Where are the women in the C-suite?

Where are the women in the C-suite? At the current rate, it will be 2082 when women achieve parity in the boardroom

Seventy years from now. I calculated that this will not happen until my great-granddaughter’s generation. It’s a sobering thought.

An international survey provided the following stats:

–          39.8% of companies have NO FEMALE REPRESENTATION at the boardroom level

–          10.5% of boardroom members are female

–          In the industrialized world: 11.1% of directors are women and 63% of companies have at least one woman on the board

–          In the emerging markets: 7.2% of directors are women and 44.3% of companies have at least one woman on the board

The article stated that the following will help:

–          Better training, mentoring and educational opportunities

–          Quotas

–          More flexible working patterns

–          Better/broader recruitment process

 

Norway introduced quotas and since 2006 public limited company boards must have 40% women serving on their boards. Quotas have been introduced in: Ireland, Holland, France, Australia, Italy, Belgium, Iceland, Finland and Spain. And other countries are considering them.

Hopefully, through these programs, women will achieve parity before my great-granddaughter’s generation.

http://edition.cnn.com/interactive/2012/05/specials/infographic.women.boardroom/

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