The importance of good corporate governance practices are vital in an era of transparency, accountability, and company sustainability. Harvard Law School Forum on Corporate Governance mentioned that 64% of investors believe weak governance practices are the most crucial factor, alongside poor financial performance when making investment decisions. Thus, boards should at least compare and track…
Are you wondering why and how to increase board diversity? Or what exactly board diversity is? Is it just the latest social trend — or does it actually have a positive impact on corporate boards? Should you be working on increasing diversity in your board of directors, and if so, what is a good way…
The board of directors is the mind and heart of every organization. The board’s streamlined corporate governance and forward thinking dictate success, while poor decision-making often results in a fiasco. Each member of the board has the power to improve the way directors collaborate. To make these improvements effectively, it is vital for the director…
Communication is key. According to Haiilo, 3 in 4 employees see communication as the main leadership attribute. However, only 48% of employees consider leadership in their company as high-quality. Often, having a candid conversation with a CEO can significantly boost team performance, motivation, and dedication to a company. According to Zippia, 78% of senior leaders…
Diversity on a board of directors has so many benefits that it’s difficult to count. Still, when hearing statistics such as the fact that only 26% of seats are taken up by women on the S&P 500, it’s clear that diversity is still lacking on boards. Of course, ethically, it’s just not particularly sound only to be…