London to open women’s business centre

Centre to tackle challenges of retaining talented women

The London Business School and a global investment bank have announced joint plans to develop a support centre for women in business.

Lehman Brothers and the post-graduate business school will commit £1.75m over five years toward establishing the Lehman Brothers Centre for Women in Business.

Organisers say the new centre is aimed at tackling the challenges businesses face in attracting and retaining talented women staff and will also work to transform business education and practice, as well as serve as a springboard for new ideas and debate.

“The Lehman Brothers Centre for Women in Business will bring together academic theory and real life practice in the crucial area of gender diversity and the recognition of women’s importance in the work place,” said Laura Tyson, dean of the London Business School.

“As attracting, retaining and promoting talented women becomes an increasingly pressing challenge for business, it is important to ensure that there is a dynamic interface between intellectual thought and industry practice.”

Tyson and Lynda Gratton, Alternative Investment Market (AIM) fellow and associate professor of organisational behaviour, will inaugurate the centre with a study of women in European business and attempt to explain gender differences in attitudes, behaviours and preferences.

They added that part of the centre’s focus will be to encourage international debate, which they will foment by inviting industry practitioners and academics from around the glob to participate in studies.

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