Our Skills and Qualifications Self-Assessment has specific areas of competency required by our regulator. Credit Unions can add other competencies they wish to have assessed however we prefer to do this through our other assessments/evaluations. We have evolved the format of the survey from a lengthy, multi-question format to offering statements from which our directors can select their skill level. It’s much less onerous for our directors now and meets the requirements of our regulator.
Our peer evaluation which looks at how directors demonstrate their skills and attributes in the board room is a survey style assessment. Each director and executive rates each of the directors on 21 director attributes and provides an area for raters to offer developmental feedback. Since the director self-rates we can provide them with a comparison of their own results, those of their peers on the board, and those of the executive team. It’s a comprehensive assessment.