Board of Directors Performance Evaluation and Enhancement Process
(PEEP^sm)

Boards of directors across the nation are struggling with the rapid evolution of corporate governance in the wake of Sarbanes-Oxley and the myriad of new requirements coming out of the SEC and the listing exchanges.

The Directors' Network offers facilitated board of directors self-evaluation modules that can help you find out "where you are" so that you can transition to "where you want to be" in this rapidly changing environment.

The basic self-evaluation tool is called the "Board of Directors Performance Evaluation and Enhancement Process" -- PEEP (SM). This tool can be easily modified to the special needs of your company or non-profit organization's committee responsible for corporate governance.

Self-evaluations have always been viewed as a proactive best practice by boards truly interested in transitioning to higher levels of performance. However, more than half of the board members of public companies polled in a recent survey said evaluations had never actually occurred at their companies. Public and non-profit organizations need to determine, at least annually, whether their boards and committees are functioning effectively.