Julia Middleton's Thoughts on Leadership

There is a lot of discussion and commentary at the moment in the UK about boards and governance following the Financial Reporting Council’s publication of the UK Corporate Governance Code (formerly the Combined Code).

It’s all about how you ensure that the boards of the future protect us from the disasters over the last couple of years.

I too believe that diversity is one of the keys. Homogeneous boards are complacent and risky. Complacent because it means that the organisations are careless about understanding the modern world and don’t care enough about their brands to adapt and stop hiding behind the old excuses like: “oh but we try so hard but there just aren’t enough people out there”. Risky because homogenous boards develop group think and don’t see some things coming.

But there are two forms of diversity that always seem to be forgotten: age and language.

If all your board is of one generation it will miss things that are intuitive to other generations. And on language: how may British international boards speak enough languages to really claim to be international?

-    Julia Middleton was recently interviewed by Knowledge Peers on managing and sustaining effective boards for not-for profit organisations. You can sign up for Knowledge Peers membership here.

-    About Time is a multi-faceted campaign supported by the Government Equalities Office, Anchor Trust and Common Purpose in the UK. The campaign will increase the number of people involved in public life across the UK, by overcoming barriers that get in the way of participation. At the core of the About Time campaign is the notion that diversity is critical to a board’s ability to spot issues and trends.