In terms of time frame, I would say no more than three years. I would agree with Professor Dhir that we need to look at whether they have a stated diversity policy. Do they have board renewal mechanisms and what are they? What is the content of the explanations, if they're not complying? Then count progress. What's the year-over-year change? Count progress in each of the diverse groups that they are being asked to measure. Look at the change. Look at the progress.
On February 16th, 2017. See this statement in context.