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Management 13th Edition by John Schermerhorn,Daniel Bachrach
Edition 13ISBN: 978-1118841518Management 13th Edition by John Schermerhorn,Daniel Bachrach
Edition 13ISBN: 978-1118841518 Exercise 20
THINK BEFORE YOU ACT
"Some men over 60 think... women can't take the pressure involved in serving on a board."
Europe Turns to Quotas to Get Women on Boards
T he consulting firm McKinsey Company reports that women are hired into more than 50% of professional jobs in America's largest corporations. But they gradually leak from the career pipeline. Women hold just 16.9% of director positions on Fortune 500 corporate boards. Data from Europe are worse-13.7% of board seats are filled by women. Diane Segalen, senior executive at a Paris-based executive search company, says: "Some men over 60 think suitable females don't exist because they have never had women as their peers. They think women can't take the pressure involved in serving on a board."
Some European countries have turned to gender quotas to rectify this imbalance at the board level. British firms have been threatened with mandatory quotas unless the proportion of nonexecutive board seats filled by women rises to 25% in the near future. Norway, Spain, Iceland, and France have already set quotas of 40% female board members. In the United States, however, a Heidrick Struggles survey of boards shows that whereas 51% of females support quotas like those appearing in Europe, only 25% of males agree.
YOUR TAKE
Is underrepresentation of women on boards a "pipeline" problem-not enough qualified women available for these senior positions at this point in time Or, is it a "discrimination" problem-men at the top still aren't ready to open the doors to female candidates What are the ethics of setting gender quotas at the board level, top management, and the C-suite Are you willing to sit back and wait for change in female representation on boards Or do you support quotas to motivate faster positive action
"Some men over 60 think... women can't take the pressure involved in serving on a board."
Europe Turns to Quotas to Get Women on Boards
T he consulting firm McKinsey Company reports that women are hired into more than 50% of professional jobs in America's largest corporations. But they gradually leak from the career pipeline. Women hold just 16.9% of director positions on Fortune 500 corporate boards. Data from Europe are worse-13.7% of board seats are filled by women. Diane Segalen, senior executive at a Paris-based executive search company, says: "Some men over 60 think suitable females don't exist because they have never had women as their peers. They think women can't take the pressure involved in serving on a board."
Some European countries have turned to gender quotas to rectify this imbalance at the board level. British firms have been threatened with mandatory quotas unless the proportion of nonexecutive board seats filled by women rises to 25% in the near future. Norway, Spain, Iceland, and France have already set quotas of 40% female board members. In the United States, however, a Heidrick Struggles survey of boards shows that whereas 51% of females support quotas like those appearing in Europe, only 25% of males agree.
YOUR TAKE
Is underrepresentation of women on boards a "pipeline" problem-not enough qualified women available for these senior positions at this point in time Or, is it a "discrimination" problem-men at the top still aren't ready to open the doors to female candidates What are the ethics of setting gender quotas at the board level, top management, and the C-suite Are you willing to sit back and wait for change in female representation on boards Or do you support quotas to motivate faster positive action
Explanation
Verified
Verified
According to a report by Mckinsey and co...
Management 13th Edition by John Schermerhorn,Daniel Bachrach
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