- PRODUCT OVERVIEW
Directors, especially of public companies, have a fiduciary duty to their company. It is critical that your directors are fully engaged, productive, relevant, and a positive influence on the board and the company. But not all directors fit that mold. Some may simply be tired or too busy. Or perhaps they are disruptive to discussions. Or the board’s needs may have simply shifted. In any case, individual director evaluation is one of the most critical, and the most sensitive, of all board accountabilities. And, in today’s environment, it is expected and rewarded. Are your directors prepared for such accountability?
The Director Index is designed to help directors become more effective. Ours is the only objective, board driven, anonymous, confidential, and web-based evaluation solution to help individual directors optimize their performance.
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.
“The Audit Committee Index® report identified an area of disparity and created and enabled discussion by the board members in an area that would have otherwise not been raised. We intend to do this again next year. It was really a wonderful tool for us”
— Vern LaForti, CFO, Overland Storage
The Board Institute Inc.
4350 East Camelback Road
Phoenix, Arizona 85018