Delivering meaningful yet constructive CEO feedback is one of the most time consuming challenges for the chair. Collecting and synthesising feedback is a difficult task that can take multiple months to deliver using a face-to-face process.
Activities in running a traditional face-to-face CEO feedback process include:
- Process planning
- Stakeholder involvement and logistics (across board and management)
- Designing and conducting well structured interviews
- Iteration between the CEO and other stakeholders
- Follow up and clarification
- Synthesising notes and formalising into a report for board discussion
- Designing and delivering a formal feedback session with the CEO.
When things get busy, the sheer amount of time required can mean a more perfunctory feedback or a process that doesn’t involve the full set of stakeholders.
These tasks also often take months to deliver, meaning that feedback is dated or less relevant by the time it is delivered to the CEO. The BoardOutlook CEO 360 accelerates the insight, delivering full reporting within weeks. Using the CEO 360 framework ensures better feedback, delivered faster – for the benefit of the CEO, the board and the organisation as a whole.