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megimoo
10-14-2009, 11:22 AM
Remove The Glass Ceiling or Have it Smashed

" FEMINEST P C COMES TO THE LAND DOWN UNDER !"

AUSTRALIAN companies should be given five years to increase the number of women sitting on their boards before government legislation forces them to do it....Take the poll ?

Federal Sex Discrimination Commissioner Elizabeth Broderick has outlined her vision to steer corporate Australia toward "the road to gender equality".Just 8.3 per cent of board members in the nation's top 200 companies are women - the same number as two years ago.

Ms Broderick said yesterday it was time for radical action to change that. She wants Australia's corporate governance rules to be changed to require top companies to set three- and five-year targets to increase the number of women on their boards.

They would have to report annually to the stock exchange on their progress in meeting those targets. If that failed to improve the number of women on boards within five years the government should introduce quotas, she said.

"Five years from now if nothing has changed we'll have to have quotas," she told The Daily Telegraph. "Only 8.3 per cent of board members are women and women make up only 5.9 per cent of the senior executive levels of ASX 200 companies and if that doesn't change, then I think we can make a good case for the imposition of quotas."Half of Australia's top companies have no female directors at all and Ms Broderick said while women were marginalised from leadership positions, the workplace would never change to take account of women's and men's roles as carers.

The commissioner said she had not yet determined at what level any quota should be set but added "the threshold would have to be significant enough to put us well on the road to gender equality". She said Norway introduced 40 per cent quotas a few years ago and companies that did not meet the quota by 2008 were to be delisted. Board seats held by women jumped from 6 per cent in 2002 to 41 per cent today.

Ms Broderick will make the case for quotas in her submission to the Government's review of the Equal Opportunity for Women in the Workplace Agency.
http://www.dailytelegraph.com.au/news/remove-the-glass-ceiling-or-have-it-smashed/story-e6freuy9-1225786853043
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Gingersnap
10-14-2009, 11:47 AM
Well, quotas always have a lot of problems, particularly quotas that don't have any set end-point. In terms of business, I think this effort is probably more or less pointless. Boards exist to make decisions that increase company profitability and decrease exposure to losses. Male, female, old, young, black, white, or periwinkle blue - the people who succeed on boards have the exact same mindset, skills, and experience as all the other people who succeed on boards.

Forcing companies to hire females in this capacity isn't a blow for "diversity"; it's a distinction without a difference. Hiring a women (or a man) preferentially should come with the expectation that the sexuality/genetic gender of the employee makes a difference in the outcome the company seeks.

If you don't expect (or even desire) a different outcome grounded in sex or gender issues, why would you bother at all? "Diversity" is a condition, not an end-point solution.

megimoo
10-14-2009, 11:54 AM
Well, quotas always have a lot of problems, particularly quotas that don't have any set end-point. In terms of business, I think this effort is probably more or less pointless. Boards exist to make decisions that increase company profitability and decrease exposure to losses. Male, female, old, young, black, white, or periwinkle blue - the people who succeed on boards have the exact same mindset, skills, and experience as all the other people who succeed on boards.

Forcing companies to hire females in this capacity isn't a blow for "diversity"; it's a distinction without a difference. Hiring a women (or a man) preferentially should come with the expectation that the sexuality/genetic gender of the employee makes a difference in the outcome the company seeks.

If you don't expect (or even desire) a different outcome grounded in sex or gender issues, why would you bother at all? "Diversity" is a condition, not an end-point solution.All it does is create a 'Token Incompetent 'who will impede the board in making any rational business decisions !

ExLiberal
10-14-2009, 08:02 PM
All it does is create a 'Token Incompetent 'who will impede the board in making any rational business decisions !

:D