Evaluations for a Highly Effective Board
Build a Better Board
Board Excellence Assessment™
Nasdaq Governance Solutions’ board evaluation process has been designed by directors for directors. We work with you to create and facilitate an evaluation process that provides insight on board functioning and performance and promotes your commitment to excellence. Our online format is user-friendly, fast and accurate. Responses are anonymized and aggregated into our Board Excellence Assessment™ report that includes analysis, turning feedback into action.
We customize board, committee, and director evaluations based on your governance structure, legal and regulatory requirements, topics specific to your industry and purpose, and the needs of your board. Following best practices in corporate governance, our governance experts will guide and facilitate an evaluation process that provides valuable insight, promotes board effectiveness, and supports your commitment to continuous improvement.
An effective board evaluation builds accountability, compliance, and productivity of your board. Nasdaq Governance Solution’s board evaluation is a patent-pending, online process designed to systematically assess board performance and educate board members. This confidential, safe, and secure tool is the premier board evaluation available in the corporate governance marketplace. Evaluation responses are compiled into reports, reducing time and effort for board administrators. We offers several specialized reporting options for board evaluations. This product is a conducive report used to promote improved board performance, appraise corporate strategy, examine compliance, and assay critical board relationships — a key component to effective corporate governance.
Our specialized Not-For-Profit (NFP) Board Evaluation is similar to the standard board evaluation but designed specifically for a nonprofit organization’s board. This questionnaire examines a nonprofit board’s financial oversight, conflict of interest, ethics, highlighting the board’s strengths, weaknesses, and operational effectiveness. The assessment integrates Form 990 elements, meaning the board is fulfilling its oversight requirements. The combination of a mission and vision review with the completion of oversight requirements make this process cost and time effective.
The NFP Board Evaluation is an online, fully customizable process designed to evaluate non-profit board performance. Responses are gathered into a report that will provide insight on a nonprofit board’s vision, oversight, and performance. Use this checklist to help your board design and follow foundational practices to successfully promote your organization’s mission.
Alignment between management and the board allows for a higher probability of success. The board has a mandate to monitor management performance. A 360 style approach offers a management evaluation of the board, enhancing the bi-lateral interaction of board and management, increasing the opportunity for communication and alignment. By choosing Nasdaq Governance Solutions for your management and board assessment needs, we can uncover the best way for the board to support management’s goals. An evaluation of the board by management provides a deeper understanding of the dynamic between the two, and can be beneficial to the decision making process. Completing a board evaluation and a management evaluation of the board in tandem can provide great insight on underlying issues through dramatically differing averages or consistent thought. Combining the two evaluations will ultimately be cost effective, time efficient, and provide you with the results you need.