Problems with board performance are common, and often stem from one of the main elements. These issues include having the right people on the board creating a healthy and positive culture, providing access to information and regularly conducting evaluations. It is vital to take the correct approach in web these areas to elevate the business and board.

Board members possess a variety of expertise on certain issues, but if some directors are more knowledgeable than others, it could hinder discussions during meetings. Boards can address this by organizing mandatory training sessions for all directors on the relevant topics including M&A or new geographical areas, or updates to regulatory requirements. This helps to level out knowledge levels and ensure that all directors are prepared for board meetings.

The board hasn't created suitable structures and procedures for carrying its duties of evaluation including establishing an internal committee to gather and analyze performance data, or regularly presenting assessment results to the board for consideration.

Boards should also consider investing in third-party facilitated evaluations, which provide an external source of knowledge and impartiality that may be lacking in internal reviews. Professional evaluators can help to avoid the risk of political gamesmanship by staying clear of accusations and focusing on finding a shared path forward for improvement. They can also serve as an impartial mediator to resolve issues that involve group dynamics or individual egos. They can also provide a clear roadmap for continuing improvement, with specific and time-bound plans. They can also provide direction based on best practices and industry trends, helping the board to streamline its processes and improve the effectiveness of the board.