Board diversity becomes a DE&I priority
Growing evidence suggests diversifying from the top down is an effective way to create an inclusive culture.
If diversity and inclusion equals good business, as the data indicates, then it has to start not in the overall workforce, not at the executive level, but with boards of directors.
A 2018 McKinsey Company report, “Delivering through Diversity,” showed that diverse boards and executive teams deliver 33 percent more profitability.
“What’s measured gets managed,” says Susan C. Keating, CEO of WomenCorporateDirectors, a membership organization of female board directors whose members serve on more than 8,500 boards around the world. “Increasing diversity starts at the top, and it has to be part of the company’s strategy.”
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Tags: board diversity, DE&I, KPMG, Starbucks