As things stand, imposing equal numbers on the Boards of major companies could be disasterous. A balance is needed but as someone said earlier, the cause of the imbalance needs to be addressed.
If it's just about getting equal numbers on a Board, then the quick fix is a quota. But the risk is impact on quality, efficiency and effectiveness, in the absence of a whole bunch of other quick fixes.
Eg a need for shared child care initiatives for both parents. Scandinavian countries offer this in addition to the quotas. Plus, flexible working practices and more accessible, affordable child care options eg on site for major companies. More commercial and business training early on, to encourage big picture strategic thinkers.
How do we ensure we get these?
There are an equal number (if not higher) of women at graduate level and junior/mid level roles but not at senior level. As things stand, women are not as motivated to develop their careers because of the sheer hardship of juggling it all. For those who are motivated, it may come at a greater price for women then men. The vast majority of women have children at some stage, I think it's 80% from a BBC stat I once saw, so this affects most women.
This is an ongoing vicious cycle. The real question for me, is how do we ensure women who don't want to compromise their career path can maintain their career and take it to the top? These are the women who should be at the top if they wish to and they have the skills. The percentages are pretty immaterial if we know that the women who wish to achieve, have a level playing field with their male counterparts.
Rather than quotas at Board level, I would be interested in the possibility of quotas at entry level and middle management for major companies where there are a certain number of employees or the company is listed. Given there are equal if not higher levels of female graduates, most companies may have equal numbers in the early days. So why make it mandatory if its already happening lower down?
I think it may need to be mandatory to ensure no risk to the levels dropping.
Because what we really need is for companies/organisations to be forced to accept flexible working practices and invest in certain types of leadership training for women as that will increase a pipeline of truly able and qualified women to take on the senior roles.
If companies have to have equal numbers of women in their workforce lower down the chain, they will have to adapt their working practices to make that feasible on an ongoing basis.
This should increase efficiency and allow women to maintain the experience they need for the bigger roles. If you make it tough on companies to support women, they can potentially cut the number of women they hire early on unless they have to fulfil quotas. Having a quota where you have a larger pool to select from, wont dilute the quality of your work force. Its's already roughly equal lower down, the quota would just ensure that doesn't change when there is pressure on companies to be more supportive.
At the end of the day you need quality at the top to make the business work. If you potentially dilute the quality because of numbers, without looking at the pipeline, businesses might suffer and that will impact lower down and across the markets. One of the other posters talked about pipeline and I fully agree.
No point having 50% women at the top if they aren't skilled, experienced and motivated to be at the top. My impression is that there simply aren't enough women in the pipeline at the moment to justify a quota at the top level.
Until companies are forced to retain women lower down the chain and make it possible for women to balance careers with childcare, playing with the quotas at the top end alone could have very detrimental impact on businesses and our credibility.