Indian Women ahead (Indian Boards)


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Indian Women ahead (Indian Boards)

  1. 1. 2 AUGUST 2013 W men Ahead DIVERSITY CALLING Visiting Faculty: Sanjeev Bhatia Company Law.
  2. 2. Veena YV -Manager at Robert Bosch Engineering & Business Solutions, Bangalore "The mentoring session gave me the strong feeling that I could also get into a corporate board. This is really the right time to invest time and energy to move up the ladder by spending extra time," says Veena.
  3. 3. Mentoring program • Jointly held by DH Consultants (DHC) -Consultancy Firm Women in Leadership (WILL Forum)
  4. 4. India Inc ( a common term used to refer to the formal sector of the nation ) • Keen on building a pipeline of women executive directors.
  5. 5. • Corporates like TCS, Aditya Birla Group, Vodafone, also put fast- track women through the day-long mentoring program by DHC and WILL Forum. WILL Forum will train more than 100 women for board positions by the end of 2013.
  6. 6. Chitra Viswanathan -Vice-president in charge of offshore custom software development for Continental Europe at Capgemini • Involved in internal initiative ‘Winspire’ to promote gender diversity.
  7. 7. Jyoti Narang -COO, Taj Hotels. •Key speaker at the mentoring session. •Offered a three-way strategy to get noticed and move quickly to boards: "Increase your circle of influence by constant networking, become a domain expert and join a non-profit advisory board."
  8. 8. Ranjit Sahani - MD, Novartis "It's great to say that you are on the board of a company. But there are many responsibilities for a board member. There are many tough laws. You also have to learn the art of managing stakeholders." "Intellectual integrity, competence, ambition and drive are qualities that will help women succeed."
  9. 9. New Companies Bill • Seeks to create a provision for one woman member on every board • As of now, the number of women board members is less than 1,500. There will be a greater demand once the Companies Bill is cleared.
  10. 10. Statistics • Women accounted for 7% of all directors on BSE 100 companies in 2012, up from 5.5% in 2011 • In the US, women accounted for 17% of all independent directors in 2012.
  11. 11. Judith Pereira -Talent Management at Mahindra & Mahindra Ltd Project on Corporate India's sustainability in association with her company "Good work in an impactful area gets noticed. That is what I am trying to do," says Judith.
  12. 12. Women directors in India •Companies with more than one woman director.15.8% • Companies with women executive directors.9.27% • Executive director role held by women.3.31%
  13. 13. Long way to go, but India Inc is ensuring that we get there! Thank you