CIC - PEER ASSESSMENT FOR DIRECTORS - Shercon Associates Inc.

CIC PEER ASSESSMENT FOR DIRECTORS
Deadline for completion: Tuesday, January 12, 2010

OBJECTIVE:

The primary objective of director peer assessment is self-development, seeking to identify areas where directors can improve performance and recognize and build on strengths. Constructive feedback is an important tool to assist directors to measure how well they are performing their duties and contributing to the work of the board as a whole. By using this feedback to focus on strengthening individual performance, directors can enhance the overall effectiveness of the board.

In addition, the summary report submitted to the Governance Committee and the CIC Board can provide valuable insight to skill gaps or training issues that ought to be addressed to ensure that the board continues to function at a high level.

EVALUATION CRITERIA:

This instrument measures performance in six (6) areas.

Governance measures the director's understanding of the distinction between governance and management, and the capacity to apply knowledge and experience to achievement of board and Corporate goals.

Knowledge/Informed Judgement measures the director's appreciation of the industry, financial literacy, ability to question management assumptions/recommendations and any unique skills, expertise, or background the director brings to board decision-making processes and performance.

Participation and Preparation measures the director's availability for and active involvement in board activities.

Communication measures the willingness of a director to freely express an opinion on matters before the board, the director's respect for the contribution of others and capacity to contribute meaningfully to board discussions.

Teamwork/Relationships measures the ability of the director to work well with other board members and the CEO and to appreciate the needs of the shareholder.

Integrity and Ethics measures the leadership demonstrated by the director in establishing high standards of ethical behaviour by the board and Corporate employees.

INSTRUCTIONS:

All answers will be held in confidence and anonymously by the designated third party, unless otherwise directed by the board.

Please put your name and the name of your Crown board in the area provided at the beginning of the questionnaire.

You are asked to rate your peers honestly and in the spirit of constructive criticism.

Please rank your answers from 1 to 4, where:

1 = Outstanding - commendable performance widely recognized by peers
2 = Meets expectations - good/average performance
3 = Below expectations - needs improvement *
4 = Unacceptable - significant performance issues that warrant immediate attention *

N/A = not able to rate *

Additional comments to clarify a rating, or provide constructive suggestions for personal improvement, should be included in the Comment section at the end each question.

* Mandatory comments are required for scores of "3", "4" or N/A.

Name:
Board:

RATING SCALE:

1 = Outstanding;
2 = Meets expectations;
3 = Below expectations;
4 = Unacceptable;
N/A = not able to rate

I. GOVERNANCE

1.	Demonstrates an understanding of the distinction between governance and management and acts appropriately in a governance role.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
2.	Shows sufficient appreciation of the Corporation's mandate and long-term objectives to evaluate and provide insight to strategic direction.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
3.	Contributes to the achievement of board and Corporate objectives by effectively applying knowledge, experience and expertise to issues confronting the Corporation.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions

RATING SCALE:

1 = Outstanding;
2 = Meets expectations;
3 = Below expectations;
4 = Unacceptable;
N/A = not able to rate

I. KNOWLEDGE/INFORMED JUDGEMENT

4.	Understands and is able to question the assumptions upon which the Corporation's business plans and strategy are based.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
5.	Has adequate knowledge of the industry to form an independent judgement respecting proposals put forward by management.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
6.	Demonstrates sufficient knowledge of financial matters to appropriately use the financial indicators of the Corporation's performance.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
7.	Uses skills, expertise, or background to make a constructive and unique contribution to the board's overall performance.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
8.	Demonstrates an ability to identify the costs, benefits and implications of board decisions.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
9.	Appropriately questions data and information presented to the board to assist in its deliberations.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions

RATING SCALE:

1 = Outstanding;
2 = Meets expectations;
3 = Below expectations;
4 = Unacceptable;
N/A = not able to rate

III. PARTICIPATION AND PREPARATION

10.	Attends board and committee meetings on a regular basis.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
11.	Arrives on time for board and committee meetings.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
12.	Evidences diligent preparation for board and committee meetings by knowing the material and actively participating.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
13.	Is present for the duration of the meeting.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions

RATING SCALE:

1 = Outstanding;
2 = Meets expectations;
3 = Below expectations;
4 = Unacceptable;
N/A = not able to rate

IV. COMMUNICATION

14.	Contributes meaningfully and knowledgeably to board discussions by providing valuable input and advice to management.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
15.	Expresses views frankly and openly in board meetings in a productive manner.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
16.	Listens to the opinions of other directors.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions

RATING SCALE:

1 = Outstanding;
2 = Meets expectations;
3 = Below expectations;
4 = Unacceptable;
N/A = not able to rate

V. TEAMWORK

17.	Interacts well with other directors.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
18.	Demonstrates an understanding and sensitivity to complex relationships that exist among government, stakeholders, the Board Chair and CEO.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
19.	Tries to reach consensus on issues in a constructive manner.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions
20.	Demonstrates an understanding of the importance of collective solidarity in board decisions, even though the director may not agree with the decision taken.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	NA	NA	NA	NA	NA	NA	NA
	Comments/Suggestions

VI. INTEGRITY AND ETHICS (Please answer either YES or NO)

21.	Demonstrates a high standard of personal values and ethics.
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	Yes No NA	Yes No NA	Yes No NA	Yes No NA	Yes No NA	Yes No NA	Yes No NA
22.	Expects ethical behaviour by members of the Corporation
	Wes Becker	Blair Ross	Ron Bruck	Bill Jameson	Ron Martin	Kevin Missens	Lindsey Kaye
	Yes No NA	Yes No NA	Yes No NA	Yes No NA	Yes No NA	Yes No NA	Yes No NA

Thank you for your cooperation.

TABULATION/FEEDBACK TO INDIVIDUAL DIRECTORS

When completed, the questionnaire will be sent to the third party engaged to implement the process. The third party will tabulate the results and provide a report to each director. A summary report of the aggregate results will be submitted to the Governance Committee and to the Board. However, no information specific to individual directors will be included in the summary report.

The third party's report to individual directors will contain at least the following information:

the director's self-assessment score for each question
the number of responses and the number of N/A's for each question
the average and median score their peers assigned to the director for each question
the average and median score of all directors for each question
unattributed comments for the director for each question and any summary comments