Board skills audits

A board skills audit is an important tool to assist a board identify areas in which it might require additional skills, knowledge and expertise. 

In an immediate sense, this might mean that a board needs to find an alternative way to address that need, such as by engaging advisors with the requisite expertise, and/or developing existing directors. 

In a strategic sense, boards use a board skills audit as a tool in recruiting new directors to meet identified skills gaps and longer term board succession planning.

In particular, board skills audits assist boards to:

• identify the skills which ideally the board should collectively hold
• identify the skills which collectively the board currently holds
• identify board skill gaps.

Using a consultative assessment process, Directors Australia conducts confidential and objective board skills audits for a range of organisations.