A recent study by Goldman Sachs found that creating a more gender-balanced board could boost the euro zone’s gross domestic product by up to 13 percent. So where are the women? Having a female director on a company’s board has too often been seen as a token gesture in the surface interests of achieving gender equality. However, an increasing number of reports from industry experts further strengthen what many already knew: there are a multitude of tangible benefits that women bring to the table.
To highlight the issue of boardroom diversity, new generation board opportunities, and just following the official American Business Women’s Day (September 22nd), BlueSteps brings together an expert panel of board leadership professionals, executive career experts, and experienced executive search professionals for a free executive tele-seminar.
The business case for boardroom diversity:Credit Suisse Research Institute (http://www.entrepreneur.com/article/224476) revealed that male dominated firms had recovered more slowly than gender-balanced firms since the 2008 financial downturn.Goldman Sachs (http://www.wedufund.org/breaking-the-glass-ceiling-what-a…) announced that gender balances on boards in Europe could increase GNP by 13%. McKinsey (http://www.20-first.com/9-0-better-bottom-line.html)revealed that the operational profit of companies with majority female boards was over 56% higher than those with male-only boards. Female majority boards also surpass male-only boards in auditing, control and risk oversight.
Are you ready for the challenge of being a new generation board member? Register for BlueSteps’ upcoming free executive tele-seminar, Boardroom Diversity: New Opportunities for Female Executives
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