In the annual 50 Highest Rated CEOs in Britain survey, carried out by company review platform Glassdoor, only four women made the final list.
Leadership diversity can have cultural benefit, but also a monetary one, as revealed by a new data analysis of board directors.
A topical debate in recent years has been the issue of female representation on boards. Company boards around the world are predominantly made up of male executives, with a very small proportion being female.
Who knows how many change projects actually fail? There are statistics from influential sources such as McKinsey, HBR, Towers Watson and Forbes indicating that the figure is as high as 70 per cent. Of course, others dispute that the figure is quite so high. But if you want to steer clear of failure entirely, do not neglect the board.
There’s a saying in business that sales managers typically create budgets using the "this year’s numbers plus 15 per cent" approach. I can say that from personal experience that is sometimes not too far from the truth and applies in companies of all shapes and sizes.
These days, while diversity on boards is to be applauded, it’s a concept that needs to be approached with caution if you’re an SME – it could result in your team resembling a glove with six fingers.
Companies are often more successful when each board member provides a diverse insight into critical issues such as globalisation.
Once regarded as back-office bean counters, FDs and CFOs have now emerged as key players in the boardroom and an important part of the governance process.
Financial scrutiny is an important role for boards to perform but meetings need to focus on the big picture.
In recent days, the business world and wider community has been rocked by news that the Co-op, regarded as a bastion of corporate citizenship and a standard-bearer for the mutual movement, reported record £2.5bn losses.
AES Engineering founder Chris Rea reckons one of the best ways to improve the quality of your managers is to create a board of directors.