Friday, October 20, 2006

Women urged to help each other on to the board


Women who aggressively support each other are more likely to earn their passage on to corporate boardrooms, a U.S study has suggested.

The national survey of women board directors was conducted by recruitment firm Heidrick & Struggles International and women's network Women Corporate Directors and polled 77 women board directors at 165 public companies.

"The good news is Heidrick & Struggles has seen an increase in the number of director searches targeting women across the U.S.," said Ted Dysart, H&S managing partner, Americas.

"However, the reality is that women still lag far behind their male counterparts," he added.

The 15 per cent of Fortune 500 corporate board seats held by women in 2006 was an increase of less than 1 percent since 2003, he pointed out.

See full Article.