Friday, June 16, 2006

Women on Boards: Why would you do it?


Why should we have more women on Boards? And if diversity really does have a legitimate place in governance, how can this best be achieved? The challenge here of course is to try and quantify the connection between diversity and performance, but diversity's contributions to date have been difficult to measure. The anecdotal evidence however, is unlimited, and often quite convincing. Yet the collective corporate boardroom has dragged its feet in embracing diversity. Why?

It seems that for some people diversity is something to be tolerated and is even seen as an initiative that may stand in the way of easily accomplishing board tasks and board unity. One outdated justification for all male boards is the perception that they have an advantage in being homogenous by achieving board solidarity and "unity" more easily as it relates to a shared purpose, values, goals. This rationale of bringing on like minded people that can get along with the rest of the team and not rock the proverbial boat is usually disguised as being an issue of "fit".

See full Article.