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. ...
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“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...
An organization in 5- or 10-years’ time won’t look the same as today, and neither, probably, should its top executive. The board must understand where the organization is going to determine the type of CEO and level of expertise it will need down the road. Is the business in a growth phase? Planning for an acquisition or a divestiture? Is the market eroding? Are all stakeholders being...
“Even when a woman earns a seat at the table,” Dolan wrote in Fortune, “the men can put you in a soundproof booth.” It may also be that members of underrepresented groups felt insecure and censored themselves. “It’s difficult to imagine corporate directors...
Diversity in the boardroom is not a compliance exercise. It is about the value of differing opinions when solving problems and making decisions. It is about the results that have been shown in those companies that have diverse boards...
Because attempts to mandate board diversity or its disclosure have faced legal challenges, private ordering may ultimately prove to be more effective in achieving diversity...
EU-listed companies to have at least 40% of their non-executive director positions held by women by 2026. New board diversity requirements have been outlined by the European Council and European Parliament, with lawmakers reaching an agreement on the legislation....
You can’t solve a problem without first knowing what it is or at least what is contributing to it. With that in mind, you first need to recognize the issues that are making your board meetings unproductive. Only then can you take the proper steps to ensure board meetings are productive and successful....
If done in a constructive way, peer assessments can provide helpful feedback for each director. This input can help directors better understand where they might not be measuring up and how they can improve their individual performance. For boards that don’t currently do peer assessments but are considering doing so, a natural time to start is when you next add...