Only one-fifth of Fortune 100 board seats are occupied by women, and minorities are similarly underrepresented, according to research by the Alliance for Board Diversity. This disparity means that companies are missing out on the benefits of diversity, experts say. "Boards that are more diverse generally make better decisions," explained Eric Peterson of the Society for Human Resource Management. "Typically, groupthink is the enemy of good decision making."
Why a lack of diversity is bad for corporate boards