Principle 2.22 of the King III Report states that “The evaluation of the board, its committees and the individual directors should be performed every year”.

An effective board evaluation exercise helps the board, committees and individual directors perform to their optimum capabilities. It has the following advantages:

• Improves leadership/performance culture
• Clarifies differing directors’ roles
• Improves board communication
• Facilitates board teamwork
• Improves decision making processes
• Instills accountability in board members
• Improves efficiency of board operations

Chartered Secretaries Southern Africa provides a range of board evaluation and board governance analysis services.