Yet boards and companies use this equation, one that is not under their control, all too often as a primary guiding force in managing the performance of their business.

然而企业及其董事会却经常利用这个不在他们控制之下的指标，作为管理企业绩效的主要导向。

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"There are going to be a lot of boards around the developed world worried about this," says Steve Taylor-Gooby, managing director of consultants Towers Perrin-Tillinghast.

“发达国家中会有很多公司的董事会都为这个问题感到担忧，”咨询公司Towers Perrin - Tillinghast的董事总经理史蒂夫·泰勒-古庇(Steve Taylor - Gooby)表示。

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Jerry Jarvis, the managing director of Edexcel, one of the three big exam boards, has said that early adopters of the diploma risk emerging with a worthless qualification.

ECONOMIST: Qualifications

If management insists on continuing to use vague and subjective performance criteria that have repeatedly been shown to play such a large role in excluding women from executive suites, Boards of Directors and the offices of equity and managing partners worldwide, applying the force of the law may be the only answer.

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He was managing director of McKinsey until he retired in 2007 and served on boards of leading companies, including Goldman Sachs.

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