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Board, Director and CEO Evaluation byKiel, Geoffrey; Nicholson, Gavin; Barclay, Mary Anne; Szuper akció

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Cikkszám: SK0071068 Kategória: Címke:

Rövid leírás:

When a board hits the front page of the newspaper as a result, for example, of corporate failure, questionable ethics or conflict within the board, the damage has been done and remedial action is either impossible or comes at a considerable cost. The challenge for all boards is to take action before there is a crisis.

Performance evaluation is a major means by which baords can recognize and correct such corporate governance problems and add real value to the organisation they govern. It is a key component of the performance management system for any board.

The authors’ experience with many difference boards have shown them that, while many organisations now see the benefits or regualr performance evaluation, there are few sources of practical advice on how to establish and run a board evaluation. In Board, Director and CEO Evaluation, Geoffrey Kiel, Gavin Nicholson and Mary Anne Barclay provide a pragmatic and helpful resoruce for those seeking information on how to carry out a board and/or CEO evaluation

The authors discuss current thinking in best practice corporate governance and the benefits of board evaluation. They provide a framework that can be used to develop a successful board evaluation process appropriate to the organisation, whether it’s listed on the stock exchange, is a small family company or is a not-for-profit organisation.

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Hosszú leírás:

When a board hits the front page of the newspaper as a result, for example, of corporate failure, questionable ethics or conflict within the board, the damage has been done and remedial action is either impossible or comes at a considerable cost. The challenge for all boards is to take action before there is a crisis.

Performance evaluation is a major means by which baords can recognize and correct such corporate governance problems and add real value to the organisation they govern. It is a key component of the performance management system for any board.

The authors’ experience with many difference boards have shown them that, while many organisations now see the benefits or regualr performance evaluation, there are few sources of practical advice on how to establish and run a board evaluation. In Board, Director and CEO Evaluation, Geoffrey Kiel, Gavin Nicholson and Mary Anne Barclay provide a pragmatic and helpful resoruce for those seeking information on how to carry out a board and/or CEO evaluation

The authors discuss current thinking in best practice corporate governance and the benefits of board evaluation. They provide a framework that can be used to develop a successful board evaluation process appropriate to the organisation, whether it’s listed on the stock exchange, is a small family company or is a not-for-profit organisation.

Több

Tartalomjegyzék:

1Introduction

1.1Increasing pressure for board evaluations

1.2Objections to the board evaluation process

1.3Advantages of board evaluation

1.4Framework for a board evaluation

1.5Conclusion

2Setting objectives for your board evaluation

2.1What does the board hope to achieve?

2.2Getting started

2.3First-time evaluations

2.4Conclusion

3Who will be evaluated?

3.1Criteria for deciding who to evaluate

3.2Board as a whole

3.3Board committees

3.4Individual directors

3.5Chairperson

3.6Lead independent director

3.7Company secretary

3.8CEO

3.9Conclusion

4What will be evaluated?

4.1The governance balancing act

4.2Refining the evaluation’s objectives

4.3The Corporate Governance Charter framework

4.4Applying the framework

4.5Other best practice frameworks

4.6Conclusion

5Who will be asked?

5.1Potential sources of information

5.2Determining who to ask

5.3Conclusion

6Evaluation techniques

6.1A research methods primer

6.2Qualitative analysis

6.3Quantitative analysis: the survey

6.4Conclusion

7Who conducts the evaluation process?

7.1Internal reviews

7.2External reviews

7.3Conclusion

8Communicating the results

8.1Who will be advised?

8.2How and about what will they be informed?

8.3Conclusion

9Evaluating your CEO

9.1Relationship between the board and CEO

9.2Pressures for increased CEO evaluation

9.3Advantages of the CEO evaluation process

9.4Designing a CEO evaluation process

9.5Steps in the CEO evaluation process

9.6Using the results of the evaluation process

9.7Conclusion

10Implementation

10.1The implementation process

10.2The performance evaluation cycle

10.3Persuading the board to implement regular evaluation

10.4Conclusion

11Conclusion

Appendix 1Board-as-a-whole questionnaire 1

Appendix 2Board-as-a-whole questionnaire 2

Appendix 3Individual director self-evaluation questionnaire 1

Appendix 4Individual director self-evaluation questionnaire 2

Appendix 5Directorial competence self-assessment questionnaire

Appendix 6Individual director peer-evaluation questionnaire 1

Appendix 7Individual director peer-evaluation questionnaire 2

Appendix 8CEO evaluation tool 1

Appendix 9CEO evaluation tool 2

Appendix 10CEO 360-degree feedback questionnaire (extract)

Appendix 11Sample questions for board-as-a-whole evaluation

Appendix 12Sample questions for individual self-evaluation

Appendix 13Sample questions for individual peer evaluation

Appendix 14Sample CEO job description

Bibliography

Index