It is unacceptable that there is no gender or racial diversity on corporate boards. A diverse board will help companies more accurately reflect the demographics of their communities, make better choices with a wide range of perspectives and experiences and enhance their image. It is essential that companies as well as federal policymakers hone their efforts on establishing equitable systems, and in identifying and attracting talent, and reforming the selection process to increase diversity within American corporations.
Many discussions about diversity on boards focus on the need to deal with a diverse demographic representation of the company, but the primary goal is to find candidates with a variety of skills, competencies and knowledge. Diverse board members can bring new approaches to the table, disrupt the status quo and make more innovative decisions that generate long-term value.
You can make a decision to target recruitment by combining factors like the age, education level and professional experience. If your board is heavily comprised of people with degrees in engineering, as an example, you may want to https://board.international/how-to-transition-to-paperless-board-meetings/ add directors with prior experience in marketing to help facilitate a more thorough discussion.
Some companies go as far as making an official commitment to diversity. This is an excellent way to hold the senior management and board members accountable. You can also make use of your board portals to conduct an audit on diversity that will highlight areas in which you should increase the diversity of your workforce.
