Women in leadership webinar
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Transcript of Women in leadership webinar
© Interaction Associates Inc. 1
How to build diverse, inclusive companies (and get better business results along the way)
Advancing Women Leaders:
A Practical Approach
© Interaction Associates Inc. 3
Advancing Women Leaders
What We’ll Cover Today:• What’s the Problem?• The Case for Change• The Collaborative Solution • Q&A
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“Lead Like A Man”Type in 3-5 words
What attributes are ascribed to men who are leaders in your organization?
Let’s Chat
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What attributes are ascribed to women who are leaders in your organization?
Let’s Chat
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A situation in which a woman is confronted with two irreconcilable expectations or a choice between two undesirable courses of action.
Behavioral Double Bind
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Thinking about your organization, what is the rough % of senior leadership roles held by women?
A. 1-10%B. 11-20%C. 21-30%D. > 30%
Poll
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How important is diversity and inclusion, particularly gender equity, to your organization?
A. Top business priority.B. Important.C. Somewhat important.D. Not currently on the
radar.
Poll
© Interaction Associates Inc. 16Worldwide Index of Women as Public Sector Leaders, 2013, Ernst & Young.
Fewer than
20%of US executives
11%of EU executives
Fewer than
20% of Public Sector
Leadership
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“The progress of women in the last two decades has been so inadequate as to defy even the most skeptical people from 20 years ago.”
~ Ken Frazier, CEO of Merck
© Interaction Associates Inc. 18GfK MRI, Survey of the American Consumer (2011).
US women control $20 trillion in buying power and make up to 80% of all consumer buying decisions.
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Companies that achieve diversity in their management and on their corporate boards, on average, attain better financial results than other companies.
Nancy M. Carter and Harvey M. Wagner, The Bottom Line: Corporate Performance and Women’s Representation on Boards (2004–2008) (Catalyst, 2011).
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Companies with more women board directors outperformed those with the least on three financial measures.
Lois Joy, Nancy M. Carter, Harvey M. Wagner, and Sriram Narayanan, The Bottom Line: Corporate Performance and Women's Representation on Boards (Catalyst, 2007).
© Interaction Associates Inc. 21Lois Joy, Nancy M. Carter, Harvey M. Wagner, and Sriram Narayanan, The Bottom Line: Corporate Performance and Women's Representation on Boards (Catalyst, 2007).
Return on equity
+53%Return on
sales
+42%Return on
invested capital
+66%
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Men and women feel comfortable talking about gender bias and its impact in my organization.
A. Yes, conversations are encouraged at all levels.
B. Conversations happen within the senior leadership ranks.
C. Informal conversations occur among peers.
D. Such conversations are off-limits.
Poll
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Advancing Women Leaders
A Framework for Conscious &
Collaborative Change℠
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Set Direction
Build Commitment
Increase Capability
A Framework for Conscious & Collaborative
Change℠
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Set Direction
• Meet the organization where it is (Find the pain points).• Communicate the business case.• Enlist executive sponsors who can share an inspiring vision.
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Build Commitment
• Engage stakeholders at all levels: men and women.• Install robust talent management practices. • Stay the course.
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Increase Capability
Develop the capability of:
•All women to respond with agency to 2nd generation bias.•A steering team of men and women to lead the change effort.•All leaders to engage in conversations about the nature of gender bias and ways to eliminate it.
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Women in Leadership:Tapping the Power of Conscious Collaboration℠
Negotiate
Conditions for
Leadership
Success
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Questions?
[email protected] [email protected]
SURVEY LINK: bit.ly/WiLsurvey
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Resources
Benchmarking Women’s Leadership in the United States, 2013, University of Denver.
catalyst.org
Worldwide Index of Women as Public Sector Leaders, 2013, Ernst & Young.
www.interactionassociates.org/insights
GfK MRI, Survey of the American Consumer (2011).
Nancy M. Carter and Harvey M. Wagner, The Bottom Line: Corporate Performance and Women’s Representation on Boards (2004–2008) (Catalyst, 2011).