Board up!

1 Apr

A workforce-related article to start your day:

Fox Business: Many Women Aspire to For-Profit Board Membership

Many women executives who currently serve on non-profit boards of directors actively aspire to serve on for-profit boards — where women currently are dramatically underrepresented — according to a survey released today by the Simmons School of Management (http://www.simmons.edu/som) in Boston.

But survey authors say that the growing number of organizations who want more women board members need to change their traditional search procedures. And women who aspire to board membership need to develop a concrete plan to be recruited…

Women comprise 51 percent of the U.S. managerial work force, but less than 15 percent of board membership of large, publicly traded U.S. corporations — despite research by Catalyst research and advisory organization showing that Fortune 500 firms with more women board members outperform those with very few women, on such measures as return on equity and return on sales.

Go for it, ladies!

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