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Advancing Women's Leadership: Insights from the 2015 Global Summit of Women

Learn about successful women-on-boards initiatives, including Germany's new quota law with Elke Ferner, MP. Discover the impact of gender diversity on success and the importance of equal participation in senior positions. Explore the essence and goals of the Quota Law and how it promotes cultural change for greater diversity and success.

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Advancing Women's Leadership: Insights from the 2015 Global Summit of Women

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  1. Global Summit of Women 2015Creative Strategies for Successful Women-on-Boards Initiatives: The new Quota Law in Germany Elke Ferner, MP Parliamentary State Secretary /Vice Minister Federal Ministryfor Family Affairs, Senior Citizens, Women and Youth, Germany 1

  2. A working world of equal participation today • More girls than boys obtain a university entry qualification (Abitur) (53%), • More women than men graduate from university, and often young women perform better. 2

  3. Women in senior positionsIndustry and public service

  4. The need for a quota 2015 (200 largest companies) Executive boards: 5.4% Supervisory boards: 18.4% Other nations set good examples: Role model nationssuch as e.g. France, Scandinavia have achieved a lot with women’s quotas 2006 (200 largest companies) Executive boards: 1.2 % Supervisory boards: 7.8% since 2001 Voluntary agreements with industry

  5. It‘s a Question of Justice initiate cultural change more diversity results in more success Equal chances become the „rule“ strengthen partnership 5

  6. What does the Quota Law do for us? The Quota Law increases the share of women: • In senior positions in private industry • In senior positions in the Federal service • In positions on Federal panels 6

  7. The essence of the Quota Law 30% quota for industry Further goals set for industry Tightening up the laws for the public service 2nd pillar 1st pillar 3rd pillar 7

  8. Example 12-member supervisory board • Representatives • employees of shareholder What sanctions does the Quota Law embody? • maxs • Maximum • or • mins • Minimum • ors • or • ors • 8

  9. Let's make change happen! Thank you very much! 9

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