Women On Boards UK
Women in UK still have a mountain to climb to get into the boardroom but its businesses that are suffering from the lack of women in boardroom
Improving the gender balance on British boards will help businesses perform better according to new research by gender diversity business The Pipeline
Just 4 percent of the UKs biggest stock market list businesses are currently led by women. 15 percent have no women on the board at all. 6 percent of the FTSE 100 companies are led by women. However according to The Pipeline if at least one third of the board is made up of women the business will be more profitable. Indeed the profit margin will be more than 10 times greater.
The reason put forward by The Pipeline for the much better business performance is that the board is more able to understand their customers.
Women Count 2020 The Pipeline report
Retail sector new recruits are 80 percent women but they do not make it to the boardroom. More diverse boardrooms lead to a better understanding of threats and opportunities. Better business decisions can be made that improve overall business performance.