What are the best ways to measure board diversity? - Functional diversity

At Foundations, we've learned that the right mix of skills on your board, known as Functional Diversity, is crucial and evolves with your organization. In the early days, your board fills in where your leadership might lack—be it strategic planning, legal advice, or financial expertise. As your organization grows, this diversity shifts from filling specific gaps to playing a broader, strategic role. This transformation ensures that as your team becomes more robust and diverse, your board adapts, supporting not just immediate needs but also guiding long-term vision and strategy, making your journey towards success as dynamic and forward-thinking as your mission.