According to OECD the percentage of female share of seats on boards of the largest publicly listed companies remains relatively low in many countries. In the UK, the percentage of female leaders raised from 13.3 in 2010 to 32.6 in 2019, whereas the global OECD average was 25.5 in 2019. This indicates that there is still a lot of ground to be gained and a lot of potential for female leaders in the boardroom.
A very interesting Women on Boards article titled: “The seven reasons why being a director is good for your career” by Claire Braund and Rowena Ironside outlines seven reasons why a directorship is good for an aspiring board member’s career. Differentiation, new skills, indication of management capability, career resilience, are some of the traits that can be added to your CV and act as differentiation points that can boost your career. Read the full article here.
Women on Boards‘ Claire Braund and Rowena Ironside claim that:
Adding a board appointment or directorship to your CV is a sure way of drawing attention and validating your capabilities whilst catapulting your career up the ladder of success.Women on Boards
My most recent experience at the Chartered Management Institute’s West Midlands and North-West boards in the UK does not leave me any doubt that this is the case. From my personal experience I can say that being a board member teaches you so many new skills and gives you the opportunity to expand your business and personal network.