Women are not filtering up: Business leaders

The Diversity Council of Australia (DCA) hosted its first annual diversity debate last week, with the topic, ‘Quotas: friend or foe of business?’ hotly debated by high profile business leaders.

At the end of the debate the room of industry heavyweights, which included representatives from business giants such as IBM and PricewaterhouseCoopers, voted that quotas, (not just targets) for women on boards should be mandated by the federal government.

Advertising executive and lecturer, Jane Caro, said companies with a greater proportion of women on their executive and at board level perform better. Caro said while Australian women were amongst the best educated in the world, they ranked somewhere near 50th in the world for workforce participation.

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