Conducting a board performance assessment involves several steps:
1. Self-Assessment: Board members can complete self-assessment questionnaires to evaluate their own performance and that of the board as a whole. 2. Peer Review: Members can provide feedback on their peers, offering a 360-degree view of performance. 3. External Evaluation: Engaging a third-party evaluator can provide an objective assessment and bring in external benchmarks and best practices. 4. Feedback Mechanisms: Implementing regular feedback mechanisms ensures continuous improvement and accountability.