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
– 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.