Director training and induction are invaluable components of every company’s director development program and the primary responsibility for the aspects of director development vests with the company secretary. Director induction is an important governance element of ‘performance assessment’, and our firm places a particularly important focus on this aspect in our company secretarial role.
The firm’s key person responsible for board evaluations is the author of a chapter on ‘Director inductions and board evaluations in the Company Secretarial Practice book published by Juta Publishers and endorsed by the Institute of Chartered Secretaries Southern Africa. Our firm, thus, follows international best practice in director inductions and board evaluations.
Our firm conducts complete evaluations of board members individually, the board collectively, all committees of the board and statutory committees, and chairpersons of the board and all committees. Our firm uses up to date and best corporate governance-compliant questionnaires, which are primarily aimed at attaining the undeniable imperative of minimizing or avoiding the global problem of boards’ failure in their oversight and/or decision-making duties.