Women and the New Business Leadership
Extract from Women and the New Business Leadership
'The financial and economic crisis and the public belief that failings in corporate governance were partly to blame for it have politicized the debate about how, and by whom, our companies should be run. There is a new belief within the political establishment that companies would be better run, and less likely to act recklessly and so put the financial system in jeopardy, if there were more women on their Boards, and an expectation that companies will respond appropriately when filling Board vacancies. If they do not, the political establishment will take note and the pressure for compulsory measures is likely to grow. In the absence of an objective ex ante measure of the quality of a company's governance, the more gender-diverse board has become an important symbol of the new, post-crisis enlightenment. Progress towards gender-diverse boards will be watched closely as a proxy for corporate governance reform and a sign that the lessons of the crisis are being learned.'
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Chapter 1 Corporate governance after the banking crisis
Chapter 2 The new world
Chapter 3 Friends at court
Chapter 4 Crosscompany goes global
Chapter 5 A wider impact
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100 Cross-Company Mentoring achieve BAE Systems plc Bank behavior boardroom candidates career Chairman challenge Chapter Chief Executive Code Committee company boards contribution corporate governance Cross-Company Mentoring Programme culture debate diversity on boards economic ExCo experience female directors female executives Female FTSE financial crisis Financial Reporting Council firms FTSE 100 Cross-Company gender diversity gender-diverse boards global Group plc groupthink impact increase the number International issues joining the FTSE large companies launched leadership male Marcus Agius McKinsey & Company meetings mentees mentors and mentees National Grid plc Niall FitzGerald non-executive directors November number of women organizations Palgrave Macmillan participants percent Philip Hampton positions Praesta principles-based regulation professional promotion Registrar relationships risk role Sainsbury plc senior women sponsors talent Tesco there’s UK’s woman Woman’s Place women on boards women on company