Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board

A well-functioning board of directors needs diversity of experience and perspectives. If everybody thinks the same, then there is no need for a board; one individual would suffice! Diversity for its own sake, however, is not an improvement in gover...

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Main Author: Argüden, Yılmaz
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2010/01/13134494/diversity-head-table-bringing-complementary-skills-experiences-board
http://hdl.handle.net/10986/11100
id okr-10986-11100
recordtype oai_dc
spelling okr-10986-111002021-04-23T14:02:54Z Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board Argüden, Yılmaz ASSET MANAGEMENT ATTENTION BANKS BOARD MEETINGS BOARD MEMBER BOARD MEMBERS BOARD MEMBERSHIP BOARDS OF DIRECTORS BODY LANGUAGE CAPITAL MARKETS CHAIRMAN AND CEO COMPANY COMPANY DEVELOPING COMPETENCIES COMPETITORS CONFLICTS OF INTEREST CONSUMER BASE CORPORATE GOVERNANCE CORPORATE PERFORMANCE CORPORATION CORPORATIONS CUSTOMER BASE DECISION MAKING ECONOMIC CRISIS EMERGING MARKET EMERGING MARKETS FINANCIAL CRISIS FINANCIAL PERFORMANCE FOREIGN ASSETS FRAUD GENDER GLOBAL COMPACT GOOD GOVERNANCE GOVERNANCE INDEX HEDGE FUNDS INDIVIDUALS INTELLECTUAL PROPERTY INVESTMENT MANAGEMENT INVESTOR CONFIDENCE LEADERSHIP LEGAL FRAMEWORK LISTED COMPANIES MARKETING MODELING NEW MARKETS NEW PRODUCTS PRIVATE EQUITY PRIVATE EQUITY INVESTOR PRIVATE SECTOR REAL ASSET REGULATORY AGENCY REGULATORY ENVIRONMENT RISK MANAGEMENT SEES SHAREHOLDER SHAREHOLDERS SOCIETY STAKEHOLDER STAKEHOLDERS STOCK EXCHANGE SUPPLIERS THINKING TRACK RECORD TRADE ASSOCIATIONS TRANSPARENCY UNION UNIONS A well-functioning board of directors needs diversity of experience and perspectives. If everybody thinks the same, then there is no need for a board; one individual would suffice! Diversity for its own sake, however, is not an improvement in governance; what matters is the combination of complementary skills and experiences that members bring to the table to better address the challenges the company is likely to face. This paper provides examples that help develop a better understanding of each type of diversity needed on boards. Author sees diversity as much more than gender or race-including such other factors as experience, nationality, age, and tenure on the board. He also sees the mix of people on boards changing, depending on the business scales and stages of business life cycles. 2012-08-13T14:08:35Z 2012-08-13T14:08:35Z 2010-01 http://documents.worldbank.org/curated/en/2010/01/13134494/diversity-head-table-bringing-complementary-skills-experiences-board http://hdl.handle.net/10986/11100 English Private Sector Opinion; No. 19 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ASSET MANAGEMENT
ATTENTION
BANKS
BOARD MEETINGS
BOARD MEMBER
BOARD MEMBERS
BOARD MEMBERSHIP
BOARDS OF DIRECTORS
BODY LANGUAGE
CAPITAL MARKETS
CHAIRMAN AND CEO
COMPANY
COMPANY DEVELOPING
COMPETENCIES
COMPETITORS
CONFLICTS OF INTEREST
CONSUMER BASE
CORPORATE GOVERNANCE
CORPORATE PERFORMANCE
CORPORATION
CORPORATIONS
CUSTOMER BASE
DECISION MAKING
ECONOMIC CRISIS
EMERGING MARKET
EMERGING MARKETS
FINANCIAL CRISIS
FINANCIAL PERFORMANCE
FOREIGN ASSETS
FRAUD
GENDER
GLOBAL COMPACT
GOOD GOVERNANCE
GOVERNANCE INDEX
HEDGE FUNDS
INDIVIDUALS
INTELLECTUAL PROPERTY
INVESTMENT MANAGEMENT
INVESTOR CONFIDENCE
LEADERSHIP
LEGAL FRAMEWORK
LISTED COMPANIES
MARKETING
MODELING
NEW MARKETS
NEW PRODUCTS
PRIVATE EQUITY
PRIVATE EQUITY INVESTOR
PRIVATE SECTOR
REAL ASSET
REGULATORY AGENCY
REGULATORY ENVIRONMENT
RISK MANAGEMENT
SEES
SHAREHOLDER
SHAREHOLDERS
SOCIETY
STAKEHOLDER
STAKEHOLDERS
STOCK EXCHANGE
SUPPLIERS
THINKING
TRACK RECORD
TRADE ASSOCIATIONS
TRANSPARENCY
UNION
UNIONS
spellingShingle ASSET MANAGEMENT
ATTENTION
BANKS
BOARD MEETINGS
BOARD MEMBER
BOARD MEMBERS
BOARD MEMBERSHIP
BOARDS OF DIRECTORS
BODY LANGUAGE
CAPITAL MARKETS
CHAIRMAN AND CEO
COMPANY
COMPANY DEVELOPING
COMPETENCIES
COMPETITORS
CONFLICTS OF INTEREST
CONSUMER BASE
CORPORATE GOVERNANCE
CORPORATE PERFORMANCE
CORPORATION
CORPORATIONS
CUSTOMER BASE
DECISION MAKING
ECONOMIC CRISIS
EMERGING MARKET
EMERGING MARKETS
FINANCIAL CRISIS
FINANCIAL PERFORMANCE
FOREIGN ASSETS
FRAUD
GENDER
GLOBAL COMPACT
GOOD GOVERNANCE
GOVERNANCE INDEX
HEDGE FUNDS
INDIVIDUALS
INTELLECTUAL PROPERTY
INVESTMENT MANAGEMENT
INVESTOR CONFIDENCE
LEADERSHIP
LEGAL FRAMEWORK
LISTED COMPANIES
MARKETING
MODELING
NEW MARKETS
NEW PRODUCTS
PRIVATE EQUITY
PRIVATE EQUITY INVESTOR
PRIVATE SECTOR
REAL ASSET
REGULATORY AGENCY
REGULATORY ENVIRONMENT
RISK MANAGEMENT
SEES
SHAREHOLDER
SHAREHOLDERS
SOCIETY
STAKEHOLDER
STAKEHOLDERS
STOCK EXCHANGE
SUPPLIERS
THINKING
TRACK RECORD
TRADE ASSOCIATIONS
TRANSPARENCY
UNION
UNIONS
Argüden, Yılmaz
Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board
relation Private Sector Opinion; No. 19
description A well-functioning board of directors needs diversity of experience and perspectives. If everybody thinks the same, then there is no need for a board; one individual would suffice! Diversity for its own sake, however, is not an improvement in governance; what matters is the combination of complementary skills and experiences that members bring to the table to better address the challenges the company is likely to face. This paper provides examples that help develop a better understanding of each type of diversity needed on boards. Author sees diversity as much more than gender or race-including such other factors as experience, nationality, age, and tenure on the board. He also sees the mix of people on boards changing, depending on the business scales and stages of business life cycles.
format Publications & Research :: Brief
author Argüden, Yılmaz
author_facet Argüden, Yılmaz
author_sort Argüden, Yılmaz
title Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board
title_short Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board
title_full Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board
title_fullStr Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board
title_full_unstemmed Diversity at the Head Table : Bringing Complementary Skills and Experiences to the Board
title_sort diversity at the head table : bringing complementary skills and experiences to the board
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2010/01/13134494/diversity-head-table-bringing-complementary-skills-experiences-board
http://hdl.handle.net/10986/11100
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