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Support the next generation

11 April 2017 by Henry Ker

Support the next generation - read more

Diversity breeds innovation and innovation breeds business success

Governance and Compliance April 2017

Following last month’s interview with Sir John Parker on his review into ethnic diversity on boards, in this issue we talk to Miranda Brawn. Miranda started her Diversity Leadership Foundation to try and address the problem of diversity in business at an earlier stage – it focuses on promising 14 to 21-year-olds, from black, Asian and minority ethnic backgrounds.

This stands in contrast to a lot of the work being done on diversity, which tends to focus on just trying to fix the visible top level of business. Instead, Miranda says targeting the next generation ‘will help to close the diversity gap at a quicker pace, rather than waiting for the students to complete their studies and enter the workplace, [and then realise] there is a diversity problem.’

She echoes Sir John’s thoughts on the value this can bring to business when she says ‘diversity breeds innovation and innovation breeds business success’. Empowering the next generation of leaders therefore can only lead to greater business prosperity. You can read the full interview 'Business diversity breeds success'.

Elsewhere, the ICSA Awards Company Secretary of the Year, Lorna McMillan discusses the profession, which she says ‘is operating in the context of significant corporate governance reform, political turmoil and uncertainty in the economic environment … [but] change brings opportunities to look for ways to do things differently and company secretaries can step up, be confident and have their voices heard’. Her words chime with ICSA’s Peter Swabey, who calls upon company secretaries to ‘evangelise the importance of our profession’.

It is sometimes said company secretaries operate behind the scenes. However, this is a moment for the company secretary to come to the fore and promote the value of good governance. Read Lorna’s interview, 'Influencer and enabler', and Peter’s column 'Time to evangelise'.

A ‘stop the press’ moment occurred just as we went to print – the Parliamentary Select Committee released its report on corporate governance. We will be covering this comprehensively in the next issue of Governance and Compliance.

Henry Ker is Editor of Governance and Compliance

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