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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.”
Wednesday, January 28, 2015
BY LINDA BAKER | OB EDITOR
What is the impact of the legal pot industry on carbon emissions? An NEBC energy forum breakfast makes the case for taking the new industry’s emissions impacts seriously.
Tuesday, January 27, 2015
Smartwatches are all the rage. But old-fashioned timepieces keep on ticking.
Friday, December 12, 2014
BY LINDA BAKER
A conversation with Oregon state economist Josh Lehner.
Thursday, December 18, 2014
BY JASON NORRIS | OB CONTRIBUTOR
The implosion of the energy complex: The best thing for low oil prices is low oil prices.
Thursday, January 15, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Consumers love the savings they get from low oil prices, but how has business been affected?
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.
Sunday, December 07, 2014
BY LINDA BAKER
On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.
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