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.
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.

8 comments:

swiftfoxmark2 said...

And how is Germany's economy doing right now?

Laguna Beach Fogey said...

Once the queen first gains entry and enlarges her brood, it can be difficult to get rid of the infestation.

Tommy Hass said...

Whom do I vote for now?

Dewave said...

Any separatist parties. If the economy worsens significantly, they will be there.

A shrinking pie reveals all kinds of regional tension.

liberranter said...

"Business success is nothing that a well-staffed HR department can't slow down considerably or completely destroy in a relatively short time."

Fixed.

One Fat Oz Guy said...

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'.

Bies Podkrakowski said...

"At least that should help with the problem of German ubercompetitiveness."

Good.

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