Countries continue to respond to the global economic crisis with increased engagement in corporate governance reform. An area in which the momentum for change has increased is the composition of boards. A significant shift in achieving the changes to the way boards perform lies in the appointment of women in senior leadership roles. The increased spotlight on women’s participation at the senior levels steers economic and political activity and acknowledges the importance of gender diversity on boards. Women constitute half the potential talent base globally. Thus, their economic participation is probably the most efficient way of reducing the gender gap in individual countries, leading to increased competitiveness and GDP growth. The correlation between gender equality and higher levels of competitiveness is consistent with increasing evidence that employing women is an efficient use of national human talent.

 

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