Innovation has long been thought of as crucial to an organization’s success. But, too often, there seems to be little innovation (and diversity) within the organization’s board.

On this episode of The Corporate Director podcast, Margaret Whelan shares how boards can rethink value, innovation, growth, and diversity.

Margaret is the CEO of Whelan Advisory, and also serves on the boards of the Housing Innovation Alliance, Mattamy Homes, John Burns Real Estate Consulting, and various other non profit boards.

What we talked about:

• Rethinking a firm’s value
• An ROI-only approach is no longer the only measure of value
• You have to balance innovation with core business investment
• Value creation requires creative thinking
• Innovation is at the core of a company’s performance
• DNA of the board itself affects a firm’s innovative approach
• Suggestions for the future of boards in America:

Resources we mentioned during the podcast:

• A joint report by EY and Corporate Board Member on governing disruptive technology
• ISS report on 2019 U.S. Board Diversity Trends

You can find more interviews like this on our Corporate Director Podcast, hosted by Dottie Schindlinger and Meghan Day.

To hear this episode, and many more like it, you can subscribe to the podcast on our website, or on Apple Podcasts, or on Spotify.