Managing corporate governance and board evaluation

Managing corporate governance and board evaluation is the capability of individuals to develop and implement effective governance frameworks and evaluate the performance of the board of directors within a business. It involves understanding how to develop and implement governance policies and practices that promote transparency, accountability, and ethical behavior, and assess the effectiveness of the board in achieving business objectives.

Beginner competence definition

At a beginner level, individuals are able to perform basic tasks such as understanding corporate governance and board evaluation concepts and principles, identifying governance and board evaluation needs, and providing basic support for governance and board evaluation activities. They also have a basic understanding of regulatory requirements related to corporate governance and can work effectively in a team environment.

Intermediate competence definition

At an intermediate level, individuals have a deeper understanding of governance and board evaluation frameworks. They can develop and implement governance policies and practices that align with business objectives and comply with regulatory requirements. They are also able to evaluate the effectiveness of the board in achieving business objectives and identify areas for improvement.

Advanced competence definition

At an advanced level, individuals have an expert-level understanding of governance and board evaluation frameworks. They develop and implement complex governance and board evaluation programs that involve assessing and mitigating governance risks, monitoring and reporting on board performance, and communicating board performance to stakeholders. They also have strong leadership and communication skills and are able to lead teams of governance professionals to achieve business objectives related to corporate governance and board evaluation. They are knowledgeable about corporate governance and board evaluation industry trends and can recommend and implement best practices to ensure effective governance of the board and corporate governance policies and practices.