Secret Weapon Against Crisis?
Guest post by Radek Špicar, Vice-President of the Confederation of Industry of the Czech Republic and Executive Director of the Aspen Institute Prague
“If Lehman Brothers had been ‘Lehman Sisters‘, today’s economic crisis clearly would look quite different” – a famous comment by Christine Lagarde, Head of the IMF and former Finance Minister of France, on whether more women in the boardrooms of major financial institutions would have averted, or at least mitigated, the impact of the debt crisis. More women in senior management roles is a hot topic and a big discussion within the EU. By 2020, publicly listed companies – according to European Commission legislation adopted in November 2012 – should increase the female presence on their corporate boards to a minimum of 40%.









