The German Corporate Governance Code or the Public Corporate Governance Code require that a regular review of the efficiency of supervisory boards be carried out. Banks are even required by law to conduct a review. Listed companies also have to explain their approach to the self-assessment of the Supervisory Board and indicate whether they have used external consultants.
Family businesses also recognise the added value of a systematic evaluation of their supervisory and advisory boards. After all, this is not only a compliance obligation, but also an important part of ensuring the long-term success of the company. We provide you with full and independent support in carrying out your efficiency review – simply and on a sound scientific basis.
Every board is unique. This is why we adapt our evaluation approach to your situation and objectives. There are two ways to carry out efficiency reviews – either standardised and online based or in close consultation with you on an individual company basis.
The standardised procedure focuses on the efficiency and duration of the evaluations, while an evaluation approach on an individual company basis aims at the close involvement of the board members.
Within the framework of a long-term partnership with our clients, our efficiency reviews build upon each other in the manner of a follow-up. This makes it possible to improve the effectiveness of your boards step by step. Our approach facilitates the evaluation process and makes it easier for you to obtain an independent quality certification.