Women on Boards, Europe’s progress,
Spain Grupo Día
Societé Générale case
The crisis makes more relevant the need for parity and equality precisely due to women talent and abilities, more democratic, unifying, mediator, very experienced in balancing many responsibilities , taking faster decisions and agreements in a multidisciplinary win-win environment overcoming organizational, political and hierarchical barriers
Viven Reding, challenged European largest companies to adhere voluntarily to women equality in Management and Boards with quantitative objectives and dates, as of September only some 10 companies had signed
Women are “Good Business” in Business
There are studies that suggest a correlation between women participation in Boards and top management admin and better results for this companies vs. those that have less women. Mc Kinsey More profit, better risk management, better women talent recruitment and promotion programs
France, whose quota law passed in 2010, had the highest rate of increase in the percentage of women directors among their Fortune Global 200 companies -- from 7.2% in 2004 to 20.1% in 2011.
The second highest rate of increase for women directors belongs to Spain, whose quota for women directors passed in 2007. Its Fortune Global 200 companies improved women’s board representation from 1.9% in 2004 to 9.2% in 2011.