For five years, a report on women leaders has studied 590 companies employing 22 milllion people, finding a failure that lasts a lifetime.
There are two paths to the pot of gold at the end of the gender diversity rainbow.
You can persuade, or you can impose a quota
Businesses with inclusive, diverse cultures achieve three competitive advantages more easily: Better decision making – Innovation – Broader appeal.
Author Anne Glenn takes a deeper-than-usual dive into why doing the right thing is also doing the smart thing. Workplace diversity is not a new business conversation. 20 years ago, industrial research predicted that “employees in the 21st century will include more women, minorities, ethnic backgrounds, intergenerational workers and different lifestyles.” As early as […]
The struggle for gender equity in business – especially in leadership ranks – makes progress in little steps.
In 2005, long before Norway had begun to implement quotas for women in the boardroom, Elena Terol stepped out of a distinguished corporate career in talent acquisition to start her own executive search firm in Spain. She knew what she wanted. Elena hired women partners for her company, ExcellentSearch, the Cornerstone member company in Madrid. […]
With International Women’s Day approaching March 8, the latest Economist has a timely look at the progress made by women joining corporate boards in the last decade. It was 10 years ago that Norway decreed that 40% of the directors of listed companies must be women. At the time, the percentage in major countries was […]
Women are under-represented in the senior executive ranks of most businesses worldwide. According to a McKinsey report this year, only three of the G20 countries had 30% or more women on corporate boards or executive committees. The reasons why vary by jurisdiction. At one end of the scale, notably in Europe, representation is significantly supported […]
Does it matter if the new CEO is a man or a woman? Not to the people who put her there. And in most high-level searches that would include the recruiting firm. Executive search companies, particularly those known as retained search firms, earn their fees by finding the best candidate available. Not the best man, […]