Companies

Nov 27, 2012

Quota time? Women still missing out on board spots

Less than 10% of executive positions for ASX 500 companies are held by women, fresh data shows. Is it time for quotas or changes to remuneration?

Relying on the current pool of senior executives to fill future directorships is a problematic strategy for getting more women on boards, given almost two thirds of ASX 500 companies are still without any women in their senior executive ranks.

4 comments

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4 thoughts on “Quota time? Women still missing out on board spots

  1. Suzanne Blake

    A quota is BS. The best PERSON for the job should be selected. The rest is rubbish and a distraction

  2. iggy648

    I remember some years ago, Gail Kelly, at the time CEO of St. George Bank,was being interviewed by Alan Kohler on Inside Business, after she had won an award for excellence in banking or some such. He said “Before I ask about that, you’re a successful business womsn, how have you coped with the “boys club” and the glass ceiling for women in businiss?” Her reply, as I recall was, “Alan I’ve been in business for 20 years, and I’ve never experienced either of them”. (This is just my memory – to be accurate, check with Alan or Gail). The point is, I think, if you want more women in the top echelons, the way is not to ask for more handouts, but to study women like Gail Kelly.

  3. iggy648

    typos: woman and business, sorry!

  4. iggy648

    OMG, I agree with Suzanne Blake!

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