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Boards
Corporate Governance
Defining The Board In an era where women are slowly ascending in the business world, women are still overlooked as reputable pieces to the board. There is not enough diversification in the Board of Directors because of how corporate structure was originally built on a hierarchy system of men. There is an issue that arises of not enough variation in the boards that leads to stale solutions to problems in corporate world. Also, separation needs to be defined by who actually makes decision and who helps to offer solutions to the decisions that need to be made. How can women play a vital role in helping to broaden the boards ideas and input and how can management separate decision makers from those who help offer solutions? In 2005, Peninah Thomson and Jacey Graham wrote the book, “A Woman’s Place in the Boardroom.” Peninah Thomson is a consultant for Praesta Partners, which is an executive coaching firm and Jacey Graham co-founded Brook Graham LLP, which specializes in corporate diversity management. In the book, “A Woman’s Place in the Boardroom,” Thomson and Graham take a look at how men created a hierarchy system in the corporate world and how the board is made up of men. Thomson and Graham both point out that men compete by being aggressive and exhibit competition, while women do not want to seem too ambitious because it may come off shrewd. In the book, it also suggests that women are making the majority of the purchasing decisions in the workplace and at home. Over half of working women influence purchasing decisions, as well as, handle household finances. There is no difference in the workplace, American women hold over 50 percent of manager purchasing positions making the decisions of what to procure in the workplace. Since women are making most of the purchasing decisions in the workplace, Thomson and Graham propose that it wouldn’t be a huge leap for women to take place on the boards. The book plays to the tune of my

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