Board of Directors
Competency Assessment
Strengthen corporate governance sustainability and provide confidence to investors with a highly competent board of directors profile!
The board of directors is the body that governs corporate sustainability, starting with the institution's vision and mission, its strategy, risks, measures to be taken to be prepared for crises, principles of relations with all stakeholders, and in short, the organization's corporate sustainability.
Increasing uncertainties in the business world, technological transformation, regulatory pressures and sustainability risks make it necessary for boards of directors to have more agile, multidimensional and expertise-based decision-making competence. This makes the regular assessment and development of board members' knowledge, experience and behavioral competencies critical.
For this reason, the board of directors must have the right and competent human capital. The competency roadmap regarding the skill sets, areas of expertise and future board success targets within the board should be developed proactively.
Correctly defining the knowledge, skills and behavioral indicators that board members should have, measuring the defined competency indicators every year with an independent assessment tool and reporting development opportunities will increase the effectiveness and success of the board of directors. As a result of this assessment, members' strong competency areas and competency development areas will be identified. In this way, task allocation and personal competency development planning can be carried out with a stronger focus on corporate strategy and development goals.
With the competency assessment methodology developed by CGE;
- You will obtain a roadmap for member-based competency assessment and personal development, as well as a roadmap for general competency assessment and general development areas for members, and ensure the continuous improvement of board performance and decision-making quality.
- You will be able to invest in the competency development of members and develop the competency areas needed on the board of directors.
- With annual reviews, you will be able to track member competency development and the impact of this development on board performance for five years.
- You will provide assurance to investors, financial institutions and your strategic business partners with highly competent board members.
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