asset managers with AUMs ~$50 trillion in 47 nations. He was only the third Canadian to be so recognised.
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David R. Beatty, C.M., O.B.E., F.ICD, CFA
One of the world’s most experienced corporate directors and educators, David has served as a Director on 40 boards in Canada, America, Mexico, Australia and England and been chairman of 9 public and 2 private companies.
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