Stronger boards
Board Effectiveness
What are the core competencies and leadership qualities executives and Board members need to thrive?
Conducting thorough appraisals of your Board members and executive team is a winning way to help answer this integral question.
TRANSEARCH consultants are certified experts in leveraging Hogan assessments to identify leaders’ relevant skills and industry knowledge, as well as exploring their personality traits and potential to grow and advance with your business.
What sets great boards apart
The Key to a Successful Board
Shareholders and investors are increasingly taking a critical look at the performance of Boards.
Using global performance benchmarks, our assessment approach delves into key elements that factor into the success of Boards, including:
- The diversity of members
- The effectiveness of their governance, structure, and processes
- The success of their strategic guidance
- Their track record in communicating with stakeholders
- The relationship they have with the executive leadership team
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Frequently Asked Questions
What is a board assessment?
A board assessment evaluates the effectiveness, diversity and governance of a board. It applies structured processes to explore and enhance how board members perform, both individually and as a group.
Why are boards assessed more often than they used to be?
Shareholders and investors are increasingly taking a critical look at the performance of boards. That scrutiny has made a board’s own effectiveness a subject of formal review rather than something assumed.
What does a board assessment actually look at?
It examines the core competencies and leadership qualities board members need in order to thrive, and how well the board’s composition matches the demands placed on it. Certified consultants use Hogan assessments to look at skills, industry knowledge and personality traits.
What do you do with the findings?
The findings show where a board is strong and where it is short, which informs decisions about composition, succession and how the board works together. An assessment is a starting point for change rather than a report to be filed.
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