Representation of women on boards of directors, 2017 Accelerating our progress in this important area will help get more diverse thinking into board decision making and better performance.© 2020 Forbes Media LLC. FTSE 100 companies are on track to meet the target for female board representation, with 305, or 29 per cent, of board roles held by women, up from 12.5 per cent in 2011. CBC's Journalistic Standards and PracticesOnly 14 per cent of board seats are occupied by women, a three-percentage-point progress from 11 per cent in 2015. There’s a desire for board directors who meet the diverse characteristics and who also have the potential to improve the board’s performance.The concept of governance is difficult to define in a sentence or two because it’s…Get Board Governance best practices directly to your inbox!Boards of higher education institutions may be called by different terms and have slightly different…For a long time, boardrooms were commonly jovial, affable places where board directors were like-minded and knew each other well. Once you have identified what type of board you are aiming for, get your resume board-ready by highlighting relevant experiences and making it short and quantitatively descriptive where you can. I have three young daughters and a husband who works in finance.

On a global basis, women hold I am a senior partner at McKinsey & Co. and a leader in our global Operations practice dedicated to client success.

Participants in the survey described diversity and inclusion as being important to the business agenda and as just being the right thing to do.

All Rights ReservedIn the age of strong social connectedness, casting a wide net to build a network that includes institutions, influential companies, investors, and individuals can have an accelerating effect on board diversity.

The same is true for the tools that boards need to do their jobs effectively.

"Generally, this is not particular to this bill, business leaders feel the less encumbered they are, the more capacity they will have to succeed in their business goals ... but, as I've pointed out, [the amendment] just takes the bill from a tap to a nudge.

In a study with a broad span of board directors from Fortune 250 companies, they learned several insightful things about the importance of board diversity that go beyond the bulleted list above. Goldman Sachs

It is also a way to build a network of peers and have a positive impact on your community. In 2019, women made up nearly half of the S&P 500’s newly-appointed directors, and 10% were women of color.

Ideally keeping your resume to one page is key—you can always share more detail if needed. For more McKinsey insights, please visit www.mckinsey.com. Corporate Beyond the positive impact to company performance, diversity at executive and board levels has a reverberating impact on a company’s ability to attract and retain talent.

If you think about it, there is much benefit in getting a second opinion in the event of a serious medical issue. CEOs like a compliant board that’s easy to manage and that doesn’t push back too much. Boards need members with a range of experiences to help them anticipate change, assess risks and discover opportunities. The Institute of Corporate Directors has teamed up with law firm Osler, Hoskin & Harcourt LLC to develop a general model of a board-diversity policy, aiming it at smaller companies that have not complied with new diversity-reporting guidelines.