Charting Change: Gender Diversity on Corporate Boards
This article first appeared in its entirety in Spring 2015 SOM Management Magazine
In 2011, Susan Vinnicombe was asked to join a steering committee, lead by Lord Marvyn Davies, to investigate the lack of women on the UK top corporate boards and provide recommendations to improve the situation. The Davies report was launched in February 2011 and made ten recommendations, including the setting of a target of 25 percent women on the top FTSE 100 boards by 2015. In March 2015 the latest report showed that women now hold 23.5 percent of the top 100 corporate board positions and the UK is on trajectory for meeting the 25 percent target by the end of the year. In addition, the UK is now ranked fifth in the world in terms of the percentage of women sitting on their top corporate boards. However, all the top five countries in the world are from Europe. This article discusses the difficulty in comparing the number of women on corporate boards across countries and further notes ways in which this percentage can increase world-wide.
Read complete article from Spring 2015 Simmons SOM Management Magazine
Susan Vinnicombe, the Deloitte Ellen Gabriel Endowed Chair in Women's Leadership at Simmons College, and Professor of Women and Leadership at the School of Management, Cranfield University, UK, focuses her research interests in gender diversity on corporate boards, women's leadership styles, and the issues involved in women developing their managerial careers. She is also Director of the International Centre for Women Leaders at Cranfield.