The Credo of the Women’s Forum of New York starts with “we believe the potential for women should be unlimited and opportunities should be as well.” Seats on corporate boards represent a leadership frontier for women. Women hold only 20% of S&P 500/ F1000 board seats despite repeated studies by McKinsey, Credit Suisse and others that confirm what progressive companies already know: gender balance in the boardroom contributes to better decision making and a better bottom line.
In 2011 our Forum founded our Corporate Board Initiative to accelerate the advancement of women on corporate boards across all industry sectors. Our strategy reflects our belief that change happens more quickly when it’s driven from the top. Our initiative focuses on the game-changers: CEOs, Chairman, Nom-gov chairs and Directors who can truly accelerate the advancement of women on boards, with the overarching goal of achieving gender balance on corporate Boards by 2025.