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|Articles - November 2011|
|Wednesday, October 19, 2011|
Page 2 of 7
Companies also need more diverse boards for image purposes and to better understand the needs of an increasingly complex and diverse workforce and marketplace. “If you’re sitting on a board where the customer base or buyers are female, you’d have a very difficult time understanding your market with an all-male board,” says Kirby Dyess, principal of Austin Capital Management, a former Intel vice president and a member of PGE’s board of directors. She cited the utilities industry as an example of such a “diversified” sector.
Companies with a critical mass of female board members also tend to hire more female corporate officers than companies without women on the board. According to another Catalyst report, companies with at least 30% women board directors in 2001 had on average 45% more women corporate officers by 2006, compared to companies with no women board members. In both the financial performance and corporate officer reports, the key number of female directors appears to be three. “That’s the magic number where change actually happens,” says Boughton. Oregon’s women executives agree. “When you have more than two women on a board, there’s an additive effect; you have more confidence to speak out,” says Patricia Moss, chief executive and chair of the Bank of Cascades and one of three women who sit on the board of MDU Resources Group, a Fortune 500 company based in North Dakota.
Only four of the 46 public companies in Oregon have at least three women serving on their boards of directors: Nike, StanCorp, Albina Bank and Schnitzer Steel. There are only two companies with female chief executive officers — Schnitzer and Bank of the Cascades. Both have at least one woman on their boards.
Monday, September 29, 2014
BY LINDA BAKER | OB EDITOR
Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.
Tuesday, August 26, 2014
BY JESSICA RIDGWAY
September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Wednesday, August 27, 2014
BY LINDA BAKER
Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together.
Thursday, August 28, 2014
OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.
Wednesday, August 13, 2014
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
Thursday, September 25, 2014
BY LORI TOBIAS
Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
Bank of America partners with nonprofits to create opportunities for women and drive economic growth.
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First Call Resolution targets employee well-being and client satisfaction.
The Oregon Entrepreneurs Network (OEN) is pleased to announce 12 finalists—from a record number of 67 nominees—for the 2014 OEN Tom Holce Entrepreneurship Awards
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