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Board Effectiveness Evaluation (BEE)

The KPMG report titled “Board Evaluation – Mutual Admiration or Thoughtful Reflection” sheds insights on the conduct of board effectiveness evaluation and the attendant findings. Notable observations in the seminal Report include highlights on how leading companies are optimizing their board evaluation process by having a focus on key roles in the boardroom, formulating multifaceted evaluation instruments and developing report cards for individual directors. The Report also expounds frequent themes that surface from board evaluation exercises in terms of strengths and improvement opportunities such as boardroom dynamics, strategy, succession planning and information architecture.