In this session, presenter Helen Hayward, a Director at Western Management Consultants, outlines what you need to do in order to have a strong, functioning and diverse Board of Directors.
To diversify a board, you should look beyond traditional skills and knowledge for a competency-based board. You should deliberate not only what your board's current gaps are, but what the future needs will be.
A well articulated strategic plan with broad stakeholder engagement sets the direction for the organization and the priorities you want to focus on over the next number of years. This will inform you of the necessary mix of sector/industry knowledge/skills to move the organization forward. The governance structure and membership is a dynamic process that requires foresight and insight before you can exercise oversight.
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