Companies are more focused on board of directors diversity than ever. The Harvard Business Review says:
“in 2019, a record 59 percent of the directors added to the boards of S&P 500 companies were women or were men belonging to a racial or ethnic minority group.”
Here are 5 tips to reach diverse board of directors requirements:
1. Know Your Board Diversity Requirement (It Might Be Law/Mandate)
Board of directors diversity is a hot topic and in some states a legal requirement. Knowing and following the mandates for your company is key.
In November, Compliance Week reported that:
“At least a dozen states,