• Board Governance Assessment
• Director Peer Evaluation

Your Board is a strategic asset.  The strength of that asset is needed now more than ever before!

McLagan has developed a comprehensive set of Board Governance services designed to help your bank's Board function at higher levels and contribute more fully to its success. Our instruments focus on key areas of both Board as well as Director performance, providing you with clear information about strengths and areas needing improvement. Because these tools are completed in the strictest confidence, candor emerges. Also, there is no interviewer, so you can be sure that the process is impartial and consistent. Our governance consultants provide clear insight to your data and make straightforward recommendations for action.  This entire process is completed in accordance with accepted Board Governance best practices.

Board Governance Assessment – a web-based process that examines the function of the Board as a whole to:

• Help you comply with emerging regulatory initiatives
• Align board function with best practices
• Improve communication between the board and CEO
• Support the board in effectively fulfilling its governance and fiduciary responsibilities
• Strengthen the effectiveness of board committees
• Provide a benchmark for measuring board development

Director Peer Evaluation – a paper-based process that examines the performance of directors as individuals:

• Helps identify individual core competencies and areas for improvement
• Provides a structure for director development
• Improve communication between directors
• Assures directors are fulfilling committee and strategic roles
• Permits objective comparison between directors
• Supports discussion about performance expectations and succession planning

"First Cloverleaf Financial Corporation recently engaged McLagan to conduct a Board Governance Assessment and Director Peer Evaluation for our Board. We received great value from their work. The process was easy, the written summary was on point, and the facilitation of the discussion was professional and helpful. The topics that needed to be aired surfaced in a way that enabled us to make important improvements in our governance practices. We plan to continue this process in the future with Amalfi Consulting."

Gerry Schuetzenhofer, Chairman
Compensation Committee, First Clover Leaf Bank

McLagan has completed a Flash Survey on the topic of Board Governance Assessments and Director Peer Evaluations and presented the results in a webinar recording which is available by clicking here.  Below in the attachments section you will also find a number of relevant documents to download concerning our Board Governance Assessments and Director Peer Evaluations.

Click below for a demonstration of our online assessment instrument.

Demo Online Assessment Instrument

Attachments:

Flash Survey Report: Board Governance Assessment and Director Peer Evaluation

Board Governance Assessment webinar recording presentation materials

Board Governance Assessment Services brochure