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What’s in it for me? Why you should support women in business.

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Tired of all the complaining, organizing and editorials about women in business? This presentation simply lays out facts to help you understand why it is in all of our best interests to support women ...

Tired of all the complaining, organizing and editorials about women in business? This presentation simply lays out facts to help you understand why it is in all of our best interests to support women in business. A brief organization action plan is also presented.

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  • Since 1982, Human Services 80%, STEM <25%
  • Study repeated reliably
  • Almost 25000 global participants
  • Multiple studies
  • 30 years of research

What’s in it for me? Why you should support women in business. What’s in it for me? Why you should support women in business. Presentation Transcript

  • What’s In It For Me? Why You Should Support Women in Business By Mary Jesse, P.E., Chairman & CEO Ivycorp Prepared for the women and men of any organization
  • Women and Men are Different
  • Better language skills More emotional Better memory More active brains Better spatial processing More logical thinking Physically stronger Bigger brains Women and Men are Different! Our Brains Are Wired Differently
  • About ½ men and ½ women More younger men and more older women Starting Point The world has…
  • More women get college degrees (58.5/100) Women work in fields and jobs with lower pay Overall, women make considerably less money What Happens? Women Take Different Paths
  • Women As Customers
  • Women Will Drive The Economy Women’s unprecedented increase in income will drive the global economy Women’s Income is Increasing Globally
  • Women drive 64% of all purchasing decisions Women drive 80% of consumer purchasing Women are VERY VOCAL about brands they like Women’s influence on purchasing is growing The majority of your customers or your customers’ customers are women Women Control Spending Women Impact Your Revenues
  • Scalable -Invest in her tomorrow Reliable -Ease her worry Efficient -Give her back time Secure -Earn her trust Strategic -Connect to bigger picture What Women Customers Want Solid Products Are More Valued
  • Women Inside the Organization
  • The collective intelligence of a group increases with the number of women What About Our Team? REALLY??? WHY??? Multiple Studies Support Benefits
  • EQ Gives Women an Advantage EQ = Emotional Intelligence
  • Leaders’ EQ predicts: Employee Satisfaction Performance Revenue Profitability EQ + IQ = More Successful Company “Emotions Drive People, People Drive Performance” People Management is Key
  • Effective Global Leaders Global Leadership
  • Multiple Studies Consistently Report: Diversity in management team and on board of directors yields better financial results Most women directors = +16% Sales & +26% CapEx ROI Companies with 3 or more women on board significantly outperformed those with none Effective Corporate Leaders Large Public Company Results
  • 1.3% have female founder, 6.5% have female CEO Greater female leadership = Better performance More female VPs = More successful More women on team = More successful Effective Entrepreneurs Startups and Entrepreneurship
  • Board of Directors 12.3% US 4-35% Globally (most under 10%) C-Level Executives 24% Globally, 51% China Untapped Resource Women's Global Participation
  • Women in Engineering - Advantages Gender diverse teams outperform Increased innovation, creativity, problem solving Women in Engineering - Opportunity US: Engineers are 14% women (and decreasing) Globally: Female engineers increasing, China 40% Missed Competitive Advantage Technology Driven Companies
  • How To Reap Benefits
  • CEO and Management are Personally Invested Culture and Values Support Gender Diversity Systemic Success Plan is Developed and Measured Diverse Board of Directors Elements for Success
  • Create a work environment to optimize resources Schedule Culture Variation over time (different times of life) Create an explicit plan to better leverage resources Support leadership and technology advances Transparent and measurable Organization Action Plan Increase Gender Diversity
  • Supporting Women in Business Benefits Everyone
  • Increased revenue and profitability Increased employee satisfaction Improved customer satisfaction Gender Diversity Benefits You Supporting Women is Good Business
  • Thank You! By Mary Jesse, P.E., Founder, Chairman & CEO Ivycorp @theMaryJesse @Ivytalk Linkedin/in/maryjesse www.ivytalk.com
  • References Dr. Daniel G. Amen, MD study, Yahoo Health 2012 CIA Fact Book (www.cia.gov) The Institute for Women’s Policy Research (www.iwpr.org) Harvard Business Review (www.hbr.org) Boston Consulting Group (www.bcg.com) Stanford Social Innovation Review (www.ssireview.com) Nielsen (www.nielsen.com) 6 Seconds (www.6seconds.org) Zenger Folkman, Inc (2011) US Chamber of Commerce, http://cwb.uschamber.com/sites/default/files/cwb-report-awot.pdf Catalyst, http://www.catalyst.org/issues/leadership-gap Dow Jones VentureSource (www.venturesource.com) Anita Borg Institute, Industry Market Trends (www.anitaborg.org) Deloitte (www.deloitte.com) Forbes (www.forbes.com) McKinsey Insights (www.mckinsey.com)