Exploring Opportunities for Women on Boards Through Diversity

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The extreme lack of diversity we have in the work field goes without saying. Men vastly outnumber women in the workforce. And to make things worse, the pandemic has affected working women more than men. It has been a long ongoing practice and is due to change for a while now. We need, in fact, the world needs more women in high profile roles, such as women on the board of directors. The only way to bring such changes is to create diversity through promotion and practice.

How to Bring Diversity

You may hear constant chirping about why diversity is much needed today, and many even advocate it, but only a few follow on their words. However, here are a few crucial tips that you can practice to bring more diversity and get more opportunities for women on boards through diversity.
 

Perform a Diversity Audit

A significant first step to understanding the lack of diversity is to conduct a range of audits to discover the composition of your organization. Compare the demographics of your body of workers with the demographics of your board. Is there enough diversity? Can you find out the reasons behind it? If you can do this, you must understand that it is time to revisit your recruitment practices. Thus, ultimately, the audit will provide a viewpoint of your progress and ways to improve it.

Put More Into Recruitment Efforts

While adding new board members, organizations often look into the place of experience and knowledge. While it’s the most preferred and treasured approach, broadening the hunt past the norm could bring surprising results. A company can lead a task force to extend recruitment efforts and look deeper at the MBA programs, government management programs, nearby faculties and universities, and expert associations. Even it can bring you a great woman as a board member.

Practice Commitment to Board Diversity

It is essential to ensure commitment at the highest level. Diversity begins with the board and senior management prioritizing specific efforts and sourcing the necessary resources. If not already in place, develop a board diversity policy. Diversity policies can range from something simple to a longer and more detailed document. As your organization evolves, you can adjust your approach as needed. Most importantly, you can use it to guide your diversification efforts and provide transparency in the future.

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Tags :
board diversity,boardroom,boards,women on boards
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