Women on Boards Reduce Risk, Increase Profits
New evidence suggests that organizations with a critical mass of women board members approach risk more holistically and in a way that squeezes a little more value out of decisions.
New evidence suggests that organizations with a critical mass of women board members approach risk more holistically and in a way that squeezes a little more value out of decisions.
Large companies have continued to improve the gender diversity of their board composition, and in 2017, nearly 20% of all board seats at Fortune 1000 companies were held by women.
The percentage of Hispanics on Fortune 500 boards is stagnant, with 2.6 percent of board members being Hispanic as of summer 2017, and 2.5 percent at the end of 2015. Three-quarters of Fortune 500 companies have no Hispanic board members.
In this episode of “Inside America’s Boardrooms”, Julie Hembrock Daum, Leader of Spencer Stuart’s North American Board Practice, reviews trends in board recruitment, age limits, and how they tie these trends together.
Create a global network and gather them together as part of a Board Corps that advises the board until the time is right for them to move onto the board.
Here are the top 10 reasons that play a role in why women are a minority on corporate boards — some genuine, others not so much.