AICD Board Insights Frequently asked questions

Founded in 2019, BoardOutlook is an Australian-based software platform that empowers boards to take control of their performance. Utilised by listed boards, large private businesses, and non-profits, BoardOutlook enables directors to adopt a data-driven approach to decision-making and board effectiveness. The platform supports continuous improvement across board evaluation, board composition/skills matrix, CEO feedback, and various other governance needs. BoardOutlook can be used as a standalone solution or alongside consultant support. Operating globally, BoardOutlook serves clients in the UK, North America, South America, and the Middle East. In 2023, BoardOutlook launched its first international office in London, serving multiple FTSE100 clients.

AICD and BoardOutlook have collaborated on an innovative governance solution called AICD Board Insights. It is a subscription-based service providing an accessible and comprehensive online board review. Boards can improve their decision-making and effectiveness through data-driven insights, expert support, and the ability to track their progress over time.

AICD Board Insights is designed to be accessible to entities of all types and sizes, accommodating boards at different levels of maturity. 

The governance framework for AICD Board Insights was designed by BoardOutlook in collaboration with AICD, leveraging the AICD’s deep experience and insights in board governance. The questions used in our assessments are research-supported and have been tested for efficacy across hundreds of boards in Australia and worldwide. 

The annual board evaluation process is designed to be thorough yet efficient. Typically, the entire process, from data collection to receiving the final report, takes approximately four to six weeks. 

Yes, on request, AICD Board Insights can be tailored to address the specific needs and focus areas of your board. BoardOutlook governance experts will work with you to customise the evaluation framework, ensuring it aligns with your board's unique objectives and challenges.

During the evaluation process, you will have access to dedicated support from our team of governance experts. They are available to assist with any questions, provide guidance on the process, and help interpret the results. Additionally, workshops and debrief sessions can be scheduled(on request) to ensure a clear understanding of the insights gained.

Absolutely. All AICD Board Insights clients receive a debrief session to help interpret the results and discuss next steps. If additional support is needed, several leading board advisory consultants are available to assist you. This ensures that you have access to the best possible advice and support to enhance your board’s effectiveness.

The AICD Board Insights Quarterly Benchmarking Report provides data on all key areas of board performance, such as board culture, composition, strategy, and risk management. This report compares your results to those of your peers, offering valuable peer-level insights to uncover effective board practices.

BoardOutlook employs state-of-the-art security measures to ensure that all data collected is securely stored and handled. This includes encryption, secure access controls, and regular security audits. Your board's data privacy and security are our top priorities.

This is of of your complimentary pieces of content

This is exclusive content.

You have reached your limit for guest contents. The content you are trying to access is exclusive for AICD members. Please become a member for unlimited access.