Board development and improvement Figure 33


“New board members receiving adequate induction training” Importance


Performance Not important 2%


Somewhat important 11% Important 83%


Not applicable / no response 4% averages based on a 5-point scale


2013 European average Chairman CEO / MD


Executive Director


Non-Executive Director Independent Director


Importance average


4.22 4.41 4.17 3.87 4.34 4.12


Not satisfactory 8% Neither 18%


Satisfactory 68%


Not applicable / no response 6% Performance average


3.97 4.35 3.27 3.57 4.13 3.88


Diversity of thought – Board balance: diversity Figure 34


“A diverse gender and nationality mix on the board” Importance


Not important 11%


Somewhat important 25% Important 63%


Not applicable / no response 1% averages based on a 5-point scale


2013 European average Chairman CEO / MD


Executive Director


Non-Executive Director Independent Director


Importance average


3.79 3.71 4.08 3.48 4.04 3.67


38 Towards Dynamic Governance 2014 – European Corporate Governance Report Performance


Not satisfactory 11% Neither 16%


Satisfactory 71%


Not applicable / no response 2% Performance average


3.87 4.13 2.69 3.52 4.17 3.78


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