Women on Boards: The Roundtable
In the UK today, women are significantly under-represented at company board level despite making up half of the national population. On Thursday 16 December the Young Fabians hosted a “Women on Boards” roundtable discussion in conjunction with BIS to explore this issue and support the Lord Davies Review. The event was hosted at the ICAEW and was attended by around 30 people. Our panel of distinguished speakers included Helen Whitehead from BIS, Baroness Goudie, Rhonda Martin from ICAEW, Averil Leimon from White Water Strategies and Arpita Dutt from Russell, Jones & Walker who were able to share their experiences and work in this area.
The discussion was aimed at presenting the views of young, up and coming women in business and covered a range of topics from personal aspiration and perceived barriers in corporate culture to business led strategies to address under-representation of women at senior management level.
While the efficacy of introducing quotas was disputed, there was wide agreement that in order to progress the equality agenda men should be involved in the debate and that top down engagement from Boards was necessary to recognise the disparity. Mentor and sponsor systems that challenge and promote women were supported as well as extra support and engagement with women who have chosen to leave work to have children.
One issue that became apparent was that there seems to be a point somewhere around the age of 30 at which women begin to feel disadvantaged in comparison to male colleagues whether they have decided to have children or not. Addressing this issue will require additional effort from women themselves and the organisations that employ them to proactively address career development and aspiration.
There was no clarity from the table as to whether the women present actually wanted to be on a Board, but it became apparent that transparency and monitoring of board selection would remove barriers to lack of aspiration by providing essential information as to what senior level roles entail.
We would like to thank our sponsors ICAEW and White Water Strategies for supporting the event.
Lord Davies’ review will be published February 2011.
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