Though experts insist that California-headquartered companies won’t have difficulty finding directors from underrepresented communities as a new statute requires, the measures still have their opponents.
Professional relationships have always been at the heart of the professional services industry, and this will remain true no matter the challenge. However, traditional methods of building relationships have become almost impossible amid the Covid-19 pandemic, so digitizing relationship building and making use of relationship networks has become more important than ever.
Across industries, advocates and activist investors are pushing for gender diversity on boards and leadership teams. September 2020 healthcare industry data from BoardEx shows the healthcare industry still lacks female representation in their leadership teams. But that may not be indicative of what’s soon to come.