Women on Boards: A move that pays off

1
Employee Appreciation Productive
Recognition Reasons why Excel may not be the best
option for managing organizational workforce 8
Cons of using excel spreadsheets in hr
2
Evolution of SpreWadhsahteIetss Em-
AploqyuiceekAtpimpreeli
nciaetion
3
(No Transcript)
4
(No Transcript)
5
(No Transcript)
6
(No Transcript)
7
(No Transcript)
8
(No Transcript)
9
Cake HR - Your HR. Simplified.
10
Top 6 Perks of Having Women Leaders for Top
Executive Seats A move that is paying off huge
11
1 Improved Decision Making
12
2 Foster the principle of inclusiveness
13
In financially stressful situations, the
consensus building abilities of women leaders
comes to rescue, helping the companies cope and
perform better
14
3 Cohesive Work Culture
15
4 Reflects progressive image of company
16
Several rating agencies and investment
funds use the extent of Gender Diversity
Reputation as one of the investment criteria
17
5 Better insight into buying trends
18
Women drive approximately 70 purchase
decisions by the consumers in European Union and
80 of them in United States
19
6 Better Stock Performance
20
In fact, the opportunity cost for all
male-boards in US, UK and India combined stood at
a staggering US 655 billion. They were clearly
outperformed by gender diverse boards.
21
Though the perks are a clear testimony to
the fact that women leaders at board level ensue
business profits, the adoption of idea is still
lagging due to mindset challenges.
22
Challenge 1 Women at top are generally
entrusted with non-executive roles. Very few are
in-charge of key positions that actually matter
23
Challenge 2 Quota system of ensuring
minimum percentage of female board members has
met with criticism from multiple quarters
24
Things that hinder success of quota system
include Lower Percentage earmarked for women
leaders, no stringent guidelines and in some
cases appointment of under qualified female
candidates due to quota pressure
25
Challenge 3 Existence of the Golden
Skirts phenomenon where a single woman occupies
multiple board seats due to dearth of required
competent talent or due to government mandate.
This has been looked down upon by industry experts
26
Challenge 4 Annual Pay of women has just
begun to equal the amount men were earning 10
years ago. Disparity in income for male and
female candidates is present across jobs and
sectors. This sometimes acts as a discouragement
for business women to take up higher
responsibilities
27
Challenge 5 Corporate notion held by
many male counterparts that female entrepreneurs
cannot do justice to their roles owing to
familial responsibilities
28
These challenges deter the momentum of
women leadership gaining ground at the board
level. However, industry experts be- lieve the
scenario is sure to change as more women led
success stories come to the forefront.
29
Way Forward for Women Business Leaders
30
This journey can be completed faster with
the 30 goal being achieved by 2020 if following
2 mechanisms are consideredAc- celerated
Conversion Doubles the proportion of new board
seats taken by womenAccelerated Turnover -
Turnover of existing board seats could increase
making way for women
31
Inspiring Examples supporting Women
Leadership
32
(No Transcript)
33
(No Transcript)
34
(No Transcript)
35
(No Transcript)
36
Final Words
37
Cake HR - Your HR. Simplified.