Not Just a Numbers Game
Since Lord Davies’ report, ‘Women on Boards’, was published in 2011, updates reveal that women are still not sufficiently involved in the day to day strategic running of organisations. Nor are there any clear signs of improvement. A significant shift in the focus on female development is needed. Only by developing women who are two or three levels down from the board can businesses hope to build a pipeline for the future, and reduce churn at higher levels.
The lack of female talent in the upper echelons of UK business is a specific challenge that requires specific intervention. At Talking Talent, our experience has enabled us to provide female progression coaching – a form of coaching designed to maximise the potential of talented individuals and accelerate their progression thus creating a sustainable pipeline. For those organisations that get this right, the commercial impact is huge.