Aon's Board Performance tools enable the efficient measurement of the performance of the board and their advisers in delivering their strategic objectives. The board can reflect on their collective achievements over the year and assess the extent to which their governance framework and advisers have supported this, ultimately leading to a cycle of improved governance.
We supported the board of a large pharmaceutical client following the sponsor’s transformation programme. The aim was to adapt the way the board conducted its day to day operations to become more agile. This was achieved through a number of training sessions and workshops to identify areas of current practice that were no longer required. Streamlined business planning was introduced for the Board that complemented the sponsor’s approach.
Completing Aon’s board performance assessment will help you understand:
Many pension boards will have set out their strategic objectives in policy statements, 3-5 year goals and what this means for them in terms of a one year action plan. Completing an assessment against these objectives helps boards consider:
If you have not yet set out your strategic objectives, please see our page on Strategic Business Plan for further details.