This research examines the composition of the boards of directors and senior leaders of organizations through three surveys of board chairs and executive directors. Results indicate that there is a need to better reflect the demographic characteristics of the Greater Toronto Area. Our findings indicate that diversity, even in small amounts, benefits boards and organizations in substantial ways by adding new and fresh perspectives in decision-making, bringing innovative new thinking to bear, and extending the reach of organizational networks. In addition, leadership diversity was found to contribute to organizational governance by helping to shape and guide the strategic direction of the board, improving board governance procedures, strengthening the board's financial management, and enhancing fundraising.
Authors
Related Organizations
- Pages
- 28
- Published in
- Canada