Regular board performance assessments offer several benefits:
1. Enhanced Governance: Improved understanding of roles and responsibilities leads to better governance. 2. Strategic Alignment: Ensures that the board is aligned with the organization's strategic direction. 3. Risk Mitigation: Identifies potential risks and areas of concern, enabling proactive management. 4. Continuous Improvement: Fosters a culture of continuous improvement and accountability. 5. Stakeholder Confidence: Builds confidence among stakeholders through transparent and effective governance practices.