Women are on board, but work is still needed

A year has passed now since Lord Davies' review into women on boards, and – it would seem – that some progress has been made. In January there were reports of a 'record rise' in the number of women on the boards of FTSE 100 companies. According to the report, the number of women board members rose from 12.5% in January 2011, to 14.9% in January this year following several years in which little progress was made. However, it seems that much work is still needed. A report in the Financial Times last month painted a somewhat bleaker picture. It stated that 89% of FTSE 350 companies still have no female executives on their boards and that any progress being made is going at a 'snail's pace.' And, all figures reported fall short of Lord Davies' target of having 25% of women on FTSE board by 2015.