Women still account for fewer than 5 per cent of the chief executive positions in the US, UK and Europe, according to new research that suggests efforts to diversify corporate leadership may be stalling.
The study by Heidrick & Struggles, an executive search firm, found that women held 4.9 per cent of the top roles across 13 countries, with female representation in the chief executive position ranging from 6.9 per cent in the US to zero in Denmark and Italy.
In some countries, the percentage has fallen in the past year. In the UK, the number of women holding FTSE 100 chief executive positions has slipped from seven to six, just below the number of CEOs named Dave or David. The number of FTSE 350 chief executives dropped from 15 to 12.
> Read the full article on the Financial Times website
By Andrew Edgecliffe-Johnson
Source: Financial Times
“My biggest mistake is not recognizing the power of compounding and the ability for it to build wealth, and therefore, not investing early enough,” she says. “To me, if there is one thing that can change our society, our economy, and the world, it is getting more money in the hands of women.
Indigenous Americans make up less than 1% of board members for major, publicly traded businesses, according to DiversIQ analysis. Only five people among the 5,537 board members for the S&P 500 identify as fully or partially American Indian or Alaska Native.
These three questions can not only play a pivotal role in strengthening an organization’s DEI culture; they can also serve as team-building exercise. The process of evaluating one’s understanding of DEI principles promotes open discussions, knowledge sharing, and alignment within the team.