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European Business Schools / Women on Board Initiative announces Global Board Ready Women (GRBW) Searchable Data Base

Posted by Matthew Wood in Press

Created on Tue 11 December 2012 09:28

And tagged with: EFMD , EU , GRBW , Women on Boards , Diversity


gbrwGroup supports European Commission Vice President, Viviane Reding’s Call to Action to use all talents for Europe’s corporate boardrooms

In Cooperation with Financial Times Non Executive Directors’ Club, LinkedIn, and BoardEx

12/12/12.  Brussels, London, New York, Paris, Milan, Madrid, Barcelona, Cambridge, Lille, Berlin, Rotterdam, Istanbul, St. Gallen, Geneva, Lausanne, Mumbai, Hong Kong

The European Business Schools/Women on Board initiative of which EFMD is a founding partner has today announced at press conferences and via press releases around the world the formal establishment of the Global Board Ready Women (GBRW) searchable database to respond to global corporate governance needs for more gender diversity on publicly quoted company boards in Europe.

During the last year and a half, Europe’s leading business schools have been working with the European Commission and Senior Executive Women to produce a Call to Action (05 December 2011) Selection Criteria Guidelines and a growing list of now more than 8000 Board Ready Women (07 March 2012 and 19 June 2012).  This list of 8000 Board Ready Women is currently being migrated into the Global Board Ready Women searchable database.

The "Global Board Ready Women" searchable database list and forum will be administered by the Financial Times Non-Executive Directors’ Club on the global business platform, LinkedIn. The Group consists of women who already serve on a board or who are ready to take on a new mandate.  All women listed in the Global Board Ready Women (GBRW) searchable database are suitable to be considered for publicly listed company board-level positions and meet a clear set of criteria as developed and defined over the last year and a half by the organization members of the European Business Schools/Women on Board initiative (see below).

In addition, the European Business Schools/Women on Board initiative has arranged for each of the individuals selected for the Global Board Ready Women (GBRW) searchable database to be linked with BoardEx ‘s Profiles and to access BoardEx’s database of more than 500,000 corporations and companies.

Lesley Stephenson, Publisher of the FT Non Executive Directors’ Club and member of the European Business Schools/Women on Board initiative commented that the “Global Board Ready Women group launched today will provide executive search firms, companies and investors and those looking to make board appointments with a list of board qualified women. Women in the Group can ensure that their profiles and experience are kept up to date while companies and recruiters can easily search and identify those candidates whose experience most closely match their requirements and contact them directly.”

Sherry Coutu, herself Member of the Advisory Board of LinkedIn commented, "I'm extremely pleased to be part of this initiative to identify and promote the profiles of the board-ready women in the quest for a more transparent and balanced corporate governance. LinkedIn is the perfect platform for this Global Board Ready Women searchable database".

European Commission Vice President Reding commented, "We need to use all of our society’s talents to ensure that Europe’s economy takes off. That is why the European Commission has proposed a European law for boosting gender balance in company board rooms," said Vice-President Viviane Reding, EU Justice Commissioner. "I often hear the argument that there are not enough qualified women to occupy positions in the boardroom. Today European Business Schools are shattering those myths as well as glass ceilings! The searchable database currently being populated shows that the qualified women are there – 8 000 of them. Companies should now make use of this untapped pool of talent."

For more information via EFMD, please contact:  Matthew Wood - matthew.wood@efmd.org

GBRW Selection Criteria

Every application to this closed group is formally assessed and reviewed and only those women who meet the criteria below are accepted.  Those participating Business Schools and Professional organizations have applied the same criteria for their participating Alumnae and Members.

All women on the list must have at least 5 years’ experience in 1 or more of the following roles:
  • Chair and/or NED of listed/private corporations
  • CEO, COO, CFO or other C-suite exec/director level in listed/private corporations
  • Family member and controlling shareholder of boards of large family companies
  • Director of government agencies
  • Director of non-profit orgs
  • Institutional investment community senior professional
  • Professional firms senior partner serving boards and their committees as clients
  • Leading Academics with relevant experience
  • Entrepreneurs
A list of business schools and other professional groups supporting this initiative is here: http://www.uploadlibrary.com/nonexecs/GBRW.Groups.list.amended.pdf

Business Schools Members of the European Business School / Women On Boards Initiative include:

Bocconi, Cambridge Judge Business School, EADA, EDHEC Business School, EFMD, ESMT, ESSEC, HR College of Commerce and Economics, IAUW – International Association of University Women, IESE,  IFPM Female Board Pool at the University of St.Gallen, IMD, INSEAD, Kellogg School of Management, London Business School, Oxford, RSM, Sabanci University, SKEMA, University of Mumbai

Professional Organizations include:

American Chamber of Commerce France and Spain, Bellisario Foundation, BoardEx, Business and Industry Advisory Council, Canadian Women in Communications, Deutscher Juristinnenbund e.V., EPWN (European Professional Women’s Network), Forte Foundation – Major Corporations and Business Schools, The Financial Times Non-Executive Directors' Club, G16+, GTWN - The Global Telecom Women’s Network, GGI – Geneva Group International, IFA Institut Francais des Administrateurs, International Corporate Women Directors, TIAW - The International Alliance for Women, WiTT - Women in Telecoms and Technology, WCD - Women Corporate Directors, Women’s Forum of New York

Corporate Women supporters include:

Lady Barbara Judge, Bridget Cosgrave, Lori Gonnu, Cristina Vicini, Lesley Stephenson, Brigitte Boone, Candace Johnson, Audrey Mandela, Diane Morgan, Irene Navitividad, Anne Negre, Indu Shahani, Susan Ness, Marina Niforos, Ingrid Silver, Susan Stautberg, Myla Villanueva.