Blog

This year will be a milestone for more equal boards

This article was originally written by Helena Morrissey and appeared in the Sunday Telegraph on 18th January 2015.

This year is a landmark year for those of us campaigning for a better balance of men and women on corporate boards: both the 30pc Club’s original aim to have at least 30pc of women directors on FTSE 100 boards and Lord Davies’ minimum recommendation of 25pc, have this year-end as our...

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I’m a convert to the value of executive education

What are you hoping for this Christmas? Something wrapped under the tree? Or something more original?

How about a gift worth £30,000? Two people will hear this week that they will get an unusual present: a place on the Senior Executive Programme at the London Business School.

I used to have mixed feelings about what is called “executive education”, ie courses offered by business schools of relatively...

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Ethnic minority targets – a follow up

We have received a number of queries about the initial blog in which we suggested that having another target may not be the best way to achieve further diversity from here.

As well as the exciting progress towards more women on boards that our original target (and Lord Davies’) has encouraged over the past four years, it is clear that there is now a very different view of what makes...

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Ethnic minorities on boards

We greeted the news that Vince Cable is to launch a drive to target 20% ethnic minorities on FTSE 100 boards by 2020 with mixed feelings. Setting more and more targets for companies, however well-intentioned, just leads to gridlock and possibly resentment. It is far better to keep going in the journey towards cultural change with a focus on improved corporate governance, than to overly socially engineer things by creating yet more targets.

The...

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Have the changes to company boards been radical enough?

During a briefing at the London School of Economics in November 2008 on the global market turmoil, the Queen famously asked the question on many minds: given that the financial crisis was so big, why did nobody notice it coming? Her host, Professor Luis Garicano, suggested: “At every stage, someone was relying on somebody else and everyone thought they were doing the right thing.”

A lack of accountability was clearly...

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Nurole makes it first FTSE appointment

Digital recruitment company Nurole has made its first FTSE appointment. It helped The Merchants Trust select Sybella Stanley, director at publisher Reed Elsevier, and political journalist Mary Ann Sieghart, as non-executive directors, making its board 40% female.

Nurole was set up this year by headhunter Susie Cummings and is shaking up the way that company boards select directors. Nurole registrants fill out an online form expressing their areas of interest. When a...

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The Evolution of the Board

We hosted a seminar in London last Thursday with the Davies Committee focused on the evolution of the board. The seminar gave perspectives of FTSE 100 and FTSE 250 Chairs and SIDs, board reviewers and fund managers, and was a real checkpoint on whether we need a more radical rethink about the approach to board effectiveness.

The UK has travelled a long way towards better boards, but we need to stand back and...

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The 30% Club Cross-Company Mentoring Scheme

Following the completion of the 30% Club cross-company mentoring pilot,we are delighted to be able to announce the roll-out of the full scheme for 2014-15. Nomura kindly hosted the launch event on their spectacular terrace overlooking the Thames, and the turn-out was testament to the 30% Club’s continued aim of reaching out to an ever greater number of organisations and women. A total of 22 organisations are signed up, including all 8 companies that...

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