In a new research study, Women Wanted: How a Renewed Focus on Culture Can Break the Diversity Stalemate, PA Consulting Group analyzed the performance and workplace equality of 50 leading organizations to determine what the relationship is between high-performance cultures, the number of women executive teams, and the gender diversity challenge. The research team focused on … [Read more...]
Research Finds Lack of Gender Diversity in Boardrooms Causes Dysfunction
Women held just 16% of corporate board seats in 2012 and in the past six years, there has been just a 2% increase in that number. An annual study published by the Harvard Business review and done in partnership with WomenCorporateDirectors and Heidrick & Struggles reports that gender inequality in corporate boardrooms causes real dysfunction in 2013. The study was … [Read more...]
S&P 500 Board of Directors Demographics and Wish List
What is the demographic profile of a member of the Board of Directors for a company in the S&P 500? The Harvard Law School Forum on Corporate Governance and Financial Regulation published a comprehensive Corporate Director Recruitment and Selection Matrix that is a must-read if you want to learn more about how corporate boards work and how members are chosen. Following … [Read more...]
How to Excel in Interviews with Recruiters for Corporate Board Seats
A key step to landing a position on a corporate board is to nail your interviews with recruiters. Board Guru™ Tracy Houston of Board Resource Services, LLC has provided some great information to Women on Business today that will help professionals excel in interviews with recruiters for corporate board seats. Following is the advice a corporate board candidate shared with … [Read more...]
Senator Urges SEC to Increase Diversity on Corporate Boards
In a letter sent today to Mary Jo White, Chairman of the Securities and Exchange Commission (SEC), Senator Bob Casey (D-PA) urged the SEC to take steps to address the lack of representation of women and minorities on corporate boards. In his letter, Senator Casey cited several statistics from a recent Alliance Board for Diversity report to support his message, … [Read more...]
2013 Women on Boards Survey Finds the Gender Gap Closed 1.7% Since 2009
The number of women on the corporate boards at 5,977 companies in 47 countries across the globe has increased by just 0.5% since 2012 and only 1.7% since 2009. Those statistics come from GMI Ratings' 2013 Women on Boards Survey as reported by Kimberly Gladman, Director of Research and Risk Analytics at GovernanceMetrics International. Gladman shared the key study results on … [Read more...]
Women on Boards – Leading Companies of Silicon Valley
Which companies in Silicon Valley have the most women on boards? That's the question Bryce Druzen answered yesterday on the Silicon Valley Business Journal website. Not surprisingly, Druzen found that only 16.9% of Silicon Valley companies have women corporate board members. You can see how the companies in the tech capitol of the United States rank below and get all of … [Read more...]
14-Point Roadmap to Improve Boardroom Diversity and Get More Women on Boards
Only one in five corporate board members in the S&P 100 are women and just 15.6% of all board seats in the United States are held by women. In other words, there is very little diversity in corporate board rooms. Today, WomenCorporateDirectors and the WomenCorporateDirectors Global Institute released a 14-point roadmap to improve diversity in corporate boardrooms. These … [Read more...]
228 More Years Until the Canadian Gender Gap in Business Closes
In Canada, the number of women on corporate boards has grown by just 2.3% in the past two decades. "At this rate, Canada will not close the gender gap for another 228 years," according to Canadian Center for Policy Alternatives (CCPA) research associate Kate McInturff. This statistic comes from a new report from the CCPA which McInturff authored. The report was created using … [Read more...]
Top Women on Wall Street [Infographic]
Who are the women on top on Wall Street? Unfortunately, there aren't many of them, but you can see who's who in the top positions of Citigroup, Morgan Stanley, JPMorgan Chase, Goldman Sachs, and Bank of America in a handy infographic from The New York Times. The infographic shows prominent women on Wall Street as well as a breakdown of gender disparity at each company. … [Read more...]