Boards are adding more women and minorities ahead of Nasdaq rule
Boards are adding more women and minorities ahead of Nasdaq rule
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The pressure is on for boards to diversify, and it s working.
Since last June, 145 S&P 500 companies have added at least one Black director, a brisk pace compared with past years, according to recruiter Russell Reynolds Associates. Latino board appointments at public companies quadrupled from a year ago, and women, for the first time, hold almost one-third of all seats on the S&P 500. Only one major U.S. initial public offering debuted with an all-male board last year.
May 13, 2021
CIO Summit Agenda Today: Headhunters; CIOs from EY, Raytheon, US Steel, Exelon; and the President of E Fund
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Report Reveals Customers Dominate but Employees Edge Out Investors and the Board as Key Stakeholders, According to Russell Reynolds Associates
2:30 PM
Report also finds that availability of key talent and skills (61%), uncertain economic growth (59%) and changes in consumer behaviour (51%) are key concerns among Australia business leaders
MELBOURNE, Australia, May 12, 2021 /PRNewswire/ Russell Reynolds Associates, a global leadership advisory and executive search firm, today released its 2021 Global Leadership Monitor, the first report of its kind to track top business issues and leadership preparedness to face them. The findings shed light on the significant challenges and impacts business leaders have faced since the start of pandemic, as well as their confidence and concerns in navigating the road ahead.
Employees to be more impactful than investors and the boards in future business strategy Details
Notably, in Mainland China and Hong Kong, customers (56%) and governments took the number one spot in the most influential stakeholder on organisational strategy, followed by employees (54%).
New data has found that in the next five years, customers (70%) and employees (41%) will be the most influential stakeholder groups on business strategy globally.
According to Russell Reynolds Associates latest report which surveyed more than 1,000 business leaders across 53 countries, investors (37%) and the board (33%) were ranked third and fourth. The report explained that the changing power dynamic has shown that “global leaders are increasingly aware of the influence that employees can exert over public discourse, with social media a ready platform for airing concerns”.
May 05, 2021 by Bill Platt
New director comes from the Stimson Center, a public policy and diplomacy think tank.
Photo by Robert Gill
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Victoria K. Holt, vice president of the Stimson Center, a Washington, D.C.-based public policy research institute focused on international affairs, has been named the Norman E. McCulloch Jr. Director of the John Sloan Dickey Center for International Understanding. She is a former U.S. deputy assistant secretary of state for international security in the Bureau of International Organization Affairs in the Obama Administration.
Victoria K. Holt begins as the Norman E. McCulloch Jr. Director of the John Sloan Dickey Center for International Understanding on Sept. 1. (Photo courtesy of the Stimson Center)