Why track your company’s boardroom performance?

turn gut-feeling into unbiased evidence

 

Today, data is used in many ways to track performance.  You use running apps to see if you’ve shaved a few seconds off your personal best, league tables to see how close your team is to winning the season, and a smartwatch to confirm you’ve had a lousy night’s sleep.  These tools provide clear, unbiased feedback that helps us improve and achieve our goals.  Yet, when it comes to the boardroom, many organisations still rely on fragmented reports or opinion-based articles to gauge performance.

Just as we rely on apps and devices to measure our daily progress, businesses need reliable tools to objectively assess company performance.

Introducing The Boardroom Table, unlike traditional financial reports or media articles, The Boardroom Table aggregates and analyses director performance data from over 200 sources.  The result: a single, intuitive measurement that gives stakeholders an unprecedented, objective view of boardroom effectiveness.

 

Supporting gut-feelings with data-driven evidence

The Boardroom Table goes beyond classic financial indicators like revenue, market cap, EBITDA, shareholder returns, and cash flow.  It incorporates sentiment analysis, including media perception, market and analysts' sentiment, and customer and employee sentiment, for a holistic, quantifiable measure of board impact.  By tracking over 200 data points, our website turns an often-ambiguous process of judging board performance into precise, actionable intelligence.

 

What sets The Boardroom Table apart?

• Comprehensive data aggregation: Drawing from more than 200 unique data points, it delivers a panoramic view of boardroom actions, decisions, and outcomes (not just financial metrics)
• Director benchmarking: By replacing speculation and gut-feel with evidence-based analysis, it enables meaningful comparison across directors and organisations
• Clear, actionable insights: Complex metrics are distilled into accessible benchmarks, so businesses can quickly recognise strengths, pinpoint opportunities, and celebrate successful governance
• Tenure-based evaluation: Directors are assessed on their full impact, with adequate "warming up" and "cooling off" periods either end of their tenure
• Transparency and accountability: The Boardroom Table empowers leaders to demonstrate the impact of their stewardship, inspiring confidence among stakeholders

 

Celebrating directors who maKe the largest impact

When developing The Boardroom Table, one assumption kept coming up, “but won’t the largest companies always be at the top of the leader board?”.  The Boardroom Table wasn’t created to celebrate companies already celebrating.  We’re using data to measure and prove impact.

We register the state of the company when a director takes a seat (their benchmark) and track the company’s performance across the director’s tenure.  This allows us to identify directors who drive relative improvement.  We see good governance in directors who come into a role, listen to what the data is showing them, spearhead bold strategies, and increase metrics across the board.

It also bridges what we’ve seen across businesses. Australian and New Zealand market leaders’ partner with Datamine when they’re experiencing a plateau, drop in profits or can sense that somethings not quite clicking.  The world is rapidly changing, markets fluctuate and decisions halfway across the world end up having an impact close to home yet we’re still seeing hesitation from business leaders, despite what the data is showing them.  When gut-feeling is triggering urgency, data can support assumptions and provide a path forward.

 

Three data roadblocks halting innovation

Across our 30 years in helping Australasian businesses harness the transformative power of data, analytics and AI, we see the same three roadblocks, time and time again.

1. Data, analytics and AI solutions aren't led by leaders

Bold action requires more than just access to data; it demands visionary leadership.

Too often, data, analytics, and AI are relegated to the IT department, hindering company-wide adoption and strategic oversight.  True progress happens when directors and C-suites champion data-driven strategies.  Data, analytics and AI can show you who your high-value customers are and where they live, shop, relax but without insight and strategic direction, this information remains information and not innovation.  Company leaders have the oversight, experience and adaptive thinking to turn information into progress.

Download our free guide to data strategies to understand your leadership role in data, analytics and AI solutions.

2. A lack of internal capability and capacity

Although strategy is run by business leaders, you need to ensure you have appropriate internal capability and capacity.

Building a solid data foundation can seem daunting, but partnering with experienced analytics experts like Datamine can bridge the gap.  For over 30 years, we’ve helped leadership teams translate complex data into real-world outcomes, supporting internal teams through every hurdle – from launch to troubleshooting, we make sure your team is upskilled and supported.

3. Tools first, questions later

Companies charge full steam ahead with flash AI tools that promise to "optimise" and "increase efficiency". 

While these sound like positives, the reality is that these tools require clear problem definition, strategic roadmaps, clear value analysis, and recognition of the impact on business from the leadership team.  Otherwise, you're spending a lot of time and money on a tool that doesn't quite fit into your legacy systems, you need to hire or train more people to make it work or end up focussing on an "efficiency" problem when in reality the data was showing a problem in customer retention. 

Seeing a plateau in boardroom performance but unsure about the root issue?  We're here to help diagnose your business problems or find new opportunities.

 

The potential of measuring director performance

Our goal isn’t to create a blame game or pit directors against one another.  Instead, we’ve created a director league table.  Equipping organisations to visualise and quantify effective governance, turning intuition into actionable insights for better strategic decisions and growth.  With The Boardroom Table, stakeholders can finally move beyond anecdotal evidence, confidently navigating challenges, reinforcing accountability, and cultivating excellence at the very top of the company.

 

Access The Boardroom Table

At Datamine, we’ve understood the power of data, analytics and AI to make evidence-based decisions for 30 years.  Data can unlock potential at all levels of your business, support growth and increase ROI.

By signing up to The Boardroom Table, you'll gain access to the free service and receive monthly newsletters informing you when a new report is published, alongside data-driven solutions to drive growth within your company.

 

Find more details, including which companies and directors qualify, here.