Friday, February 9, 2024

20 women in finance you should add to your company's board

Here is the article. 

Companies make all kinds of excuses to not bring women onto the team, from a broken pipeline to not wanting to "lower" their standards.

Finding women to add to a company's board is even harder since the job listings aren't posted publicly and advertised widely to attract a diverse network, says Sukhinder Singh Cassidy, CEO of Joyus and founder of theBoardlist. 

"When a board seat opens, the typical process is that a CEO will turn to their few, most trusted peers for recommendations of potential board members, who in turn give recommendations of their few, most trusted peers," Singh Cassidy told Business Insider.

"Because our closest networks are usually very similar to ourselves, this process doesn't necessarily yield a lot of diversity — not only of gender or race, but educational background, functional expertise or industry. While there may be no intent to actively exclude any group, this lack of diversity in networks means that opportunities aren't exposed to a broader pool of talent."

She started theBoardlist, a LinkedIn-like network that specifically recommends highly-qualified women in tech to take seats on company boards, to abolish any excuse that there aren't highly-qualified women able to join a company's board.


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