Archive | Board Selection

U.S. Stock Exchange Sets Diversity Rules

SEC Diversity Requirements For the past several years, increasing board diversity has been a pressing item for public companies—and not without good reason. In 2018, a Boston Consulting Group study found that companies, with diverse leadership, had higher revenues from new products and services (an indicator of successful innovation) as well as higher EBIT margins. […]

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The Grid Board Seat Selection Method

A typical approach to the selection process for board appointment is the grid matrix. The grid functions as an easy way to identify the different areas of expertise and experience that the directors on a board lack now or will lack in the future. The grid matrix is formatted with the board’s desired backgrounds listed […]

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