Educating Business for Women Leaders
The on-going debate about women on boards confounds the Conscious Communications team.
Angela Merkel’s well publicised campaign to increase the number of German companies appointing women to senior posts is currently heading for a quota of 30% by 2020. Our own Vince Cable has said he’ll look again at quotas if the target of 25% female representation on boards is not met by 2015.
Of course there should be as many women on boards as there are men but the thought that laws should be put in place to ensure that this is the case seems at odds with the net required result: successful businesses and a thriving economy.
The central issue is one of discrimination and there is absolutely no doubt that women have been discriminated against for many reasons throughout history – employment is just one of the many arenas in which this discrimination has played out. Extremely capable women have been blocked from rising up the ranks of male dominated companies and there have been many widely publicised cases where salaries for female employees have been unacceptably low compared with male counterparts.
Culture and geography have also played a major role in women’s ability to achieve their potential in business. Internationally, women account for only 11% of all board positions: Europe has the highest percentage, with Norway, Sweden and Finland at the top of the league and US lagging way behind. This is despite the fact that up to 20% of the growth in US productivity in the past 50 years has been attributed to the inclusion of marginalised groups, including women, in the work force.
Looking at an industry close to our hearts, research has shown repeatedly that gender diverse executive teams demonstrate strong CSR performance. But men still dominate senior CSR roles in US. The GreenBiz 2011 salary survey found that two thirds of senior sustainability roles in large companies were held by men.
But are laws really able to impact on this discrimination? It’s a little like legislating to stop a playground bully – the act itself will not stop, it will simply become better disguised. No, the answer, we believe, lies not in legislation but in EDUCATION.
A recent article in the Independent cited a report showing that the average British CEO is a 53 year old male with a background in finance. Apparently 52% of CEOs have a finance or accountancy background; only 8% have a background in marketing or advertising – no comment from Conscious Communications on this statistic!
However and wherever a woman starts on her career journey, it can’t be avoided that if she is to have a family it is likely that she will have a career break of some length. In fast moving, ever changing industries like our own, even a short career break will require her to embark on a steep learning curve to catch up when she returns. Here, again, education is the key and Conscious Communications wonders whether investment in provision for training and CPD for women, enabling them to compete on a level playing field, would be a better use of government resources, than enforcement of legislation.
History has taught women that they can overcome adversity if they put up enough of a fight. There are enough great modern-day female role models to demonstrate what can be achieved. But, we believe that all self-respecting women in business want nothing more than to know they have earned their place in the business hierarchy, not achieved it by leapfrogging capable men to the role through the exercising of legal muscle. There’s no satisfaction or achievement in that.