Appendix the Mentoring Foundation FTSE 100® Cross-Company Mentoring Executive Programme Mentors (March 2015)

Appendix The Mentoring Foundation FTSE 100® Cross-Company Mentoring Executive Programme Mentors (March 2015)

1. John Abbott Downstream Director Royal Dutch Shell Group plc 2. Marcus Agius Chairman PA Consulting Group 3. Peter Ayliffffe Chairman Monitise Group plc 4. John Barton Chairman easyJet plc 5. Andrew Beeson Chairman Schroders plc 6. Mike Biggs Chairman Direct Line Insurance Group plc 7. Sir Win Bischoffff Chairman Financial Reporting Council 8. Clement Booth Former Member of the Allianz SE Board of Management Former Chairman Allianz UK 9. Sir Richard Broadbent, Chairman Tesco plc KCB 10. John F Brock Chairman & Chief Coca-Cola Enterprises Inc Executive Offiffi cer 11. Monica Burch Senior Partner Addleshaw Goddard LLP 12. Patrick Burgess, MBE Chairman Intu Properties plc 13. Lord Burns, GCB Chairman Santander UK plc 14. Dame Alison Carnwath Chairman Land Securities Group plc 15. Dominic Casserley CEO Willis Group Holdings Ltd 16. David Cruickshank Chairman Deloitte LLP 17. Spencer Dale Chief Economist BP plc 18. Richard Davey Chairman Amlin plc (continued)

241 Appendix 242

appendix Continued 19. Simon Davies Firmwide Managing Linklaters LLP Partner 20. Ian Davis Chairman Rolls-Royce plc 21. David Fass Chief Executive Macquarie Group Ltd Offiffi cer, EMEA 22. Nicholas Ferguson CBE Chairman Sky plc 23. Niall FitzGerald KBE Chairman The Leverhulme Trust 24. Douglas Flint, CBE Group Chairman HSBC Holdings plc 25. Sir Simon Fraser, KCMG Permanent Under- Foreign and Secretary of State Commonwealth Offiffice 26. Charlie Geffffen Chair of London Gibson, Dunn & Corporate Crutcher LLP 27. Sir Peter Gershon CBE, Chairman National Grid plc FREng 28. Sir Philip Hampton Chairman Former Chairman, Royal Bank of Scotland Group plc, Chairman GlaxoSmithKline plc 29. Richard Haythornthwaite Chairman Centrica plc 30. Andrew Higginson Chairman Morrisons plc 31. Anthony Hobson, FCA Senior Independent James Dyson Ltd Director 32. Baroness Hogg Former Chairman Financial Reporting Council 33. Dennis Holt Chairman Beazley plc 34. António Horta-Osório Group Chief Lloyds Banking Group plc Executive Offiffi cer 35. Vivian Hunt Managing Partner McKinsey & Company 36. Glyn Jones Chairman Aspen Insurance Holdings Limited 37. David Kappler Deputy Chairman Shire plc 38. Nigel Keen Chairman Syncona Partners LLP 39. Irwin Lee Vice President & Procter & Gamble Managing Director UK & Ireland 40. Wilson Leech CEO, EMEA Northern Trust 41. Sir Nicholas Macpherson Permanent Secretary HM Treasury KCB, GCB 42. Strone Macpherson Chairman Close Brothers Group plc 43. Sir Rob Margetts, CBE, Chairman Ordnance Survey FREng (continued) Appendix 243

appendix Continued 44. Sir Mark Moody-Stuart, Chairman UN Global Compact KCMG Foundation 45. Sir Richard Olver, FREng Former Chairman BAE Systems plc 46. Patrick O’Sullivan Chairman Old Mutual plc 47. Gavin Patterson Chief Executive Offiffi cer BT Group plc 48. Sir John Peace Chairman Standard Chartered plc 49. Jan du Plessis Chairman Rio Tinto plc 50. Ian Powell Chairman and PwC LLP Senior Partner 51. Sir Michael Rake Chairman BT Group plc President CBI 52. Sir David Reid Chairman Intertek Group plc 53. Richard Reid London Chairman KPMG LLP 54. Nigel Rich, CBE Chairman SEGRO plc 55. Don Robert Chairman Experian plc 56. Sir Simon Robertson Deputy Chairman & HSBC plc Senior Independent Non-Executive Director 57. Bill Ronald Chairman Dialight plc 58. Lord Stuart Rose Chairman Ocado Group plc 59. Sir John Sawers, KCMG Chairman and Partner Macro Advisory Partners 60. Charles Sinclair Chairman Associated British Foods plc 61. Nicholas Smith Chairman Ophir Energy plc 62. John Stewart Chairman Legal & General Group plc 63. Richard Stillwell Chairman St Ives plc 64. Carl-Henric Svanberg Chairman BP plc 65. Michael Treschow Chairman Unilever plc 66. David Tyler Chairman J Sainsbury plc 67. Graham van’t Hoffff Executive Vice Shell UK Group Ltd President, Global Chemicals 68. Sir David Walker Chairman Barclays plc Notes

1 The Big Project

1. Sian Griffiths, ‘Cracknell tells workaholic dads: spend more time with kids’, Sunday Times, 14 September 2014). 2. Martin Wolf, ‘Failing elites threaten our future’, Financial Times, 15 January 2014. 3. Alison Wolf, ‘Feminists today are too obsessed with their own elite, metropolitan lives’, The Guardian, 21 January 2015. 4. Jill Rutter, http://www.instituteforgovernment.org.uk/blog/4688/. 5. ‘Talent Action Plan: removing the barriers to success’, Cabinet Office, September 2014. 6. Caroline Binham, ‘Law firms try a female leadership’, FT.com, 10 March 2014. 7. Pui-Guan Man, ‘Following an uncertain path’, Legal Week, 30 May 2014. 8. Science Council, http://www.sciencecouncil.org/content/100-leading-uk- practising-scientists. 9. Vibeka Mair, ‘Steady as she goes’, Charity Finance, 1 July 2014. 10. Jonathan Dean and John Harlow, ‘Cut! Celluloid ceiling must go, says Knightley’, Sunday Times, 29 June 2014. 11. Dr Martha Lauzen, ‘The celluloid ceiling: behind-the-scenes employment of women on the top 250 films of 2014’, 2015. Center for the Study of Women in Television and Film at San Diego State University. 12. Sheryl Sandberg, Lean In: Women, Work and the Will to Lead (Alfred A. Knopf, New York, 2013). 13. Simon Collins, ‘Millennials look to tech stars as finance careers leave them cold’, Financial Times, 8 November 2014. 14. Chris Bryant, ‘Auf Wiedersehen, Post – Daimler staff get break from holiday email’, Financial Times, 14 August 2014.

244 Notes 245

2 The Story so Far

1. Ruth Sunderland, ‘Cable praise for Glencore’, Daily Mail, 27 June 2014. 2. Elizabeth Coffey, Peninah Thomson and Clare Huffington, The Changing Culture of Leadership: Women Leaders’ Voices. The Change Partnership, 1999. 3. Roy Adler, Women in the Executive Suite Correlate to High Profits, Pepperdine University, 2001. 4. Groundbreakers: Using the Strength of Women to Rebuild the Economy. Ernst & Young, 2009. 5. Charlotte Sweeney, ‘Women on boards: voluntary code for executive search firms – taking the next step’. Department for Business, Innovation and Skills March 2014. 6. Sharon Allen, ‘The death of groupthink’. Bloomberg Businessweek, 5 February 2008. 7. ‘IMA stewardship code survey’, Governance + Compliance, July 2014.

3 The Political Environment

1. Gender Balance on Corporate Boards: Europe Is Cracking the Glass Ceiling, European Commission, March 2014. 2. ‘Yoshida ‘picks up baton’ for Japan’s women executives’, Financial Times, 5 March 2015. 3. Danielle Paquette, ‘Why American women hate board quotas’, Washington Post, 9 February 2015. 4. Anne Alstott, ‘Gender quotas for corporate boards: options for legal design in the United States’, Yale Law School, Public Law Research Paper No.489. 21 November 2013. 5. ‘Legislating a woman’s seat on the board: institutional factors driving gender quotas for boards of directors’, Journal of Business Ethics, January 2014.

4 Cross-Company Mentoring Works

1. Sylvia Ann Hewlett, Kerrie Peraino, Laura Sherbin and Karen Sumberg, The Sponsor Effect: Breaking through the Last Glass Ceiling. Harvard Business Review Research Report, 12 January 2011. Notes 246

5 Network Capital

1. Adam Grant, Give and Take: A Revolutionary Approach to Success (Weidenfeld & Nicolson, 2013). 2. Athena Vongalis-Macrow, ‘Assess the value of your networks’. Harvard Business Review, 29 June 2012. 3. Trowers and Hamlins, FDU group (2014) Networking Survey Report, http:// www.trowers.com/uploads/Blogs/Networking_survey_report_Final.pdf. 4. Frances Rosenbluth, ‘Working capital’. RSA Journal, autumn 2010. 5. Avivah Wittenberg-Cox, ‘Your company doesn’t need a women’s network’. Harvard Business Review, 12 June 2013.

6 When is the Price Too High?

1. About AFF. History and Context. http://www.agilefutureforum.co.uk.

7 The Pipeline Challenge

1. Brian Groom, ‘Male culture puts young women off finance careers’, Financial Times, 2 May 2014. 2. Cracking the Code. KPMG LLP, Young Samuel Chambers Ltd and the 30% Club. 2014.

8 The Pipeliners

1. Sheryl Sandberg, Lean In: Women, Work and the Will to Lead (Alfred A. Knopf, 2013). 2. Lisa Petrilli, The Introvert’s Guide to Success in Business and Leadership. 3. Cameron Anderson and Gavin Kilduff, ‘Why do dominant personalities attain influence in face-to-face groups? The competence-signalling effects of trait dominance’, Journal of Personality and Social Psychologyy, Vol. 96, No. 2 (2009).

10 Beyond the Davies Review

1. Daniel Kahneman, Thinking, Fast and Slow (Farrar, Straus and Giroux, 2011). Notes 247

11 Culture, Culture

1. Chris Bryant, ‘Auf wiedersehen, post – Daimler staff get break from holiday email’, Financial Times, 14 August 2014. 2. Jessica Twentyman, ‘Social networks are one answer to information overload at work’, Financial Times, 24 September 2014. 3. Amy Wrzesniewski and Jane Dutton, ‘Crafting a job: revisioning employees as active crafters of their work’, Academy of Management Review, Vol. 26, No. 2 (2001), pp. 179–201. 4. Stephen Jay Gould, The Flamingo’s Smile (W. W. Norton, 1985). 5. William Whyte, The Organization Man (Simon & Schuster, 1956). 6. Alison Wolf, The XX Factor: How Working Women Are Creating A New Societyy (London: Profile Books, 2013). Bibliography

Adler, Roy. (2001) Women in the Executive Suite Correlate to High Profits, European Project on Equal Pay. Agile Future Forum. http://www.agilefutureforum.co.uk. Allen, Sharon. (July 2014) ‘The death of groupthink’. Bloomberg Business Week 5 February. Alstott, Anne (2013) ‘Gender Quotas for Corporate Boards: Options for Legal Design in the United States’, Yale Law School, Public Law Research Paper No. 489, 21 November. Anderson, Cameron and Kilduff, Gavin (2009) ‘Why do dominant personalities attain influence in face-to-face groups? The competence-signalling effects of trait dominance’, Journal of Personality and Social Psychology, Vol. 96, No. 2. BBC News (2014) ‘Italy’s PM-designate Matteo Renzi names new cabinet’ 21 February. Binham, Caroline (2014) ‘Law firms try a female leadership’, FT.com, 10 March. Blair, Cherie (2014) ‘Japan must embrace “womenomics” to modernise economy’, Guardian, 16 October. Bryant, Chris (2013) ‘Coalition poised to introduce quotas on German boards’, FT.com, 18November. Bryant, Chris (2014) ‘Auf wiedersehen, post – Daimler staff get break from holiday email’, Financial Times, 14 August. Cabinet Office ‘Talent Action Plan: removing the barriers to success’, September 2014. Charlotte Sweeney Associates (2015) http://www.charlottesweeney.com/. Coffey, Elizabeth and Huffington, Clare and Thomson, Peninah (1999) The Changing Culture of Leadership: Women Leaders’ Voices. London: The Change Partnership. Collins, Simon (2014) ‘Millennials look to tech stars as finance careers leave them cold’, Financial Times, 8 November. Corporate Women Directors International (2013) CWDI 2013 Report: Women Board Directors in the Fortune Global 200 and Beyond, http://www. boarddiversity.ca/sites/default/files/2046_001.pdf.

248 Bibliography 249

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Grant, Adam (2013) Give and Take. A Revolutionary Approach to Success. London: Weidenfeld & Nicolson. Griffiths, Sian (2014) ‘Cracknell tells workaholic dads: spend more time with kids’, Sunday Times, 14 September. Groom, Brian (2014) ‘Young women shun careers in financial sector, study finds, FT.com, May 2. Grussing, Kate and Springbett, Sally (2014) Quarterly ‘Movers & Shakers’ Survey of Female Executive Appointments, Sapphire Partners, http://www. sapphirepartners.co.uk/pdf/Ninth%20edition.pdf. Hewlett, Sylvia Ann, Peraino, Kerrie, Sherbin, Laura and Sumberg, Karen (2011) The Sponsor Effect: Breaking through the Last Glass Ceiling. Harvard Business Review Research Report, 12 January. Higgs, Derek (2003) Review of The Role and Effectiveness of Non-Executive Directors, http://www.ecgi.org/codes/documents/higgs.pdf. Inagaki, Kana (2015) ‘Yoshida “picks up baton” for Japan’s women executives’, Financial Times, 5 March. Investment Management Association (2014) ‘Adherence to the FRC’s Stewardship Code’, http://www.theinvestmentassociation.org/assets/files/surveys/20140501- 01_stewardshipcode.pdf. Kahneman, Daniel (2011) Thinking, Fast and Slow. New York: Farrar, Straus, and Giroux. Kelan, Elisabeth (2009) Performing Gender at Work. Basingstoke: Palgrave Macmillan. Lauzen, Martha (2015) ‘The celluloid ceiling: behind-the-scenes employment of women on the top 250 films of 2014’, Center for the Study of Women in Television and Film at San Diego State University. McCarthy, Helen (2004) Girlfriends in High Places: How Women’s Networks are Changing the Workplace, Demos, http://www.demos.co.uk/files/ girlfriendsinhighplaces.pdf?1240939425. Mair, Vibeka (2014) ‘Steady as she goes’, Charity Finance, 1 July. Man, Pui-Guan (2014), ‘Following an uncertain path’, Legal Week, 30 May. Morris, Nigel (2009) Harriet Harman: ‘If only it had been Lehman Sisters ’, The Independent, 4 August. Paquette, Danielle (2015) ‘Why American women hate board quotas’, Washington Post, 9 February. Petrilli, Lisa (2011) The Introvert’s Guide to Success in Business and Leadership. C-Level Strategies, Inc. Rosenbluth, Frances (2010) ‘Working capital’, RSA Journal, autumn. Rutter, Jill (2012) ‘Undoing GOD’s work? Will gains women made at the top of Whitehall prove short-lived?’ Institute for Government, http://www. instituteforgovernment.org.uk/blog/4688/. Bibliography 251

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Wolf, Alison (2013), The XX Factor: How Working Women Are Creating A New Societyy (London: Profile Books). Wolf, Alison (2015) ‘Feminists today are too obsessed with their own elite, metropolitan lives’, The Guardian, 21 January. Wolf, Martin (2014) ‘Failing elites threaten our future’, Financial Times, 15 January. Wrzesniewski, Amy and Dutton, Jane (2001) ‘Crafting a job: revisioning employees as active crafters of their work’, Academy of Management Review, Vol. 26 No. 2, pp. 179–201. Index

2020 Women on Boards 72 Anglo American 40, 119 20-first 41 Antofagasta 36, 37 30% Club 41, 44, 52, 99, 101, 132, Apollo space programme 78 155, 206, 246, 249 Arden, Elaine 192, 197, 200, 201, 217, 220 Abe, Shinzo 70, 71, 73 Ashurst 84, 85, 88 ABF 86 Asia House 40 Action Learning Group (ALG) 170–2, Aspen Insurance Holdings 96, 120, 175 242 Addleshaw Goddard 17, 241 Association of British Insurers 41, 51 Adler, Roy 38, 245, 248 Association for Financial Markets in AFEP, see French Association of Private Europe 89 Companies Atos 227, 228 Agile Future Forum, The 143, 189, 248 Athena Network 117 agility programme 209, 210 Agius, Marcus 95, 241 BAE Systems 40, 95, 161, 243 Aguilera, Ruth 73, 251 balanced scorecard 185, 186 Alent 87 Bamford, Tessa 45 ALG, see Action Learning Group Bank of America Merrill Lynch 148 Alexander, Helen 46 Bank of England 13, 50, 82, 86, 119, Allen, Sharon 48, 245, 248 149, 161, 168 Alliance for Board Diversity, The 72 Barclays 85, 118, 210, 215, 243 Allianz 95, 241 Barclays and Cambridge Compliance Global Investors 85 Academy 213 UK 241 Bashforth, Kirsty 138, 139, 143, 192, UK Global Investors 95 196, 201, 217, 219, 230 Alstott, Anne 73, 245, 248 BBC 20, 26, 46, 229, 248 Amlin 120, 241 Beazley 95, 242 Anderson, Cameron 175, 176, 246, 248 Beeson, Andrew 95, 241

253 Index 254

behavioural dynamics 210, 211 Cannon, Fiona 143, 182, 192, 201, 230 behavioural psychology 213, 216, Carney, Mark 119 219, 222, 240 Carnwath, Dame Alison 96, 241 Bester, Andrew 184 Carr, Roger 39 ‘big project’ 2, 5, 7–32, 54, 55, 68, Casserley, Dominic 39, 95, 241 102, 151, 222, 225, 239, 240 Catalyst 38, 39, 71 Bird & Co. 46 Catt Center for Women in Politics 6 Bischoff, Sir Win 51, 95, 132, 140, CBI, see Confederation of British 206–7, 215, 232–6, 241 Industry Blance, Andrea 87 Center for the Study of Women in Blanlot, Vivianne 36 Television and Film 21 Bloomberg Businessweekk 48, 245 Centre for Equality and Diversity at board-ready 3, 9, 32, 41, 46, 49, 69, Work 49 76, 99, 147, 150, 163, 179, 225, Centre for Women Leaders 49 238 Centrica 39, 242 BoardWomen Partners 63, 64, 66, 68 charities 20, 30, 81 Booth, Clement 95, 241 childcare 28, 29, 67, 68, 73, 76, 139, BP 40, 96, 120, 138, 192, 194, 196, 146, 160, 174 201, 217, 230, 237, 241, 243 Christian Democrats (Germany) 60 Bradley, Carolyn 168 Christian Democrats (Norway) 73 Branson, Sir Richard 229 Chua, Amy 24 Breeden, Sarah 86, 165 City Women Network 116 Breton, Thierry 227, 228 Clegg, Nick 26 British Museum 85 Clifford Chance 17 Broadbent, Sir Richard 95, 241 Clinton, Hillary 6 Brock, John F. 96, 241 Close Brothers Group 88, 96, 242 Bronnert, Deborah 87 CMS Cameron McKenna 17 Bruce, Fiona 26 Coca-Cola Enterprises 96, 241 BT Group 119, 120, 243 Codd, Emma 210 Budd, Julia 45 Coffey, Elizabeth 38, 245, 248 Building on progress 25 Collins, Simon 23, 244, 248 Burch, Monica 17, 241 Colloquium 50, 78, 101, 119, 142, Burgess, Patrick 96, 241 149, 150, 172, 180, 240 Burton, Helen 88 Columbia University Business School 38 C-suite 142, 154, 155, 208, 215 Confederation of British Industry (CBI) Cable, Sir Vince 28, 29, 31, 36–8, 25–9, 40, 76, 119, 243 74–6, 245, 251 Confindustria 59 CAC 40 62–6, 150, 154 ‘connected generation’ 220, 240 Cadbury 39 CONSOB 59 Cairnie, Ruth 86 ‘convergent evolution’ 58 Index 255

Copé, Jean-François 62 142, 153, 159, 192, 201–6, 214, Copé–Zimmermann law 62–4, 68, 73, 222, 224, 225, 239, 240, 249 154, 238 Steering Group 44, 203, 224 Corley, Elizabeth 85, 86 ‘Women on Boards’ review 5, 11, corporate governance 2, 7–9, 14, 33, 20, 28, 31, 32, 34, 36, 38, 40, 42, 34, 46, 49, 50, 58, 61, 62, 85, 93, 44, 50, 52, 54, 55, 56, 75, 137, 151, 152, 156, 157, 163, 193, 207, 151, 153, 192, 197, 202–4, 213 210–12, 216, 235, 236, 239, 249, Davies, Simon 17, 120, 215, 242 251 Dbis, see Department of Business, Corporate Women Directors Innovation and Skills International 63, 248 Deloitte 14, 15, 23, 46, 48, 209, 215, Coull, Ian 53, 54, 142, 157, 158 241 Council of Ministers 70 Deloitte Academy 120 Cracknell, James 244, 250 Demos 112, 250 Cranfield University School of Department for Business, Innovation Management International and Skills (Dbis) 38, 40, 43, 44, Centre for Women Leaders 2, 74, 251 31, 32, 36, 38, 49, 53, 130, 145, Dezsõ, Cristian 38 152–5, 213, 251 digital detox 227 critical mass 131, 205, 206, 215 diversity 30, 36, 42, 49, 50, 51, 66, cronyism 5, 98, 105, 106 72, 76, 93, 94, 107, 119, 126, 127, Cruickshank, David 14, 15, 209, 215, 143, 149, 173, 177, 180, 182–6, 216, 241 188, 191, 193, 199, 204, 207, 209, CTPartners 45 218, 230, 233, 235, 236, 237 culture 4, 18, 28, 29, 38, 40, 68, 75–7, gender 5, 10, 14, 15, 25, 31, 42, 100, 116, 126, 127, 131, 134, 50, 54, 76, 87, 94, 112, 127, 198, 140–1, 147, 161, 172–4, 178–81, 199, 204, 217, 224–6, 228, 230, 189, 201, 202, 206, 209, 210, 232, 235, 248, 249 222–40, 245, 246, 248 DixonsCarphone Group 87 Culver, Marianne 121, 122 Donald, Dame Athene 26 cyber security 91 Dutton, Jane 230, 247, 252

Daily Telegraph 39 EC, see European Commission Daimler 24, 227, 229, 244, 246, 248 ED, see executive director Dale, Spencer 96, 241 Education and Employers Database on women and men in Taskforce 26, 27 decision-making (EC) 69 EHRC, see Equality and Human Rights Davey, Richard 120, 241 Commission Davies, Lord Mervyn 1, 2, 4, 5, 11, Eisenschimmel, Eva 86, 87 14, 20, 22, 28, 31–4, 38, 40, 42, emotional intelligence quotient (EQ) 44, 50, 52, 56, 74–6, 119, 130–3, 174 Index 256

Enel 59 Experian 96, 119, 243 Eni 59 EY 39, 99, 249 Equality and Human Rights Commission (EHRC) 37, 249 Fass, David 119, 242 ‘Equal Protection’ clause (US FCO, see Foreign and Commonwealth Constitution) 72 Office Ernst & Young, see EY fdu group 110, 246, 251 Erskine, Peter 39 female executive 2, 6, 22, 35, 40, 41, EU, see European Union 45, 46, 64, 71, 92, 101, 102, 132, European Commission (EC) 69, 245, 138–40, 156, 158, 161, 206, 215, 249 240, 250 European Parliament 70, 89, 249 Ferguson, Iain 40, 95 European Union (EU) 58, 60, 69, 70, Ferguson, Nicholas 242 249 Fiat 60, 249 Evans, Sir Richard, CBE 40 Financial Reporting Council (FRC) 33, Eversheds 16, 156 44, 51, 95, 132, 206, 207, 232, Board Report 156, 249 235, 241–2, 249, 250 Everywoman 117 Financial Times 1, 7, 23, 24, 26, 41, Exchange Rate Mechanism (ERM) 89 227, 244–8, 250, 251, 252 ExCo, see Executive Committee First Line Manager Programme 199, Executive Alumni 22 201 Executive Committee (ExCo) 2, 3, Firth, Livia 26 18, 22, 29, 35, 41, 53, 54, 58, 64, FitzGerald, Dr Emma 87 80, 81, 101, 102, 125, 128, 130, FitzGerald, Niall, KBE 40, 93–5, 119, 132, 133, 137, 139, 140, 142, 146, 133, 134, 137, 140, 141, 207, 208, 149, 150, 152, 153–9, 163, 178, 215, 229, 242 179, 184, 185, 188, 190, 203, 205, flexible working 28, 29, 55, 159, 220, 208, 215–17, 224, 225, 235, 237, 221 238, 239 Flint, Douglas 96, 120, 242 executive director (ED) 2, 3, 22, 33, Fonda, Henry 48 34, 42, 53, 58, 64, 70, 81, 102, Ford, Anna 46 128, 132, 137, 150–7, 159, 163, Foreign and Commonwealth Office 203, 205, 206, 216, 236 (FCO) 40, 87, 244 Executive Programme, see FTSE 100® ‘formative’ variables 146, 154 Cross-Company Mentoring Fortune 500 38, 39, 71, 105 Programme Forward Ladies 115 executive search firms (headhunters) Francis, Clare 88, 90, 234 37, 42, 43, 45, 46, 50, 55, 56, 76, Fraser, Garrick 22 85, 87, 108, 110, 137, 178, 186, Fraser, Sir Simon 242 245, 251 fraud 91 Index 257

FRC, see Financial Reporting Council Gershon, Sir Peter 96, 120, 242 French Association of Private Ghoshal, Sumantra 223 Companies (AFEP) 62, 63 Girlfriends in High Places 112, 250 Friedman, Tom 24 glass ceiling 130, 145, 245, 249, 250 FTSE 100 1, 2, 4, 5, 13, 22, 31–8, 50, Glass Ladder Programme 46 52–4, 56, 58, 62, 75, 79, 81, 83, Glass Lewis & Co 51 105, 130, 132, 136, 137, 150–7, Glencore Xstrata 36, 37, 75, 245, 251 203, 207, 213, 215, 235, 239 Global Gender Balance Scorecard 41 FTSE 100® Cross-Company GMAT, see Graduate Management Mentoring Programme (aka Aptitude Test FTSE Programme, Executive Goldberg, Whoopi 21 Programme and Programme) 3, ‘golden skirts’ 9, 10, 35, 56, 64, 82, 238 4, 6, 11, 12, 17, 25, 40, 44, 50, 63, González Durántez, Miriam 26 74, 76, 79–90, 92, 93, 95, 97–100, Gould, Stephen Jay 230, 247, 249 102, 103, 117–22, 150, 159–63, governance 2, 7–9, 14, 33, 34, 46, 171, 175, 178, 235, 233, 241 49, 50, 57–8, 61, 62, 66, 85, 93, FTSE 250 38, 45, 50, 52–4, 56, 74, 151, 152, 156, 157, 163, 193, 207, 137, 150, 155, 157, 216 210–12, 216, 235, 236, 239, 249, FTSE 350 38, 42, 44, 45, 52, 203 251 Fuchs, Michael 61 Governance + Compliance 50, 245 Graduate Management Aptitude Test Gabrielsen, Ansgar 74 (GMAT) 176 Galliford Try 53, 142, 157, 158 Grant, Adam 109, 246, 250 Garnham, Diana 19 Green, Thea 26 Garrick Theatre 49 Greene King 87 Gartner 228 Grieco, Patrizia 59 gender balance 2–4, 12–15, 17–19, Grimstone, Sir Gerry 14 25, 28–30, 37, 41, 42, 44, 45, groupthink 46, 48, 49, 56, 93, 127, 48, 51, 53, 64, 77, 93, 94, 103, 149, 245, 248 114–16, 157, 158, 175, 181–3, Grussing, Kate 45, 250 194, 203, 205, 225, 227, 231, 234 Guanxi 105 on boards 1, 2, 7, 9, 19, 22, 28–30, Guidance on Board Effectiveness 44 34–8, 40, 41, 43, 44, 52, 53, 55, 56, 57, 67, 69–71, 74–6, 79, 94, Hallett, The Rt. Hon. Lady Justice, 102, 128, 132, 145, 150, 151, 154, DBE 119 178, 205, 212, 224, 238, 245, 249 Hallowes, Odette 116 on executive committees 128, 137, Hampton, Sir Philip 37, 40, 94, 96, 128, 139–41, 154, 156 129, 131, 137, 139, 140, 141, 143, gender pay gap 25, 28, 76, 146 197, 200, 204–6, 209, 214, 216, 242 Generation Next 195, 196 Harman, Harriet 39, 250 Index 258

Harris, Irene 116 Institutional Shareholder Services 51 Harvard Business Revieww 109, 113, International Alliance for Women, The 245, 246, 250, 251 116 Hayward, Tony 36 Intertek 95, 243 headhunters, see executive search firms Intu Properties 96, 241 Helping Britain Prosper 29, 182 Investment Association 41, 52 Henkel 227 Investment Management Henley Business School 49 Association 49, 250 Herbert Smith Freehills 17 Hester, Stephen 198 James Dyson Ltd 96, 242 Heywood, Sir Jeremy 13, 14 Jansen, Philip 40 Higgs, Sir Derek 33, 156, 250 JCA Group 45 Highflying Divas 115 J Sainsbury 40, 54, 95, 243 Hobson, Anthony 96, 242 job crafting 143, 230 Hoff, Graham van’t 96, 243 job-sharing 22, 143, 188, 230 Hogg, Baroness 95, 235, 236, 242 Jones, Glyn 96, 120, 242 Holt, Dennis 95, 242 Jones Lang Lasalle 46 Horner, Alison 88 Judge Business School 213 Horta-Osório, António 29, 78, 90, 91, Julius, Dame DeAnne 14, 46 101, 119, 133, 179–86, 189, 206, 215, 242 Kahneman, Daniel 211, 250 Hourican, John 197, 198 Kappler, David 96, 242 HR, see human resources Keidanren 71 HSBC Holdings 89, 96, 114, 120, 161, Kelan, Dr Elisabeth 146, 154, 250 236, 242, 243 Keller Group 86 Huffington, Clare 38, 245, 248 Kennedy, John F. 78, 79 Hughes, Bettany 26 Kilduff, Gavin 175, 176, 246, 248 human resources (HR) 87, 110, 146, King’s College London 10, 146 149–51, 154, 155, 158, 161–3, Knightley, Keira 20, 21, 244, 249 178, 179, 181, 192, 197, 199, 202, KPMG 23, 155, 243, 246, 249 217, 218, 219, 222, 225 Hurvenes, Elin 46 L&G, see Legal & General Group Land Securities 96, 241 In & Out Club 116 Lauzen, Dr Martha 21, 244, 250 Inspiring the Future 26, 27 law firms 15–17, 21, 126, 244, 248 Inspiring Women 26, 27 LBG, see Lloyds Banking Group Institute for Government 12, 250 ‘lean in’ 3, 22, 23, 48, 114, 127, 172, Institute of Chartered Secretaries and 173, 177, 217, 225, 244, 246, 251 Administrators 50 ‘lean out’ 23, 30, 127, 142, 143, 203, Institution of Mechanical 231 Engineers 27 Lee, Elizabeth 88 Index 259

Lee, Irwin 96, 242 management 2, 7, 9, 11, 13, 24, 39, Leech, Wilson 242 48, 49, 58, 60, 64, 66, 78, 89, 92, Lees, Sir David 119 98, 105–7, 112, 114, 116, 120, Legal & General Assurance Society 87 128, 130, 146–8, 151, 152, 156, Legal & General Group (L & G) 40, 157, 160–3, 172, 173, 176, 180, 50, 119, 130, 131, 139, 149, 150, 183, 188, 194, 205, 216–18, 223, 159, 161, 168, 205, 215, 243 231, 238–40 Legal Weekk 16, 244, 250 risk 89–91 Leonard, Carol 45 talent 162, 181, 224 Leverhulme Trust 20, 95, 119, 207, management board 58, 157 242 Manchester Business School 49 Lewis, Martyn 20 Manifest 51 Leydecker, Sonya 17 Mann, Anna 45 Linklaters 17, 18, 120, 215, 242 Marcegaglia, Emma 59 Lloyds Bank Business Leaders Margetts, Sir Rob, CBE 40, 95, 242 Summit 91 Marsden, Philip 45 Lloyds Banking Group (LBG) 29, 78, Massive Open Online Courses 86, 88, 89, 90, 91, 101, 102, 119, (MOOCs) 101 132, 133, 141, 143, 161, 179–82, maternity leave 71, 73, 111, 131, 201, 206, 217, 230, 232, 236, 238, 146, 148, 161, 199 237, 242 Maude, Francis 13, 14 London Business School 46, 49, 220 MEDEF, see Movement of French Longley, Caryl 15, 209 Companies longlist 37, 43, 182 mentee 3, 6, 11, 14, 64, 66, 68, 69, Longton, Carrie 26 79, 80, 84, 85, 87, 88, 92, 93, 95, Lorenz, Ruth 73, 251 97–103, 117–20, 122, 135, 160–3, Lumet, Sidney 48, 49 165, 171–6, 233 Luxottica 60 mentor 3, 4, 6, 11, 12, 14, 27, 40, Lygon Group 45 41, 45, 46, 55, 63, 68, 69, 74, 78, 79, 80, 84–95, 97–103, 115, 117, McCall, Carolyn 26 119–22, 132, 135, 159–63, 165, McEwan, Ross 200 168–71, 175, 177, 178, 184, 188, McGregor, Heather 26 195, 225, 241, 245 McKinsey & Co 39, 223, 242, 249 Mentoring Foundation, The 3, 27, Machell, Carole 118, 119 78, 79–81, 83, 84, 88, 94, 96, 97, Mackle, Joanna 85 99–101, 117–20, 129, 142, 149, Macpherson, Sir Nicholas 242 159, 160, 162, 163, 165, 172, Macpherson, Strone 96, 242 178, 180, 203, 233, 235, 238, Macquarie Group 120, 242 240, 241 ‘magic circle’ (law firms) 17, 113 Merkel, Angela 60 Man, Pui-Guan 16, 244, 250 Merrin, Patrice 36, 37 Index 260

‘millennial generation’ 23, 220, 221, Networking Women 115 244, 248 New York Times 24 Miller Smith, Charles 40 Newton Investment Management 41 Mississippi University for Women v. Next Generation Women Leaders Hogan 72 Programme (NGWL) 3, 4, 27, Moody-Stuart, Sir Mark, KCMG 40, 94, 99, 100, 118, 131, 162, 163, 95, 243 165, 171, 172, 175, 176, 233 Morrisons 46, 242 NomCo, see Nomination Committee Morrissey, Helena 41, 52 Nomination Committee (NomCo) 32, Movement of French Companies 42, 50, 72, 108, 123 (MEDEF) 62, 63 non-executive director (NED) 2, 3, 9, Multifactor Leadership 14, 30, 33–6, 39, 42, 45, 47, 53, Questionnaire 47 56, 58, 64, 69, 70, 80–2, 86, 87, Murray, Simon 36, 37 102, 122, 127, 128, 132, 133, 136, Murray Edwards College 26 137, 146, 149–54, 156, 157, 163, MWM 45 168, 197, 204, 205, 208, 209, 215, 216, 225, 240, 243, 250 N Brown 46 North London Collegiate School 148 National Aeronautics and Space Norwich Business Women’s Administration (NASA) 79 Network 115 National Association of Women not-for-profits 38, 45, 81, 83 Lawyers 16 National Australia Bank 139 O2 39 National Council for Voluntary Ocado Group 96, 243 Organisations 20 O’Donnell, Lord Gus 12–14 National Equality Standard 17 ‘occupational segregation’ 25, 28, 30 National Grid Group 40, 87, 96, 120, ‘office politics’ 98, 105, 126 242 ‘old boys’ club’ 105, 116 National Women’s Network 116 Old Mutual Group 88, 90, 243 Navigating the Boardroom: Women Olivetti 59 on Boards 120 Olver, Sir Richard 40, 96, 245 NED, see non-executive director OnePoll.com 6 nepotism 98, 105, 106 Ordnance Survey 95, 243 Netflix 229 Organisation for Economic network capital 3, 104–24, 163, 167, Co-operation and 246 Development 24 networking 3, 26, 41, 55, 87–90, 92, O’Sullivan, Patrick 88, 90, 243 98, 100, 102, 103–24, 146, 147, ‘outcome’ variables 146, 222 160, 162, 225, 246, 251 external networks 3, 41, 115–17 PA Consulting Group 241 internal networks 3, 112–15, 189, Paracelsus 105, 229 190, 228, 247, 250 Parker, Sir John 40, 93, 119 Index 261

Patterson, Gavin 120, 243 Italy 60, 61 Peace, Sir John 96, 243 Norway 9, 10, 35, 46, 61, 73, 74 Pearson 86 Spain 61 Pearson, Angela 84 UK 74–6, 82, 137 Peat, Sir Michael 14 US 58, 71, 72, 77, 245, 248, 250 Pensions and Investment Research Consultants 51 Rake, Sir Michael 119, 243 Pepperdine University 38, 245 RBS, see Royal Bank of Scotland Group permanent secretary 12–14, 21, 40, Reding, Viviane 69, 70 82, 242 Regents of the University of California Peyrache, Marie-Claude 63–8, 154 v. Bakke 72 ‘pink collar’ jobs 146, 148, 154 Regus 86 pipeline 3, 18, 22, 23, 28, 32, 35, 49, Reid, Sir David 40, 95, 119, 243 64, 66, 75, 82, 99, 102, 117, 118, Reid, Richard 243 120, 133, 145–76, 178, 179, 181, Renzi, Matteo 59, 248, 251 186, 198, 199, 202, 203, 205, 208, Review of corporate governance in 219, 225, 239, 240, 246 UK banks and other financial Pipeline Pilot Programme 92, industry entities (Walker 159–63, 165, 168, 170 Report) 46, 210, 251 Pirelli 60 Annex 4, 46–8 Pollok, Honor 45 Rex, Anna 45 Polman, Paul 114, 118 Rexam 46 ‘portfolio’ careers 82, 135 Reynolds, Hannah 168–71 Poste Italiane 59 Rich, Nigel 52, 95, 243 Powell, Ian 120, 243 Ricketts, Sir Peter 40 Préaux-Cobti, Véronique 63–8, 154 Ridgeway Partners 45 Premier Farnell 121 Robert, Don 96, 119, 245 ‘princelings’ 105 Robertson, Sir Simon 97, 243 Procter & Gamble 96, 242 Roche Holdings 46 professional services firms 14–19, 23, role model 102, 114, 130, 138, 139, 30, 45, 103, 136, 209 147, 149, 160, 175, 225, 238 proxy advisors/proxy agencies 51, 236 Rolls-Royce 46, 86, 161, 242 PwC 120, 161, 243 Rose, Lord Stuart 96, 243 PWN Global 115, 116 Rosenbluth, Frances 111, 112, 117, 246, 250 ‘queen bee’ 92 Rowlands, Lizzie 165–8, 171 quotas (statutory) 3, 7–10, 23, 30–2, Royal Bank of Scotland Group 35, 38, 50, 57, 58, 73, 77, 145, (RBS) 37, 130, 161, 192, 197, 237, 238, 251 198, 201, 204, 205, 217, 220 European Union 70, 71 Royal Dutch Shell 86, 87, 96, 161, France 62–9, 75 241 Germany 60, 74 Royal Society of Arts (RSA) 111 Index 262

Royal Society of Edinburgh 27 Sodexo 40 Rutter, Jill 12, 244, 250 Spencer Stuart 45 ‘sponsors’ 85, 88, 97–9, 102, 103, ‘S’ curve 14, 19 162, 166, 188, 245, 250 Sage Group 96 Standard & Poor’s ExecuComp 38 Sandberg, Sheryl 22, 23, 48, 114, Standard Chartered 96, 243 127, 172, 173, 177, 225, 244, 246, statutory quotas, see quotas 251 STEM (Science, Technology, San Diego State University 21, 244, Engineering, Maths) skills 27, 76 250 Stewardship Code (FRC) 49, 51, 238, Sapphire Partners 44, 45, 250 237, 245, 249, 250 Sarkozy, Nicolas 62, 73 Stewart, John 96, 119, 130–2, Sawers, Sir John 89, 90, 243 139–41, 159, 205, 206, 215, 216, SBF 120 63–5 243 Schwartz, Felice 38 Stocking, Dame Barbara 26 Science Council 19, 21, 244 Stonewall Top 100 Employers 189 Scott, Jane 46 succession planning 42, 49, 51, 133, Secret Intelligence Service 89 181, 207, 224, 235–7 Securities and Exchange Commission supervisory board 57, 58, 60, 62, 63, (SEC) 72 69, 70, 157 SEGRO 52, 53, 95, 158, 243 Sutherland, Peter, KCMG 40 ‘self-limiting behaviour’ 172, 173 Svanberg, Carl-Henric 121, 243 senior executives 7, 22, 32, 40, 80, Sweeney, Charlotte 37, 43, 44, 245, 99, 100, 108, 128, 131, 133, 135, 251 138, 139, 141, 143, 149, 158, 160, 161, 187, 188, 215, 217, 224, 225 Tandon, Tania 111 ‘set’ 121, 126, 127, 139, 141–5, 230, Tate & Lyle 40, 95 231, 240 Tehan, Patricia 45 ‘setting’ 3, 23, 121, 126–8, 134, 137, Telefónica 39 139–45, 203, 223, 225, 228, 230, Terjesen, Siri 73, 251 231, 233, 234, 240 Tesco 40, 88, 95, 119, 161, 165–7, shared parental leave 28, 29 241 Shell UK 40, 95, 243 The Flamingo’s Smile 247, 249 Shire 96, 242 The Inzito Partnership 45 shortlist 14, 37, 43–5, 123, 133, 140, The Lawyerr 17 145, 150, 182, 186, 206 The Organization Man 247, 251 Smith, James 40, 95 ‘thinking slow’ 211, 212, 214, 250 Smith, Mary Louise 6 Thirty Percent Coalition 71 Smith, Nicholas 243 Thomson Reuters 40 Social Democrats (SPD – TNT Holdings 121 Germany) 60 Tobin’s ‘Q’ 39 Index 263

Todini, Luisa 59 Walker, Sir David 46–8, 210, 215, Top Employers for Families 189 216, 219, 243, 251 ‘topic fatigue’ 192, 195, 201 Wanamaker, John 108 ‘transformational’ leadership 47–9 Warne, Penelope 17 ‘transactional’ leadership 47, 48 Waterous, Johanna 46 Treschow, Michael 117, 243 Weedall, Lynne 87 Trowers & Hamlins 110, 111, 246, 251 West London Mental Health Twelve Angry Men 48 Trust 87 two-tier boards 57, 58, 76, 157 White, Sharon 85 Tyler, David 95, 243 Whitehead Mann 45 Whyte, William 231, 247, 251 UBM 46 Willis Group Holdings 95, 241 UC Berkeley 175 Wilson, Denise 44, 76 UK Corporate Governance Code 33, Wilson, Nigel 50, 119, 149, 150 235, 249 Windsor Leadership Trust 87 UK Professional Boards Forum 46 Wittenberg-Cox, Avivah 41, 113–16, UN Global Compact Foundation 95, 246, 253 243 Wolf, Baroness Alison 10, 233, 244, Unilever 114, 117, 118, 133–6, 141, 252 207, 215, 216, 229, 243 Wolf, Martin 7, 8, 244, 252 Unilever Mentee Network 88, 92, ‘Women as Leaders’ programme 49 117, 118, 160 ‘Women at the Top’ conference 41 unitary boards 58, 76, 157, 210 Women For Boards 45 United Utilities 40 Women in Business Network 115, University of California 72 117 University of Cambridge 26 Women in Leadership University of Heidelberg 227 Programme 101, 188 University of Maryland 38 Women Outside The Box 115 Woolf, Fiona 17 Varrin Eshleman, Diane 85 work–life balance 6, 7, 23, 159, 160, Virgin Group 229 227, 229, 231, 240 Volkswagen 227 Wrzesniewski, Amy 230, 247, 252 Voluntary Code of Conduct for Executive Search Firms 42–5, Yale Law School 73, 245, 248 56, 245, 249, 251 Yale University 111 Vongalis-Macrow, Athena 109, 110, Yoshida, Haruno 71, 245, 250 246, 251 YSC 155

Walker Report, see ‘Review of corpo- Zapatero, Jose 61 rate governance in UK banks and Zimmermann, Marie-Jo 62 other financial industry entities’ Zygos Partnership 45