Explore Our New Governance Benchmarking Tool
The Cultural Governance Alliance (CGA) is committed to helping organisations embed equity, diversity, and inclusion (EDI) into their governance practices. In line with this commitment, we’re excited to introduce the beta version of our new Benchmarking Tool, developed in collaboration with Clore Leadership Governance Associate, Keith Arrowsmith.
Why Benchmark Your Board?
Benchmarks are invaluable governance tools that provide quantitative measures to track progress, identify opportunities, and set strategic direction. This particular tool is designed to help your board review its performance relating to EDI policies and processes.
While a one-size-fits-all approach isn’t suitable for EDI, good governance supports transparency and consistency. Our EDI Benchmarking Tool will help you assess whether your governance arrangements actively encourage a diverse board, rather than directly measuring your organisation’s current diversity.
By using this benchmark, your organisation can:
- Identify Gaps: Review current practices to see where governance changes could support a more diverse board.
- Set Goals: Establish clear, achievable targets for evolving your governance arrangements based on identified needs.
- Measure Progress: Track your efforts and demonstrate accountability through regular assessments.
When governance arrangements are robust, an organisation is better positioned to recruit and retain a diverse board. Organisations with diverse boards can:
- Enhance Decision-Making: Benefit from a broader range of experiences and perspectives.
- Build Trust: Strengthen stakeholder relationships by reflecting the communities they serve.
- Attract and Retain Talent: Improve reputation and become a more appealing environment for potential board members and staff.
- Provide EDI Leadership: Set a positive example for all staff and volunteers.