Magazine article Workforce Management

Talking to the Board

Magazine article Workforce Management

Talking to the Board

Article excerpt

Workforce management executives can help the board understand workforce imperatives and call attention to the need for a board that reflects the company's global commitment.

DATA BANK | Research & analysis by Fay Hansen

AT MOST LARGE U.S. companies, the composition of the board no longer reflects the global nature of the business and the geographic distribution of its workforce. Spencer Stuart's 2006 survey of the 200 largest S&P boards found only 141 non-U.S. directors out of a total of 2,306. Even when U.S. boards include international directors, the members appointed are primarily from the U.K., Canada or Germany. Asian members are largely absent.

Among the largest U.S. companies, Alcoa's board most closely represents the global nature of its interests, with four international members on the 10-member board. Citigroup has four out of 17 and General Electric has three out of 15, but most of the top companies have none, despite their substantial interests abroad. By contrast, the vast majority of boards at large European companies include at least one director from outside the home country. …

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