I’ve been commissioned by the Glass Hammer to write a series of articles which examine the impact of the Davies Review into women on boards and look into what difference the report and its recommendations will really make to the careers of women in UK plc. The first article has just been published:
In February 2011, Lord Davies of Abersoch released his long-awaited report,Women on Boards, a review of female representation at senior levels in UK plc. It was handed to the Department for Business, Innovation and Skills and sets out recommendations on targets to improve the gender balance in business. It stopped short of recommending the introduction of mandatory quotas (as already seen in Norway and Spain) but suggests that FTSE 100 companies should aim to have at least 25% female board member representation by 2015 – an increase from the 12.5% reported in 2010.
Other recommendations include the requirement for FTSE 350 companies to set their own targets on female representation, that companies should advertise non-executive board positions in order to encourage greater diversity in applications and that headhunting firms should draw up a voluntary code to address gender diversity.
Read the rest of the article here.