It is inexcusable that there isn’t any gender or race diversity in corporate boards. A diverse board will help companies better reflect the demographics of their communities and make better decisions. It will also improve their reputation. It is critical that companies and federal policymakers focus efforts to build equitable systems to identify and attract talented individuals, and reform the selection process to improve diversity within American corporations.
Many discussions about diversity on boards revolve around the need take care of a disproportional representation of the population of the business, but the real objective should be to identify candidates with a broad range of abilities, skills and experience. Diverse board members can bring new click this ideas to the table, disrupt the status quo, and make more creative decisions that create long-term value.
You can choose to recruit using a combination of factors like the age, education level and professional experience. For instance, if you find that your board is comprised of individuals with degrees in engineering, you might want to consider adding an executive with an education in marketing, to allow for a more holistic discussion.
Some companies go so far as to make an open commitment to diversity. This is a great method to hold the management and board to account. You can also use your board portal to run an audit of diversity that will identify areas where you should increase the diversity of your workforce.
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