Why do you need a board skills analysis?

Whether it’s preparing to reassure investors that the board has the mix of skills and diversity to achieve results, focussing on compliance with Principle 5 of the Charity Governance Code, managing succession or with the aim of adding more diverse skills to your board, the annual skills analysis, when done well, will make the difference between compliance and success.

Board skills analysis can uncover insights into your specific skills and competencies.  You can discover untapped skills, areas for potential development and advance a more diverse, balanced and focused board, leading to:

• Increase return on equity, sales and invested capitol

• Increase performance

• Improved resilience 

• Improved governance, reporting and transparency

• Improved leadership, culture and representation

• Clarifying business direction and strategy

• Achieving objectives

The simple answer is compliance. The better answer is to add value to your organisation, transform your performance results and yield the changes you need to achieve future success through a cognitively and representatively diverse well skilled board. 

Take a look at our website or contact us for more information about how our Board Skills Analysis is being used to improve performance, culture and investment.