Boardroom diversity key to achieving strategic goals

Companies need a diverse set of experiences and skills in the boardroom and throughout their organizations to help drive better outcomes, and to cultivate and reinforce a culture that executes their strategy.

Encouraging cognitive diversity — a mix of directors with different backgrounds and skills who can add value by bringing different perspectives to the conversation — helps guards against the risk of groupthink.

“Board composition is critical,” said Dennis T. Whalen, Leader of the KPMG Board Leadership Center. “Boards need diversity that is aligned with the company’s strategy today and for the future.”

Hear more insights from Dennis T. Whalen.