Focus on Gender Balance: Thinking outside the box for recruitment strategies
Nordic countries are very well known for their successful policies in regards to gender balance. Norway, for example, is the world leader in gender equality at the board level, and it has the highest percentage of women at the top levels of its firms. Norway also recently passed a law making gender balance compulsory for management boards of Norwegian companies.
In other Nordic and Baltic countries, however, this system is mainly applied to the public sector. So far, the private sector in these countries has yet to see any significant change in the makeup of executive leader-ship when compared to other European countries.
The main reasons are always the same: executive leaders have other major priorities; N-1 people who can easily reach the level N are, in 95% of the cases, men. As a means to better deal with this and other diversity issues, more and more companies are looking.