Mike Magsig
Managing Partner, Global Board & CEO Practice
The expectations for board performance are continually escalating due to mounting pressures from regulators, investors, and stakeholders. In this dynamic landscape, effective board evaluations play a pivotal role in meeting the evolving standards of corporate governance.
Evaluation of a company’s board of directors is a best practice for all public and private companies. As self-evaluations are often ineffective, boards increasingly seek external advisers to provide objective feedback on board culture, structure, and composition and ensure that critical stakeholders and constituencies are represented.
DHR Global empowers boards to excel by identifying best practices, eliminating obstacles, and leveraging existing strengths. Our experienced consultants will work alongside your board to complete a thorough board evaluation. Annual full board and individual director assessments ensure our clients benefit from the most relevant governance best practices, strengthening the board and improving its effectiveness.
DHR’s well-established board assessment methodology is tailored to address each board’s unique case through three dimensions: structure and process, dynamics, and competencies. Our process clarifies goals and improves accountability by delivering objective feedback to individual directors, committees, and the board.
Our process is tied to your areas of importance, including purpose, strategy, structure, responsibilities, risk management, culture, and partnership.
We uncover opportunities through interviews with key stakeholders, focusing on the board’s top areas of concern. Our interview-based process provides insights beyond online assessments.
Based on input and best practices, we develop insights and a road map of action steps.
Drawing upon decades of experience, our board effectiveness services identify and calibrate opportunities for enhanced corporate governance to current best practices.
As diversity increases at the board level, inclusion becomes a key issue. Our process ensures all members have space to contribute and grow.
Neutral, third-party evaluation helps everyone ensure they’re contributing to a well-functioning board that can function as a proper fiduciary.
We provide actionable steps to implement immediately to improve board functioning.
At DHR Global, our Board & Governance team collaborates closely with our Leadership Consulting team to deliver the most effective board evaluation services. By leveraging this approach, we ensure our clients receive unparalleled insights and results, driving their success and governance excellence.