With the recent financial crisis helping to push board accountability into the spotlight, Lucy P. Marcus, professor of leadership and governance at IE Business School in Madrid, is urging companies to be more open to non-traditional candidates for their boards.
There have been many studies showing women’s disproportionately low participation in entrepreneurship and their poor access to capital and networks, but a report published this week is the first to give a comprehensive picture of the state of female entrepreneurship worldwide.
Some say the best way to help a woman rise up the corporate ranks is to pair her with a seasoned mentor who will bestow his knowledge and share his hard-earned experience with her. But Beth Brooke, global vice-chairwoman of public policy at Ernst & Young, doesn’t buy it.
A new study shows that diversity has flatlined in America’s largest companies.
Catalyst, a US-based think-tank, tracks the composition of supervisory boards, executive teams and high earners in Fortune 500 companies to give an annual snapshot of diversity progress in some of the world’s largest and best-known organisations.
Alyse Nelson is the president and chief executive of Vital Voices, a Washington, DC-based group that trains female civic and business leaders in emerging economies.
A recent study by Washington-based Corporate Women Directors International shows the impact of quotas on increasing the diversity of company boards in Europe.
Most of us have seen the pop-art cartoon before, either on a refrigerator magnet or a T-shirt. It’s a Roy Lichtenstein spoof of a woman smacking her forehead and saying: “Oh my God! I forgot to have children!” A tear drips from one corner of her eye.
Had her family circumstances been different, Monique Leroux might have been a concert pianist. Instead, she is the first woman to be elected chairwoman, president and chief executive of Desjardins Group, Canada’s largest – and the world’s sixth largest – credit union, or co-operative financial group.
In the Women at the Top blog, we dedicate a lot of electronic ink to the reasons for the lack of female representation in upper management and executive positions: a dearth of women role models, too few companies with family-friendly policies, straight-up discrimination – to name just a few. But one reason we’ve hardly touched on is the healthy male ego and the obstacle that it poses to women trying to get ahead.
In 1997, Julie Mahloch started GiftPoints, an e-commerce site that enabled shoppers to buy gift certificates at a time when they were only available for purchase in-store. The site – which turned into GiftCertificates.com – had revenues of about $100m five years after its founding.