In the HBR article You say you want a more diverse board? Here’s how to make it happen. low turnover, inertia, (perceived) limited candidate pools & inadequate succession planning are cited as the reasons why boards in the US lack #diversity
I agree. And these reasons are also true in Canada.
The reasons are symptomatic of ‘group-think’ that occurs when boards lack diversity.
Ensuring that an organization is fulfilling its mission to serve its clients and the good of the society is at the heart of good governance.
Boards are more likely to be effective when their membership reflects the diversity of their clienteles and the communities they serve.
In our global village, clienteles are demographically diverse, and their needs are continuously evolving, particularly as we navigate through the series of ‘next normals’ that the pandemic presents.
Demographics, recency of education and current relevance of professional experience must be among the selection criteria when persons for boards and advisory committees are being recruited.
There are many qualified #women and people of colour who meet these criteria.
See the BIG picture. Focus on what’s important.