Leadership
Korn Ferry’s Annual Report on U.S. Board Evaluations
Insights into board evaluation best practices and emerging trends from S&P 500 companies. Explore the latest research.
Board evaluations measure, assess, and report on the effectiveness of the board, its directors, and committees.
Each year, Korn Ferry, in partnership with Gibson, Dunn & Crutcher LLP, delivers the most comprehensive analysis of U.S. public company board evaluation practices.
Our report provides insights on the current state and emerging trends to help you benchmark your processes against your peers, in order to help improve your board's effectiveness.
Findings from our 2024 report reveal:
- 51% of companies conduct interviews as part of the board evaluation process
- 50% of organizations conduct individual director evaluations
- 35% work with a third party to conduct the board evaluation
Are you doing enough to communicate the process and results of your board evaluation? Are the board evaluation and assessment tools you’re using working as well as they could be?
Our latest board survey will help you answer these questions and much more.
Best practices for communicating your board evaluation process can include:
- Sharing the framework used in the evaluation
- Including timelines or timeframes for the process
- Communicating when and how third parties are engaged
- Sharing outcomes and action items from the prior year’s evaluation
- Disclosing changes that will be made to the following year’s evaluation
