During this tumultuous period in American history, employees, investors, customers, communities, and all stakeholders are calling for organizations to better reflect the communities in which they exist and the customers that they serve. Despite modest improvement in the last decade, most corporate boards do not reflect the diversity of America. Currently, many companies are rising to the renewed challenge; revisiting their values; and setting goals for diversity, equity and inclusion that reflect those values.
Besides being a societal imperative, diversity matters to a company’s financial performance. Research has shown that companies with diverse boards are 43% more likely to achieve higher profits.
