Keep it varied at boardroom level

Firms should keep in mind the importance of diversity in the boardroom, writes Maura Quinn.

29th September, 2012
Maura Quinn, chief executive of the Institute of Directors in Ireland.

What are the benefits of a diverse board?

Board diversity is essential to the effective leadership and success of a business. A diverse board is more capable of understanding potential risks and identifying the impact of such risks on the business and its various stakeholders, and of assisting to devise strategies to mitigate such risks.

A diverse board is more likely to ask the difficult questions, encourage constructive debate and challenge executive management. Diversity in...

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