Are Women Advancing in the Corporate Boardroom?

Find out what female board directors thought in this first-of-its kind Survey:

   
1. According to CWDI’s 2007 Report, 11.2% of board seats are held by women in the 200 largest companies in the world, the majority of which are U.S. and European corporations. Does this finding surprise you?
Yes    14%
No   86%
2. If yes, do you feel that there has been progress in the inclusion of women on corporate boards?
Yes   50%
No   50%
3. If yes, to what do you attribute this progress?
More women senior executives who are board ready   31%
Greater willingness on the part of corporations to include female directors.   31%
Pressure from women’s groups.   23%
Sarbanes/Oxley’s emphasis on more independent directors.   15%
All of the above.   38%
Other, please specify   46%

 

 
4. If you are not surprised at the results of this latest report on women directors, what do you think accounts for the low percentage still of women on boards?
The pool of qualified women who are board ready remains small.   10%
Continuing resistance to board diversity from male-dominated corporate culture.   44%
Board recruitment remains basically within a close ‘club’, despite the proliferation of nominations/governance committees.   75%
Women themselves not including board directorships in their business career plans.   15%
Many female achievers not visible to male CEOs and board directors.   66%
All of the above.   15%
Other, please specify   10%
 
5. What steps do you recommend to improve board composition in today’s environment? (Check all those that apply):
CEO commitment to include women on boards.   79%
Governance and Nomination Committees to proactively recruit women in their pool of board nominees.   87%
Continuing coverage of the business media on this issue.   59%
Influencers – women’s groups, business schools -- to continue pressure on boards to be more diverse.   65%
Mentoring of senior executive women by current directors.   71%
Other, please specify   17%
 
 
 
     

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