Boardlytics is a user-friendly web-based software application developed to meet the Board evaluation needs of the corporates with personalized features, status progress indicators and export functionalities. Tailored questionnaires in Boardlytics are based on first-hand boardroom and industry insights keeping in mind the basic evaluation parameters prescribed by SEBI. The questionnaires are also in line with the criteria approved by the company’s Nomination & Remuneration Committee. Boardlytics has built-in checks for the detection of anomalies, mandatory fields, and comments sections but requires a minimum response time of the Board Members. Boardlytics also passes the test of confidentiality with rigorous network security that protects user information and has enhanced security features like unique credentials and clear demarcation between the administrator and respondents.

Evaluation through Boardlytics would be carried out through a Forced Choice scale (ipsative scale) that does not allow for an undecided, neutral, don’t know or No opinion response. Boardlytics uses a 4 point rating scale with 2 positives / 2 negatives without a neutral opinion. The Board members shall choose from the 4 desirable options as applicable and pick the one that is most preferred from the questionnaire to clearly indicate a definitive opinion.