Women In Boardrooms

Women are being out-numbered by men in boardrooms. Research has shown that only 5 pct of boardroom seats are taken by women, who mostly occupy part-time roles as non-executive directors.

Companies encourage women to apply for top jobs through a FTSE 100 cross-mentoring programme. This implies that a woman is being mentored by a chairman or chief executive from a rival company. The woman’s boss on the other hand has to mentor a female co-worker from the other company.

A recent study has shown that the presence of women in the boardroom has an impact on corporate governance, while it doesn’t have a significant influence on the company’s profits. Another study found that in times of crisis, the chance of a bankruptcy lowers by a staggering 20 pct when there is at least one female executive. (Guardian)

I believe that the cross-mentoring programme can really make a difference in breaking the glass ceiling. It helps women to overcome barriers, but it especially teaches the male co-workers to appreciate women in their working environment.

Furthermore, I find it remarkable to see that in times of crisis, women play an important role in maintaining the company's going concern. This could be resulting from the women's nature to create a risk-free environment.

Nathalie De Smet