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Women in top management feel overlooked by ‘Old Boys’ Club’, ETHRWorld

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hr.economictimes.indiatimes.com | www.ETHRWorld.com

<p>They are all apparent victims of the "Old Boys' Club" syndrome, which they say is rampant in most corporate boardrooms, where seasoned women directors are often sidelined and undervalued<br /><br /></p>
They are all apparent victims of the “Old Boys’ Club” syndrome, which they say is rampant in most corporate boardrooms, where seasoned women directors are often sidelined and undervalued

Mumbai: Top women professionals have shattered the proverbial glass ceiling over the decades to lead large and complex P&Ls in India, but they don’t seem to have notched up sufficient career-ledger balances just yet to register material – and muscular – presence in the ‘old boys’ networks’ that run corporate boards.

Candid conversations of several high-profile women directors, who meet every month at an upscale club in South Mumbai to discuss their professional journeys, tell the tale of the unconquered final frontier by this galaxy of women corporate stars.

During a recent such “women only” get-together, the spotlight fell on a prominent director’s resignation at a top-tier private equity firm. She shared with her ‘girl pals’ a sense of alienation after being overlooked by the board chairman.

They are all apparent victims of the “Old Boys’ Club” syndrome, which they say is rampant in most corporate boardrooms, where seasoned women directors are often sidelined and undervalued.

Despite murmurs of a shifting generational landscape, the entrenched masculine culture and unconscious biases persist, leaving many voices unheard and aspirations unrealised, top board members told ET.

“It is something that cannot be shared openly with any board….

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