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Recently the European Commission has warned companies that if they do not move voluntarily to ensure gender balance on executive boards, it will force them to. The enforcement of the quota system introduced in Spain and Germany, even though efficient in these countries, seems not to be popular in Luxembourg where the Minister for Equal Chances is openly against such practice. Most of us prefer that businesses develop their own cultures, processes and systems naturally, in order to become fully gender balanced. However, it was estimated that, if no special measures are taken by companies or governments to ensure gender balance (at least one third of each gender, male or female) it would take another 60 years for women to be equally represented at the top level.
Gender balance...
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