The Board Peer Review Tool is a helpful instrument for board learning that can result in improved board effectiveness, which in turn, enhances organizational performance. A board’s discussions regarding the results can also lead to a more cohesive team by strengthening communications and understanding between board members.

• Additional benefits include:

The Independent Sector’s Principles for Good Governance and Ethical Practice, which promotes best practices for charitable organizations and foundations. Principle #16 states

Board members should evaluate their performance as a group and as individuals no less frequently than every three years, and should have clear procedures for removing board members who are unable to fulfill their responsibilities.

It's important boards complete self-assessments annually - to verify if board engagement or attendance is lagging, or if the Board has become distracted from their basic roles and responsibilities.

In the most recent Leading with Intent survey, a governance survey conducted by BoardSource, only 58 percent of organizations reported that they use a formal, written self-assessment to evaluate their board's effectiveness.

How the board conducts a self-assessment, influences how successful it will be while securing its role as a standard process.

For some boards, the first self-assessment experience feels awkward and somewhat daunting. However, if the process and the consequences are accepted, the first assessment should result in a beneficial learning experience.

Embarking on a second assessment proves that the board has learned the importance of monitoring its own effectiveness.

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<aside> 💡 A peer review is about the future and ensuring that the board members’ contribution to the organization is always top quality.

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