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Board & Directors' Performance Evaluation
Improving the effectiveness of the Board is a priority for leading organizations everywhere. IOD has developed tools to assess the effectiveness of boards which combines survey as well as one-on-one interview results to produce a fact-base of improvement opportunities.

We help you identify and surmount the barriers impeding your Board’s effectiveness through Specialised Advisory, Consultancy & Training Services. Our well recognized and industry leading evaluation programmes can be tailored to suit your objectives and are known to impact performance positively. You can also count on us to streamline your existing evaluation procedures by facilitating the use of industry benchmarked assessment tools.

Board’s Strategic Foresight Cell

“Foresight is not about predicting the future, it’s about minimising surprise.”
~ Karl Schroeder, Canadian Professional Futurist

In the wake of the global pandemic, and preceding, as well as resulting economic & political uncertainties, organisations and governments around the globe have been in a state of flux. Organisations and leadership have been marred with the precarious state of the global economy. Plans and strategies have gone awry. Existing structures have become redundant and challenges have changed.

IOD recognises, the only tool that will enable the development and sustenance of future-proof organisations and future-ready boards today is the tool - ‘Strategic Foresight’.

The OECD (Organisation for Economic Co-operation and Development) Paper - “Strategic Foresight for Better Policies: Building Effective Governance in the Face of Uncertain Futures” (October 2019) defines strategic foresight as, “A systematic approach to looking beyond current expectations and taking into account a variety of plausible future developments in order to identify implications for policies today.” The Paper also elaborates, “It does this by revealing implicit assumptions, challenging dominant perspectives, and engaging with surprising and significant disruptions that might otherwise be dismissed or ignored.”

Basis the above it is clear, going forward, Boards’ strategies & policies based on insights derived from foresight will be enable the boards to establish a competitive advantage for their sustained growth.

IOD Aims to:

Sensitise the Boardroom community on Strategic Foresight for Boards Train Boardroom leaders to develop foresight capabilities
Contribute to developing some of the first Strategic Foresight professionals in the country Develop a framework for Strategic Foresight for Boards, and equip organsiations to develop a customised framework, suitable to their organisation and industry
Boards’ Climate Change Initiative | Climate Governance Advisory Forum

The India Chapter of the Climate Governance Initiative, in collaboration with the World Economic Forum has been instituted at IOD.

The ‘Climate Governance Initiative’ of the ‘World Economic Forum’ has supported the development of national fora of company/non-executive directors across the globe through its ‘Chapters’, with 15 established ‘Chapters’ currently, and many more at varying stages of development which through webinars, workshops, round-tables and toolkits enable good climate governance.

IOD recognizes the critical impediments of the on-going climate crisis to global financial stability, and hence is accelerating efforts in this direction. We are committed to engaging with the Boardroom & Director community to elevate the governance of climate change risks and opportunities, based on the CGI Principles.
Arbitration, Mediation and Conciliation Division

Preference to ‘Arbitration’ is usually given over ‘Litigation’ because the process of Arbitration is:

  • Cost-effective
  • Speedy Settlement of Dispute
  • Simpler procedures (Informal process)
  • Flexibility in time-schedule and place
  • Subject Experts related to dispute can be appointed as Arbitrator
Arbitration is the need of the hour, bearing in mind the delays in litigation, the acquittal rate, the expenses and the number of legal formalities involved.
Current situation of Litigation in India Current situation of Arbitration in India
  • Civil matters are expected to have disposal within 3 years.
  • Criminal cases are expected to be decided within 6 months.
 Section 29A of the Arbitration and Conciliation Act, 1996 provides that an arbitration award shall be passed within 12 months from the date when the arbitral tribunal enters upon the reference.

This duration can be extended by 6 months with the consent of both the parties.
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