An August to Remember

You’ve heard how hard it is to find qualified women board appointees?  Not for these seven companies.  3M, Care.com, Dollar General, Jack in the Box, Potbelly, Raytheon and Tesla all appointed women to their boards this month.  For some it was a noteworthy first, for others a natural second or third woman director. 

These newly appointed directors bring a range of high-level skills including  IT operations, digital marketing, financial expertise and retail savvy.  Proof positive that senior women executives have the skills and experience that boards need - including industry knowledge, operational experience and functional expertise.

As such, we look forward to their contributions including:
• Diversity of Thought: Women on boards bring different perspectives to the difficult issues facing today’s corporations. It is widely believed that diversity of thought results in better decision making.

• Stakeholder Representation: The makeup of corporate boards of directors should be representative of the company in which it governs: shareholders, employees, and customers.

• Competitive Advantage: A diverse board is better positioned to thrive in today’s global economy where the pace of change is accelerating and rapidly changing economic realities require nimble, strategic and well informed directors.

So the next time you hear the excuse, “we can’t find qualified women,” remember this month’s pool of just-tapped talent.  We applaud all of our recent appointees, and encourage other companies to dive on in, the water’s fine. 

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