RSR Partners: Insider's Guide to Diversity Board Recruiting
In the past, public company boards aimed for their members to be diverse in experience, expertise, age, ethnicity, gender, and geography. Over the past several years, the concept of diversity has become more dynamic. Today, the purpose of a diverse board is to ensure that there are diverse perspectives providing input on the issues confronting the company. To achieve this, boards need to be inclusive (which should be a measure of diversity) so all voices are heard, are connected, and there is a sense of belonging.
Three most important guideposts when trying to recruit diverse directors to your board:
- Prioritize "Talent over Title"
- Do Your Homework
- Understand the “Why?"