With the ever-changing landscape of technology, it brings with it a lot of new language to the table, which makes it seem complicated and one of those technically detailed conversations. It doesn’t have to be.
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A key factor for building high functioning boards that have the ability to lead successful organisations is for the board to have the right systems, processes and supports in place to empower a group of experts to become an expert group.
While board self-assessment is recognised by organisations including ASX, DHHS and AICD as an accessible, flexible and sound contributor for understanding and improving a board’s performance, the issue of subjectivity within a self-assessment is a long-standing point of discussion and debate.