Comments on: Equalité for All – France Considers Boardroom Quotas http://www.theglasshammer.com/news/2010/01/14/equalite-for-all-%e2%80%93-france-considers-boardroom-quotas/ The Glass Hammer is an online community designed for women executives in financial services, law and business. Visit us daily to discover issues that matter, share experiences, and plan networking, your career and your life. Get a new job right here! Thu, 09 Feb 2012 21:51:18 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Paul http://www.theglasshammer.com/news/2010/01/14/equalite-for-all-%e2%80%93-france-considers-boardroom-quotas/comment-page-1/#comment-8258 Paul Wed, 16 Jun 2010 08:18:18 +0000 http://www.theglasshammer.com/?p=4014#comment-8258 It is simply untrue that increasing the number of female board members leads to a more profitable company, and indeed the only study to have been done on the impact of the quota system in Norway (conducted by the University of Michigan) showed the effect to be a loss of profit; especially at first, but even in the long-term. It's socialism run amok, and shame on anyone who thinks she can get to the top by any other means than hard work and merit (and not the imagined innate value of being female!) It is simply untrue that increasing the number of female board members leads to a more profitable company, and indeed the only study to have been done on the impact of the quota system in Norway (conducted by the University of Michigan) showed the effect to be a loss of profit; especially at first, but even in the long-term.

It’s socialism run amok, and shame on anyone who thinks she can get to the top by any other means than hard work and merit (and not the imagined innate value of being female!)

]]> By: Why Accountability is What Matters: Achieving Critical Mass with Targets or Quotas » The Glass Hammer http://www.theglasshammer.com/news/2010/01/14/equalite-for-all-%e2%80%93-france-considers-boardroom-quotas/comment-page-1/#comment-5949 Why Accountability is What Matters: Achieving Critical Mass with Targets or Quotas » The Glass Hammer Thu, 21 Jan 2010 11:02:07 +0000 http://www.theglasshammer.com/?p=4014#comment-5949 [...] recently followed with a quota-based approach. And the UK is discussing quotas as a possibility with most people [...] [...] recently followed with a quota-based approach. And the UK is discussing quotas as a possibility with most people [...]

]]> By: Jen http://www.theglasshammer.com/news/2010/01/14/equalite-for-all-%e2%80%93-france-considers-boardroom-quotas/comment-page-1/#comment-5909 Jen Fri, 15 Jan 2010 00:11:17 +0000 http://www.theglasshammer.com/?p=4014#comment-5909 Women at sphinxx believe that it is time for quotas. Women have been politely taking on board the feedback about the experience, expertise and networking they need to do to get into the top jobs for decades now... to little effect. Macchiavelli said all those years ago that those with the power will never voluntarily give it up. So why would the men who dominate business step aside for women? We know that organisations with more women in leadership roles produce financial results up to 35% stronger - so why don't the shareholders insist on diversity? Because the Institutional Investors are dominated by men at the top who are threatened by the idea of diminishing their power. Organisations have also spent millions on women's programs in the past... again with little result. Targets won't do it; we need quotas like Norway to force the shift. And like Norway, we will find that there are in fact plenty of women qualified for board and executive positions. And we'll also see that getting more women into leadership roles encourages more women to get there too. Women at sphinxx believe that it is time for quotas. Women have been politely taking on board the feedback about the experience, expertise and networking they need to do to get into the top jobs for decades now… to little effect. Macchiavelli said all those years ago that those with the power will never voluntarily give it up. So why would the men who dominate business step aside for women? We know that organisations with more women in leadership roles produce financial results up to 35% stronger – so why don’t the shareholders insist on diversity? Because the Institutional Investors are dominated by men at the top who are threatened by the idea of diminishing their power. Organisations have also spent millions on women’s programs in the past… again with little result. Targets won’t do it; we need quotas like Norway to force the shift. And like Norway, we will find that there are in fact plenty of women qualified for board and executive positions. And we’ll also see that getting more women into leadership roles encourages more women to get there too.

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