Close X

Leave a comment


Name:
Email:
Comment:
  I have read and understand the terms and conditions
 

Please click the post button only once - your comment will not be published immediately

Corporate governance

Business Focus >>

The new manufacturers The new manufacturers

A great British renaissance has been taking place. From Aberdeen to the West Country, the zing is back in manufacturing. It’s about time this spectacular story was told.

  • hot
  • hot
  • hot 100

“State-imposed quotas won’t help”

by Kate Pritchard - Thursday, 12th June 2008 -

“State-imposed quotas won’t help”

Should the British government follow Norway’s lead and introduce “diversity quotas”, specifying that 40 per cent of all boardroom positions are held by women – and prosecuting firms that don’t measure up? “No way,” says CBI director general Richard Lambert.

“I’m instinctively opposed to quotas,” he told us at the Real Business/CBI First Women Awards event last night. “Businesses ought – in their own interests – to say to themselves ‘we want to be fishing for talent wherever it can be found’. And I don’t think state-imposed quotas help on that.

“Companies should have the common sense to realise that if they’re missing out on half the population, they’re missing out on a lot of good things," said Lambert, pictured above with Real Business publisher Mike Bokaie.

“Yes, you need regulation to prevent abuse and exploitation. But this stuff needs to come from the ground up, not the top down. “

Lambert admits that the CBI itself has “a lot of work to do to become a more diverse organisation” but says that supporting events such as the First Women Awards is an important step in that direction.

“There was an astonishing array of winners tonight,” he said, admitting that there were one or two of his old friends in the line up. “If Julia Cleverdon, chief executive of Business in the Community, hadn’t won the Public Sector award, I would have made a noisy protest!” he joked.

He was also impressed with BAE Systems’ Rosalind Murray, winner of the Manufacturing award, who told the audience she wanted to “make a difference to the way submarines are built”.

“I was thrilled to be sitting next to Baroness Boothroyd [the first female Speaker of the House of Commons],” he said. And she regale him with any parliamentary anecdotes? “None that I dare repeat,” he quipped.

Lambert believes that businesses are getting better at recognising the value of diversity but said “there’s still a lot to be done – and there’s still a pay gap”.

For more information about the First Women Awards and details of all the winners, click here.

BUSINESS NEWS >>

"Don't let the market be your boss"

By Kate Pritchard - October 06, 2008 5:57pm GMT

Serial entrepreneur and investor Maxwell Packe says private equity-backed firms have an edge over publicly listed companies. “They don’t have to meet targets set by teenage scribblers,” he says.

“Why bother with an IPO?” asks Audio Network founder

By Rebecca Burn-Callander - October 06, 2008 3:20pm GMT

Robert Hurst raised £600,000 of seed funding from 40 music composers, sound designers and angels to get his online sound and music portal off the ground. Having organised his own private IPO, he’s suspicious of the traditional listing process.

Five ways to avoid redundancies

By Real Business - October 06, 2008 12:31pm GMT

You’re in a pickle. You desperately need to cut your employee wage bill but you’re reluctant to make redundancies. Fear not. We’ve come up with some alternatives to swinging the scythe.

“Always accept a dinner invitation from an Asian client!”

By Rebecca Burn-Callander - October 03, 2008 5:29pm GMT

Kamel Hothi arrived in the UK when she was six. As a girl raised in a traditional Indian family, she was never supposed to work, pursue higher education, or even make eye contact with men. Yet now she’s director of Asian Markets at Lloyds TSB, opening up opportunities for hundreds of women just like her.

Good growth for Ted Baker

By Catherine Woods - October 03, 2008 10:43am GMT

Ted Baker founder Ray Kelvin says the clothing retailer remains “understandably cautious” about the second half of the year despite posting a 8.2 per cent increase in revenue to £71.6m.


BUSINESS COMMENT >>

Follow the brothel's lead

By Catherine Woods - October 03, 2008 3:58pm GMT

If you’re not an Australian, you may not find the following article as amusing as I have.

Economic downturn headlines

By Catherine Woods - October 02, 2008 2:41pm GMT

There’s more doom and gloom in the news today about the economic downturn.

Deal or no deal

By Kate Pritchard - October 01, 2008 3:43pm GMT

Jon Moulton wasn’t exactly exaggerating when he told us the outlook for the private equity industry was gloomy.

Russell Crowe's big banking idea

By Catherine Woods - October 01, 2008 12:01pm GMT

Russell Crowe tries, and fails, to fix Wall Street.

Eco-preneurs in the US

By Catherine Woods - September 26, 2008 5:14pm GMT

It’s always interesting to hear what’s happening within the entrepreneurial community across the pond and an article published today has revealed the growing eco-preneurial movement within the travel and hospitality sectors.


Click here to sign up for the Real Business newsletter
Real Business Front Cover