Gareth Osborne, Director General of APA, has welcomed the publication of Lord Davies' review, Women in the Boardroom, which calls for firms to adopt voluntary targets in order to achieve a minimum of 25% female representation on boards by 2015.
Gareth said: "Everyone involved in the governance of British firms now needs to step back and recognise that there needs to be a fundamental shift in established perceptions of what a great board member looks like. That is the only way we will ensure we get to and beyond the 20% target swiftly and in a sustainable way.
“Jackie Orme of CIPD put it well when she said that meeting Lord Davies' objectives must be about more than skirts on seats. Board members should continue to be appointed on merit - but the definitions of what constitutes 'merit' has to be revised. We need to get better at drawing from non-traditional sources and the benefits of that approach will extend far beyond getting more women around the table. It holds out the prospect of generating a vibrant new generation of board members, capable of challenging orthodoxy, banishing group think, and generating more sustainable growth for their firms.”
"By seizing this opportunity to challenge established norms, we'll do so much more than just ensuring women are allowed to make up the numbers. Lord Davies has created a platform we can build on - but everyone involved in the governance of our biggest firms now needs to step up and play their part."
Gareth said: "Everyone involved in the governance of British firms now needs to step back and recognise that there needs to be a fundamental shift in established perceptions of what a great board member looks like. That is the only way we will ensure we get to and beyond the 20% target swiftly and in a sustainable way.
“Jackie Orme of CIPD put it well when she said that meeting Lord Davies' objectives must be about more than skirts on seats. Board members should continue to be appointed on merit - but the definitions of what constitutes 'merit' has to be revised. We need to get better at drawing from non-traditional sources and the benefits of that approach will extend far beyond getting more women around the table. It holds out the prospect of generating a vibrant new generation of board members, capable of challenging orthodoxy, banishing group think, and generating more sustainable growth for their firms.”
"By seizing this opportunity to challenge established norms, we'll do so much more than just ensuring women are allowed to make up the numbers. Lord Davies has created a platform we can build on - but everyone involved in the governance of our biggest firms now needs to step up and play their part."
APA
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