In February Lord Davies of Abersoch fired a major warning shot for diversity across the bows of big businesses in the UK. Either take action now to increase the number of women on boards, he warned, or face the less palatable prospect of legisla tion and quotas to enforce greater gender balance. His report, entitled Women on Boards looked specifically at the benefits of and barriers to encouraging more women onto the management boards of firms across UK business. Its conclu sions set out in black and white what many have been saying for some time - that the failure to employ more women in senior positions is a waste of talent and fundamentally bad for business.
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