Mind the gap - Women in leadership
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Presentation for internet stores meetup, July 30, 2020 by Astrid Varchmin - adaptivists.
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Mind the gap - Women in leadership
- 1. Mind the gap – Women in leadership Astrid Varchmin
- 4. § Higher job satisfaction, engagement, retention § 59.1% increase in creativity, innovation, & openness § All employees, including white men, benefit from a positive diversity climate § 37.9% better assessment of consumer interest & demand § Increased sales revenue, greater relative profits, greater market share… § Mixed-Gender Boards have fewer instances of fraud § Inclusive organizations are 57.8% more likely to improve their reputations § Lower risk of insolvency § Inclusive organisations outperformed the S&P 500 in average annual stock returns during the Great Recession § Bigger talent pool + it is the right thing to do Source: https://www.catalyst.org/research/why-diversity-and-inclusion-matter/
- 5. Proportion of women in executive management of the respective 30 largest corporations on the stock exchange (2018)* Sources: * AllBright report: Germany last place, Corporations across the world get more women into top management, May 2018; ** AllBright report: Tech Dudes caught in their own myth, May 2020 PERCENTAGE OF WOMEN IN LEADING POSITIONS WITHIN TECH COMPANIES 29% PERCENTAGE OF WOMEN IN LINE MANAGEMENT POSITIONS WITHIN TECH COMPANIES 12% ONLY 1/3 OF TECH COMPANIES HAVE FEMALE LINE MANAGERS 1/3 2020**
- 6. motivation, lack of confidence, different network, biases, etc. Women culture, processes, structures, leadership etc. Organisation ignorance, boy’s network, Martin & brothers, toxic behaviour etc. Men social norms, education, social framework Society Other factors Lack of women in leadership
- 7. Source: https://cultureplusconsulting.com/2018/04/28/developing-self-confidence-for-women/, based on a study by Bain & Company (Companies Drain Women’s Ambition After Only 2 Years, 2015)
- 8. 24,8% 24,1% 20,1% 15,5% 12,1% 14,5% Women in executive management Source: AllBright report: Germany last place, Corporations across the world get more women into top management, May 2018
- 9. Organisational level: Fix the system q Culture q Top management q Processes, structures, procedures q New work concepts q Awareness & communication q Education: trainings, initiatives, mentoring q Evaluation, quotas q ... Discover what your people & organisation need Copyright: Catalyst.org
- 10. Men: Become a part of the solution q Become an ally q Offer support - get involved, pay attention, stand up for others q Engage: Micro affirmations q Take an interest and learn q Challenge own biases and interrupt bias q Leadership: Encourage, include, promote q ... Be brave and don‘t be discouraged by awkward moments https://www.youtube.com/watch?v=wOH- dCrV_XA
- 11. Women: Trust in yourself q Dare to say yes q Leave your comfort zone q Empower yourself, challenge your beliefs q Networking & self marketing q Ask! For support, promotion, opportunities, pay rise ... q Sisterhood q ... Be brave, develop the environment and resources you need Source: https://cultureplusconsulting.com/2018/04/28/developing-self-confidence-for-women
- 12. Turning commitment into action Ø It‘s challenging Ø It‘s worth it Ø Commitment of the leadership is crucial Ø Action changes things Ø Everyone can start tomorrow!