Published on the BBC News website on 23rd March – ‘Nearly a third of the UK’s biggest companies largely rely on personal networks to identify new board members, the study by the Equality and Human Rights Commission (EHRC) found. Most roles are not advertised, it said. “Our top boards still remain blatantly male and white,” said EHRC commissioner Laura Carstensen. The study, which looked at appointment practices in the UK’s largest 350 listed firms, which make up the FTSE 100 and FTSE 250, found more than 60% had not met a voluntary target of 25% female board members.’
Relying on personal networks to identify new members is not just limited to the UK’s biggest companies. What can be done to change this?