
The Importance of Diversity, Equity and Inclusion on Private Company Boards: Oversight and culture can steer board efforts.
As demographics in the United States become increasingly diverse, forward-thinking boards are determining ways to achieve more diversity of background, experience and thought in the boardroom. Although private companies may face less public scrutiny than their publicly held counterparts do, private company stakeholders — including employees, suppliers and customers — continue to demand attention to diversity, equity and inclusion to address both reputational and cultural risk for the company and its workforce.