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Board and Director Selection and Appraisal

15 Mar 2017

An efficient appraisal system is one of the key areas where board effectiveness can be improved, enabling directors' performance to be monitored and improvements made.

There are many benefits to a company, and to its board, of a regular review. They help to clarify the individual and collective roles and responsibilities of directors; raise awareness of any current or future skills gaps with a view to filling them; improve working relations between the board and managers encouraging greater candour between directors' and senior managers (they also show that the board is leading by example), and finally they help keep the board focused on improving its effectiveness.

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The information in this guidance is intended for general information purposes only and does not constitute legal or professional advice. The IoD does not accept any responsibility for any loss which may arise from relying on information contained in this article. It is not a substitute for legal advice and specific and personal legal advice should be taken on any individual matter. IoD does not recommend any firms. The IoD is not accountable for the products, services, acts or omissions on the website(s) linked to this page. Website terms and conditions apply.

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