Denise Wilson Davies Steering Group & Independent NED (slides by kind permission of Cranfield University) THE DAVIES REVIEW – THE IMPORTANCE OF EXECUTIVE.

Slides:



Advertisements
Similar presentations
More Women Leaders, Better Corporate Social Responsibility June 26, 2012.
Advertisements

Retaining women in IT Rebecca George Chair - Women in IT Champions Forum.
Dr Ruth Sealy Cranfield School of Management The UK’s “Voluntary Business-led approach” to women on boards Women Economic Engagement, Dublin, April
Women in Business & Enterprise. In 2013, there were 4.9 million businesses in the UK. Over 99% of businesses are Small or Medium Sized businesses – employing.
Meeting with Sir Gus O’Donnell 20 TH September 2005 SENIOR WOMEN’S NETWORK VIEWS.
Institute of Employment Rights Equal Opportunities Update Stuart Brittenden.
0 © 2009 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member firm of the KPMG network of independent member firms.
When will 33% be 51%? Women in The Senior Civil Service Senior Women’s Network Sue Owen Director General, Strategy Group, DWP 8th March 2012 UNCLASSIFIED.
The Female FTSE Board Report 2009 Norway and Spain join our Census to benchmark corporate boards By Dr Ruth Sealy, Professor Susan Vinnicombe OBE and Elena.
Lesson 18 - Gender Inequalities (2)
Women on Corporate Boards: Lessons from the UK Professor Susan Vinnicombe OBE Cranfield School of Management.
Dr Deirdre Anderson Cranfield International Centre for Women Leaders The Female FTSE Board Report 2014 Is change really happening?
1 State of Wisconsin Investment Board Legislative Audit Bureau March 2005.
1 ‘Promoting employment and the quality of work in the European rail sector’ July 2015.
Gender Inequalities What is meant by the term the ‘glass ceiling’. Gender inequalities in earnings and in the gender distribution of ‘top jobs’. How does.
Gender Diversity on Corporate Boards – Does it Matter? Dean’s Distinguished Speaker Series University of Auckland Business School Professor Susan Vinnicombe.
2007 Spencer Stuart Board Index Findings Review of S&P 500 Proxies Spencer Stuart William B. Reeves Managing Director, Atlanta.
NEW PERSPECTIVES ON OLD CHESTNUTS Mentoring & Networking Jackie Connon & Carol Walker (Mentoring) Anne Stevenson, Mary Brown & Moira Bailey (Networking)
1 Committees of a Board. 2 Why Committees? To get impartial and professional input To get impartial and professional input Reduce work load for directors.
Tutorial Class (Chapter 2)
Presentation for a conference “Reversing the Paradox - Promoting Gender Balanced Leadership” 27 May 2015, Dublin Vitalijus Novikovas (JUST.D.1)
Board of Directors and Governance
Role of the Compensation Committee Recent trends in board practices and director compensation Rosina Dixon and Pearl Meyer NACD New York Chapter March.
A case on Chinese Company Law: Faye. Board of directors & Supervisory board.
© The McGraw-Hill Companies, Inc., 2002 All Rights Reserved. McGraw-Hill/ Irwin 14-1 Business and Society POST, LAWRENCE, WEBER Stockholders and Corporate.
Women in the World of Finance and Banking Helen Cook, HR Director for Corporate Banking.
“Towards the Top – Advancing Women in the Workplace" Gender balance in corporate leadership positions : an economic and business imperative Daniela Bankier,
GENDER AND THE SMT Report on gender statistics within the Society for Music Theory.
 The Swedish Corporate Governance Board 1 Distinctive characteristics of Nordic boards Presentation at the ecoDa/IFC Roundtable, Brussel Per.
TI SCHOOL ON INTEGRITY, 9 JULY 2015 Stan Cutzach, Governance Director, Transparency International.
The UK’s Self-Regulatory Approach Dr. Ruth Sealy University of Utrecht 9 th December 1.
Forest Sector Charter Council Forest Sector Charter scorecard Vs Generic scorecard.
Proposal for Gender balance on company boards Directive 9 December 2015, Utrecht Vitalijus Novikovas, DG JUST D1.
Week 7 Directors: A Background Faisal AlSager MGT Corporate Governance.
The Paula Principle: Getting Women to the Top Table Using iWAM Dr. Sally Vanson.
What is professional ethics?. Your role Preparing financial information Reporting financial information Reporting non- financial information Preparing.
SALARY EQUITY SUMMARY Faculty Council April 13, 2012 Bruce W. Carney Executive Vice Chancellor & Provost.
Organizational Structure An Overview. Structure Is the framework around which the group is organized Gives members clear guidelines for how to proceed.
Governance, Risk and Ethics. 2 Section A: Governance and responsibility Section B: Internal control and review Section C: Identifying and assessing risk.
QUALIFICATIONS, TRAINING AND RECRUITMENT OF DIRECTORS.
Company Law. Background:   why do we need companies and partnerships?   what kind of organs do they have?   what is unlimited and what is limited.
GUIDELINES FOR ASSEMBLY ELECTIONS – KEY CONCEPTS AND PROCESSES.
Lesson 18 - Gender Inequalities (2) Learning Intentions (Pupils should be able to): Explain what is meant by the term the ‘glass ceiling’. Provide evidence.
Agenda 1.CSR Update for YTD FY 16 2.Amendment to CSR Policy 3.CSR Plan and Budget for FY17 4.CSR Interventions - Health - Education - Livelihoods (Agriculture)
CLOSING THE GENDER GAP VISION 2020 Roberta D. Liebenberg Vision 2020, National Leadership Circle Former Chair, ABA Commission on Women in the Profession.
Law Institute of Victoria: Diversity Presentation Eric MayneNovember 2010.
Eastern Arc Academic Research Consortium: Changing gender roles in work and family life workshop University of Kent, 31 March – 1 April, 2016.
Swedish Chamber of Commerce Women’s Business Luncheon Mrs. Jacqueline Prins Director Gender and Equality Ministry of Education, Culture and Science 8th.
Develop Create Empower Lead Excel Why Women Leaders?
Getting Legends on Company Boards
Pr. Antoine Rebérioux (Univ. Paris Diderot, LADYSS)
Scorecard.
Women in Leadership Kutatási adatok.
IT Steering Committee 6/9/2018 BEGIN - CONTINGENCY.
Can you afford a women-free board?
Professor Susan Vinnicombe OBE
Gender-Sensitive Policy-Making At the core of inclusive Growth
Gender pay gap report As of 5 April 2017.
Policy Dialogue on Corporate Governance in China
Engaging MEN IN GENDER BALANCE A Business imperative!
Gender equality in leadership: How far have we to go?
Parents’ Committee A vital part of the 4-H club leadership team
Women in Finance Charter
Professor Susan Vinnicombe, CBE Friday, 12 May 2017
Analysis of the Global STEP database.
Institute of Employment Rights
Gender Pay Gap Report as at 31 March 2018.
POLICIES ORIENTED TO EQUALITY BETWEEN MEN AND WOMEN IN BULGARIA
Training and Development
The difference between Equal Pay and Gender Pay
Presentation transcript:

Denise Wilson Davies Steering Group & Independent NED (slides by kind permission of Cranfield University) THE DAVIES REVIEW – THE IMPORTANCE OF EXECUTIVE RECRUITERS TO SUCCESS

7 (21) all-male boards 93 (79) boards with women Women on FTSE 100 Boards 2013 compared to 2010

FTSE 100 and FTSE 250 Comparison At March 2013FTSE 100FTSE 250 Female-held directorships194 (17.3%)267 (13.3%) Female executive directorships 18 (5.8%)32 (5.4%) Female non-executive directorship 176 (21.8%)235 (16.6%)

Composition of Boards 2013 Female FTSE Total FTSE 100 NEDs Total FTSE 100 EDs Total FTSE 100 Directorships

New Appointment ratios Female FTSE 100 Mar 2013 Sept 2012 Mar 2012 Sept 2011 New female appointments New male appointments Total new appointments Female % of new appointments 25.74%44.1%28.0%22.5%

Predicting Future Percentages of FTSE 100 Women on Boards

FTSE 100 Female Executives YearExecutive Committee Member Executive Board Directors (16.3%)13 (3.6%) (13.0%)17 (4.8%) (18.1%)17 (5.2%) (17.2%)18 (5.5%) (15.3%)18 (5.8%)

Female Representation by Role on FTSE 100 Executive Committees Regional/Divisional MD/CEO Marketing/Sales Corp. Strategy/Bus. Development Co. Secretary/Counsel Communications/Corp. Affairs Human Resources 8.9% 30% 22% 17.9% 52% 40%

Individuals Internally Promoted to Executive Committee 48% Female 62% Male

Women Leaving is not the main Problem 7% 6% 17% 12% 24% 21% 22% 10% 22% 13% 8% 7% 13% 14% 18% 21% 20% 24% 21% Law Firms Accounting/Consulting Firms (Equity) Partner Non-Equity Partner/ Associate Partner Senior Associate/ Manager Associate Consultant Trainee/Analyst Average attrition rates for men and women Women Men Source: 30%Club/McKinsey

….but Promotion is Source: 30% Club/McKinsey

EU Directive could affect up to 950 UK companies A turnover of more than €50million and/or more than 250 employees 433 Additional Listed Companies Number of WoBPercentage WoB Female-held directorships2157.6% Female executive directorships 605.2% Female non-executive directorships % Average board size6.5