6 types of companies and boards that should conduct an evaluation

6 types of companies and boards that should conduct an evaluation

6 types of companies and boards that should conduct an evaluation

Blog

Blog

27 Jan 2020

27 Jan 2020

There are many reasons to conduct an evaluation of your board, CEO or management team. Predominantly, you want to become confident that the members of said board or management team are on the same path and all share the same interests going forward. 

There are many reasons to conduct an evaluation of your board, CEO or management team. Predominantly, you want to become confident that the members of said board or management team are on the same path and all share the same interests going forward. 

There’re always a situation that calls for an assessment, and whilst they mostly fall under the same sword, it’s circumstantial. It could be everything from a company going through drastic changes to a company wanting to get, or stay, on top.

Here is a list of 6 different companies and situations that signal the need for an evaluation

A company about to go or recently made public

Newly or recently publicly made companies are in for a big change. This is a crucial time where it’s necessary to have your board prepared and ready – and that process starts with an evaluation. What better way to find out where you stand than taking a look at yourselves?New board of young organisation

When a board is young and fresh, you need something in place to measure your starting point – something to mirror the upcoming, challenging board work. It would be difficult to know what road to go down, or what mountain to climb, without a map.


Ambitious mature boards

For a more seasoned board that is aiming high, an evaluation is crucial. In this kind of situation, not knowing how aligned your board members actually are could be a fatal mistake. You may have hit a glass ceiling only because the members of your top team aren’t on the same page – which could limit their potential.

Boards of large, publicly-traded companies

In a large P.T.C. there is usually a vast amount of different stakeholders involved. It’s easy to get sidetracked from matters at hand, which may incidentally steal focus from the more important topics. An evaluation will spread awareness around the level of alignment in your top team and create a basis for you to conduct your board work from in the future – as one.

Organisations and NPO’s

Boards of N.P.Os spend a lot of their time engaging with their volunteers, employees and other stakeholders. They also keep a focus on making sure their fundraising stays on the right track – but what about reflecting on themselves?

Private equity or similar with a portfolio of companies

As a private equity firm, or a holder of a portfolio of companies, you are managing many entities at once. Wouldn’t it be great if there was a way you could bring them all together and compare their performance and priorities based on measurable facts?

Ready to explore BoardClic?

Sign up to experience our free interactive demo today.

Explore more blogs

Explore more blogs

Blog

15 August 2025

Board performance review: definition, scope, process and best practice (UK)

A board performance review, sometimes called a board evaluation or a board effectiveness review, is a structured assessment of how well a board fulfils its duties. In practice it examines the performance of the board as a whole, its committees, the chair and often individual directors, then turns findings into a concrete improvement plan.

Blog

13 August 2025

Succession planning for boards or CEOs: Ensuring leadership continuity

The performance of a board of directors can make or break an organisation’s success. A board that functions effectively ensures sound governance, drives strategic direction and upholds fiduciary responsibilities. However, maintaining such a high standard requires regular, critical evaluation. A well-conducted board performance review serves as a vital checkpoint, allowing the board to reflect on its achievements, identify areas for improvement and set the course for future success.

Blog

31 July 2025

5 things to do before and 5 things to do after a board performance review

The performance of a board of directors can make or break an organisation’s success. A board that functions effectively ensures sound governance, drives strategic direction and upholds fiduciary responsibilities. However, maintaining such a high standard requires regular, critical evaluation. A well-conducted board performance review serves as a vital checkpoint, allowing the board to reflect on its achievements, identify areas for improvement and set the course for future success.