From UK to the U.S., Talent in Pipeline Keeping Women in Boardroom Numbers Down

From UK to the U.S., Talent in Pipeline Keeping Women in Boardroom Numbers Down

by Gary Larkin

Whether it's at conferences, in new studies or on the blogosphere, the issue of whether or not there are enough women in the boardroom has begun to pick up steam globally.  The issue has been the topic of a recent forum in New York City, a recent global study on differences between male and female directors and the focus of a task force and report headed up by the former United Kingdom trade minister.

In an interview with former UK minister of trade, investment and small business Lord Mervyn Davies of Abersoch, CBE, The Conference Board President and CEO Jonathan Spector got to the bottom of an independent review of women on boards completed by Lord Davies and a steering board in February. The interview, which you can see in its entirety here, took place during the Second Annual Paul H. Nitze School of Advanced International Studies (SAIS) at Johns Hopkins University on Sept. 9. During the interview Lord Davies mentioned that his committee would meet again in October and report on what is being done in the UK.

"We want more transparency in the boardrooms," Lord Davies told Spector. "We want more attention to be paid to the makeup of the board. We want a minimum of 25 percent level [of women directors by 2015]. Boards of companies should have people who better represent their clients and their business. Having women on the board just makes good business sense."

"It's not just the boards that need more women, but also the executive committees of big companies. We want radical change in the UK."

Read the rest of this article on the Governance Center Blog