Boards looking to improve performance will require a comprehensive approach. This will include ensuring that the board has the right mix of expertise, encouraging an environment that is positive as well as streamlining processes and conducting regular reviews. By addressing these areas, boards can help drive the best practices and accelerate the decision-making process.

The chair of the board plays a vital role in determining how a board works. A chair with weak leadership or coordination skills is less likely to be capable of creating an environment in which directors can offer their own perspectives and have productive discussions. A chair who is insecure and a bit too controlling can create an environment where the board is not transparent and discussions are stifled.

Dysfunction is among the most common issues a board faces. The problem could board performance problems be triggered by personal conflicts between board members, or it can be due to insufficient structures which facilitate the board’s responsibility for assessing performance. Delegating these responsibilities to the board as a whole or assigning them to the executive committee will often lead to a lack of oversight.

Another important factor to consider is the performance of the board in terms of its ability to access and process information. Access to relevant data will enhance the effectiveness of the board and allow boards to make better decisions. Many boards don’t have effective methods for sourcing data and sharing it. If this isn’t addressed it will be difficult for boards to improve their performance.