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“Maximising people potential & performance”. The networks of highly connected women directors through the glass ceiling. Dr Rosanne Hawarden www. betterboards.biz. “Maximising people potential & performance”. In 1999, the first Fortune 500 company woman CEO ,
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Dr Rosanne Hawarden
In 1999, the first
Fortune 500 company woman CEO ,
Carleton Fiorina of Hewlett Packard said
“ Women face no limits whatsoever. There is not a glass ceiling”
Outlier - a director with 2+ seats
Trophy directors Super trophy 4-7 seats directors
The best way for a woman to become a director of a
Fortune 500 company?
Golden token director
A tenured Harvard University professor in law, economics, business or medicine.
Branson (2010) Last Male Bastion
Board appointments Black Swan events?
Nicolas Taleb’s term
As rare as a white kiwi?
Its not a Glass Ceiling
Its a Glass Network
Glass Ceiling = First board appointment to a substantial listed company
The ‘Glass Network’ is invisible to participants and only revealed through analysis tools.
The complex and powerful network
organising the world of non-executive directorships opening (or closing) opportunities for aspiring directors.
Dr Rosanne HawardenDBA, FCIS
Use quotas to increasethis
Female directors are not marginalised in the smaller components, tending to be found in the largest connected component, often 80% of the network
The networks of male and female directors are the same, differing only in size
Most directors have only one directorship or seat, approximately 20% have two plus seats and are the ‘connector directors’
Directors as outliers - misconceptions about success
Women are found in all director networks, a few always have multiple seats.
Director networks look the same at the global, national or regional level
Recruiting directors by ‘shoulder tapping’ gives rise to the familiar ‘old boy’ network
A power law called the ‘law of the critical few and trivial many’ shapes the network.
City size, company size and tax payments also follow a power law. Pareto’s 80/20 rule. Big successful companies in large cities have bigger boards that appoint more women
“Maximising people potential & performance”The Glass Network