It may not be a topic directors are eager to address, but boards should expect shareholders to raise the issue more frequently as calls for greater director accountability and more frequent board refreshment continue to grow.
CEOs and boards continue to talk about how to make real and lasting changes to culture to address racism and implicit bias in their own
When the company had an opportunity to build its board from scratch after the breakup of Hewlett Packard, it made diversity a top priority.
Companies may soon find themselves being asked to explain why they have a lack of ethnic diversity in their boardroom. Consider these proactive steps.
“Focus on the things you can control,” says Ellen Kullman, who, as lead director of United Technologies, helped guide the company during a tumultuous transformation.
Assembling a diverse group of directors is a good start, but it takes strong board leadership to create a culture that embraces it.
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