Thursday, 29 September 2011

any Acid tests? Davies report on Women on boards, Feb 2011 (pdf)

Great summary below from 30% club:

Fact of the matter is, if boards are aware of the material impact on the bottom line having women on the board.. then surely the competitive pressure and opportunity cost would mean they would also want to appoint women!??

of course if there is also a good pool of talent around! or am I missing something!?

"We welcome the recommendations contained in the Davies Report, published in February 2011, which calls strongly for concerted voluntary action by UK companies to redress the gender imbalance of UK boards.

The report requires that all Chairmen of FTSE 350 companies set out the percentage of women they aim to have on their boards in 2013 and 2015. FTSE 100 boards should aim for a minimum of 25% female representation by 2015.

Furthermore, all CEOs are required to review the percentage of women they aim to have on their executive committees in 2013 and 2015.

The deadline for announcing these goals is September 2011."

'via Blog this'

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