CEO Performance Reviews
Our CEO performance review process is a comprehensive independent review of CEO performance against agreed Key Performance Indicators (KPIs), and the CEO contract.
- Makes recommendations against both agreed performance and also key stakeholder perceptions
- Provides a framework for developing KPIs
- Independently reviews the performance of the CEO against those agreed KPIs.
This CEO review process will leave you with rich insights so you can ensure best practice techniques on an ongoing basis. In addition, this process provides practical recommendations for action and support to the Board and senior staff in achieving the necessary changes.
Why Conscious Governance?
We have conducted extensive Board, CEO, governance and strategic reviews of nonprofit and corporate Boards and executives over the past 30 years. We have worked with large numbers of membership, faith-based, employment, housing, education and disability organisations in developing their Board, senior executive and operational evaluation processes, as well as their strategic plans. We have developed governance, strategic and risk programs that meet and exceed the requirements of the Service Excellence Program from the department for Families and Communities and the Department of Health. We have conducted high level governance and staff reviews for a large number of Olympic sports on behalf of the Australian Sports Commission.
Performance Management and Performance Payment Systems for CEO and Staff
Conscious Governance has developed and implemented a number of performance management, incentive based and performance based remuneration systems. Their experience has shown that traditional corporate incentive-based systems (including bonus systems and long term incentives based over a number of years) do not create the desired results of retaining or incentivizing staff in the nonprofit sector.
Through experience, we have found that in the nonprofit and corporate sector, developing strategic performance-pay based systems that are directly related to strategy, vision, culture and compliance issues are the most effective in focusing staff and creating a culture of innovation and strategic focus.
These performance-pay based systems are simple to introduce, simple to administer, and provide clarity to managers and staff regarding the impact they can have on the organisation achieving its goals, through their position and the work they do. The performance-pay based system is highly motivating, and
provides a mechanism for the organisation to reward those staff who achieve their KPIs.The funding of the performance payments is made through either increased revenue, decreased costs, or increased efficiency and effectiveness. There is always a net gain to the organisation.