Chancellor Angela Merkel's coalition parties agreed on Tuesday to a draft law that would force Germany's leading listed companies to allocate 30 percent of the seats on non-executive boards to women from 2016 onward. Although Europe's biggest economy has a female leader and roughly 40 percent of the cabinet is female, women still are under-represented in business life. Among the 30 largest companies on Germany's blue-chip DAX index, women occupied only 7 percent of executive board seats and barely 25 percent of supervisory board seats by the end of June, according to the DIW economic think-tank.At least that should help with the problem of German ubercompetitiveness. Business success is nothing that a well-staffed HR department can't slow down considerably in a relatively short time.
Wednesday, November 26, 2014
Grand scale entryism
It's hardly surprising that Germany's first female chancellor is now trying to require Germany's corporations to employ female figureheads.
7 comments:
And how is Germany's economy doing right now?
Once the queen first gains entry and enlarges her brood, it can be difficult to get rid of the infestation.
Whom do I vote for now?
Any separatist parties. If the economy worsens significantly, they will be there.
A shrinking pie reveals all kinds of regional tension.
"Business success is nothing that a well-staffed HR department can't slow down considerably or completely destroy in a relatively short time."
Fixed.
The other message is: men, don't bother focusing on your careers for the next 10 years as we've got to promote all women until we reach a 'balance'.
"At least that should help with the problem of German ubercompetitiveness."
Good.
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