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A Board Effectiveness Review is an intervention. It is an external view, a perspective from outside the system. To commission one without any preparedness in a Board to do or think about things differently is a bit of a paradox. So why do so many Board Effectiveness Reviews sit on a shelf, filed under “interesting but not actioned”?
You don‘t meet many boards where its members complain that there is not enough to do or that they struggle to fill board time. NEDs are rightly conscious of keeping clear boundaries around the commitment that is expected of them and EDs want to have the right balance between preparing for/attending board and running the business.
Boards are not surprisingly increasingly concerned about ‘getting it wrong’. Broadly speaking that is a good thing as this focus should protect its stakeholders from disastrous outcomes.