- PRODUCT OVERVIEW
Today’s Governance and Nominating Committees face a litany of challenges – from proactively recruiting objective directors, to conducting board and director evaluations, to managing accelerated accountability and risk.
Is your Governance Committee ready for the scrutiny that these issues provoke?
The Governance Committee Index is designed to help you determine how you can make your Governance and Nominating Committee more effective and demonstrate good practice to your constituencies and the markets. Ours is the only board driven, anonymous, confidential, and web-based evaluation tool to benchmark Governance Committees.
The content was developed in cooperation with WorldatWork, the national compensation association made up of corporate compensation officers and those who serve them.
The Board Index is a user friendly process that can be facilitated internally or by an outside consultant who works with the board to develop an action plan to respond to any issues raised. Read more about how TBI can complement your current evaluation process.
Step 1: Board members (and others, at the board’s discretion), anonymously, confidentially, and securely complete a comprehensive, online questionnaire. This takes approximately 15-20 minutes. Upon completion, drawing on scientific methodology, the questionnaires are compiled and scored.
Step 2: A report of the results and analysis is immediately available to your evaluation administrator and other key stakeholders, as the board determines appropriate, either on line or on paper. The report,which is a composite and provides no identifying information about individual respondents or the company, consists of:
It is as simple as that.
“Wow – the Compensation Committee Index® is so much more than I expected! The highlights report was great because with so much information, it allowed one to really hone in and target what the key take-aways from the report are. There is so much information about how an organization scored and best practices, and this has incredible value.”
— Sue Holloway, Practice Leader, WorldAtWork
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