Proof Point
Board directors surveyed by Spencer Stuart ranked leveraging board members and CEOs to champion diversity as most important strategies to build more diverse boards
Importance of Strategies in Building Diverse Corporate Boards
2016 (average rating)
| Note: | Data based on Spencer Stuart’s 2016 Global Board of Directors Survey covering 4,000 board members in 60 countries |
Proof Point Findings
- Board and CEO-Level Support – Board leaders and Chief Executive Officer (CEO) taking greater role in championing board diversity top ranked strategies (5.2 and 4.0) to build more diverse corporate boards, according to Spencer Stuart’s survey on board directors
- Setting Diversity Policies – Established procedures and guidelines, such as setting pipeline for and requiring diverse board candidates (4.0 and 3.2), and implementing diverse membership targets (2.9) also seen as important strategies
- Less Important Shareholder Opinion – Shareholders actively demanding greater board diversity deemed less important by board directors
- Key Growth Drivers – Include public pressure to diversify workplace, increasing competencies of women and minorities, and potential implementation of policies, such as female board quotas and director term limits
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Business Model and Practices Business Model |
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Cross-sector
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Date Last Updated |
July 16, 2017
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