The conclusion not to introduce quotas alongside the targets set for female representation on Boards is interesting. FTSE 100 companies have until 2015 to get to 25% female Board representation. This is very likely to be fulfilled through an increase in female NED appointments. Because the report highlights the crux of the issue in a great diagram on page 16, which every woman should have pinned by their bathroom mirror – the dearth of women in senior management and executive grades. Wise Boards will not need a quota to reach the 2015 target and crucially will also get on with addressing and fixing the lack of female talent in the executive cadre.
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