Diversity is at the heart of the Board. It is essential that when discussing the future of the company, numerous varied perspectives are offered, along with a broad range of experiences.
A recent study by Deloitte found that 93% of leaders agree that diversity is essential in the decision-making process, yet the same report found that just 16% consider diversity the top priority in the recruitment of new members.
Equality | Gender parity still a major issue for business
This worrying lack of investment in diversity isn’t limited to any one sector; the Investment Association has released a list of 94 top companies with very little gender diversity, despite controlling a collective portfolio in excess of £7.7trillion.
According to the report, seen by The Guardian, culprits highlighted in the list include Domino’s Pizza, Prudential, Lloyds Banking Group, Metro Bank, Man Group, Melrose, Capita, Glencore, Centrica, Ocado, Foxtons, Paddy Power and GVC, the owner of Ladbrokes.
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