Every year, boards dutifully assess their own performance. In listed and regulated institutions, this exercise is often shaped by law, governance codes, or regulatory expectations. But do these evaluations measure effectiveness, or just compliance? Board evaluation is not intended to be a compliance ritual. At its best, it is a moment of self-awareness, a chance for the apex leadership of a business to ask whether it is genuinely fit to govern into the future, or whether it is stuck in yesterday’s world. Boards are operating in an environment defined by persistent and increasing uncertainty. In such an environment, governance is…