The Boardroom Barometer is an assessment tool that is based on the premise that continuous real-time feedback is just as important as annual major board evaluation exercises. This feedback enables the board to make changes to inadequate or dysfunctional processes before they become ingrained in the governance system.
The Boardroom Barometer includes:
- The provision of a director questionnaire for each board meeting over a twelve month period
- Collation of data gathered
- Charts show the results for up to the last twelve meetings, which allows directors to see how the various aspects of the meetings have been improving or deteriorating over time
- Preparation of a report on the findings prior to the next board meeting