Part A Collective Skills: – The following Areas and related descriptions have been provided as an example to assist organisations developing a Skills Matrix for their Board. These may vary from one organisation to another and should be reviewed and adapted prior to any organisation utilising this template. E Current Key Director Strengths (Essential) <Insert director initials or identifying number in the columns Skill Area Description below. Include additional columns as required> D (Desirable) Strategy and Ability to think strategically; identify and critically <Boards should identify planning assess strategic opportunities and threats. if each skill Develop effective strategies in the context of the area is strategic objectives of <Insert Organisation Essential or Name> relevant policies and priorities. Desirable for their organisation> Policy Ability to identify key issues and opportunities for Development <Insert Organisation Name> and develop appropriate policies to define the parameters within which the organisation should operate. Governance, Experience in the application of corporate Risk and governance principles in a commercial enterprise, Compliance not-for-profit enterprise or other regulated entity. Ability to identify key risks to <Insert Organisation Name> in a wide range of areas including legal and regulatory compliance. Experience in the appointment and evaluation of a CEO and senior executive managers Financial Performance
Part A – Collective Skills: The following Areas and related descriptions have been provided as an example to assist organisations developing a Skills Matrix for their Board. These may vary from one organisation to another and should be reviewed and adapted prior to any organisation utilising this template. Skill Area Description E (Essential) D (Desirable) Current Key Director Strengths <Insert director initials or identifying number in the columns below. Include additional columns as required> Strategy and planning Ability to think strategically; identify and critically assess strategic opportunities and threats. Develop effective strategies in the context of the strategic objectives of <Insert Organisation Name> relevant policies and priorities. <Boards should identify if each skill area is Essential or Desirable for their organisation> Policy Development Ability to identify key issues and opportunities for <Insert Organisation Name> and develop appropriate policies to define the parameters within which the organisation should operate. Governance, Risk and Compliance Experience in the application of corporate governance principles in a commercial enterprise, not-for-profit enterprise or other regulated entity. Ability to identify key risks to <Insert Organisation Name> in a wide range of areas including legal and regulatory compliance. Experience in the appointment and evaluation of a CEO and senior executive managers Financial Performance
Nominations-Commitee---Board-Skills-Matrix-Template-FINAL.docx