Capability Library
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Managing corporate governance and board diversity and inclusion
Managing corporate governance and board diversity and inclusion
Managing corporate governance and board diversity and inclusion is the capability of individuals to develop and implement effective governance frameworks and promote diversity and inclusion within the board of directors of a business. It involves understanding how to develop and implement governance policies and practices that promote diversity and inclusion, and ensure a diverse and inclusive board in achieving business objectives.
Beginner competence definition
Beginners can perform basic tasks such as understanding corporate governance and board diversity and inclusion concepts and principles, identifying governance and board diversity and inclusion needs, and providing basic support for governance and board diversity and inclusion activities. They also have a basic understanding of regulatory requirements related to corporate governance and are able to work effectively in a team environment.
Intermediate competence definition
Intermediate-level individuals have a deeper understanding of governance and board diversity and inclusion frameworks. They can develop and implement governance policies and practices that align with business objectives and comply with regulatory requirements. They also promote diversity and inclusion within the board, including identifying potential candidates from diverse backgrounds, assessing their qualifications, and developing plans for their inclusion on the board.
Advanced competence definition
Advanced-level professionals have an expert-level understanding of governance and board diversity and inclusion frameworks. They can develop and implement complex governance and board diversity and inclusion programs that involve assessing and mitigating governance risks, promoting diversity and inclusion within the board, and communicating board diversity and inclusion plans to stakeholders. They also have strong leadership and communication skills and can lead teams of governance professionals to achieve business objectives related to corporate governance and board diversity and inclusion. Their knowledge about corporate governance and board diversity and inclusion industry trends enables them recommend and implement best practices to ensure effective governance of the board and corporate governance policies and practices.
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Managing corporate governance and board succession planning
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Managing corporate governance and board compensation and nomination