Virginia Rometty is new Chief Executive of IBM. Since 1st of January she took over her new responsibilities and therewith, is the first female CEO of one of the largest technology companies in the world. This example is a rarity – not just for Corporate America. Currently there are only 12 female CEOs/Presidents in the Fortune 500.
Posts Tagged ‘quota’
Women in Business
Gender is no argument for business success
Thursday, November 17th, 2011 by Astrid Bosten
The arguments for women in top management from an investor’s point of view sounds quite reasonable: Women are less likely than men to suffer self-esteem. They also do not suffer from activism, so make fewer transactions and thus save costs. Furthermore, bringing new ideas and perspectives as well as more empathy for the staff and a family-friendly attitude towards the needs of employees are other positive effects correlated with female managers.
International Ambassadors
Quota in Italian Politics
Thursday, August 11th, 2011 by Ilaria Cantu
Women generally have many difficulties to emerge in politics: only 21 percent of Italian Members of Parliament are women, and only 800 mayors in Italy are women. (Italy has 8000 mayors in total).
Despite a law which establish that in the administrative team of each mayor, men a women should be well represented, in many cities this criteria hadn’t been always followed.
Recently the mayor of Rome has been obliged to nominate more women in his executive team. This example has been reported by many newspapers and had been then followed by other cities: from Sardegna to Puglia.
“Too often the presence of women in the Italian government represents a symbolic gift and not the necessary contribution of a group which represents the half of the population”, says Serena Sapegno, an activist for an Italian women representation.
The way to change Italy’s political set up is still quite long but this is a concrete example of how quota in politics could help all citizens to be better represented and women to make hear their voice!
International Ambassadors
New Code – Women on Boards in UK
Friday, July 29th, 2011 by Diane Humphrey
Nineteen of the top executive search firms in the UK have agreed a code of conduct to promote female board appointments. This code is in response to the Lord Davies report published in February 2011.
The code contains seven principles, one of which is that search firms should ensure that at least 30 percent of the candidates are women and if not should explicitly justify to the client why they are convinced that there are no other qualified female options.
Read the article published in people management magazine.
International Ambassadors
Italy introduces Women’s Quota / Italien führt Frauenquote ein
Tuesday, May 3rd, 2011 by Ilaria Cantu
After two years of discussions the Italian Parliament approved a new law that establishes that as of 2015, 30% of board members of Public Companies should be women. (from 2012 to 2015 a transitional period will allow companies to become progressively compliant with the new law: e.g. in 2012 a 20% quotas should be attained.)
The law is meant to be temporary, in fact it will be applicable for 9 years, the time considered necessary to compensate the actual lack of women in top positions (the so called Glass Ceiling Effect).
1.700 CV have already been collected by Fondazione Belisario and the Head Hunters Heidrick&Struggles and Beyound International and after the screening 1.300 candidates resulted with the right skills and experiences to take over the board challenge.
It’s the first affirmative action ever applied in Italy, here below the comment of Lella Golfo, the politician which fight for the success of this proposal: “It was hard, many women were against my proposal but I believe that without this, the way to equal opportunity would have been too long. If the country wants to grow we cannot grant this without including women!”
After 2 years of discussions the Italian Parliament approved a new law that establishes that as of 2015 30% of board members of Public Companies should be women. (from 2012 to 2015 a transitional period will allow companies to become progressively compliant with the new law: e.g. in 2012 a 20% quotas should be attained.)
The law is meant to be temporary, in fact it will be applicable for 9 years, the time considered necessary to compensate the actual lack of women in top positions (the so called Glass Ceiling Effect).
1.700 CV have already been collected by Fondazione Belisario and the Head Hunters Heidrick&Struggles and Beyound International and after the screening 1.300 candidates resulted with the right skills and experiences to take over the board challenge.
It’s the first affirmative action ever applied in Italy, here below the comment of Lella Golfo, the politician which fight for the success of this proposal: “It was hard, many women were against my proposal but I believe that without this, the way to equal opportunity would have been too long. If the country wants to grow we cannot grant this without including women!”
Best Practices
Female Quota – punishment for women? / Frauenquote – eine Strafe für die Frauen?
Monday, May 2nd, 2011 by Astrid Bosten
Having more women within the boards as well as within the supervisory boards – that is the current claim of politics in Germany. Since the beginning of the year the debate concerning a fixed quota for women in leading positions – especially for women in leading positions within DAX companies – has been in full swing again. The discussion is urged by an interaction of media and politics that espouse justice as well as equal opportunities for women.
But there is one question still remaining: Would a quota actually lead to more justice and equal opportunities? Are there any reasons that speak against a quota at all? Absolutely! The promotion prospects of women within economy would be compromised in the long run. This is the statement of Eggert Voscherau, Chairman of BASF in an op-ed article of Financial Times Germany. He says that within chemical industry, for example, a legal quota was condemned to failure: In this field one needs to have scientific and technical skills for the majority of managerial functions. Young women still have not been eagerly interested in the so-called Mint-professions (mathematics, informatics, sciences, engineering jobs) and the share of women in these disciplines is no more than one third. Economy has been trying hard to arouse the young women’s interest for this sector in recent years but such a “cultural change” takes time. For this reason it was senseless to enforce a legal quota for chemical industry. Politics should rather convince more women to attend scientific advanced courses as well as Mint-courses at universities and at college in order to solve the problem. Furthermore, it seems that politics ignores the managerial responsibility that is very challenging within the executive floor. It is very hard for top manager to co-ordinate their professional with their private life. Therefore, management personnel should be comprehensively prepared for the challenges that occur in the highest league of economy, and this preparation would take several years. This fact speaks against a quota as well because there were many people who would fail if they were not properly prepared.
Meanwhile it became a given that the companies support women because they recognized that female managerial skills are of high importance for the business success. A fixed quota would probably arouse the prejudice that there are only female leaders within certain positions because of the quota and not because of their skills. That might bring the positive development of recent years into question and might affect the acceptance of women in leading positions.
Thus, Vorscherau’s predominant question is: Wasn’t it better if politics contributed to better reconciliation of family and career? If there were better opportunities of reconciling family and career within the early career stages it would be easier to shape one’s career and to advance to the upper management. The reconciliation of family and career is not that important to board members because in most cases their children have already finished their education and have grown up. Therefore, politics should implement more day-care centres and more all-day school places and should cope with reasons instead of coping with consequences. The companies have realized that it has a positive effect on the competition within economy to recruit more women. Therefore, politics should realize that using a fixed quota without a substantial basis for achieving the goals is counterproductive. [DE]
















