@wobuk women on boards uk twitter: @wobuk women in power
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Women on Boards UK
Twitter: @WOBUK
Women in Power
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Getting to the Top
Christine Lagarde - Head of IMF Source : Independent
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Carolyn McCall OBE
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Glass Ceiling
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How Diversity Makes Us Smarter
Diversity confers expertise
Enables innovation
Enhances creativity
Enables problem solving
Changes the way you think
Source: ScientificAmerica Katherine W. Phillips
What does diversity mean for companies and shareholders?
Note: sector-neutralSource: Credit Suisse Research – CSG 3000
6
Credit Suisse Research Institute
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University Grad-uates
Professionals Executive Management
CEOs (FTSE 350) Board Directors 0
10
20
30
40
50
60
70
80
90
100
44
54
81
95
78
56
46
19
5
22
Women are significantly under represented
MenWomen
Percentage of populations
Source: BoardEx, October 2014
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The Facts - Media54% of people believe there is equal representation on TV – reality women a/c for 25%
Govt. stats show 28% of male workforce is highly skilled v 25% for women…….so no shortage of experts then!
Issues
Women worried about they way they looked and are judged afterwards
Harder to find, less visible ………….. Targets?
Source: Broadcast Ready and TNS 2015 research, news experts. Image Jacob Waite.
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Stereotypes
Root of the problem
Source: Catalyst, Mythical Ideal worker
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Who Cares - Major PlayersLord Mervyn Davies Rt. Hon. Dr Vince Cable
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European QuotasNorway introduced them in 2006 @ 40%
Belgium, Iceland, Italy, the Netherlands and Spain
Coalition pressure recently forced Germany
European Union Considering Quotas
Vivane Reding;
“I do not like quotas but I like what they achieve”
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The Myth of Merit
Source: Lauren A Rivera, Prof. NW Uni Kellogg Sch. of Managmenet
People like ME!
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Merit Performance criteria key to merit hires
• Do you accept we all have bias• A rigorous selection processes needed for it to work
Temporary special measures?
Source: Jennifer Whelan, Melbourne Business School
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Sport & Role Models?
Katherine Granger CBE
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So how do we get more women in the Boardroom?
Ask them
Give them information
Data transparency
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So how does WOB help get more women onto boards?
Information ……….. how to run a personal board campaign
Connections & Vacancies
Advocacy
We are levelling up the playing field to the boardroom.
What we do
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Depending on where you are in your career
Getting Started: Workshops, WOB Profile and Boardroom Conversations
Getting There: Vacancy Board, Masterclasses, Mentoring and personal support
Getting Serious: Director breakfasts and board-level connections
How can we help you?
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12,000 website sign-ups• 36% corporate employee members; 12% paid subscribers
105 Workshops• 1,600 attendees (including 4 men)
38 Boardroom Conversations • 2,600 attendees (5% men)
28 Masterclasses• Board CV and Impact and Influence
1-on-1 Support• ~600 phone calls providing board profile/strategy help or interview advice
350+ success stories – see our On Board page
The last 2 1/2 years
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Corporate Subscribers
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Helena Morrissey OBE
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www.womenonboards.co.uk
40:40:20 Challenge
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