Boards of directors should use the best practices for gender diversity for their board in order to grow performance through new perspectives.
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It is important to improve diversity in the boardroom to achieve parity between not only needed skills, but also between gender & ethnicity.
Having a well thought out board diversity policy can ensure that your board consists of a well rounded skill-set to drive success.
Boards should help new directors with the onboarding process. With feedback from new board members you can improve the board education & onboarding process.
A board of directors should always deepen the knowledge of their organizations and make improvements in those areas to improve financial performance.