Sample Self-Assessment or Peer-Assessment Tool
In brief: Produced with the Report of the NACD Blue Ribbon Commission on Board Evaluation: Improving Director Effectiveness, this template provides guidance for directors looking to conduct a self, or peer, evaluation. Per the New York Stock Exchange (NYSE) requirements, public companies must conduct regular, formal evaluations of full-board and key committees. Though individual director assessments are not mandated, this practice is becoming more routine.
This resource can help your board
- Design a self or peer assessment questionnaire.
- Enhance the evaluation process with performance judged on the basis of continued improvement.
Most relevant audiences: nominating and governance committee members, lead independent directors