Women In Boardrooms | Women In Tech

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  • The government-backed Hampton-Alexander Review (who work to improve gender balance in FTSE leadership) in the UK recently heard reasons from FTSE 350 Chairmen and CEO’s as to why more women are not in the boardrooms

 

  • The shocking explanations include: 

 

  1. ‘I don’t think women fit comfortably into the board environment’
  2. ‘There aren’t that many women with the right credentials and depth of experience to sit on the board – the issues covered are extremely complex’
  3. ‘Most women don’t want the hassle or pressure of sitting on a board’
  4. ‘Shareholders just aren’t interested in the make-up of the board, so why should we be?’
  5. ‘My other board colleagues wouldn’t want to appoint a woman on our board’
  6. ‘All the ‘good’ women have already been snapped up’
  7. ‘We have one woman already on the board, so we are done – it is someone else’s turn’
  8. ‘There aren’t any vacancies at the moment – if there were I would think about appointing a woman’
  9. ‘We need to build the pipeline from the bottom – there just aren’t enough senior women in this sector’
  10. ‘I can’t just appoint a woman because I want to’

 

  • The UK government Minister Lord Duncan said:
    ”These shocking and pathetic excuses for not appointing women to FTSE company boards highlight the necessity to keep driving home the message that women must be in senior roles.”

 

  • Although women in boardrooms is on the rise it is evident that it is still not the norm. Norway in 2008 were early champions of women in boardrooms and created compulsory quotas for listed companies; at least 40% of women should have a boardroom seat

 

  • The Hampton-Alexander Review hope that they continue to drive FTSE Boards to achieve the 33% target of women in the boardroom by the end of 2020.

 

Percentage of women in boardrooms

 

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