INSPIRATION FROM NORWAY
In 1993 Norwegian corporate boards had 3% women
members. Following controversial and unprecedented
legislation Norway now takes a global lead with over
40% women on boards.
In 2002 Secretary of State for Trade and Industry, Mr Ansgar
Gabrielsen announced legislation to utilise the full talent
pool for corporate boards and include women in the
recruiting processes. Affecting some 600 companies, the
“40% Quota Law” was met with massive opposition from
chairmen, investors and selection committee members
Photo: Ilja C. Hendel
However, the others argued
increase the number of women on their boards and avoid
legislation. When nothing happened the law was passed in
2005 and became effective in 2008.
Chairmen struggled to fill the quota, claiming they did not
know qualified women and did not know where to find them.
The response of Elin Hurvenes’ Professional Boards Forum
was practical, effective and immediate - putting company
owners in front of qualified women through a series of
Supported by major organisations such as Telenor,
Hafslund, Hydro and AIG as well as the Ministry of Trade and
Industry, the events gave the women an instant opportunity
to prove themselves and gave owners an insight into their
skills and capabilities.