This 2005 book was
recommended to us by Philippa Reed, Chief Executive of the EEO
Trust. It's about how and why there are so few women in Boardrooms
and senior teams in the big companies and what can be done about
it. In the process, it also sets out the business case for why
Board Chairs, CEOs and their shareholders should care - a topic
close to Professionelle's heart, as many of you will know!
The authors use international research on women's progress to
outline the opportunity. They then colour it in vibrantly with
interviews with FTSE 100 and Fortune 500 Chairmen and CEOs, senior
women and Board Directors, and headhunters.
The book makes a great read both for more senior women who
aspire to Board positions, and also to younger women, helping them
confront "issues and barriers of which they as yet have no
inkling." For me, it was affirming to find a book full of the
issues we talk and write about at Professionelle.
Highly Recommended
There are three good reasons to read this book:
- The interviewees, speaking anonymously, tell it like it is, in
PC-free terms. The Boys Club, the Queen Bee syndrome, they're all
here.
- It lists specific pipeline-priming actions that women and
employers can take
- The cartoons are excellent!
Demand Side
So what do the "Kings" - the highly influential males in the
largest firms - say about the dearth of women in the boardroom?
Several themes came out of these interviews:
- The imbalance is a supply problem, the Kings believe. They do
want women on their boards but they say they can't find them.
- Some want women on their boards because they believe women
bring different and valuable qualities like lateral thinking and
listening skills.
- The gender imbalance on boards is less surprising, they say, in
industries that are heavily male-dominated. Thus 14% of consumer
and retail board directorships are held by women, but only 3% of
industrials'.
- Women's careers are slowed (but not derailed) by babies and by
typically lower mobility. This affects women's progress in
multinationals who expect offshore experience in their top
executives and Board candidates.
Headhunters are often gatekeepers for Board appointments and
their section provides new perspectives on the demand side. The
headhunters deny only looking for Anglo-Saxon male candidates who
have run large businesses. As proof they point to the 'third
sector' boards (NFPs, charities etc) that are professionalising in
the UK, and are becoming a hiring pool they will consider. Academia
is another such new pool. Nevertheless, the continuing emphasis on
candidates who have had bottom line experience comes through
strongly in both the headhunters' remarks, and those of the women
directors who were interviewed.
The boards of major companies also are changing and this affects
the demand side, according to the headhunters. For example, as
boards shrink, the demand for board appointees from functional
backgrounds like HR and marketing, which are populated with women,
has reduced. On the other hand, appointments in the UK are
increasingly handled through Nominating Committees rather than only
the CEO, and this means "there's less recruitment going on 'in own
image'".
The headhunter section also contains a challenging but
refreshingly un-PC list of Do's and Don'ts for aspiring women
directors. A selection of three is in the sidebar below.
Supply Side
What do the women in the "marzipan" layer - that's the one just
below the board - say about the very slow progress of women through
the boardroom door? In short, they weren't surprised. When asked
what they thought the contributing factors were, they pointed less
to the need for flexibility and childcare and more to cultural
issues and women's own shortcomings.
One very interesting concept mentioned at this point comes from GE
Capital's women's network. They call it the PIE, based on P =
Performance, I = Image and E = Exposure. Together these are the
ingredients for what the GE network claims creates favourable
promotion decisions. The best mix, they believe, is:
- 10% Performance (because everyone performs)
- 30% Image (ie being known to be capable)
- 60% Exposure (ie simply being known)
Women are not good at the E. We tend to undersell
ourselves. We're not that confident. And we sometimes develop
coping strategies early in our career for being a woman in a man's
world that can backfire on us as we get more senior.
The confidence and self-promotion issues were recurrent themes
throughout the book. "It's a combination of some men not letting
women in and women discounting themselves. Men do things that are
high profile, rather than things that need doing. Women pick up so
many low-level tasks they don't have time for higher level
tasks."
So What Works?
The book makes recommendations for priming the pipeline and many
of them will be familiar to readers at Professionelle. The list
below contains practical steps that either the organisation or
women themselves can undertake to increase women at the top:
- Measure it! Numbers give shape and focus, though as Unilever's
Global Diversity Director says, "The numbers get it started but
don't get it going."
- Top support - finding the right sponsor for the gender
diversity campaign. Note: it isn't necessarily the most senior
female, especially if she's loathe to admit to any gender barriers
on her path to the top!
- Executive coaching - this is for the most senior levels that
warrant the investment. Self deprecation and an apparent lack of
self esteem are issues the book describes as commonly tackled by
senior women in these sessions.
- Mentoring programmes and role models - a cross company
mentoring programme is proving successful, perhaps reflecting the
fact that the differences in the area near the Board are less
between companies than the differences between different levels in
the same firm.
- Career development programmes - increasing women's confidence
to step up to stretch assignments through interventions like group
discussions about career planning, self confidence and male-female
communication styles.
- Childcare and flexible working - good provisions in this area
are table stakes for attracting highly talented female staff these
days
- Women's networks - a way for women to create connections to
offset their lack of interest in "political" activities and receive
personal and professional development. Also a way for them to
contribute to the firm's marketing insights (eg Ford and aspects of
car design).
One other critical intervention is to change the culture. The
authors are talking here about:
a barrier that consists of assumptions and habits
embedded so deeply in cultures and business processes that they are
below the threshold of conscious awareness.
A telling story in the book is of the manager group brought
together to discuss diversity. They were split into gender groups
and asked to describe "what it's like being a man (or woman - as
appropriate) in the company today." The women were soon scribbling
away, the men were perplexed.

The question made no sense to them because, like fish in water,
they were so in tune with their environment they struggled to gain
any external perspective on it.
Women's experiences, of course, are typically the opposite. At
this point the book provides a rather painful list of
micro-inequities - the little unfair actions that, singly, are not
worth making a fuss about, but that add up to a frustrating and
alienating environment for ambitious women. Simply being able to
put a name to such discourtesies, however, helps women (and men)
express and address them. So does recruiting sympathetic male
allies.
The journey to a changed culture is long, of course, and the
book only skims the process. This may explain the authors' latest
book…
Stop Press
In 2008, the authors published a follow up book, entitled A
Woman's Place is in the Boardroom: The Roadmap. The new book
is described as a practical guide for how to apply the theories put
forward in the first book. Certainly the 2005 book did not have
room to investigate the prescriptive recommendations in depth,
especially in the area of long term cultural change. I haven't read
this later book but it seems a logical progression of the
ideas.
Comments and Recommendations
If you have read either of these books, please let us
know what you thought.
This book was published by Palgrave MacMillan in 2005 and is available at Amazon
© Professionelle Ltd 2009