why we need women on corporate boards
TRANSCRIPT
Why do we need women on corporate
boards?
Women held only ONE in FIVE board seats at S&P 500 companies in 2015
Based on current numbers, if the rate of women joining boards DOUBLED it would still take FORTY YEARS for there to be gender equality on boards.
So what are companies are missing? Why is it so important to have women on boards?
#1 Diversity Breeds Creativity
Women bring diversity by:
• Bringing different perspectives to the table that can result in better decision-making• Adapting easily to
changes• Providing intuitive
thought, critical listening skills, and memory
#2 Workers represent constituents
Boards of directors have vital impacts on the company and the community, so it is important that the board members are representative of the company’s constituents.
#3 Women on boards lift up other women
Women on boards…
• Create opportunities for women throughout the organization• Increase the likelihood of a woman becoming CEO• Increase the success of a woman CEO• Create talent pipelines• Act as role models• Open the door for women in high-level positions
So why do we need women on corporate
boards?It just makes sense!