Friday 19 November 2010

Cracks In The Norwegian Glass Ceiling

Norwegian companies are confronted with the government policy which obliges them to elevate women’s contribution in boardrooms until 40 pct. This quota needs to be achieved within 2 years otherwise the company is threatened with closure.

The near-equality in Norway gives women the opportunity to break through the glass-ceiling not only in businesses but also in politics. However, this implies that new companies who don’t respect the quota won’t be able to register. Furthermore, existing companies will have two years time to change their image and find women for their boards.
In addition, research has shown that mixed teams perform better than homogeneous teams. So diversity creates wealth and therefore board members shouldn’t be picked from the same near circle. However, not everybody embraces this interruption of the status quo.

Some people aren't in favour of the government's approach and opt for a more flexible one such as organising happenings. During these happenings potential candidates may present themselves and companies can meet.
We can conclude that companies are doing an effort in achieving the 40 pct and aren't risking to be shut down. (Guardian)
Nathalie De Smet

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