Boards need to improve the performance culture of their organisations

This is the third in a series of boardroom perspectives based on the views of 625 directors who sit on 79 different Australian and New Zealand boards. It deals with boardroom perspectives on the performance management systems and culture of their organisations.

The Global Financial Crisis provides organisations with a good opportunity to recalibrate their thinking around what is important in terms of performance management systems and culture.

Boards must provide leadership and direction in relation to these very important issues and firm oversight of setting review processes.