OPENING THE BLACK BOX OF BOARD APPOINTMENTS
12 March 2015, London
At a launch event hosted by KPMG in London today, Sapphire Partners released the findings of ‘Opening the Black Box of Board Appointments’, a research project conducted through an Economic and Social Research Council PhD studentship at King's College London and co-funded by Sapphire Partners. This pathfinding research explores how women and men experience the search for Non-Executive Directorships.
To download the report please CLICK HERE
Robert Swannell, Chairman of Marks & Spencer, commented, “Well documented research which brings transparency to a process designed to help achieve diverse and effective Boards is a real plus. This new research is a welcome addition”.
Helena Morrissey, CBE, CEO of Newton Investment Management and Founder of the 30% Club commented, “It's good to see the 'black box' being opened up through this timely research which highlights key issues that remain, including critical differences in the perceptions of men and women as they seek that often elusive first board appointment”.
The report concludes that continued efforts are needed to champion robust, transparent appointment processes and to ensure that the key role played by sponsors and personal networks does not present barriers to diverse candidates. Kate Grussing, founder and Managing Director of Sapphire Partners which initiated the research, said “It is incumbent on all Chairman and headhunters to continue to push for diverse candidate lists when the 25% target for women on FTSE boards is reached, or the UK could slip backwards again very quickly”.
Sapphire Partners are passionate believers in diversity and have a unique expertise in providing creative and balanced shortlists. Working closely with our clients and candidates we promote and bring diverse professional talent to deliver business excellence.
In our searches, we place exceptional professionals who can meet the demands of world-class organisations. We have a global reach, consistently delivering inclusive and innovative results.