Performance
Appraisal
System

"It is the regulatory duty and responsibility of the Board of Directors to hire, motivate, evaluate and compensate the Chief Executive Officer of the Corporation. Of all the traditional board functions, EVALUATING the performance of the CEO and providing meaningful, objective feedback is clearly the most important function."

Source: Kent W. Francis & Ray Bauschke, "A Focus on Power."

Consider the following key questions about your CEO performance evaluation:

• How satisfied are you with your current CEO evaluation process?
• Are all of the directors and the CEO participating in this vital board function?
• Are you, as CEO, satisfied that you are receiving meaningful feedback?
• Is the performance evaluation criteria being used consistent with, and directly related to board policy, strategic plans, annual budgets and operating targets?
• Is your methodology consistent and balanced between subjective and objective performance criteria?

The principle objective of conducting a CEO evaluation is to acknowledge the good; to identify areas where improvement is needed; and, to engage everyone in building sound board/CEO relationships and a better organization through honest two-way communication. Most directors want to do a much better job of conducting their CEO performance evaluation, and we can help.

CEO-Onlineİ performance appraisal software can transform your CEO performance evaluation from difficult chore to state-of-the-art corporate governance task. And, with minimum effort! Numerous organizations, both large and small are using this web-based software with outstanding results. You can too!

CEO-Onlineİ will help your organization to:

• clarify and achieve a shared understanding of organizational and CEO performance expectations while defining a clear line of sight between these components;
• be credible, open and transparent based on predetermined performance evaluation criteria;
• drive achievement, continuous development and improvement, advancing a culture of performance throughout the organization;
• provide constructive input and feedback with a view to the CEO’s ongoing development; and
• maintain an appropriate and well documented comparison of actual CEO and organizational performance against all previous evaluations.

To participate in a NO COST, NO OBLIGATION live, on-line demo of this outstanding performance evaluation software with you, or your entire board, contact us today.