A new scheme offers talented women a unique development opportunity
In November 2016, government launched the Future Board Scheme, in partnership with 30% Club and Board Apprentice. The scheme gives talented women from a wide range of backgrounds the opportunity to spend 12 months with boards in a developmental capacity. It is a unique opportunity for senior women to get board experience to progress their careers to the next level.
The concept has been developed through a number of successful trials run by UK Government Investments, Board Apprentice and the Institute of Directors in New Zealand. Now UK Government Investments and Board Apprentice are working together with 30% Club to make the scheme more widely available across the public and private sectors.
The scheme is aimed at FTSE 350 companies, SMEs and other major organisations. Each organisation involved hosts a participant on their own Board and in return puts forward an employee of their own to be placed on another participating Board. Several major companies and well-known public sector bodies have already signed up to take part in the scheme, including 30% Club members, Aviva and Hammerson, as well as the Student Loans Company and UK Government Investments.
Further information can be found on the 30% Club website.
This scheme has the potential to significantly grow the talent pipeline of women executives by giving women 12 months’ experience on a major board.