Tags: Boardroom

Engagement nine times more likely when employees trust the board

Effectory International’s study of 46 European multinational organisations has uncovered that board of directors (including C level) account for a ninefold difference in employee engagement and commitment. Insights gained from employee survey analysis reveal that when employees have confidence in the board, they are nine times more likely to be engaged in their work and…

Remaining 28 all-male FTSE250 boards urged to look again at female talent

Women representation on FTSE 100 boards continues to increase, but Business Secretary Vince Cable has cautioned that companies must not let up in their efforts to deliver 25% gender diversity to their boardrooms by 2015. On 2 October 2014, statistics show that: FTSE 100 – women’s representation on boards has increased to 22.8% – up…

Will Moynahan: The dynamic board – Good governance, better leadership

There is no doubt, the Enron and Worldcom scandals over a decade ago left their mark. In the intervening years, greater attention than ever before has been paid to the regulations, standards and initiatives of corporate governance of which Sarbanes Oxley and the OECD’s ”Principles of Corporate Governance” are amongst the best known. Corporate Governance…

The 2014 Cranfield Female FTSE board report launched today (26 March) reveals that the number of women on the boards of FTSE 100 companies has risen to 20.7% (from 17.3% in 2013) and 15.6% on FTSE 250 boards (from 13.3% in 2013). There are now just two FTSE 100 companies with all male boards, a…

One third of companies would replace their C-suite execs

Almost one third of companies would replace their C-suite execs if given the opportunity, according to the latest report among 23,000 senior leaders from member-based advisory firm CEB. Boards currently do not have confidence that incumbent leaders are competent to deal with new working practices. On top of the traditional skills of organising and directing employees and…

Darren Timmins: Are we really still talking about diversity?

Here at Otravida we believe that diversity helps to breed success. And following the news that Germany is set to implement boardroom gender quotas from 2016, we decided to look at the issue to see if this could provide the solution to the ongoing gender debate. It’s been found that businesses with even one third…

Call to give workers seats on company boards as way of increasing engagement

Allowing workers to sit on company boards would not only mean top executives’ pay was set at more reasonable levels, but would also encourage the long-term success of individual firms, as both employees and directors worked together in the best interests of company performance, according to two reports published today (Tuesday) by the TUC. The…

Just 3% of FTSE350 companies have female CEO´s now

Following the announcement that Burberry CEO Angela Ahrendts is leaving the company to take up the role at Apple, analysis undertaken by S&P Capital IQ reveals that this move means that there will now be only eleven female CEOs at FTSE 350 companies which means that just 3.14% of FTSE 350 companies have female CEOs. But one of…

Increasing numbers of women now on boards of large EU corporations

Efforts by corporations and governments around the globe have increased the number of women on corporate boards, however there is still significant room for improvement, according to the third edition of “Breaking the Glass Ceiling: Women in the Boardroom,” a report from Paul Hastings LLP, a leading global law firm (released today). Although the debate over the…