Women Be European Board Ready!
2/03/2011
ESSEC launches a program to help women to take their rightful place on executive and management boards in partnership with MIDDLENEXT
ESSEC launches a program to help women to take their rightful place on executive and management boards in partnership with MIDDLENEXT
Companies can no longer ignore the issue of parity between men and women in the top-level echelons of their organisations: increasing competition, scarcity of talent and stakeholder demands for equal opportunity mean proactive action by companies is now imperative.
A recent law reforming corporate governance requires the presence of women on the board of directors – an indication of the growing urgency of the issue. Despite efforts by certain companies to implement a more balanced proportion of men and women managers, there is still much progress to be made.
The higher up in an organisation's hierarchy, the fewer the women. Despite concerted efforts by national and European authorities (fairer regulations, incentives etc.), and the commitments of pioneering companies, institutions and associations, whilst some progress has been made, the glass ceiling remains largely intact. According to the European Commission, out of the 30% of
managers who are women, only 10% reach director level.