The Glass Hammer Network

Melissa Anderson

Leaving Mondy on the Table: Lynn Harris' Open Letter to Shareholders

TGH contributor Lynn Harris has something to say to shareholders: what are you waiting for?

The United States is not alone in having C-suite offices that belong in Jurassic Park. Canada’s Financial Post 500 companies have only 14 percent female board directors, and 16.9 percent corporate officers.

Similarly, women hold only 9.7 percent board positions in Europe’s top 300 companies.

The rate of progress on gender imbalance at the top of organizations is glacial. In fact, most board directors ignore the issue - at our expense. What lies behind board directors’ inaction? Perhaps they are unwilling to make way for new female board members because it could mean they themselves might have to step down? Are these directors acting in our best interest? Or looking after their own?

Harris' letter is full of convincing research - and could be a powerful tool to bring to your next shareholders meeting. You can read the full letter here: http://unwrittenrulesthebook.com/wp-content/uploads/2010/06/Open-le...

What do you think - are board directors purposefully ignoring the issue? Are they mistrustful of the data? Or merely overlooking it?

Via Huffington Post

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