15th August 2011
The School describes this as an inspirational target, which will mirror a broader campaign by lobby group the 30 per cent club, which aims to see women make up 30 per cent of British board rooms by 2015.
Helena Morrissey, Founder of the 30% Club says: "To have such a strong academic institution striving to achieve this goal shows how far this topic has come into the academic and business consciousness. We support all avenues that promote female talent, and while there is still a long way to go we are extremely encouraged by London Business School's pioneering steps."
The university notes that FTSE 100 female board representation has risen. Since 1 March 2011, it says 22 per cent of board appointments have been women. This means that 14 per cent of FTSE 100 appointments are now female bringing total female participation to 14 per cent from 12.5 per cent and 12.3 per cent in 2010 and 2009 respectively.
And some businessmen are supporting the initiative as well.
Writing in July on website This is Money, the Chairman of Lloyds TSB Sir Win Bischoff wrote: "There are some obvious starting points for businesses looking to make a change. We frequently hear about chairmen requesting females on their shortlists when hiring, this is clearly important – and it works – but it isn't enough.
"Internally, there is a job to be done across all levels of the business; we have the responsibility to ensure that we are developing the talent pipeline of women in-house, in addition to looking to recruit high calibre women externally."
Not all the commenters agreed however.
The Ferryman writes: "Give up on this political correctness! The last thing business needs is more gobby, pushy, not very bright, reverse discriminated women in elevated positions the workplace. Giving jobs on merit to genuinely bright men would improve the situation no end."
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