Why We Need Women on Corporate Boards
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Transcript of Why We Need Women on Corporate Boards
![Page 1: Why We Need Women on Corporate Boards](https://reader035.fdocuments.in/reader035/viewer/2022081513/58e762791a28ab4a278b5db1/html5/thumbnails/1.jpg)
Why do we need women on corporate
boards?
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Women held only ONE in FIVE board seats at S&P 500 companies in 2015
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Based on current numbers, if the rate of women joining boards DOUBLED it would still take FORTY YEARS for there to be gender equality on boards.
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So what are companies are missing? Why is it so important to have women on boards?
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#1 Diversity Breeds Creativity
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Women bring diversity by:
• Bringing different perspectives to the table that can result in better decision-making• Adapting easily to
changes• Providing intuitive
thought, critical listening skills, and memory
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#2 Workers represent constituents
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Boards of directors have vital impacts on the company and the community, so it is important that the board members are representative of the company’s constituents.
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#3 Women on boards lift up other women
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Women on boards…
• Create opportunities for women throughout the organization• Increase the likelihood of a woman becoming CEO• Increase the success of a woman CEO• Create talent pipelines• Act as role models• Open the door for women in high-level positions
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So why do we need women on corporate
boards?It just makes sense!