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July 2010 By Fiona Macfarlane, LL.M., Diane Sinhuber, CA and Tanya Khan, CA Diversity is increasingly regarded as a business imperative. The issue is receiving attention from industry and shareholder groups as well as regulatory and legislative bodies. When managed properly, diversity can provide an important competitive advantage for business. Diversity encompasses factors including age, culture, personality, skill, training, educational background and life experience. The influence of a variety of perspectives and viewpoints can contribute to flexibility and creativity within organizations, which can in turn help them thrive in a complex and competitive global economy. Diversity Briefing: Questions for Directors to Ask focuses primarily on the importance of diversity within companies, and the ways in which it comes to the attention of the board through the board’s oversight of areas such as strategy, risk and executive succession. It also addresses the importance of diversity on the board itself and offers questions that are intended to be a catalyst for useful dialogue among directors, for directors with management, or with outside advisors. Purchase a hard copy Download a soft copy |