Good Revenue 39 | π Breaking Barriers: Unlocking the Power of Diverse Corporate Boards for Better Outcomes β¨π with Heather Spilsbury (50/50 Women on Boards)
Heather Spilsbury, the CEO of 50/50 Women on Boards, discusses the importance of gender diversity in corporate boardrooms and the business case for diversity on boards, backed by research that links diverse perspectives with increased profitability and reduced risk.
In this episode of Good Revenue, host Neeta Bidwai and Heather cover:
- The business case for diversity, current data & insights, challenges such as the recycling rate of board members, and the importance of term limits and strategic networking.
- Misconceptions about diversity being merely a DEI or ESG initiative instead of a business imperative that creates more shareholder value, increased profitability, and lower risk to organizations.
- Strategies for increasing women's representation and the significance of building robust networks for aspiring board members.
Tune in to hear about Heather's vision for 50/50 Women on Boards and how stakeholders can contribute to this vital cause.
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Where to find Heather:
https://www.linkedin.com/in/heatherspilsbury/
Where to find Neeta:
https://www.linkedin.com/in/neetabidwai/
Where to find Good Revenue:
https://goodrevenue.io/goodrevenue
https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ
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Highlights:
00:00 Introduction and Guest Welcome
00:31 Heather's Journey to 50/50 Women on Boards
01:50 The Importance of Diversity on Corporate Boards
03:45 Challenges and Progress in Board Diversity
07:56 Strategies for Increasing Board Diversity
09:07 50 Women to Watch Campaign
10:06 Barriers and Solutions for Gender Parity
16:11 Engaging Stakeholders in Diversity Efforts
23:42 Getting Involved with 50/50 Women on Boards
24:50 Conclusion and Final Thoughts
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Referenced:
β’ 50/50 Women on Boards: https://5050wob.com/
β’ 50/50 WOB Annual Report: https://5050wob.com/wp-content/uploads/2023/09/2023-GDI-Annual-Report.pdf
β’ Improving Corporate Board Performance: https://youtu.be/iAYh3WbEfsI
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