Keeping it going

Keeping it going

Bringing in different sorts of talent into a board means adjustment on all sides, but change is a process, and the appointment of new members needs to be part of a long term strategy, so that balance is more than a motto, but a way of life. Gender diversity on a board is one element in a larger governance strategy that needs to be monitored as part of the company’s results.

 

Evaluation and Monitoring

A company may carry out an extensive gender analyses and make investments in action plans, but without an adequate follow-up, many plans remain only plans.

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Succession

“Companies have traditionally distinguished between board succession and management succession (excluding the CEO and CFO) when defining the role of the nomination committee.

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Public Relations and Communication

Reporting on board composition is not only for the Annual Report, but can become an additional tool for public relations.

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