How to Create a Diverse Board of Directors and Empower It to Thrive

Board diversity—or rather the lack thereof—has never been under more scrutiny.

In recent years, money managers like BlackRock and State Street have called for more diversity across corporate boardrooms, with the latter going so far as to announce it would begin voting against companies without any women directors.

Legislation to encourage, or even mandate, diversity on boards is also gaining traction. In 2018, California passed a bill that requires every publicly held corporation in the state to have at least one woman serving on its board of directors, and New Jersey has similar bills under consideration. In June 2019, Illinois lawmakers passed legislation requiring publicly traded corporations in the state to report the racial and ethnic makeup of their boards. That information will be used to create a rating system assessing the representation of women and minorities on corporate boards.

Norman Broadbent plc (LON:NBB) is a leading Professional Services firm offering five interrelated Talent Acquisition & Advisory Services: Board & Leadership/Executive Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Recruitment Solutions.

Click to view all articles for the EPIC: ,
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Norman Broadbent Plc

More articles like this

Norman Broadbent Plc

2022: A year to re-think, recover and re-build

2022 has a lot to live up to. Despite the eleventh-hour curveball of the Omicron variant rearing its head in December 2021, business confidence is high, and many leaders are eagerly anticipating 2022, and capitalising on

Norman Broadbent Plc

Norman Broadbent appoint Devyani Vaishampayan to the team

Norman Broadbent plc (LON:NBB), a leading London quoted Professional Services firm offering a diversified portfolio of integrated Leadership Acquisition & Advisory Services (Board & Leadership Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and

Norman Broadbent Plc

Leveraging data analytics

The retail industry is experiencing previously unimaginable digital disruptions from online and instant shopping to immediate/rapid home deliveries. In addition – and thanks in part to the rise of social media and mobile – we can

Norman Broadbent Plc

Inspirational leadership: A force for good?

Over the last 35 years, many aspects of the working world have been transformed. As the world of work has evolved and become more sophisticated, so have the skills and attributes we look for in our

Norman Broadbent Plc

The Virtual Bench

The term ‘bench’ is synonymous with consulting organisations and change programmes, striking fear into some and perhaps a sigh of relief for others.  During the pandemic many organisations made deep cuts to headcount in order to

Norman Broadbent Plc

Assessing Team Capability

Throughout Norman Broadbent’s 42-year history, we have worked with clients through periods of change. The drivers of change, and the technologies involved change, but the recurring theme is always ‘how to maximise the opportunities and best

Norman Broadbent Plc

Personal Connections and Boards

10 years ago, over 95% of the NED, SID and Chair roles we handled were straight forward replacements for those completing their term (and even some who had passed their term!). These days, our Board practice

Norman Broadbent Plc

The Rise and Rise of the CDO

If there is still any doubt in your mind about the importance of data in our lives, just try booking a ticket to a festival this summer or getting on a plane to anywhere. A few

Norman Broadbent Plc

Diversity: Making a difference in oil & gas

In 2019, McKinsey identified that companies with a significant proportion of female leaders consistently outperform their peers.  So why is it that industries such as Oil & Gas still struggle to attract, retain, and promote diverse

Norman Broadbent Plc

Is your Board really effective?

There is a question that is always on the lips of Chairs:  Just how effective is our Board? Against a backdrop of unprecedented change, many organisations find themselves on the back foot and vulnerable. The impact

Norman Broadbent Plc

Norman Broadbent raises £75,347 by way of a subscription

Norman Broadbent plc (LON:NBB), a leading London quoted Professional Services firm offering a diversified portfolio of integrated Leadership Acquisition & Advisory Services, has announced that it has raised £75,347 before expenses by way of a subscription of

Norman Broadbent Plc

Case Study – Board – Audit Chair – Consumer

Norman Broadbent plc (LON:NBB) is a leading Professional Services firm offering five interrelated Talent Acquisition & Advisory Services: Board & Leadership/Executive Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Recruitment

Norman Broadbent Plc

Assessing team capability

Throughout Norman Broadbent’s 42-year history, we have worked with clients through periods of change. The drivers of change, and the technologies involved change, but the recurring theme is always ‘how to maximise the opportunities and best

Norman Broadbent Plc

Diversity: Making a Difference in Oil & Gas

In 2019, McKinsey identified that companies with a significant proportion of female leaders consistently outperform their peers.  So why is it that industries such as Oil & Gas still struggle to attract, retain, and promote diverse

Norman Broadbent Plc

Retail: Leveraging data analytics

The retail industry is experiencing previously unimaginable digital disruptions from online and instant shopping to immediate/rapid home deliveries. In addition – and thanks in part to the rise of social media and mobile – we can

Norman Broadbent Plc

The Rise and Rise of the CDO

If there is still any doubt in your mind about the importance of data in our lives, just try booking a ticket to a festival this summer or getting on a plane to anywhere. A few

Norman Broadbent Plc

Norman Broadbent appoints Sean Buchan as Group Managing Director

Norman Broadbent plc (LON:NBB) – a leading London quoted Professional Services firm offering a diversified portfolio of integrated Leadership Acquisition & Advisory Services – has announced the appointment of Sean Buchan as Group Managing Director, reporting

Norman Broadbent Plc

The Virtual Bench

The term ‘bench’ is synonymous with consulting organisations and change programmes, striking fear into some and perhaps a sigh of relief for others.  During the pandemic many organisations made deep cuts to headcount in order to