Are Boards Effective in Giving Feedback to Each Other?

Position::BOARDBOOK
 
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While most company boards of directors are doing annual board assessments, they do not appear to be effective at the individual director level. Many directors still seem to be hesitant to undertake individual, peer-to-peer reviews, thus limiting important personal feedback from their fellow directors.

A study conducted by the Stanford University Graduate School of Business and the Miles Group Survey revealed that only slightly more than half of the companies surveyed actually gave each director personal, peer-to-peer feedback about performance, even though over 90% of the...

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