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Richard Branson Says “We Need More Women in the Boardroom”

Posted October 9, 2012 by Marcy Twete in Leaders We Adore

Every now and then, you find a man who is willing to stand up to change the world for….women and girls. Richard Branson is one of those men, and his recent column for Entrepreneur addresses the lack of women in the boardroom head on. Read the whole thing by clicking here, but we’re also linking a few of our favorite excerpts below.

Seventy percent of household purchasing decisions are made by women, according to the Boston Consulting Group. Those decisions are not just about grocery lists or kids’ clothes — women also choose big ticket items such as cars and vacations. So, if 50 percent of the staff at a company is female, and women drive 70 percent of the buying decisions for its products, what possible rationale can senior management have for leaving women out of the corporate decision-making process?

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If you are looking to increase the number of women in leadership positions at your company, you might start by considering what opportunities female employees have for career advancement, and what barriers they may be encountering. Ask women from every area of your company about their experiences and for their advice.

Thanks, Richard, for being a man who truly, truly gets it!

About the Author

Marcy Twete

Marcy Twete is a career fundraiser turned corporate responsibility executive, a career and networking expert and the author of the book "You Know Everybody! A Career Girl’s Guide to Building a Network That Works."