Building A More Inclusive Board

The “New” Talent Matrix

Today’s business climate is constantly evolving, but the boardroom talent matrix remains centered around traditional skillsets, including prior CEO experience. To build a more inclusive board, companies must expand the talent criteria to consider additional skills and functional experience.

There is value in developing a new board talent matrix and standards that take into consideration a broader lens of experience and titles.

Competencies to be considered include:

  • AI/Cognitive
  • Risk Management
  • Future of Work
  • Gig economy models
  • Marketing
  • Technology/Cyber
  • Legal and Human Resource
  • Other corporate leadership (division heads, EVPs, SVPs or functional unit leaders)

In addition to expanding skillsets, strategically broadening prospecting networks through search partners with diverse candidate pipelines can strengthen board effectiveness.