David Shaw of Private Company Director and Kelly LeCouvie of The Family Business Consulting Group discuss how family business boards should look at the value of evaluations and some of the processes that need to be considered. Topics include:
- The importance of identifying how to best represent the shareholders and their expectations of the board/ company
- The different kinds of assessments available (full board assessment vs individual board member assessments)
- Different processes and gradations of formality of assessments and when to best use each kind
This video is part of the Governance Mastery Series produced for Private Company Director.
View part two here: Family Business Board Evaluations: Content, Process and Board Dynamics