Business Features

How to Solicit Valuable Feedback From Your Board

feedback

One of the drawbacks of being a CEO is that you don’t have an immediate boss who will give you regular feedback on your performance. This is why your board can be helpful. The right board can be a powerful multiplier of your efforts. Their knowledge, connections and experience can help you improve your organization’s performance.

However, many board members need help providing feedback. Their initial inclination may be to focus on financial performance only.

The trend of opting for board members with diverse functional backgrounds often means that few actually have experience as a CEO. They may not understand how the CEO’s job differs from the other executives in the organization.

For these reasons, it’s up to you to establish a relationship with your board that encourages them to provide appropriate and useful feedback. Here are two ways to do just that.

Read the full post here.