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2024-102 Board Effectiveness Review

Published

Description

Good practice in corporate governance is for Boards to review their own effectiveness every year, and to have externally facilitated board evaluations at least every three years. This is also a government requirement for arms-length bodies. Ofgem wishes to carry out a board effectiveness review that fulfils the traditional requirements, including: a) Providing independent feedback on how well the Board carries out its duties and how this compares with best practice and relevant corporate governance guidance; and b) Providing advice to the Board on how to improve its effectiveness by reviewing the current structures, processes, behaviours, and decision-making.

Timeline

Publish date

5 months ago

Close date

4 months ago

Buyer information

Office of Gas and Electricity Markets (Ofgem)

Contact:
Christine Kennedy
Email:
procurement2@ofgem.gov.uk

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Notice topics

Business analysis consultancy servicesBusiness and management consultancy and related servicesBusiness development consultancy servicesEvaluation consultancy servicesPerformance review services

Related topics

Crisis management servicesManagement-related servicesGeneral management consultancy servicesBusiness and management consultancy servicesMarket research servicesBusiness services: law, marketing, consulting, recruitment, printing and security

Source

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