Inside the Strategy Room
3. Building gender diversity on boards
Aug 27, 2018
Celia Huber, Senior Partner from Silicon Valley office, discusses building gender diversity on boards. Topics covered include expanding networks, developing women leaders, taking the first steps, and the relationship between CEO and board chair in achieving gender diversity.
13:55
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Quick takeaways
- Building a diverse pipeline of candidates is crucial for achieving gender diversity on boards.
- Investing in developing senior women leaders helps create a pipeline of qualified women candidates for board positions.
Deep dives
The importance of building a pipeline for gender diversity on boards
Companies that have successfully increased gender diversity on their boards prioritize building a pipeline of diverse candidates. Instead of hurriedly searching for a diverse candidate whenever a board opening arises, these companies maintain constant lists and actively network to identify potential board members. Cultivating a female board member can take around two years, which highlights the long-term commitment needed for achieving diversity. By expanding networks beyond traditional channels and reevaluating criteria for board membership, companies can tap into a wider pool of diverse talent.
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