board effectiveness & composition

Evaluate Your Board’s Effectiveness

A successful organisation is only as a good as the board behind it. How does your board measure up – and how does it compare to your peers? 

  • Instantly review and compare your board's composition and effectiveness against peers
  • Identify inefficiencies and preempt risks
  • Find and retain the best board talent

Benchmark your board with Compensation & Governance Intel from Diligent.

Access Board Effectiveness Insights

Competitive comparison tools allow you to instantly see and refine your board’s practices. Checking your health against regulatory norms and governance standards allows you to become the most effective board possible.

  • Take an in-depth looks at all aspects of your board – from composition to interlocks to skills shortages – and mitigate against future risks and exposures
  • Monitor your board effectiveness, helping other parties to see how the board operates and the progress it's making
  • Instantly review and compare your board’s composition and effectiveness against peers and corporate governance norms

Find the Right Talent

It’s critical to find and retain the right talent – before that talent finds somewhere else. A savvy addition to your board can make all the difference in terms of effectiveness and future success. Director Network makes that search easier.

  • Access hard-to-reach directors and find the simplest path to connect, with a broad global dataset of over 250,000 detailed executive biographies
  • Uncover and establish new relationships with C-level executives and business leaders
  • Drive greater diversity, optimise board composition and accelerate success with an extensive pipeline of diverse candidates
Plan for the Future

Identifying the next generation of talented board members is integral not only to board continuity but also to the continued success of your organisation.

Access an extensive database to identify candidates for proactive succession planning. Monitor talent pools in advance, so you can reduce reliance on expensive headhunters.

multi racial women in boardroom
Lack of Representation in Corporate Boardrooms

Over the course of the last two years, boardrooms have faced intense pressure to increase the diversity of their ranks, but much of the available data suggests that slow progress is being made in this regard. A recent survey of 3,000¹ of the largest publicly traded American companies found that in 2020, just 12.5% of board directors were from underrepresented ethnic and racial groups. Another survey highlighted that less than 1%² of the 5,000+ board seats in the Fortune 500 are occupied by out LGBTQ+ individuals.

For companies to drive board diversity, they need to take action. Boards need to lay the foundational building blocks for diversity by:

  • Setting clear, achievable goals
  • Re-examining recruiting processes
  • Fostering an inclusive board culture

As the drivers become increasingly complex and the goals more urgent, Diligent can help promote and expand diversity at your organisation.

¹https://www.nytimes.com/2020/09/15/business/economy/corporate-boards-black-hispanic-directors.html
²https://outleadership.com/wp-content/uploads/2021/02/2.2.21-Out-Leadership-Quorum-Board-Diversity-Report.pdf

 

Build Tomorrow’s Board Today
Benchmark your board and find the right candidates to create future success.
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