This book is about how and why there are so few women in Boardrooms and senior teams in the big companies and what can be done about it. In the process, it also sets out the business case for why Board Chairs, CEOs and their shareholders should care.
The authors use international research on women's progress to outline the opportunity. They then colour it in vibrantly with interviews with FTSE 100 and Fortune 500 Chairmen and CEOs, senior women and Board Directors, and headhunters.
There are three good reasons to read this book:
1. The interviewees, speaking anonymously, tell it like it is, in PC-free terms: the Boys Club... the Queen Bee syndrome...
2. It lists specific pipeline-priming actions that women and employers can take
3. The cartoons are excellent!
The book canvasses opinions from gatekeepers for board positions. One such group is the "Kings": highly influential males in the largest firms. Another group is headhunters. They deny looking only for Anglo-Saxon male candidates who have run large businesses. They point to the `third sector' boards (NFPs, charities etc) and to academia, both of which are hiring pools they consider.
Another valuable perspective comes from women in the "marzipan" layer - that's the one just below the board. They said the key factors hindering women's advancement were mostly cultural issues and women's own shortcomings - not flexibility and childcare.
One critical intervention is to change the culture. The authors provide a painful list of micro-inequities - the little unfair actions that, singly, are not worth making a fuss about, but that add up to an alienating environment for ambitious women. Simply being able to put a name to such discourtesies, however, helps everyone express and address them.
The book makes a great read both for more senior women who aspire to Board positions, and also to younger women, helping them confront "issues and barriers of which they as yet have no inkling." It was affirming to find a book full of the issues we talk and write about at Professionelle.co.nz.