The document discusses the lack of women on corporate boards in the UK and proposes solutions to address it. It notes that as of 2011, only 12.5% of board seats in FTSE 100 companies were held by women. However, research shows that companies with more gender-diverse boards see improved performance and decision-making. The document advocates developing solutions at the company level such as removing barriers, promoting flexibility, and implementing training and mentoring programs to help increase the number of women in leadership positions and on boards.
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Davenport Lyons 9 June 2011 Fm
1. Davenport Lyons 9 June 2011 A Seat on the Board - Because Youre Worth It
4. Women on Boards The New Revolution Current situation - Companies - Women Ideal situation What are the solutions and who is responsible?
5. Women on Boards The New Revolution February 24 2011* 12.5% Women on FTSE 100 Boards* 7.3% Women on FTSE 250 Boards* February 24 2011* 22 FTSE 100 Boards with no women May 2011 15 FTSE 100 Boards with no women *Information taken from Lord Davies Report
6. Women on Boards The New Revolution Increased female participation at senior management level can improves business performance and better decision making. More gender balance board can help companies improve understanding of customers More likely to achieve better corporate governance and be proactive in managing risk. *Information taken from Lord Davies Report
7. Women on Boards The New Revolution Companies with more women on their boards outperform their rivals with a: 42pc higher return on sales 66pc higher return on invested capital 53pc higher return on equity *Information taken from Lord Davies Report
8. Women on Boards The New Revolution The former chief of Marks and Spencer and the current chief of Easyjet clashed on women in the boardroom. SR Im a fairly unreconstructed Luddite CM "It can make a huge difference if you have a more agile approach
12. Personal Branding Self Belief Self Confidence Self Awareness Interpersonal Skills Leadership Presence Women on Boards The New Revolution
13. Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. Jack Welch Women on Boards The New Revolution
15. Women on Boards The New Revolution Solutions and Responsibility Companies/Organisations Best Practice Understand the issues and develop the solutions that best suite the business broadcast achievements.
16. Women on Boards The New Revolution Barriers identified and removed; Transparency and commitment Managing career path Flexibility understand how to transition women back into the workplace Development Programmes around all the selfs; leadership, influencing skills; coaching and mentoring Effective succession planning Recruitment practices NETWORK
17. Women on Boards The New Revolution What is our responsibility?
23. Everything you want is just outside your comfort zone. Robert Allen, American Writer, Teacher, and Real Estate Mogul ( No Money Down ) Women on Boards The New Revolution
24. Comfort Zone Go the Extra Mile Learn from all your experiences Learn to navigate the politics Be flexible/adaptable Volunteer for Projects How can you influence the strategic direction of the company Fight your corner Women on Boards The New Revolution
25. Don't ask yourself what the world needs. Ask yourself what makes you come alive. And then go do it. Because what the world needs is people who have come alive. Howard Thurman Author, philosopher, theologian, educator, and civil rights leader Women on Boards The New Revolution
26. Women on Boards The New Revolution Mentoring is a brain to pick, an ear to listen, and a push in the right direction. John Crawford Crosby (American Politician)
27. Fran Moscow The Fran Moscow Consultancy Limited (ll) 020 8346 0545 (m) 07977 501763 (e) [email_address] (w) www.fm-consultancy.com
28. Don't ask yourself what the world needs. Ask yourself what makes you come alive. And then go do it. Because what the world needs is people who have come alive. Howard Thurman Author, philosopher, theologian, educator, and civil rights leader Women on Boards The New Revolution Fran Moscow supporting Women on Boards
Editor's Notes
#25: Be clear about what you want to achieve Personal SWAT analysis re development Build your network Plan who can help you Keep in touch Be open to new ideas Develop your personal brand people look you up. How do you show up? Protect your reputation and legacy Make it known that you also work as part of team You are someone who gets things done
#26: Do your due diligence; understand what you are letting yourself in for Put yourself in the position of the Board e.g. what do they need; what role can you play; your future depends on what the chairman and other NEDS say about you; apply your competencies to different business contexts; how do you relate to people,/communicate/listen Cultivate relationships with members of the Board (Dipti) Damned hard work- understand systems and structures and build your relationships with the Chair and CEO How will it look if the company takes you what does it say about their company that they can attract this person. Business experience running a P and L; PLC position is helpful; (LBS Corporate Finance Programme Never Forget who you are!
#27: Opportunities are huge new revolution Not for everyone. If its for you, fight your corner with your company; speak to HR or your senior contacts. Find a Senior Champion in the company who will drive the diversity agenda. If you have children or want to have children explore what the company is prepared to do/change. We will see a lot of culture change over the next five/ ten years As ever, its down to you and what you want. Your CHOICE If appropriate we would be delighted to be part of that support for both you and other senior women in your organisation to prepare you if this is your CHOICE!
#29: Do your due diligence; understand what you are letting yourself in for Put yourself in the position of the Board e.g. what do they need; what role can you play; your future depends on what the chairman and other NEDS say about you; apply your competencies to different business contexts; how do you relate to people,/communicate/listen Cultivate relationships with members of the Board (Dipti) Damned hard work- understand systems and structures and build your relationships with the Chair and CEO How will it look if the company takes you what does it say about their company that they can attract this person. Business experience running a P and L; PLC position is helpful; (LBS Corporate Finance Programme Never Forget who you are!