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GBRW CW Corporate Leaflet_FINAL

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  1. 1. Join Global Board Ready Women Are you looking to improve business performance? Are you planning to improve gender diversity on your board?
  2. 2. How Global Board Ready Women can benefit your organisation Women are underrepresented in leadership roles, holding less than 20% of top board and government positions in many countries, yet companies with more diverse boards have proved to be highly successful. Women’s participation in decision-making leads to greater equality and can significantly impact on business growth and economic development. Global Board Ready Women is an international initiative to identify senior women executives and professionals and improve business performance through promoting diverse corporate governance. Started by the European Business Schools/Women on Board Taskforce, Global Board Ready Women is supported by the European Commission, Forte Foundation and the Financial Times Non-Executive Directors’ Club. The Commonwealth is working in partnership with Global Board Ready Women to increase the visibility of women business leaders from its member countries. The Global Board Ready Women Searchable Database can help boost your business success. Why join? • Searchable database of 8,000 vetted women executives and professionals • Easy access to the skills your organisation requires • Free membership while searching for candidates • Current information on pre-screened candidates • Representation from across the Commonwealth including small states and developing countries • Increased visibility for your organisation as part of this Commonwealth-wide initiative About the Global Board Ready Women Searchable Database This searchable database on LinkedIn provides executive search firms and organisations looking to make board appointments with a list of qualified women. Companies and recruiters can
  3. 3. easily search and identify those whose experience most closely matches their requirements and can contact them directly. Quality candidates All women registered as part of the Global Board Ready Women searchable database on LinkedIn must meet certain eligibility criteria. In compiling the database of Global Board Ready Women, candidates are reviewed against a robust selection process. Candidates should have at least five years’ experience in one or a combination of the following roles: • Chair and/or non-executive director of a listed or private corporation; • Chief Executive Officer, Chief Operating Officer, Chief Financial Officer or other C-suite executive or director-level appointment in a listed or private corporation; • Family member and controlling shareholder of board of a large family company; • Director of a government agency; • Director of a non-profit organisation; • Senior professional in an institutional investment community; • Senior partner in professional company serving a board and committee as a client; • Entrepreneur; • Leading academic with relevant experience. The value of women on boards Improved corporate performance Companies with the highest gender diversity teams see a much higher return on equity (10%), a higher operating result (48%) and a stronger stock price growth (70%) (McKinsey 2007). Better corporate governance Companies with more women on their boards see better corporate governance and ethical behaviour (Franke 1997). Competitive advantage Women can drive up to 70% of household spending decisions and can therefore bring knowledge to create products and services better tailored to customer need (Commonwealth Secretariat 2013). Investment in the ‘Third Billion’ A billion women will enter the global economy by 2020 and have the ability to add significant value (Booz Co 2012). Improved socio-economic status Investing in women leaders has a major impact on a country’s GDP and the welfare of subsequent generations (Booz Co 2012).
  4. 4. Contact us To gain access to the database to view long and short listings and for all enquiries, please contact the Group Manager: Heidi Gains, heidi.gains@ ft.com This group is administered by the Financial Times Non-Executive Directors’ Club. For more information about the group and how to join, please visit: http://www.linkedin.com/ groups/Global-Board-Ready- Women-4677558/about We are particularly interested in hearing from the following companies: • Listed companies • Non-listed private companies • Public corporations • Non-governmental organisations If you are a business school, university or professional organisation and would like to support this initiative through promoting the Global Board Ready Women searchable database to your alumni or by becoming a vetting institution please contact the Group Manager. Approved organisations will receive a unique code to give to women among their alumni to use when applying to the Global Board Ready Women searchable database. Supporting organisations will also be listed on the website www. globalboardreadywomen.com Companies may be contacted after securing a candidate to monitor the progress of this initiative. This leaflet has been produced in conjunction with the Commonwealth to increase women’s leadership for economic empowerment and gender equality www. thecommonwealth.org Commonwealth Secretariat Marlborough House Pall Mall London SW1Y 5HX United Kingdom

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