Thursday, August 17, 2006

How to be an Effective Board Member


Commissioner Roel C. Campos at the HACR Program on Corporate Responsibility

Good evening. I'm honored to be invited to speak to you this evening in my old stomping grounds. A trip to Beantown is always high on my list but particularly when it includes speaking at Harvard. Tonight I'd like to thank Carlos Orta and Rima Matsumoto for that opportunity. HACR has truly been a visionary organization when it has come to the role of Hispanic inclusion in corporate America. As a watchdog of the industry, the regular reports produced by, and conferences hosted by, HACR have been a powerful tool in taking the industry to task for its failure to quickly embrace diversity.

I also wish to give a special thanks to Professor Jay Lorsch, who has been committed to training directors at Harvard's Director School and promoting diversity on boards. And, I commend Harvard Business School for recognizing the importance of providing an avenue for meeting the goal of minority representation. The Executive Education Program on Corporate Governance has created a feeder pool of highly qualified candidates to serve as directors on corporate boards. This has eliminated one more excuse for those who are slow to grasp the benefits of diversity and to open their eyes to the realities of the current socioeconomic evolution. What is that reality? It is that by 2009, nearly one person out of every six in the US will be of Hispanic origin, and that doesn't even speak to the minority population as a whole. So, again, I thank HACR and Harvard Business School for hosting this conference and inviting me to address you.

See full Speech.