Connecting to LinkedIn...

Blank

WOMEN ON BOARDS: KORN/FERRY COMMENT

WOMEN ON BOARDS: KORN/FERRY COMMENT

Comment from Tony Vardy, Managing Director of Korn/Ferry Whitehead Mann, the executive search and leadership consultancy, on the Prime Minister’s comments in Stockholm on helping more women achieve leading positions in business:

“David Cameron’s comments in Stockholm have once again brought the subject of diversity to the fore. The progress being made in Sweden is admirable, where policies such as tax cuts for household and child-care services and incentives for parental leave have helped boost the number of women getting into senior level positions in business.

“The Swedish approach is consistent with our view that the issue of female representation on boards will not be solved merely by focusing on Board level, but looking deeper than this and examining why enough women aren’t rising to executive positions where they can even be considered for board posts.

“We remain supportive of Lord Davies’ recommendations on gender diversity in UK boardrooms and are fully committed to the Code of Conduct but the challenge is a complex one.

“We need to create extra supply of and demand for women at the top levels of business.  To address demand and drive real cultural change, boards and investors need to be convinced that more diversity can add value to the business. This is true of all forms of diversity, not just gender, and it is important that boards strive to improve their range of skills, experience and perspective in order to avoid & lsquo;group-think.’

“In order to address the supply issue, companies and consultancies need to think more broadly about the candidate pool. For example, we are looking at how to identify less visible potential business leaders, such as those that have previous experience in, but have now stepped away from, large corporate organisations and those who have predominantly public sector or professional practice experience.”

Tags:

Articles similar to

Articles similar to