Great article and another one that highlights the view of female leaders in board rooms. It does seem to be true that female leaders are more accepted in times of trouble and strife for companies. Why is this? Are female leaders naturally great in turn around situations or does the article argue well that they are considered as a different alternative when everything else has already been tried?
Post-EU referendum, “UK PLC” seemed precariously poised. The prime minister resigned. Scottish independence was being spoken of again. Into the breach stepped Theresa May: a female prime minister. Too few women at the top means we are all losing out Talk of the “glass cliff” – the theory that women are more likely to be appointed to the most senior roles at times of crisis – followed. It’s a phenomenon first identified by Profs Michelle Ryan and Alex Haslam of the University of Exeter, who coined the term. Their 2005 study showed that female executives are more likely to find themselves in more risky leadership positions. They found the promotion of “occupational minorities” (including women) to CEO to be more likely in weakly performing firms.