New board members should strive to forge strong interpersonal relationships from the outset, and understand the values and motivations of the people around the table so that they quickly become...
Category: latest news
First-time CEOs produced higher market-adjusted total shareholder returns over their tenure, led three years longer on average and with less volatility in performance than CEOs with prior CEO experience. Freed from the conventional wisdom that experience is always better, boards and other hiring leaders can...
There is a correlation between gender-diverse boards, risk taking and business failure. In other words, putting women in the boardroom can help companies do better. The presence of women helps to temper the overconfidence of male chief executives, which improves overall decision making; one study found the insolvency rate of companies with all-male boards is 49% higher than...
Some experts believe that the virtual setup can make boards more productive, long an issue for many boards. In a traditional meeting, all the committee work must be jammed into a single day when all the directors are physically present. Now, governance, compensation...
If you want to take a good guess at a company’s gender diversity record, you might want to first look at who its CEO or board chair is, according to the findings of a new study. Having a female CEO at the helm of a company or chairing its board tends to make a huge ...
Some challenge equity efforts by implying that “merit” and “quality” are ignored if we pursue these regulations or guidelines. This is frustrating because it is simply not the case. Women are half the human population. It is disingenuous to continue to pretend that no one can simultaneously be female and “have merit.”...
Supporting women’s career growth from the onset of their professional journey and throughout it is of the utmost importance. By working to eliminate obstacles and providing them with the flexibility, benefits and mentorship they need to succeed, we can help elevate more...
Spencer Stuart’s inaugural pulse survey of directors on the use of board skills matrices found widespread adoption (78%) at public company boards but limited use (33%) by private company boards. ...
“Due to persistent low boardroom turnover, the addition of new directors from these historically underrepresented groups has had little impact on the overall diversity of S&P 500 boards. Year-over-year percentages grew only modestly from 2021, when 30% of directors were women...
The Deloitte Global Boardroom Program’s new report reveals underinvestment in technology and uncovers gaps in board engagement on digital transformation. Over the past few years, technology investment and deployment has expanded dramatically...