A nonprofit board composition matrix helps to categorize certain skills, competencies and demographics to better recruit for your board.
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It is clear that increasing board diversity has a strong connection to a company’s overall performance and ability to adapt.
Boards should follow board composition best practices to ensure an effective board that reflects the strategic priorities of the company.
A recent study has found that increasing the diversity of leadership teams leads to improved firm performance and director collaboration.
Boards should look for a cybersecurity expert who can explain complicated technical terms & processes to them in ways they can comprehend it.