By Peninah Thomson; Jacey Graham; Tom Lloyd
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Extra info for A Woman’s Place is in the Boardroom: The Roadmap
7OMANS 0LACE IS IN THE "OARDOOM 4HE 2OADMAP sum encourages many people to become adventurers in joint stock companies, who would on no account hazard their fortunes in any private copartnery. Such companies, therefore, commonly draw to themselves much greater stocks [capital, in modern parlance] than any private copartnery can boast of. This was the problem – enormous sums committed by ignorant investors exempted “from trouble and from risk beyond a limited sum” into the care of directors not motivated by ownership to watch over it with “the same anxious vigilance” of true partners.
The client solved the problem with the help of some coaching and the support of the CEO, who had been instrumental in her appointment to the board. She developed some anti-patronizing strategies and the FD had to back off. But she’d learned an important lesson; that she got out of her depth too quickly on ﬁnance. 4HE 7RITTEN 2ULES OF %NGAGEMENT The language of boards is legal and ﬁnancial. In recent years, moral and social issues have attracted more attention at board level, but an understanding of company law and ﬁnance is still essential for a board candidate.
Bertrand Collomb, président d’honneur of Lafarge, the leaders of six companies in the CAC 40 and large public enterprises met to discuss the creation of a cross-company mentoring initiative based on the UK program. They resolved to establish BoardWomen Partners to: 1. Identiﬁer et préparer un vivier de femmes en collaboration avec leurs employeurs. ) 2. Donner à ces femmes une meilleure visibilité, aﬁn qu’elles puissent être connues et repérées par les comités de nomination. ) ! 7OMANS 0LACE IS IN THE "OARDOOM 4HE 2OADMAP 3.