A company evolves gradually and is constantly exposed to new challenges. Its board has the responsibility to deal with it together with management. A periodic evaluation of the competences and functioning of those bodies is therefore an ideal tool to improve the company’s performance in the future.
As an expert in corporate governance, deminor NXT has developed a simple method to practically evaluate your governing and management bodies. Based on the working points identified, we formulate concrete recommendations and help choose the appropriate structure, operating rules and division of tasks. A necessity for every growing company and family business.
When talking about good governance, it is crucial to regularly evaluate the board members (in terms of remuneration, individual contribution and profile) as well as the internal functioning of the governing body (in terms of cooperation, information provision and mutual trust).
The board’s relationships with other stakeholders – such as management, shareholders and employees – should also be part of that evaluation.
We schedule a meeting with the chairman of the board and/or the managing director and prepare an electronic questionnaire that responds to the context of your company.
We send the questionnaire to the board members, with sufficient explanation and instructions and state a deadline for completing the questions. This is preferably done anonymously and with the guarantee of confidentiality.
We receive the individual answers.
We process the responses and present the results, our conclusions and our recommendations to the board via an extensive report.
We provide the necessary follow-up and guidance for the development of concrete recommendations.
Do not hesitate to send us a message: we are happy to listen to your questions and will do our utmost to answer it quickly and comprehensively. You can also choose to visit us in person in Brussels, Ghent or Antwerp. If necessary, we will put you in touch with the right experts.