Is it time to re-examine board composition in UK companies?
Mindful Money references Russell Reynolds Associates’ Board Composition study in the recent article, 'Is it time to re-examine board composition in UK companies?'
This piece by headhunters' Russell Reynolds highlights some of the most important considerations for companies. It suggests that companies have to achieve balance in three major areas: Continuity vs. fresh perspective; Cohesion vs. diversity; Granular expertise vs. big-picture oversight. It adds that companies are currently in flux over board composition, as the financial crisis has exposed their inadequacies.
About Russell Reynolds Associates
Leadership for a Changing World. In today’s global business environment, success is driven by the talent, vision and leadership capabilities of senior executives. Russell Reynolds Associates is a leading global executive search and assessment firm with more than 300 consultants based in 40 offices worldwide. Our consultants work closely with public and private organizations to assess and recruit senior executives and board members to drive long-term growth and success. Our in-depth knowledge of major industries and our clients’ specific business challenges, combined with our understanding of who and what make an effective leader, ensures that our clients secure the best leadership teams for the ongoing success of their businesses. www.russellreynolds.com