Communication of Innovative Strategy to a Board of Directors
New research on governance can have non-traditional or controversial results. So boards often resist the academic or big-think suggestions. Boards say, "one size does not fit all", "it doesn’t apply to us", or "our board is not ready for such change." They are uncomfortable with the intrusion. Sticky topics are compensation, transparency and diversity. As economic and social researchers find new trends relating to governance, board traditions are challenged by social innovation.
I am researching board reaction to research that suggests a change in board composition to include women. This was inspired by the Norway rule that the boards of all publicly traded and public limited companies in Norway must have at least 40 percent female representation.