Comprehensive board review, Leadership insights, and FREE masterclass

Comprehensive board review, Leadership insights, and FREE masterclass

In this week's Hanover Talent Insights:

?? Conducting a comprehensive board review

?? Unlocking the future of leadership

?? FREE masterclass: Elevate your NED LinkedIn Profile

Conducting a comprehensive board review

Board reviews are crucial to ensuring organizations have strategic direction and the right leaders to keep them on course.?

However, evaluating board performance is complicated. It requires objective assessments, continuous monitoring, and skills audits while maintaining alignment with corporate goals and evolving market trends. It’s not just about box-ticking or tightening procedures; it’s about making sure the board is fit for the future.??

Leveraging the expertise of an executive advisory firm like Hanover is your organization’s key to streamlining board reviews, maximizing leadership and achieving strategic outcomes.?

The importance of regular board reviews??

The health and success of an organization hinges on regular board assessments. Without them, weaknesses persist, leading to poor decision-making, diminished leadership effectiveness and a failure to meet objectives.?

The importance of a board review lies in three key areas:?

  • ?Assessing board effectiveness by evaluating its performance against set benchmarks, identifying weaknesses and enabling targeted improvements?
  • Improving leadership practices by measuring individual performance, addressing leadership gaps and recommending training or changes in board roles?
  • Aligning the board’s composition and performance with strategic goals, ensuring there’s the right mix of competencies and perspectives?

Despite these clear benefits, board assessments are often underutilized. According to a PwC survey , 39% of directors say their boards made no changes after a review. Organizations should seek?external board effectiveness reviews to hold themselves accountable and drive meaningful change .?

The role of executive advisory firms in board reviews??

Executive advisory firms like Hanover bring specialized expertise to board reviews. Possessing deep experience in helping boards leverage strengths, close development gaps and improve diversity, they provide fresh, unbiased recommendations that can be easily actioned.??

Continue reading to discover the benefits of board reviews

Unlocking the future of leadership

Leadership excellence is at the core of what we do at Hanover. In Q2 we took significant strides in empowering leaders to inspire and lead with impact.

Curious about our journey? Dive into our Q2 highlights to see how we're making a difference ??

Get in touch with Brent Herman or Elle Robinson to find out more.


FREE NED LinkedIn Masterclass - Elevate your NED LinkedIn Profile - 28th August at 10am

With over 1 billion users in 200 countries, LinkedIn is the #1 social media site for hiring professionals. An incredible 97% of headhunters use LinkedIn as their primary candidate source, even more so for senior hires. However you may feel about social media, you cannot afford to neglect your LinkedIn profile.

Making it on to the shortlist for a top Non-Executive Director (NED) role is a demanding process. Your LinkedIn profile, along with your CV, will be one of the make-or-break components. Victoria will show you how to use your LinkedIn profile to refine your non-executive brand, elevate your gravitas, move up the rankings, prove your ROI, showcase your expertise, and expand your network in a competitive market.

In this one hour masterclass, you will learn tips, strategies and learn an understanding of recruitment techniques to help build your personal brand and create a compelling LinkedIn profile.

REGISTER YOUR PLACE HERE

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