This website is a location to track the process and progress of increasing female leadership on corporate boards of directors, making sure each board has at least one woman on it, and holds companies with all male board members accountable for the systematic exclusion of women.
Women Serve on Boards has released All [A]Board: Insights and Inspirations for Your Journey to and in the Boardroom in collaboration with Farella, Braun + Martel LLP. Olga Mack and Carly O’Halloran Alameda share their findings about the richness of board opportunities, the skills lawyers can bring to the board, the process for joining a board, and real life stories about lawyers serving on boards.
The book is broken down into the following sections:
(1) Pursuing a seat at the table: This section includes information on various corporate board opportunities and strategies for pursuing a board position.
(2) Bringing value to the boardroom: This section includes insights on various substantive matters impacting board performance, including the board’s role with cybersecurity and company strategy, and ideas for diversifying the boardroom.
(3) Inspiration from the boardroom: This section includes interviews of people who have successfully navigated the boardroom, who share their insights and experiences regarding their various boards, including corporate boards, non-profit boards, and family boards of advisors.
How to Be Board Ready
Women Serve on Boards has created four to help you become “board-ready.” Each worksheet will help those looking to obtain a board position determine where their interests and passions lie as well as the type of entity that would be the best fit (public, private, non-profit). These resources are meant to guide individuals through the pre-board process. These tools and framework can refine individuals’ perspectives and successfully transform them from industry experts to a board-ready thought leaders.
The first worksheet centers around identifying the appropriate opportunity. The questions help familiarize individuals with some of the basics, including the various types of boards, responsibilities of being a director, and the risks of board service.
The second worksheet, the board profile and competency matrix, provides an in-depth assessment for individuals to reflect on their skills and the value that they could add. This worksheet assists individuals as they begin to lay the foundation for becoming a viable candidate.
The third worksheet encourages candidates to develop a networking plan that includes contact information for each individual, along with how you met, and the last time you interacted with them. This worksheet will help individuals prioritize their efforts for effective outreach and provide an intentional roadmap for fostering beneficial relationships with one’s extended network.
The fourth worksheet adds the final touch to being board-ready. It assists individuals with creating their personal brand and becoming a thought leader. By joining, shaping, and driving the conversation, one can become key participants in their industry.
Fortune 500 Companies
According to recent data from S&P Global Market Intelligence that came out in March 2016, 24 Fortune 500 companies currently have no women on their boards. This list is embarrassing and needs to change. Women Serve on Boards has worked diligently to move the needle. We have made a fiscal and social case for taking initial steps toward gender equality on boards. Our initial efforts targeted Discovery Communications and Land O’Lakes, which we are thrilled to report that 6 months later, Discovery Communications added a woman to their Board of Directors and within 1 year, Land O’Lakes added a woman to it Advisory Board. Through these efforts we saw change, and it is our mission to continue tackling the issue targeting the remaining F500 companies with rigorous advocacy and influence.
Want to do more? Join the Women Serve on Boards movement and help encourage the other 22 companies on this infamous list to add women to their board of directors.