Seeing is believing: 2017 board diversity survey
The evidence is in. Business leaders clearly believe in the benefits of diversity on their boards of directors. Yet it’s equally clear that current methods of sourcing and selecting candidates tend to reinforce a lack of diversity.
Dismissing this as boards paying only lip service to diversity would mischaracterize the situation. It would also overlook the progress boards have achieved in becoming more diverse. Yet factors limiting progress at this point include unclear and evolving definitions of diversity as well as difficulty changing recruitment and selection processes. Those processes remain quite traditional in that they rely primarily on resumes and recommendations and on criteria favoring candidates much like directors currently serving on boards.
The 2017 board diversity survey provides a window on board attitudes and practices related to diversity. It confirms that boards consider diversity in their recruitment practices and recognize its potential benefits. Yet it also reveals some internal conflict within boards, not in arguments about the merits of diversity (which is not a topic of this survey) but in conflicting motivations and drivers.
Click here to read the full report from Deloitte