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|Articles - November 2011|
|Wednesday, October 19, 2011|
Page 6 of 7In the U.S., business leaders seem to favor a market-based approach. “I think quotas are crazy,” says Johansen, reiterating the importance of getting more women into executive positions. Instead of mandating percentages, agrees Fowler, companies should provide board diversity training and publicly disclose the number of women in management and the boardroom. “That can move us to where we want to be,” she says.
In September, the National Association of Corporate Directors hosted a meeting in New York titled “Move the Needle: Diversity and Women in the Boardroom as a Strategic Business Imperative” that was organized around just those themes. Featuring 100 top corporate leaders, the meeting focused on increased networking and education for women interested in board positions, corporate diversity disclosures and greater board turnover.
Increasing female board participation may also require boards to consider candidates outside traditional industry sectors, says John Becker-Blease, an Oregon State University business professor. “I would argue for an inclusive view of board composition, to bring fresh revolutionary ideas to companies,” he says. Some corporations are leading the way. Between 1998-2008, the CEO of Texas Instruments crafted and implemented a plan to make female directors 40% of the board.
Since women now comprise 60% of the MBA student population, change may occur more organically at the other end of the corporate ladder, says Lee Koehn, a corporate recruiter in Lake Oswego. Growing attention to a board’s fiduciary responsibilities is also “leading the market away from a good ol’ boys network” and toward candidates with established competencies and experience, Koehn says.
But whether demographics, corporate initiatives and heightened scrutiny of company operations will be enough to counter prevailing forces remains to be seen. And until change does occur, Oregon’s business leaders must contend with the fact that only 11.5% of Oregon’s publicly traded corporate board positions are held by women.
Maybe there’s an upside, says former governor Roberts, noting the situation can be good fodder for public speaking. “When I would give talks to women’s organizations about our successes and failures,” she says, “I would make a joke: ‘I don’t even want to talk about corporate boards.’ You can always use that for a laugh.”
Thursday, June 26, 2014
Wednesday, May 28, 2014
More than 350 people turned out today for Oregon Business magazine’s sixth annual celebration of the 100 Best Green Companies to Work For in Oregon.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, May 29, 2014
BY KIM MOORE
Transportation accounts for the second-largest source of greenhouse gases in the U.S. (28% in 2012), and the use of renewable fuels, such as biodiesel and ethanol, is booming in light of state and national programs to make transportation fuels cleaner.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
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