Vol 10 Issue 12
- Date:27 Jun 2012
- Type:Boardroom Report
The Australian Institute of Company Directors will partner with the Federal Government to deliver a second round of its successful Board Diversity Scholarship program, which aims to lift the representation of women on Australian boards.
The program will award 70 scholarships to high-performing women over the next two years, giving them the opportunity to attend Company Directors' highly regarded Company Directors Course or Mastering the Boardroom program.
A recent survey suggests there may be a greater cost of entry for women wanting a seat on the board and that they would have to clear greater hurdles than men to be considered for a chairman or lead director role.
Exceptional non-executive directors (NEDs) need to be strong but not domineering, strategic yet able to dive into details, engaged and team-oriented while preserving their independence.
Business leaders attending the Prime Minister's recent economic forum in Brisbane sent a clear message to the Government that productivity growth was crucial for Australia's long-term economic prosperity.
The Australian Institute of Company Directors is set to embark on a new study that further builds on its understanding of governance and the contribution directors make across the for-profit and not-for-profit (NFP) sectors.
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