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Benefits

  • Better decisions are made by the board due to a more robust debate informed by diverse perspectives.
  • Diverse boards can help attract new participants to the sport by highlighting opportunities the board may not have considered.
  • Succession planning can help prepare a board for a smooth transition between directors and retain corporate memory.
  • Boards can make better decisions because they contain a mix of elected and appointed directors and can balance institutional knowledge with fresh perspectives.
  • Boards can draw on ideas and insights from other sports or industries during the decision-making process.

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