Tuesday, May 29, 2012

Transparent appointment process vital for change

THE selection of competent women to join the governing ranks of the UK’s largest companies is being held back because they don’t “fit” with the mostly male boards, a new report out today reveals.

Selection processes ultimately favour candidates with similar characteristics despite awareness among chairmen and search firms that gender diversity needs to be increased at board level, the Equality and Human Rights Commission says.

Search firms have introduced a voluntary code of conduct and had some success at getting more women on long lists. But when it comes to short-listing and appointing, successful candidates tend to be those who are perceived as “fitting in” with the values and behaviours of existing board members, largely men.

See full Article.