Board Evaluation

Board Evaluation and Development

Board evaluation and development processes differ depending on the sector and the scale of the organisation. At IoDT, we use a tailored approach that meets the specific needs of Tanzanian organisations, aligning with Principle 4 of the National Code of Corporate Governance for Tanzania, which recommends that the Board be evaluated by an independent and external facilitator. It is advised that the Board undergo a formal, regular, and thorough evaluation of its performance, as well as that of its committees and individual directors, while producing an annual development plan.

We are confident that our comprehensive and guided approach will exceed your expectations and deliver measurable benefits, including enhanced leadership, clearer roles and responsibilities, improved teamwork, heightened accountability, better decision-making, more effective communication, and more efficient Board operations. Our Board evaluation process offers the potential for significant improvements, adding value at four levels: the organisation, the Board, its sub-committees, and individual directors.

Our Experience

IoDT has extensive experience in conducting governance and board evaluations across various sectors and industries in Tanzania, including:

  • Banks and financial services organisations
  • Listed and non-listed companies
  • Family-owned businesses
  • State-owned enterprises

Our Competitive Advantage

IoDT’s competitive advantage is rooted in:

  • Our experience across multiple sectors in Board evaluation activities.
  • The training of our facilitators by international corporate governance specialists.
  • Our development tools, which are aligned with best practices recommended by global standards, including the International Finance Corporation (IFC).
  • Continuous support and updates of our development tools in line with the latest trends and best practices in Corporate Governance to ensure our facilitators remain up-to-date.

We are confident that our structured and tailored approach will meet your expectations, bringing enhanced leadership, greater clarity in roles, improved teamwork, increased accountability, better decision-making, improved communication, and more efficient Board operations. Our Board evaluation process contributes to significant improvements and provides value at the organisation level, the Board level, within its sub-committees, and for individual directors.