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Cultural biases hindering appointment of women to boards, executive — IDB Jamaica Head
Herma McRae (right), deputy chair, Women’s Leadership Initiative (WLI), presents Lisa Bell ofEXIM Bank with an award recognising the company for having 70 per cent female Boardmembers. The WLI hosted a Breakfast “Salute to Women on Boards” to mark InternationalWomen’s Day 2014.
Business
March 11, 2014

Cultural biases hindering appointment of women to boards, executive — IDB Jamaica Head

HISTORICAL male dominance in business and cultural biases are among the hindrances to women being appointed to boards of directors and executive positions, according to Therese Turner-Jones, country representative, Inter-American Development Bank.

Addressing a Women’s Leadership Initiative (WLI) International Women’s Day Breakfast at the Jamaica Pegasus Hotel on Monday, March 10, 2014 — which recognised companies with women on their Boards — Turner-Jones said that research has shown that despite studies being made by women “plum assignments still go to men and the myth of work/life balance persists.”

She said that “benevolent sexism” exists in many workplaces and women often “climb the corporate ladder, then vanish”.

Turner-Jones lamented the “paucity of role models for women, lack of gendered career paths and gendered work and the lack of access to networks and sponsors for women”.

Quoting from a number of studies and professional reviews, Turner-Jones identified circumstances that have sustained male dominance on Boards and senior executive positions and made recommendations for “bridging the gap”.

She told attendees at the breakfast, including representatives of companies with female board members who were honoured at the event, that there was a lot to do to empower women to “move on and up.”

Quoting from the Zinger Folkman (2012) survey of over 7000 US top companies global data, Turner-Jones noted that women scored higher on 12 of 16 competencies including areas traditionally thought of as male in a US survey which measured leadership effectiveness by gender.

Quoting from another survey (Bart/McQueen 2013), Turner-Jones said that “female directors, with their higher complex moral reasoning skills, appear better able to assess each situation confronting a Board more effectively because they are more open to learning, more inquisitive and they actively try to understand the perspective and reasoning of others.”

Doing so, she explained, “enables them to see more alternatives, opportunities and outcomes. Moreover they appear to be more effective about choosing the right behaviour required to deal with a situation because they are simply better at stepping into and understanding the role/perspective of another person.”

Pointing to countries like Norway which mandates 40 per cent of Board members must be women, Turner-Jones noted that in Jamaica only 24 per cent of women are members of the boards of public bodies and 16 per cent in private sector.

She commende the 51 per cent Coalition for their work in promoting women in partnership for development/empowerment through equity and Senator Imani Duncan-Price for her motion on Advance Woman’s Leadership in Politics and Decision-Making through temporary quotas,

The Senator is of the view that with gender equality, the experiences, abilities and insights of both women and men are a win-win solution for companies and countries.

Turner-Jones made a call for the creation of “safe identity workplaces for learning, experimenting and developing leadership potential” a shift from “mentoring” to “sponsoring other women to make it happen” and greater emphasis on “getting skills right not looking right and networking”.

The WLI Breakfast presented a roll call of 47 companies which have women on their boards.

Awards were presented to companies with over 50 per cent female board members: Early Childhood Commission – 75 per cent; EXIM Bank – 70 per cent; e-Learning Jamaica – 67 per cent; Kingston Properties Limited – 60 per cent; Scotia Investments – 50 per cent and Fair Trading Commission – 50 per cent.

Chile’s former President, Michele Bachelet has said: “When women and men lead together, decisions better reflect and respond to the diverse needs of society. Countries and companies with higher levels of gender equality have higher levels of growth and performance.”

(From left) Therese Turner-Jones, country representative, Inter-American Development Bank; Nigel Holness, managingdirector, CIBC FirstCaribbean International Bank; Sharon Lake, chair, Women’s Leadership Initiative (WLI); ChorvelleJohnson, president and CEO, Proven Wealth Ltd share a moment at the WLI’s International Women’s Day Breakfast onMarch 10, 2014. The theme for the morning was “Salute to Women on Boards”.

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