It is inexcusable that there is no racial www.board.international/how-to-increase-corporate-board-diversity/ or gender diversity in corporate boards. A diverse board can assist companies to more accurately reflect the demographics of their communities, make better decisions based on a broad range of perspectives and experiences, and improve their reputation. It is imperative that corporations and federal policymakers redouble their efforts to create equitable systems, identify and recruit talented individuals, and reform the selection process to increase diversity within American businesses.

Many discussions on diversity of the board revolve around the need to deal with a diverse demographic representation of the company, however the real objective is to find candidates with a broad range of skills, abilities and knowledge. Board members with diverse backgrounds can bring new approaches to the table, challenge the status quo, and make more innovative decisions that drive long-term value.

You can make a decision to target recruitment using a combination of factors such as the age, education level and professional experience. For instance, if you find that your board is made up of those with a degree in engineering, you may think about adding someone with backgrounds in marketing to enable an broader discussion.

Some companies even make an announcement about their commitment to diversity. This is a great method of holding the top managers and the board accountable. You can also use your board portal to run a diversity audit, which will highlight areas in which you should increase the diversity of your workforce.