3D: FAQs

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FAQs

What does "diversity" mean?

Why do diverse boards matter?

Is the Diverse Director DataSource about quotas?

Will users be charged a fee to access 3D?

Will applicants in the DataSource be guaranteed a board position?

Will corporations be encouraged to use 3D?

Who verifies the authenticity of candidates and their responses?

Who will view my information?

How long will my information remain in the database?

How do I delete my profile?

What does "diversity" mean?
We mean diversity of thought, experience, expertise, backgrounds, and skill sets to generate sustainable value creation, as well as gender and ethnic diversity. Individuals on boards should have skills in a wide range of areas, including accounting or finance, international markets, business or management experience, industry knowledge, customer-base experience or perspective, crisis response, leadership and strategic planning.
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Why do diverse boards matter?
Studies show that companies with diverse boards perform better. Finding skilled individuals whose specific talents might make them good candidates for a board seat is entirely in keeping with their fiduciary responsibility to achieve the best long-term, risk-adjusted returns possible.
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Is the Diverse Director DataSource about quotas?
No. The Diverse Director DataSource is a method of identifying well-qualified individuals who may be considered for nomination to serve as board members to improve corporate performance. While 3D is intended to identify a robust and diverse candidate pool, it does not create any preference based on race, sex, color, ethnicity or national origin. Any applicant or potential candidate may submit his or her details to 3D. Subscribers to 3D determine the criteria for selecting candidates; additionally, the actual selection will be determined by the end-user, so 3D cannot dictate quotas.
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Will users be charged a fee to access 3D?
GMI owns and operates 3D and will develop the business model for all fees and charges. Any interested individuals may join 3D as a potential candidate at no cost.
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Will applicants in the DataSource be guaranteed a board position?
No. The applicant may enter the registry for possible nomination when a board appointment opportunity arises. The selection process will be rigorous and be driven by the company's need to 220-802 strengthen skills and experience. The goal of 3D is to create more opportunities for applicants to be considered, but it cannot guarantee either nomination or election to a corporation's board of directors.
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Will corporations be encouraged to use 3D?
Nominating committees of public and private company boards, as well as search firms, will be encouraged to use 3D to screen for potential director candidates who meet identified needs in experience, skills, and other qualifications for optimum board composition.
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Who verifies the authenticity of candidates and their responses?
Companies accepting candidates to the board will be responsible for due diligence. The candidate for a board nomination is responsible for his or her own data.
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Who will view my information?
Only subscribers to 3D will have access to information contained in the database.
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How long will my information remain in the database?
Your profile will remain active until you remove it. We will send you periodic reminders to update your information approximately every six months.
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How do I delete my profile?
To delete your profile, go to the My Profile page and click on Delete My Profile. Please note that deleting your profile permanently removes all your data from 3D.
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