NEWS AND INSIGHTS UPDATE: Consider this--women hold approximately 16% of board seats in the United States, 7.2% in emerging markets, and just 5.6% in Latin America. That's despite the fact that there has been so much discussion about the need for boardroom diversity and more diversity in the C-suites, particularly for women to fill more of these positions. Despite the focus, … [Read more...]
No Finance Experience Means No Board Seats for Business Women
NEWS AND INSIGHTS UPDATE: If you want to get a seat on the board of directors of a big company and you're a woman, you'll increase your chances significantly if you get some experience in finance. Louisa Peacock of The Telegraph reports that is the key finding in a recent study from Cranfield School of Management, which discovered the following disparity between the … [Read more...]
Women Corporate Directors Call to Action
NEWS AND INSIGHTS UPDATE: The WomenCorporateDirectors (WCD) Global Nominating Commission's Call to Action (part of the organization's "Best Practices for Director Selection and Development" report released this month) offers a 10-point action plan to increase the number of women on corporate boards. The goal of the WCD Global Nominating Commission is explained on the WCD … [Read more...]
Statistics and Sound Bites from Women Business Leaders [Infographic]
Women make up 46.9% of the U.S. workforce, but 40% of of large public companies worldwide have no women on their board of directors. It's not surprising that women are starting their own businesses at 1.5 times the national average. According to a new infographic from UNC Kenan-Flagler Business School (shown below), 187 million women are currently starting or running their … [Read more...]
3 Roles Executive Search Firms Should Take to Increase Women on Boards
NEWS AND INSIGHTS UPDATE: A new research report by executive search firm Egon Zehnder International reveals that while some companies are starting to make an effort to increase the number of women on their corporate boards, the necessary work to prepare women for these roles isn't being done. Melissa J. Anderson of The Glass Hammer shared three ways executive search firms … [Read more...]