How Diversity Can Boost Board Effectiveness
The CARE model can help boards not only recruit diverse members but benefit from their perspectives and input.
Over the past two decades, U.S. corporate boards have become increasingly more diverse as company shareholders and stakeholders have made it clear that they expect diversity in boardrooms. In addition to expertise, experiences, and other factors, that diversity also includes gender, racial, and ethnic diversity. Many companies are making tremendous progress, and a 2020 analysis identified 200 companies with greater than 40% diversity — nearly four times the number of companies a decade ago. However, a new report shows that ...
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