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Director's Development Audit
Background
Over
the last two years, a number of international corporate scandals
have focused attention on the capabilities of individual company
directors and the overall effectiveness of company boards.
In an Irish context, recent changes to Companies Act legislation
and the establishment of the Office of the Director of Corporate
Enforcement will lead to much greater scrutiny of individual
directors and company boards, as a whole.
As a result, companies are likely to look closely at the skills
and competencies required of current and perspective executive
and non-executive directors.
Director's Development Audit.
The Director's Development Audit (DDA) was developed in 1997
by SHL in collaboration with the UK Institute of Management.
It was designed to help Directors and Senior Managers review
and gain feedback on a range of competencies critical to success
at the most senior levels in organisations.
The behaviors of top executives in any organisation can have
a major impact on the effectiveness of the whole organisation.
By focusing on sets of related behaviors, or competencies,
a route is available to enable diagnosis of the strengths
and development needs of the senior management team / company
board.
This enables individuals to focus their own personal development
efforts to the areas of greatest need. By integrating such
information for an entire senior management team or company
board, it is possible to identify the collective strengths
as well as the collective gaps in expertise.
The DDA uses a set of 23 Director level competencies as the
basis for assessment, measurement and feedback.
These competencies are grouped under 4 main headings: Strategy,
Culture, People and Operations. Each of these four skills
groups complements and supports the others. The importance
of any particular group of competencies will be influenced
to a greater or lesser extent by the needs of the
organisation
at any given point in time.
That said, while each group of competencies are important
in there own right, it may be inadvisable to focus on just
one group at the expense of the others
Other Assessments
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