“As consumers and workers have become more diverse, the boardroom’s basic demographics have stayed resistantly uniform,” the whitepaper reads. While most directors — 95 percent, according to PwC — view diversity as important, a board must actively take steps to ensure the diversity of its workforce and consumer base is reflected at the top.
Passageways suggested a three-fold response to ensure your board is future oriented:
1. Consider a large pool of candidates when making selections for future directors.
2. Identify skills gaps in your board.
3. Regularly evaluate each individual director’s performance.
Read more from the whitepaper here.
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