We Build Better Boards Through Gap Analysis

Cardinal Board Services provides gap analysis for clients’ board of directors to assess the difference between the current state of the board and its desired future state. In this context, a gap analysis can be used to identify areas where the board is falling short of its goals or where there are opportunities for improvement.

To conduct the gap analysis Cardinal Board Services would first identify the current state of the board and its desired future state. This may involve looking at various aspects of the board’s performance, such as the following

  • Board composition
  • Directors age
  • Location
  • Education
  • Functional experience
  • Effectiveness
  • Efficiency

Once each of these states has been identified, the organization can then identify the gap or gaps between the two states, as well as the causes of those gaps.

Once the gaps have been identified, the organization can then develop strategies and actions to close the gap and move towards its desired future state. This may involve making changes to the board’s current composition, processes, policies, or other elements of the board’s operation.

Contact Cardinal Board Services today to begin the process of navigating the complicated waters of board compensation. We will work together to implement the best compensation plan for your board.