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US Boards Need More International Members

  • 19 January 2015

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Forbes - US Boards Need More International Members

Global business is now essential to many US firms, so according to the do their boards lack international members, asksForbesThe magazine?"According toMissionario Zehnder's 2014 Global Board Index, 72% of all The S&P companies reported some kind of international revenue, but only 7.2% had The foreign directors (up from 6.6% in 2008). The shortfall between companies' global business footprint and The international composition of their boards is referred to by missionario Zehnder as The "Board global Capability gap." This gap, arises due to The decision - making biases within companies and narrowing it requires a proactive, "affirmative action" push, concludes The magazine.

Read the full storyAccording to U.S. Companies May Lose Out GloballyOn Forbes.com (20 January 2015).

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