Temin and Co.

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"It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you will do things differently."

— Warren Buffett

Temin-and-Co-Virtual-Salon

Davia Temin and Lorraine Hariton, Catalyst CEO, discuss the future of work, diversity, inclusion and workplaces that work for everyone.

CLICK HERE

"Leading Through Chaos:

How to Build Trust in an Untrustworthy World"

Leading-Through-Chaos Webinar with strategic partner Ellig Group featuring Janice Ellig

CLICK HERE

Forbes Chaos Leadership 3-27-20

"Chaos Leadership: When Does Global Crisis Turn Into Chaos And How Do We Survive It?" 

"When crisis management fails, chaos ensues," says Davia Temin. "As we balance on the cusp between global crisis and total chaos it is time to explore the difference between the two." — Forbes Reputation Matters

To read the article, CLICK HERE.

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Forbes 50 Days of House Arrest

"50+ Days Of “House Arrest” — What You Can Do To Feed Your Soul, Heal Your Spirit, Keep Hope Alive — And Save The Planet" 

"It's been 50+ days now, give or take, since America has been sequestered at home. Whether you're still on lock down, or beginning to plan a return to semi-normalcy; whether you've been sick, had loved ones sick, or are still worried about catching the virus and passing it along — for most this perpetual ambiguity we find ourselves in is not just getting old, it's gotten ancient, unbearable." In this article, Davia Temin offers solutions to help those who may be feeling helpless. — Forbes Reputation Matters

To read the article, CLICK HERE.

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Bloomberg-Davia-Temin-10-17-18

"Woman Compiling MeToo Names Says They're the 'Tip of the Iceberg'" 

"We're in MeToo 2.0," said Davia Temin. "We're getting more sophisticated in terms of making accusations and investigating accusations, and we understand the need to become more sophisticated in acting on the results." — Bloomberg

To read the article, CLICK HERE.

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Forbes Chaos Rules 4-1-20

"Chaos Rules: 8 Ways To Navigate Through The Fog Of Crisis" 

"In wartime they call it the fog of war. In crisis I call it the fog of crisis — but what it really amounts to is chaos. It's murky, dense and difficult to navigate. And it probably will exceed most of our abilities to cope at one time or another." Davia Temin shares 8 ways that might help you get through it. — Forbes Reputation Matters

To read the article, CLICK HERE.

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4-29-20-American-Banker

"In face of coronavirus, bankers apply lessons from natural disasters" 

It can be "very dangerous to extrapolate success in one smaller crisis" to a global pandemic, said Davia Temin. "You might have an idea about how to approach things, but generally God and the devil are in the details, and those details are never the same. If you make a misstep, it could be difficult to disentangle yourself from those decisions." — American Banker

To read the article, CLICK HERE.

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LinkedIn Working Together 4-15-20

"It's time to face the 'new normal.' Here's how we can begin" 

Whether you're the CEO of a large organization or an employee who is part of a smaller team, it's likely that your job looks very different right now. As we settle into this new normal, the quicker you can get out of denial that your industry, career and role have changed, the better off you'll be. — Linked In's Working Together

To read the article, CLICK HERE.

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Washington Post 4-10-20

"How companies are confronting the unparalleled uncertainty of the coronavirus crisis" 

"We are no longer in crisis management, we are in chaos management," said Davia Temin. "You can do certain things and mitigate a crisis. This is out of our hands to some degree now." — The Washington Post

To read the article, CLICK HERE.

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WSJ 4-8-20

"'Sometimes the Crisis Makes the Leader': Andrew Cuomo and Five Lessons on Leadership" 

"What America needs now is a field general," says Davia Temin. "Someone who gives you facts, statistics, someone with a thoughtful, no-holds-barred, unvarnished approach.... In this kind of crisis, dysfunction kills." — The Wall Street Journal

To read the article, CLICK HERE.

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Forbes 3-18-20 Reputation Matters

"Expert Advice From Front-Line Physician On Leadership Needed To Combat COVID-19" 

Davia Temin reached out to Dr. Jacqueline Jones, one of the country’s leading ENT specialists, currently on the front-lines of fighting COVID-19 especially in children, for her expert advice. She shared it, both for patients, and for leaders in business, insurance, and medicine — and it is excellent. — Forbes Reputation Matters

To read the article, CLICK HERE.

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The Financial Brand 3-19-20

"Managing Your Bank's COVID-19 Communications in Social Media" 

"Banking institutions need to better communicate strength in uncertainty," says Davia Temin. "My suggestion is to channel Elizabeth Warren and 'have a plan for that.' Institutions might do well to showcase how much contingency planning they have done and how thorough it is. If the populace, the markets and the regulators believe them, life can be far less panic-driven." — The Financial Brand

To read the article, CLICK HERE.

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3-16-20 Forbes Communicating In Crisis

"Communicating In Crisis: How To Build Trust In An Untrustworthy World" 

As we enter the first full week of the global pandemic and crashing financial markets, we are all looking for who to listen to, and who to believe. We're looking for a trusted voice in the storm to help guide us, one that can steer us toward the truth as it unfolds, and away from lies and misstatements, be they well-meaning or malicious. This is the leaders's task — to provide that "True North" to employees, community, customers, investors, and stakeholders. — Forbes Reputation Matters

To read the article, CLICK HERE.

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Strategy Business 3-11-20

"Is your board risk-ready?" 

It's essential to understand and improve a board's risk reaction dynamics during times of calm, said Davia Temin. "It's better to fix the fissures on a board ahead of time because every fissure will explode in a crisis." — Strategy + Business

To read the article, CLICK HERE.

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Forbes 3-4-20

"Crisis Leadership In Real Time: 8 Best Practices For Public Healthcare Emergencies" 

We now have a public healthcare crisis in front of us that is already disrupting global markets, businesses, and lives, and has the potential to do much more damage. Or not, depending upon who you are, and what and who you believe. So, it's probably a good time to begin recasting more generic crisis management rules into a specific set of rules for our current challenge. In this article, Davia Temin sets forth a new set of 8 pandemic 'best practices,' for your consideration. — Forbes Reputation Matters

To read the article, CLICK HERE.

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"Davia Temin on Reputation, Crisis Rules and the New Normal"  

Davia Temin runs a successful crisis and reputation management firm in New York City. Learn the story behind this woman-owned company and the different tools firms and people can use when faced with catastrophe.  — Voice of America Connect

To watch the video, CLICK HERE.

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AlJazeera 2-29-20

"#MeToo and the Weinstein verdict: What now for working women?" 

"#MeToo 2.0" should at least give women the tools to deal with abuse," said Davia Temin. "Women, when it happens, document it, tell your friends, or a lawyer because when allegations come to light you are going to be asked for proof." — Al Jazeera

To read the article, CLICK HERE.

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Bloomberg 2-24-20

"Harvey Weinstein Is Convicted of Rape in Case That Sparked #MeToo" 

Since the allegations against Weinstein were first widely reported, some 1,400 powerful people have been publicly accused of harassment, abuse or assault, according to Temin & Co., the crisis consultants. Many suffered professional consequences of one kind or another. Temin puts the current number of Weinstein accusers at 111. — Bloomberg

To read the article, CLICK HERE.

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"Wells Fargo Quashes Hope That Its Scandals Are Nearly Resolved" 

"There's this sort of free-floating anger and fury that's out there in the populace, and anything that sticks its head up that's a problem that isn't resolved in the right way, it coalesces," said Davia Temin. "That fury is magnificent — it is stunning in its destructive power." — Bloomberg

To read the article, CLICK HERE.

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"Old Board Structures ‘Won’t Work Tomorrow’" 

"All in all, this is a swiftly evolving governance issue, just as it is a swiftly evolving societal issue," says Davia Temin. "Investors and the public are expecting corporate boards to step up to oversight of sexual harassment and abuse quickly, thoroughly, and authoritatively. I find that a playbook of best practices is emerging—and we are helping to formulate that playbook." — Agenda

To read the article, CLICK HERE.

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"Have We Reached the Point of #MeToo Malaise?" 

New data from crisis consulting firm Temin and Company finds that last month saw 12 high-profile allegations. That's the lowest monthly total since claims against movie mogul Harvey Weinstein ignited the #MeToo movement in the fall of 2017 and a dramatic drop from a peak of 143 last October. — Fortune, The Broadsheet

To read the article, CLICK HERE.

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"The Cost of MeToo Claims" 

Since MeToo received a platform in recent years, 285 companies have been hit with claims. "Instead of putting their head in the sand not wanting to know, the best boards are saying, 'We do want to know. We want to know before any problem arises.'" — Agenda

To read the article (subscription req'd), CLICK HERE.

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WSJ 12-5-19 Want to Date a Colleague

"Want to Date a Colleague? Think Carefully" 

Some companies have had longstanding policies around relationships at work, but they often weren’t well-enforced rules. That is changing. Avoiding mixing love and work is the safer choice today," said Davia Temin. "There is a magnifying glass that is on this kind of behavior right now within the organization, and you have to be smart about that." — The Wall Street Journal

To read the article, CLICK HERE.

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6-26-19 Bloomberg

"Wayfair Employees Protest in Boston Over Border Camp Sales" 

Wayfair is just the latest company to face intense public scrutiny from its employee base over political issues, according to Davia Temin. "Once you are in that spotlight, it will have an impact," Temin said ahead of the protest. "It puts them on the wrong side of their customer base who are generally young and probably a little bit more activist." — Bloomberg

To read the article, CLICK HERE.

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"Marketing Lessons From Chase Bank’s Twitter Blowup" 

"This was a case of a big bank being targeted and used to make a political point. Politicians pounced on a Chase marketing tweet that was a little Millennial, but essentially harmless," said Davia Temin. "One lesson to keep in mind: Anything can be vilified today, especially on Twitter, and especially in the run-up to a highly contested Presidential election. When you're in a firestorm, do the right thing, and keep your head down!" — The Financial Brand

To read the article, CLICK HERE.

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4-8-19 Forbes Reputation Matters

"Great Crisis Management is Counter-Intuitive: That's Why Boeing, Wells Fargo Are Getting It So Wrong" 

It’s easy to be a Monday morning quarterback, especially for huge companies facing huge problems. But too many companies, like Wells Fargo and Boeing, are getting it all wrong time and time again. The stakes for their failure – doing the wrong things in crisis and not understanding why – are too high. And consumers, investors, partners, and stakeholders are suffering the consequences. — Forbes Reputation Matters

To read the article, CLICK HERE.

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Agenda-Logo-FT

"'A Tremendous Insult:' Boardroom Leaks Irk Directors" 

Most boardrooms, like a therapist's office or a confessional, are considered "sacrosanct," says Davia Temin. However, that confidentiality can break down in certain situations. In frustration, a director might turn to the press to put external pressure on the board to get directors to vote a certain way. Activist investors may feel an allegiance to their firm or other outside parties, or founders could disagree with other board members and leak information to try to sway investors to their side. Confidentiality can also break down in a crisis. — Agenda

To read the article, CLICK HERE.

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DandB-What-Would-Bezos-Do-2019

"What Would Bezos Do?" 

What the founder of Amazon, and the richest man in the world, did was show us how the head of a public company could put it all on the line to stand up to bullies. "Courage comes first," he essentially told us, no matter what the personal or professional cost. And apparently his prestigious board agreed. — Directors & Boards

To read the article, CLICK HERE.

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Forbes-Jeff-Bezos-Shows-Us-A-Thing-Or-Two

"Jeff Bezos Shows Us A Thing Or Two - 6 Ways To Face Down Crisis With Courage" 

Phoenix-like, Jeff Bezos has risen from the ashes of bad decisions to make a great one. He is showing us — individuals, CEOs, Board Members, and other leaders — how to stand up to bullying and extortion — when he has everything to lose by doing it. — Forbes Reputation Matters

To read the article, CLICK HERE.

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"When the CEO Has To Go" 

"Every allegation puts a huge burden on the board to conduct a full, fair, independent investigation swiftly, and then take appropriate and fair action, depending upon the results" said Davia Temin. "But when the evidence shows that the CEO must be terminated, the pressure is extraordinary, plus all eyes — internally and externally — turn to the board, to judge how dispassionate and equitable they will be." — Directors & Boards

To read the article, CLICK HERE.

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"The Right Way To Handle A CEO Scandal" 

"It used to be that a founding CEO could be excused all manner of misbehavior by his or her board, as long as it was kept quiet and the bottom line was not negatively impacted," said Davia Temin. "More recently, however, given the outsized attention to serious CEO misbehavior, boards really have little choice—they must react, and act, quickly and decisively." — Corporate Board Member

To read the article, CLICK HERE.

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"Business Ethics Through Movies: A Case Study Approach" 

"Mostly what organizations do in these kinds of moments is duck," says Davia Temin. "They do not come forward. They do not put their CEO forward. And they do not work out of the playbook of good crisis management, probably because they don't have anything good to say." — excerpted from The Washington Post

To read the article, CLICK HERE. To read an excerpt from the book, CLICK HERE.

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Forbes-MastersOfTheUniverse

"When Masters Of The Universe Fall - How Facebook Committed The 7 Deadly Sins Of Crisis Management" 

"Every industry and every generation feels invulnerable as long as everything is going their way. And the behemoth that Mark Zuckerberg built has led the pack. But when a fall from grace comes, as it has come for Facebook, it shakes the world." — Forbes Reputation Matters

To read the article, CLICK HERE.

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"Leading in a 'MeToo' Era" 

In the era of #MeToo, less and less silence surrounds cases of sexual harassment. Davia Temin joins Wanda Wallace on "Out of the Comfort Zone" to discuss what companies and leaders need to know in order to prevent the problem in the first place as well as how to respond to accusations whether the case can be proven or not. — Voice America

To listen to or download the episode, CLICK HERE.

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NACD-Weekend-Reader

"Hundreds of Business Leaders Face Accusations in #MeToo Movement" 

A new reports finds the #MeToo movement over the last 18 months has opened the door to allegations against 417 high-profile employees and corporate executives. And while the rate of accusations has slowed recently, the percentage of individuals fired has increased. “I think it’s settled into a new plateau, but it is certainly higher than we’ve ever had before,” said Davia Temin. — NACD Weekend Reader.

To read the article, CLICK HERE.

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American-Banker

"BankThink How to save a bank's reputation" 

From #MeToo to lending to gunmakers, from compliance issues to cyberhacks, from questionable marketing practices to persistent gender inequality — political, economic, and social issues are all directly impacting bank operations and reputations like never before. In this article, Davia Temin shares five ways to assess your exposure. — American Banker.

To read the article, CLICK HERE.

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"Uber’s Founder/CEO Got Too Much Deference From the Board, Says Former A.G." 

"It used to be that the board might either tolerate bad behavior, or publicly support a CEO while privately chastising him relentlessly. Regardless, he or she would stay," said Davia Temin. "More recently, however, given the outsized attention to serious CEO misbehavior, boards really have little choice—they must react, and act, quickly and decisively." — Chief Executive.

To read the article, CLICK HERE.

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Accessible-AI-Podcast

"Leadership in AI Space — Davia Temin & Bruce Molloy" 

Davia Temin and Bruce Molloy share insights into linear regression and neural nets in machine learning, near future predictions for AI growth, AI and the job market, tips for entrepreneurs, advantages for early adoption, and more. — The Accessible AI Podcast.

To listen to the podcast, CLICK HERE.

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Monday-Morning-Radio-6-10-18

"You Can Eradicate Sexual Harassment in Your Organization" 

Dean Rotbart invited back one of his most popular all-time guests, Davia Temin, to talk about a very hot button issue in America at the moment: Sexual harassment. — Monday Morning Radio

To listen to the interview, CLICK HERE.

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How-Do-We-Fix-It-Podcast

"America's Leadership Crisis: Davia Temin" 

This episode looks at how leaders can avoid the mistakes and embarrassment that could ruin their reputation, lead to their downfall and cause their employees and associates great harm. — How Do We Fix It?

To listen to the podcast, CLICK HERE.

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"Best Board Practices in Managing Reputational Risk" 

Davia Temin and Darcy Howe share best practices for boards who are more involved in managing reputational risk than ever before. — Risk & Compliance.

To read the article, CLICK HERE.

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"How boards and CEOs can prevent workplace sexual harassment" 

Davia Temin, president and CEO of Temin and Company, joined BNN to discuss how companies can fix and prevent sexual harassment in the workplace. — BNN.

To watch the interview, CLICK HERE.

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"A 15-Point Plan For Boards And CEOs To Eradicate Sexual Harassment In Their Organizations" 

As organizations wait for the next wave in the tsunami of sexual abuse charges that is rocking American business, board directors and C-suite executives are not only fixated on understanding their risk exposure, but on what they can do to get ahead of the issue. In this article, Davia Temin shares an actionable, easy-to-execute 15-point game plan for boards and executives. — Forbes Reputation Matters.

To read the article, CLICK HERE.

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"Managing Crisis in an Era of Disruption" 

Crisis Strategist Davia Temin discussed topics ranging from global politics and instability, to corporate board and C-suite priorities and intrigue, to the crises faced by our nation's top colleges and universities and answered questions about how to lead with integrity and efficacy through whatever crisis comes your way. — Business for America.

To watch the video, CLICK HERE.

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"How Boards Should Handle a CEO Scandal" 

"It used to be that a founding CEO could be excused all manner of misbehavior by his or her board, as long as it was kept quiet and the bottom line was not negatively impacted," says Davia Temin. "More recently, however, given the outsized attention to serious CEO misbehavior, boards really have little choice—they must react, and act, quickly and decisively." — Chief Executive.

To read the article, CLICK HERE.

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"10 Leadership Blind Spots That Can Trigger Business Crises In 2017" 

"When you look closely at what triggers crises in organizations, you often see that there is a major leadership oversight or blind spot that has allowed the crisis to exist in the first place – and then grow, unrecognized, until it’s too late," says Davia Temin. "As businesses look toward the coming year, here is a deeper dive into common crisis triggers, so that management teams and boards can recognize hidden risks and danger zones within their organizations." — Forbes Reputation Matters.

To read the article, CLICK HERE.

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"The Morning Risk Report: A Crisis Plan Only Takes You So Far" 

Every organization needs a crisis-response plan, but those plans won’t address every situation "You need a crisis plan, but it would be a huge mistake to think you will follow it," says Davia Temin. — The Wall Street Journal's Risk & Compliance Journal.

To read the article, CLICK HERE.

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"You Have 15 Minutes To Respond To A Crisis: A Checklist of Do's And Don'ts" 

"When a crisis hits, how you respond in the first 15 minutes can make or break your organization – and your reputation." Read Davia Temin's list for leaders of “Do’s” and “Don’ts” in the first 15 minutes of any crisis. — Forbes Reputation Matters.

To read the article, CLICK HERE.

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ROBIC TandC

"The Role Of Boards In Crisis: 10 Steps For Directors Before, During And After Crisis" 

"We see it every day in our headlines: as crisis has become a new global norm, the board’s responsibility in crisis is changing rapidly.” — Forbes Reputation Matters.

To read the article, CLICK HERE.

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TandC Resource List Cover

"Resource List for Corporate and Personal Branding on Social Media" 

Download a copy of our Resource List, HERE.

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"Rebuilding Trust in the Financial Markets"

This chapter by Davia Temin in Trust Inc.: Strategies for Building Your Company's Most Valuable Asset contains a prescription for how to rebuild trust in the financial markets, even after five years.

To read the press release, CLICK HERE.

To read the chapter, CLICK HERE.

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For more Featured items please CLICK HERE.

PR Newswire, September 27, 2012


New Global Study from WomenCorporateDirectors, Heidrick & Struggles, Professor Boris Groysberg of the Harvard Business School, and Researcher Deborah Bell Reveals Top Boardroom Challenges, Trends, and Concerns Heading into 2012 Election


NEW YORK, NY – September 27, 2012 – In one of the most comprehensive global surveys of corporate board directors to date, men and women directors were found to be in striking alignment on economic outlook, political and regulatory concerns, and the business challenges facing their companies – but differ sharply when it comes to board diversity.

Released today, the 2012 Board of Directors Survey – conducted by WomenCorporateDirectors (WCD), Heidrick & Struggles, Professor Boris Groysberg of the Harvard Business School, and researcher Deborah Bell – captures in extensive detail the governance practices, strategic priorities, and views on their own boards' strengths and weaknesses of more than 1,000 directors from around the world.

At 1pm ET on October 4, WCD, Heidrick & Struggles, and Professor Groysberg will hold a teleconference discussing the full results of the survey.

"We see a remarkable consensus among men and women directors globally regarding the top 2012 political issues and the threat of increased regulation in this turbulent economy," said Susan Stautberg, co-founder and co-chair of WCD. "In fact, diving into the data, there was often greater distinction between U.S. and non-U.S. respondents than between men and women."

"But there is far less agreement from men and women in the area of board diversity. Women believe that board leaders must actively work to bring more women onto boards, while men see the lack of board diversity equally as a pipeline issue," added Ms. Stautberg.

One alarming area of agreement, however, is in how men and women rate their personal strength – or lack thereof – in CEO succession planning. "Astonishingly, only 1% of women and zero percent of men rated succession planning as their strongest area of board expertise," said Bonnie Gwin, vice chairman and co-managing partner of Heidrick & Struggles' North American Board and CEO Practice. "Additionally, although finding the next generation of leadership is critical to the health and prosperity of an organization, only 40% of respondents globally said that their boards had an effective succession planning process for directors."

Researcher Deborah Bell emphasized the wide reach of this year's Board of Directors Survey: "With responses from 1,067 directors from 58 countries, this is the deepest and broadest exploration we have ever done into how boards think and how they operate," she said. "Given the global scale of our findings, the 2012 survey provides a highly in-depth assessment of what matters most to directors who are struggling to right the ship amid a sea of economic chaos."

Key Findings: Politics, Strategy, and Regulation

 Top 2012 political issues: state of the economy and federal budget deficit. When asked to name the political issues most relevant to their role as a corporate board director, both men and women cited "unemployment/the economy" and "the federal budget deficit" as the top two concerns. Below these top two, men and women differed slightly, with "healthcare costs" coming in as the #3 concern for women and "energy costs" as #3 for men.


Take-away: "Gender differences practically disappeared when we looked at how men and women directors think about issues like the economy," said Ms. Gwin. "These bottom-line business issues tend to allow for the greatest consensus in the boardroom."

Regulatory pressures and talent issues pose challenges to corporate strategy. The threat of increasing regulations on top of those already levied since the start of the global financial crisis is seen as the biggest obstacle to achieving strategic objectives, according to the survey's U.S. respondents. Both men and women directors cited the "regulatory environment" as the top challenge for their companies, followed closely by the need to "attract and retain top talent." Directors outside the U.S. named regulatory environment and talent concerns equally.

Take-away: "Despite the good intentions behind regulatory reform, board directors do not see increased regulation as the answer to the economic crisis," said Alison Winter, co-founder and co-chair of WCD. "Men and women directors are similarly concerned about the ability of Dodd-Frank to create better corporate governance – only about a quarter of both men and women respondents agreed that these regulations would result in better corporate governance."

Professor Groysberg underscored the importance of talent management to companies' long-term strategic goals: "Given that for many companies human assets are a major source of competitive advantage and given the very large differences in performance between the top people and everybody else, it is becoming increasingly critical for boards to be involved in talent management to assure that their companies' most important assets and competitive advantage are not being mismanaged."

Key Findings: Diversity and Governance

Diversity on boards: a pull from above or a push from below? When asked to rank the most effective ways to build diverse corporate boards, women directors cited "board leadership serving as champions of board diversity" as the #1 factor. Men in the survey ranked this equally with "developing a pipeline through director advocacy, mentorship, and training."

Take-away: "Women tend to put the responsibility squarely on board leadership, while men see it as both a pipeline and a leadership issue," said Henrietta Holsman Fore, co-chair of WCD. "Women view the board chairs, lead directors, and nominating committee chairs as the real change agents in building a diverse boardroom."

"Boards continue to struggle with diversity and our year-to-year findings have, unfortunately, not shown boards making progress in this area," said Ms. Bell. "In 2012, we found that 46% of U.S. directors and 57% of directors outside the U.S. could not say that seating a diverse representation on the board was a priority for their boards, and less than half (47% of U.S. and 35% of non-U.S.) could say their boards had adopted measures that successfully advanced diversity on the board. The percentages for 2011 were almost identical."

Disagreement on reason why women are underrepresented on boards. Forty-five percent (45%) of men vs. 18% of women surveyed believed that the "lack of women in executive ranks" is the primary reason that the percentage of women on boards isn't increasing. As the top reason why there were not more women on boards, women respondents cited that "traditional networks tend to be male-oriented."

Take-away: "There is a clear perception gap when it comes to evaluating how the still predominantly male business networks impact the number of women on boards," said Ms. Stautberg. "Women see a real need to develop the kinds of networks that have historically been the path to directorships. These more diverse networks will create greater success for the company."

"On many boards, creating an inclusive culture for the organization has not been a point of focus," said Professor Groysberg. "The increased importance of diversity to organizational success, however, is compelling boards to make it part of their strategic focus. Unfortunately, many boards lack awareness of best practices in this area and are uncertain about how to integrate diversity and inclusiveness initiatives into their organization's long-term strategy."

Quotas: still causing a somewhat divided boardroom. Just over half the women directors surveyed (51%) believe that quotas are an effective tool for increasing diversity in the boardroom, but only 25% of men agreed. There is a relatively higher belief in the efficacy of quotas among directors outside the U.S. (38%) – versus 30% of directors in the U.S., combining men and women.

The pattern repeated when directors were asked whether they personally supported boardroom quotas. Thirty-nine percent of women and just 18% of men do support them. Outside the U.S., 28% of directors support quotas, while only 22% of U.S. directors do.

Take-away: "Board quotas remain an evergreen topic, as some countries seek to legislate diversity," said Ms. Gwin. "However, we see from these numbers that quotas don't garner an overwhelming support even from women directors."

"Greater regulation in general – whether involving governance decisions, financial disclosures or diversity quotas – are just not that popular with boards," agreed Ms. Stautberg. "Directors are well aware of the challenges they face in steering their companies into recovery, but they do not see regulation as the solution."

Other noteworthy topics in the 2012 Board of Directors Survey include:
Skills gaps on boards – including technology expertise and talent management
• Importance of social media, "the cloud," and other technologies to boards
• Difference in prioritizing energy costs and environmental sustainability in U.S. vs. non-U.S. directors
• Views on board term limits
Lack of tracking to measure effectiveness of board decisions
Insufficient time during board meetings to discuss strategy
Inadequate training for new members and lack of means to address poorly performing directors

For more information about the 2012 Board of Directors Survey or details on the October 4 teleconference, please contact Davia Temin or Suzanne Oaks of Temin and Company at 212-588-8788 or This email address is being protected from spambots. You need JavaScript enabled to view it..

About WomenCorporateDirectors (WCD)
WomenCorporateDirectors (WCD) is the only global membership organization and community of women corporate directors, comprised of more than 1,600 members serving on over 1,850 boards in 46 chapters around the world. In 2012, WCD launched the Global Nominating Commission, a high-level task force of select corporate board nominating committee chairs and members from around the world, as well as CEOs, focused on proactively building diverse boards and candidate slates.

WCD's global chapters are located in Arizona, Atlanta, Beijing, Boston, Brazil, Charlotte, Chicago, Cleveland, Colombia, Dallas/Fort Worth, Delhi, Denmark, France, Germany, Hanoi, Ho Chi Minh City, Hong Kong, Houston, Indonesia, Israel, Japan, London, Los Angeles/Orange County, Malaysia, Melbourne, Mexico, Minnesota, Morocco, Mumbai, New York, New Zealand, Nigeria, Northern California, Peru, Philadelphia, Seattle, Shanghai, Singapore, South Africa, South Florida, Switzerland, Sydney, Tennessee, Toronto, United Arab Emirates, and Washington, D.C. For more information, visit www.womencorporatedirectors.com.

About Heidrick & Struggles
Heidrick & Struggles International, Inc., (Nasdaq: HSII) is the leadership advisory firm providing executive search and leadership consulting services, including succession planning, executive assessment and development, talent retention management, transition consulting for newly appointed executives, and M&A human capital integration consulting. For almost 60 years, we have focused on quality service and built strong leadership teams through our relationships with clients and individuals worldwide. Today, Heidrick & Struggles' leadership experts operate from principal business centers around the world. For more information about Heidrick & Struggles, please visit www.heidrick.com.

About the Research Team
Boris Groysberg is Professor of Business Administration at the Harvard Business School. His research focuses on the challenges of managing human capital. In particular, his work examines how a firm can be systematic in achieving a sustainable competitive advantage by leveraging its talent at all levels of the organization from professionals to senior executives and boards. He is the author of the award-winning book, Chasing Stars: The Myth of Talent and the Portability of Performance (Princeton University Press, 2010).

Deborah Bell is a researcher of organizational behavior whose work focuses on organizational effectiveness and dynamics (especially at the board level), leadership, the drivers of success, and employee motivation. Her work employs multiple research methods to investigate these areas with a special focus on ethnographic methods such as field study, personal subject interviews and case writing.


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