MBA Women International (MBAWI) announced Thursday that the George Washington University School of Business (GWSB) and the International Women’s Forum (IWF) will partner with MBAWI to promote On the Board, Advancing Women’s Corporate Board Leadership. Developed and managed jointly by GWSB and IWF, On the Board is a fellowship program that aspires to expand women’s participation on corporate boards.
In its inaugural year, 15 high-achieving women leaders will be accepted into the program, and upon completion, On the Board will work to place its board-ready candidates on Fortune 1000 corporate boards. The first incoming class of On the Board fellows will be announced at the end of November, and the program will launch Feb. 21, 2013. Dr. Liesl Riddle, GWSB’s Associate Dean of MBA programs and Associate Professor of International Business and International Affairs, will present the fellowship announcement at the organization’s annual leadership conference and career fair, Oct. 18-20, in Phoenix.
More from the conference’s keynote speakers: Lee Rhodes, CEO of glassybaby, Sara Canaday, president of Sara Canaday & Associates, Leo Hindrey, former chairman of The YES Network and current managing partner at InterMedia Partners VII, LP and Ann Daly, author and business coach. | Database: Search, Sort, Compare Online MBA Programs | School Reports: Full Details on MBA Programs | Specialties: Research MBA Concentrations | States: Online MBA Programs Near You
“There is a natural alliance between our work to get more women into the leadership pipeline, into the C-Suite and onto corporate boards and George Washington’s new On the Board fellowship program will train them to excel into their role of corporate board member,” Gail Romero CEO MBAWI said in the news release.
Currently, women make three quarters of consumer purchasing decisions despite being greatly underrepresented on corporate boards. According to an August 2012 Catalyst study, women make up only 8.3% of Fortune 500 lead directors, which has decreased from 8.8% in 2010. For minority women business leaders, the numbers are even smaller. Seventy-five percent of Fortune 500 companies’ board members are white men. In the remaining 25%, 16% are women, only 3% are women of color.
“As a new very energetic institutional member we want to play our part and do our best to contribute to the MBAWI’s annual conference,” said Doug Guthrie, Dean of George Washington University’s School of Business. “We are thrilled to be given the opportunity to share our new program with these driven, passionate women who are potential board members.”
–Alanna Stage, @AlannaTweets