On the other hand, we do not see evidence of widespread imbalances either in business inventories or in stocks of equipment and consumer durables that would lead to a substantial cutback in spending.
Unfortunately, as they move on to middle and senior management roles, this starts to diminish to 31 and 27 per cent respectively. We have collectively agreed that by 2014, 40 per cent of senior management and 30 per cent of board level positions should be occupied by women.