Board Composition
To meet your organisation’s constantly evolving advisory, governance, management, risk, and fiduciary obligations, your board (whether advisory or management) should have a mix of skills, experience, and perspectives.
To meet your organisation’s constantly evolving advisory, governance, management, risk, and fiduciary obligations, your board (whether advisory or management) should have a mix of skills, experience, and perspectives.
Your Board lacks gender diversity.
Equal and diverse gender representation on the board.
Example measurement indicators and collection methods can be found here.
Diverse representation ensures a range of experiences, attitudes, perspectives, skills, and frames of reference are brought to the table. This can make for more thought-provoking discussions, and enable your board to provide you with better support in terms of decisions, innovation, etc.
How do we attract and create a gender diverse board consisting of people who have the right profile of skills, experience, and backgrounds?
Develop a Gender Diversity Policy and include it in relevant Board documents.
Include the value of diversity and inclusion in the position descriptions and selection criteria for Board Candidates.
Create a Board Matrix to identify where key skills, experience and background gaps are. Include contribution to diversity as a key requirement within the Board Matrix.
Use quotas to mandate board composition.