This impacts all listed entities governed by the SEBI Act, 1992; and Companies incorporated under the Companies Act, 2013 and having a paid- up share capital of >=25 cores at the end of the preceding financial year.
Our clients' company secretaries and NRC committee members appreciate Talentonic's customization capabilities (questions, skill matrix, director evaluation rules) and directors appreciate our intuitive user experience.
Year-on-year insightful and focused board, committee and director evaluation reports, highlighting opportunities for growth, through thematic analytics.
The Board performs three major roles – it provides direction (i.e. sets the strategic direction of the company), it controls (i.e. monitors the management) and provides support and advice (advisory role). Talentonic’s customizable board evaluation questionnaire evaluates the effectiveness of the board through a quick anonymous survey, thus providing focused insights for year-on-year action.
The board members play a key role in 1 or more committees as well, it is important to measure whether the committee is delivering on its agenda. Talentonic’s evaluation process captures and interprets not just rating scale questions, but verbatim responses to share strengths and development areas for each committee with the chairperson of the nomination and remuneration committee.
This measures the contribution of the director to the Board’s strategic thinking, his/her leadership and commitment, participation in Board and Committee meetings, communication and interpersonal skills, response to ethical issues and relationships with the senior management Talentonic’s customized offering allows companies to use self evaluation or peer evaluation, based on their boards mandate. Further Talentonic empowers the directors to conduct a skill evaluation to get a holistic view of the board’s expertise and experience
"The Board Evaluation tool was easy to set up, we were able to get reports in quick turn around time and drive some important changes in the way we were operating."Company Secretary, Multinational Conglomerate Company
"The databank of questions was rich and made us think about areas we had not even realised were relevant."Board Member, Leading Automotive Player
"I have recommended this product to other companies where I sit on Boards. If used effectively and without being defensive, it genuinely improves Board Effectiveness."Board Chairman, Leading IT Consulting Firm