Carlos Orta, the managing partner of The Orta Group and a governance consultant, stressed the importance of building strong, independent boards in a recent article on Florida Politics. Orta highlighted the importance of diversity in board composition, emphasizing that having a diverse range of perspectives can lead to better decision-making and improved corporate governance.
Orta pointed out that while diversity in terms of race, gender, and ethnicity is crucial, it is also important to have diversity in terms of professional backgrounds and experiences. He emphasized the need for boards to be independent and free from conflicts of interest, as this independence is essential for effective oversight and decision-making.
Orta also discussed the role of board members in promoting diversity and inclusivity within their organizations. He urged board members to challenge the status quo and push for change, noting that diverse boards are better equipped to tackle complex challenges and drive innovation.
In addition to diversity, Orta highlighted the importance of ongoing education and training for board members. He emphasized the need for board members to stay informed about industry trends and best practices in corporate governance, in order to fulfill their oversight responsibilities effectively.
Overall, Orta’s message is clear: building strong, independent boards requires diversity in thought, background, and experience. By prioritizing diversity and independence, boards can better serve their organizations and stakeholders, leading to improved decision-making and long-term success. As companies continue to navigate the complexities of today’s business environment, having a diverse and independent board will be key to staying competitive and driving innovation.
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