The Core Metric of Competitiveness - Gender Balance on Executive Committees
20-first's WOMENOMICS 101 Global Survey 2010
- 20-first has published its second annual survey of the top global companies – the top Fortune 101 companies in the United States, Europe, and Asia.
- Focusing on a core gender balance metric, the report measures the balance on the Executive Committee – the top team that reports directly to the CEO.
- The report invites you to look deeper into companies, and use metrics that distinguish those serious about gender balance from the rest.
20-first's WOMENOMICS 101 Global Survey 2010 - KEY FINDINGS
- US Leads: The US leads the way, well ahead with 87% of American companies having at least one woman on their Executive Committee. While this analysis makes the US look light years more progressive than the rest of the world, we suggest that some savvy window dressing may be at work. Of the 1,230 Executive Committee members of America’s top 101 companies 193 are women, or 15%. The majority of these Executive Committee members are in staff or
support positions (139 out of a total of 193) such as HR, Communication.
- Europe and Asia Lag: In Europe, 44% of companies have at least one woman on their Executive Committees. However, only 7% of the total number of Executive Committee members of the top 101 European companies are women.
In Asia, 23% of companies have at least one woman on their Executive Committees. However, of the 734 members that make up the Executive Committees of Asia’s top 101 companies, only 20 are women (3%).
- Boards vs Executive Committees: Our figures show that the spread of government quotas on corporate boards in several European countries (Norway, Spain and France to date) seems to be encouraging companies to get some women onto their boards… but not yet into the crucial roles of operational leadership at Executive Committee level. We fear that this focus on Boards may have the unintended consequence of plucking a generation of women leaders from hands-on operational jobs.
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