Fresh Perspectives: Increasing the Diversity of Experience, Expertise, and Ideas in the Boardroom
In brief: Boardroom diversity has been thrust into the limelight as conversations around systemic racism have spilled over into corporate America. Boards must use this time to consider whether the skill set and the profile of each director remain relevant to the future of the corporation. This brief, written by Spencer Stuart and originally appearing in the 2020 Governance Outlook: Projections of Emerging Board Matters, focuses on board composition and integrating diversity and new skill sets into the boardroom as boards consider refreshment.
This resource can help your board to
- evaluate the skill sets currently represented in your boardroom,
- reflect on the growing investor focus on boardroom diversity, and
- consider boardroom refreshment to challenge the current corporate strategy.
Most relevant audiences: Lead directors, nominating and governance committee chairs, and nominating and governance committee members