CEO's Blog

The tsunami of Diversity In The Boardroom

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Hi Everyone,
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The 🌊 Tsunami  🌊  of Diversity in boardrooms pushed by Nasdaq #NASDAQ and its CEO Adena Friedman is shaking the old boys’ networks upside down!Β 
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The Β U.S. Securities Exchange Commission, approved last week NASDAQ’s proposal, and now NASDAQ’s ✨ 4442 ✨Listed securities must comply or explain to angry institutional investors and shareholders why they don’t add diverse candidates to their boardrooms?
Well, personally it’s about time the USA 🌎 joined its peer’s European counterparts and G20 developed economies with Diversity Quotas in the boardroom. 🌎

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Since last week, my boardroom diversity communications on just social media TicTok had more than 600 views. Β 
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This is a major shake-up in the boardroom Status Quo!!!
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Chairman of the board and Nomination Committee Chairs are having special sessions on How to how to address this Major fundamental shift in business.Β πŸ“Β πŸ‘”Β πŸ—ΊοΈ

Board chairmen are taking this as an opportunity to rethinkΒ πŸ’­
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What does it mean to have diverse voices in theΒ boardroom on strategy?Β Β πŸ§ Β πŸ’‘Β πŸ’°

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How can the business really benefit from gender, Ethnic minority group peers, and LGBT community members?Β βœŒοΈΒ πŸ—ΊοΈ
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The global mindset of the pandemic and shifting Business Models to International revenue streams, how we enhance the skills of our boardrooms with Diverse and Emerging star Candidates?Β πŸ‘”Β πŸ‘š

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I also believe NYSE New York Stock Exchange and other International #Sustainable #Stock #Exchanges will follow Nasdaq’s lead in incorporating diversity boardroom agendas?
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In #Environmental, #Social, and #Governance,Β MSCIΒ πŸ“Β and Institutional Investors rate Diversity in the boardroom as one of its major factors in decision-makingΒ ESG agendas.Β 
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Stakeholders will be paying attentionΒ what boardrooms will publish in their Annual Proxies.Β πŸ“
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How are they addressing? Diversity in the boardroom challengesΒ 
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