Frankly, charity Chairs need to do more to drive up the performance of their Boards. New figures from ACEVOs Annual Pay Survey suggest CEOs tend to be significantly more worried about Board performance than their Chairs. A problem surely?
The figures are drawn from the annual ACEVO/Attenti Pay Survey, which this year surveyed 576 Chief Executives and 159 Chairs. It found that Chief Executives were significantly more likely to be dissatisfied than Chairs on:
- The skill set of the Board (Chairs were more likely to be satisfied by 10 percentage points, with 57% satisfied versus 47% of CEOs)
- The experience and knowledge of the Board (Chairs were more likely to be satisfied by 7 percentage points, with 67% satisfied versus 60% of CEOs)
- The variety of general views/outlooks on the Board (Chairs were more likely to be satisfied by 12 percentage points, with 77% satisfied versus 65% of CEOs)
I hear a lot from members about their Boards and their Chairs. Too many CEOs worry about the skills on their Board, but don’t feel they have an active ally in their Chairs when it comes to tackling the problem. There is too much complacency about Board performance in parts of our sector, and Chairs need to be at the forefront in tackling it, rather than relaxing while their Chief Executives worry. We need more Chairs to talk to their Chief Executives about whether their Boards are set up to succeed – and to act if they are surprised by the answer.
Come on, let's sort this!
No comments:
Post a Comment