Good governance recommends boards evaluate their performance on a biannual basis. For many boards, particularly those in the not-for-profit sector, this can become expensive and is not done.
Over the years, Women on Boards members appointed to a range of boards have privately confessed it was not what they expected and a board review was urgently needed.
Performance evaluations are a key means of determining whether your board and your organisation are meeting goals and making progress. Board evaluations are designed to:
Identify gaps and improve the performance of directors.
Hold the board accountable for its performance through improved transparency.
Add credibility to board decision-making.
Offer an opportunity to communicate objectively.
Highlight the strengths and weaknesses of both individual directors and the director collective.
Governance specialist and entrepreneur Fi Mercer has an invaluable understanding and experience of what really makes boards successful.
Fi is the founder and CEO of Governance Evaluator, an online governance evaluation service for boards seeking to improve their performance.
The service is generic for boards across the majority of sectors, but additional specialist modules have been developed for the healthcare, finance and community sectors.
On 20 July, Fi will be sharing critical lessons and key insights into effective governance with Women on Boards members in this free webinar on the Importance of Organisation Wide Governance.
During the webinar, Fi will discuss:
The importance of evaluation as a critical first step to enable effective prioritisation of issues
How the process of evaluation takes directors and boards from a fraught position of “don’t know what we don’t know”, to the empowering position of “knowing what we don’t know”
How to effectively target individual and collective governance capability gaps with the right information and support.
Fi will also provide insight into the Governance Evaluator platform. Women on Boards members have access to the Governance Evaluator at special member rates.
To book your spot in the Build Your Boardroom Capability: The Importance of Organisation-wide Governance webinar on Tuesday 20 July, 12pm-1pm, click HERE
About Fi Mercer
Fi is a governance and director review and development specialist, governance data and IT expert and successful entrepreneur, with 30 years leadership experience, both executive and governance, in the health and primary care, human services, education, not for profit and business sectors. She is a highly sought-after Chair, Director, governance facilitator, speaker and project manager.
Fi has significant skills, expertise, and experience in supporting boards and executives to review and develop their corporate, sector, structural, constitutional, culture, behavioural and individual director governance roles and responsibilities for being effective and resilient.
She is a transformational leader in her current and past Chair and director roles, as well as her roles as a founding director, CEO and executive manager. She has completed entrepreneurship, innovation and venture capital studies, Haas Business School at Berkley (Silicon Valley, California). She is also engaged in the Runway Geelong accelerator and mentoring program for governance in start-up businesses.
Fi’s most recent roles have been with Dairy Foods Safety Victoria, Bendigo Health, Barwon Health, Baptcare VIC, BaptistCare NSW, Southwest Sydney Primary Health Network and National Heart Foundation.