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Warren Partners Newsletter. Adding value to your Board. February 2019

Warren Partners Newsletter. Adding value to your Board. February 2019

Dear Friend

We understand that search partners have a key role to play in improving gender balance on boards, so we're delighted that Warren Partners was once again one of just four executive search firms to have been recognised under the Hampton-Alexander Review's Enhanced Code of Conduct for the work we do, seeking out and nurturing talent within and beyond the FTSE350. Indeed, we plan to help move the dial further still in 2019. The full Hampton-Alexander Review report is available here.

Executive Grapevine's latest industry barometer saw us recognised as a top 30 UK search firm, with top 10 ranking in areas of particular expertise. But whilst barometers have their place, it is our passion for diversity which really differentiates us.

Another theme central to Warren Partners' philosophy is bridging the gender pay gap. While organisational culture is a key factor behind the gender pay gap, women also tend to underestimate their own value and feel uncomfortable haggling about salary increases. Equally, search firms have an important role to play in helping women to understand the value of their experience and expertise. Read more here.

Of course the board and importantly the Chair has a key role to play in the agenda. If you are considering how to gear up and secure your first Chair role, you might find this piece by our Executive Chair, Joëlle Warren in CEO Today useful. Indeed if you have "grit, determination and resilience as well as an aptitude for fast-thinking and agility," you could be ideally suited to the job.

It's widely acknowledged that a good Chair will ensue that their board is a hotbed of ideas, debate and well-informed analysis. But unacknowledged problems can often damage all this good work. Laurence Vallaeys, Director, explores the problems that can arise if boards are out of touch with new generations of digitally-native customers. Read more here.

Our 2019 programme of events has kicked off with "The Balancing Act for RemCo Chairs" – how Boards can ensure their remuneration arrangements support the strategic aims of the business and the recruitment and retention of the very best executives in the market. If you would like to know more about this or any other of our events, please email: events@warrenpartners.co.uk

Our commitment to supporting the UK's regional economies remains strong and as a newly-elected member of the CBI Regional Council, our Managing Director, Vicky Lawton, will be working with business leaders in the region to champion the value derived from building diverse boards and leadership teams to influence the UK policy landscape.

Vicky discussed with Recruitment International the influence search firms have on diversity: "We challenge our clients' thinking and ensure that they appoint the best individual to the role, not just someone who will 'tick the boxes' but who will bring cognitive diversity and a different perspective," she said. Read more here.

Another theme central to Warren Partners' philosophy is bridging the gender pay gap. While organisational culture is a key factor behind the gender pay gap, women also tend to underestimate their own value and feel uncomfortable haggling about salary increases. Equally, search firms have an important role to play in helping women to understand the value of their experience and expertise. Read more here.

Continuing support for the regions, Joëlle Warren recently explained to the North West Business Leadership Team how, in addition to the moral imperative for diversity, there is also a clear business case for an inclusive workforce. View the video here.

Warmest regards, Warren Partners

Posted by Joëlle Warren on


Joëlle Warren

Joëlle Warren

Executive Chair & Founding Partner

Joëlle is Executive Chair & Founding Partner of Warren Partners and leads chair and non-executive director searches.