The Modern Board: Corporate boards need a new mindset
“Leaders must now mitigate and manage a broader set of risks while no longer being judged merely by their bottom-line performance or on the quality and price of their products. They must also meet a higher standard of conduct, in their environmental and social impact; their corporate governance; and in their diversity, equity, and inclusion efforts.”
A Hidden Hurdle in Efforts to Diversify Boardrooms
The discussion of lower-level executives and employees gaining outside directorships mimics those that arise when rethinking ERGs, recruitment, internal pipelines, and accountability metrics. Namely, what do you do when strategy implementation creates resentment between different stakeholders?
