As more organizations here in North America and overseas increasingly utilize third party vendors with a global presence to perform critical functions, process key transactions and provide exposure to sensitive proprietary information, those organizations with mature third party risk (TPR) programs are receiving a loud call to provide assistance to those new to the TPR field.
The vast majority of the UK's FTSE 250 companies had not discussed contingency planning for a possible Brexit with the chairman of the board or the chairman of the audit committee.
The benefits to a company of having female representation on its board are significant. However, there is a gap -- more like a massive chasm -- between the presence of women in the workforce and the number of women on corporate boards.
International Women's Day Call to Action: From Courts to Congress to Corporate Boards -- it's Time for Parity
Compared to developing countries too, the U.S. lags in terms of gender parity. In nations where you would least expect progress towards gender parity to have been made, mandates or quotas have propelled women ahead of those in the U.S.
Serving on a board, or taking on leadership roles within philanthropic organizations for that matter, allows me to contribute to an issue in more meaningful ways; I'm able to dive to the root of an issue and to make impactful, real-time decisions surrounding the cause.