Is the board making a difference?
Board performance, reporting and evaluation.
- Level
- Bitesize
- Learning time
- 1 hour 30 minutes
- Where
- Good Governance
- Price
- £39
When you step up to a higher level, what you paid in the last 12 months for lower-level courses inside the bigger course comes off its price, in proportion to how much of each is inside it, whichever topic it's from. Courses at the same or a lower level don't give credit against each other. A Focus course or above always costs at least £15. Read the full terms
Certificate of Completion
Overview and Outcomes.
Overview
A board can only see what it is shown, and more information rarely means more insight. This module covers KPIs, lag and lead indicators, integrated reporting and materiality, the standard every board report should meet, the four reporting areas every board needs, and the right reporting cadence. Tesco's 2014 accounting scandal shows that a metric is only as honest as the system behind it, with a four step process for building a dashboard your board will use. This capstone module turns the board's scrutiny back on itself. It traces board evaluation to its code origins, sets out a cycle of annual internal review, periodic external review, chair appraisal and individual director appraisal, and shows what good evaluation tests and how to act on it. Three applied cases, Boeing and the 737 MAX, Patagonia's ownership restructure and a composite housing association turnaround, show existing frameworks explaining very different outcomes.
What you'll develop
In this Bitesize, you will develop the ability to:
- Explain what integrated reporting combines and assess a board report against the standard of concise, reliable, strategically focused and visible.
- Distinguish lag and lead indicators and use them, with the four key reporting areas and an appropriate cadence, to design a balanced board dashboard.
- Apply the lesson of Tesco by asking how a reported metric is actually produced rather than accepting it at face value.
- Describe the layers of the board evaluation cycle and explain why an evaluation nobody acts on is worse than none.
- Plan a board evaluation that tests composition and skills, dynamics and culture, process and information, and contribution to strategy, and turn its findings into named actions with owners.
The Modules.
1 hour 30 minutes of learning.
- 06Performance, Reporting and MetricsA board can only see what it is shown, and more information rarely means more insight. This module covers KPIs, lag and lead indicators, integrated reporting and materiality, the standard every board report should meet, the four reporting areas every board needs, and the right reporting cadence. Tesco's 2014 accounting scandal shows that a metric is only as honest as the system behind it, with a four step process for building a dashboard your board will use.45 min
- 07Board Evaluation and Applied Case StudiesThis capstone module turns the board's scrutiny back on itself. It traces board evaluation to its code origins, sets out a cycle of annual internal review, periodic external review, chair appraisal and individual director appraisal, and shows what good evaluation tests and how to act on it. Three applied cases, Boeing and the 737 MAX, Patagonia's ownership restructure and a composite housing association turnaround, show existing frameworks explaining very different outcomes.46 min
Go deeper, and pay only the difference
- You are hereBitesize, 1 hour 30 minutes, £39
- Next stepFocus, The board at work, 3 hours, £69. Already own the Bitesize? You pay £30.
- The whole topicExplore, Governing well, 6 hours, £129. Already own the Bitesize? You pay £90.
When you step up to a higher level, what you paid in the last 12 months for lower-level courses inside the bigger course comes off its price, in proportion to how much of each is inside it, whichever topic it's from. Courses at the same or a lower level don't give credit against each other. A Focus course or above always costs at least £15. Prices per person. Read the full terms
Also part of: Governing with confidence