Women still have a long way to go to reach parity with men in the boardroom and should have certainly earned an opportunity to pursue directorships. Singapore aims to achieve the target of 20 per cent female board directorship in companies listed on the Singapore Exchange (SGX). That would mean 130 female directors will need to be added each year from now till 2020.
Does the gender of executives make a difference to business performance? Selected research shows that more and more, gender diverse boards are a business imperative as they perform better financially and have greater trust from investors. McKinsey, the management consultancy, has published research showing that mixed-gender boards outperform all-male boards. Separate studies found a positive relationship between the diversity of executive boards and returns on assets and investments among Fortune-listed US companies.
In this dynamic and competitive world companies need a fuller range of experiences and perspectives at the very top. People of different genders, from different parts of the world, and of different lifestyles, ages, beliefs, physical and mental health capabilities enable better business decisions.
The SMU-IE Business School Women and Future Ready Boards: Leading Powerfully in the Age of Disruption, Digital Transformation & Diversity programme is a 1-day programme that will equip aspiring directors with the knowledge to make an immediate positive impact in the boardroom. It will also provide insights to allow practicing directors to raise their skills and address the issues that are currently ‘hot’ topics in the boardroom. This programme will also serve as a common beneficial platform for women to discuss boardroom diversity topics among accomplished peers.
High-achieving senior female executives with strong performance and solid track record engaged in driving the overall strategic direction of their organisation and potential and capacity for serving on corporate boards.