Diversity Drives Board Performance
Entrepreneur Magazine South Africa|June 2018

The composition of your board of directors can help you drive your company value and increase shareholder and other stakeholder returns.

Carl Bates
Diversity Drives Board Performance

It’s 2018 and fairly common knowledge that research reflects the value of diversity around a boardroom table. Whether that diversity is gender, race, ethnicity, age, orientation or otherwise, the bottom line is that diversity drives board performance.

Diversity does not mean less qualified directors on your board. It means ensuring you have a variety of personal backgrounds, skills, experience and ultimately insight around the table. Inherent in the research is the assumption that the creation of such diversity is approached professionally and that appropriately qualified individuals are appointed to your board.

This article does not consider this question from a South African B-BBEE perspective. Rather it intends to share best practice, backed by research, to support the development of truly high-performance boards. Our aim is to assist you to put practices in place that will drive your company value and increase shareholder and other stakeholder returns, ultimately supporting the contribution you make to the development of this economy.

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