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More and more women board members, corporate and financial chairs: women are rising on the boards of the largest Swiss companies. This is the – pleasing – conclusion of the current 18th Schilling Report. “There has never been such an oscillation,” says Guido Schilling (63), whose report has been examining the gender composition of the Swiss carpet industry for years.
Specifically, more than half of the top 100 employers in Switzerland have at least three women on their boards. This has never happened before. “The efforts in recent years have started to bear fruit. The goal of having more women at the top of the economy is a generational project,” says Schilling.
women are ready
The proportion of women on boards of directors rose to almost 20 percent. This means that the largest companies are well on their way to achieving the required gender metrics, with 30 percent at the board of directors and 20 percent at the top of the group. “At many companies, the pipeline is filled with female executives. This is reflected in a higher proportion of women on boards,” said Schilling, explaining the progress made over the past year.
This was also made possible by the fact that Swiss companies were more consistent in their search for female managers than companies in Germany when there were gaps in management.
However, women still have a long way to go to get to the top. There are only 11 female CEOs at the head of the largest companies. Schilling believes that more and more companies are realizing the value of well-coupled governing bodies: “Women and men deal with challenges differently. Women ask different questions about risks, sustainability or the pace of change.”
Worldwide recruitment
However, the demand for female and male managers in Switzerland can no longer be met alone. The rate of foreigners in the executive floors increased to 47 percent. “The pool of skilled managers has been mined domestically and is increasingly drying up in Europe,” says Schilling. It therefore demands: “The Swiss economy needs new associations of experts and managers from all over the world.”
A good mix of carpeted floors is no longer an end in itself, it’s also about the future viability of companies. “An insufficiently diversified company is no longer seen as an attractive employer and will have more and more trouble recruiting new employees,” says veteran bounty hunter Schilling.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
