The battle of the sexes continues in the arena of business. Though women are fighting back – there’s still far to go.
For years, men have occupied more powerful positions than women. That’s especially true in big business.
We looked at every single company on the FTSE 100 to find out which leaders are the most powerful and connected. We uncovered that 71.5% of the board directors are male and only 28.5% are female.
From these findings, females might be few in number, but they are better in quality. The most powerful out of the 1,037 board directors in our study is a woman. Four of the top 10 most powerful board directors are women and there are two women in the top three.
According to the Cranfield Female FTSE board report 2017, between 2007 and 2017 women’s representation on the FTSE 100 boards rose from 11% to 28% and female held directorships has risen from 122 to 294 whilst the number of male directorships has dropped from 992 to 756.
A summary report from Lord Davies, formulating an approach to increase women’s representation on the FTSE 100 to at least 25% by 2015, shows that the representation from 2011 has doubled and that there are no longer any all male boards in the FTSE 100. If we go further down the list, there’s still some progress to make, with 15 all-male boards in the FTSE 250.
However, even though the boards are becoming more equal, the statistics are still showing that there is still a massive difference between the representation of gender.
From the statistics that we have found, it is clear to see that the amount of women that obtain a higher position in top companies is on the rise, however it may not be as fast as we would like. Presumably, it will take some time for the genders to be equal but given the increase of female board members and the decrease of male board members, we are heading in the right direction.
By Emily Stables