No Women; No Entry – World Economic Forum Implements Gender Quota
In order to participate in this year's World Economic Forum in Davos, "strategic partners"--including such business tycoons as Barclays, Goldman Sachs, and Deutsche Bank--must bring at least one women in every group of five senior executives they tap to participate, reports The Guardian. This annual meeting engages top leadership from across various sectors and is an important opportunity to network and strengthen relationships. Women have been painfully underrepresented at this important meeting. According to the article,
Women made up only 9-15% of those present [at Davos] between 2001 and 2005. Progress has been made last year 17% were women but Zahidi insists they can do much better.
Saadia Zahidi heads the gender parity program at the WEF and is the originator of this year's quota plan.