Show Me 50 Inc is a 501c3 corporation whose mission is to provide a platform to engage individuals in actions that level the playing field for women We encourage individuals to actively collaborate with their companies to inform and implement a culture of gender equality that leads to the ID: 481550
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Slide1
Disclaimer
Show Me 50, Inc. is
a 501(c)(3) corporation whose mission is to provide a platform to engage individuals in actions that level the playing field for women. We encourage individuals to actively collaborate with their companies to inform and implement a culture of gender equality that leads to the achievement of 50% women in senior leadership positions.
Show Me 50, Inc.
retains
any and all intellectual property rights in these materials and requires the retention of the copyright mark on all pages reproduced.
Show Me 50,
Inc.
is
not able to independently verify information contained in this document. This document is provided solely for informational purposes and is not to be construed as providing advice, recommendations, endorsements, representations or warranties of any kind. Neither
Show Me 50, Inc.
nor
any of its directors, employees or agents accept any responsibility or liability with respect to this document. Slide2
Boss Presentation - Guide
View Notes Page Version of this SlideSlide3
WelcomeSlide4
IDEA + MOMENTUM
x
ACTION WITH PURPOSE
=
RESULTS
4Slide5
Executive Summary5
Despite decades of effort, women remain grossly underrepresented in senior leadership positions in corporate America.
The business case for gender balanced leadership has been accepted more broadly in recent years. However, the vast majority of corporations have not implemented the changes required to eliminate gender bias and achieve representation at the top.
Today, I am going to tell you about a change movement I’m joining to execute a win-win solution.
Together with like-minded peers, we wish to collaborate with HR senior management to be catalysts for transformational change. We want to engage in building a timed roadmap for achieving gender balanced leadership.
By supporting
us,
you can play an important leadership role in this
public conversation
.Slide6
Senior Leadership in Corporate AmericaWomen remain grossly underrepresented
Populate Source Here
Female
Male
Senior Management
xx%
xx%
Middle Management
xx%
xx%
Admin/Technical
xx%
xx%
Populate Source Here
FemaleMaleMarch 2014xx%xx%March 2013xx%xx%March 2012xx%xx%
<Company> Management Pipeline
<Company> Board of Directors
6
Women in Management
151.5%Women CEOs2Less than 5%Women Board Directors319%
1
Bureau of Labor Statistics
http://
www.bls.gov/cps/cpsaat11.htm
2
Catalyst
http://
www.catalyst.org/knowledge/women-ceos-sp-500
3
Catalyst http://www.catalyst.org/blog/catalyzing/disrupting-default-gender-diversity-corporate-boardsSlide7
Gender Diversity in Leadership is a Business Issue not a Women’s Issue
By increasing women in leadership positions, companies can:
Improve financial
performance
Leverage talent
Better
reflect the marketplaceEnhance their reputation
Increase innovation
http://www.catalyst.org/knowledge/why-diversity-matters
7Slide8
Studies show a correlation between gender diversity in leadership positions and improved financial performance
ShowMe50
TM
infographic. Data source: http
://
www.catalyst.org/knowledge/bottom-line-corporate-performance-and-womens-representation-boards-20042008
https://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=8128F3C0-99BC-22E6-838E2A5B1E4366DF
8
Catalyst (2011) found a connection between sustained high levels of women on boards and better performance on key financial measures
Credit Suisse conducted a more recent study (2014) and found similar correlations. Companies with higher representation of women in senior management outperformed those with
lower
representation: higher
returns on
equity; higher valuations; and higher dividend payout ratios.Slide9
“The closer that America comes to fully employing the talents of all its citizens, the greater its output of goods and services will be. We've seen what can be accomplished when we use 50% of our human capacity. If you visualize what 100% can do, you'll join me as an unbridled optimist about America's future.”
- Warren Buffett
Gender Diversity in Leadership Positions =
$$$
©2013. Time Inc. All rights reserved. Translated from FORTUNE Magazine and published with permission of Time Inc. Reproduction in any manner in any language in whole or in part without written permission is prohibited.
Boost productivity
Optimize 100% not just 50%
From the pages of
9Slide10
Leverage Talent
10
Research has shown that women outperform men on numerous leadership competencies. Companies should leverage female talent.
A diverse climate and inclusive leadership styles reduce turnover.
Employee satisfaction and engagement is impacted by satisfaction of how the company treats diverse people.
Employee engagement depends on managers and effective managers are committed to diversity.
ShowMe50
TM
infographic.
All data from:
http://www.catalyst.org/knowledge/why-diversity-mattersSlide11
Better Reflect the Marketplace
11
Women are a significant part of the economy yet they are saying “you don’t understand me.”
Too
many companies continue to make poorly conceived
products for women
1
.
Companies with women in leadership give a louder voice to women’s preferences in product development.
ShowMe50
TM
infographic.
1
Data from: http://www.bcg.com/expertise_impact/publications/PublicationDetails.aspx?id=tcm:12-39511Slide12
Strengthen Corporate Reputation
12
Gender diversity in leadership is connected with
1
:
better corporate governance and board oversight
less unethical behavior
increased corporate social responsibility
ShowMe50
TM
infographic.
1
Data from:
http://www.catalyst.org/knowledge/why-diversity-matters
All of which enhance corporate reputationsSlide13
Increase Innovation13
Gender diverse groups have higher collective intelligence than homogeneous groups
1
A 2015 study confirmed earlier findings that more women on teams makes them smarter
2
.
ShowMe50
TM
infographic.
1
Data from:
http://
www.catalyst.org/knowledge/first-step-link-between-collective-intelligence-and-diversity2
http://www.nytimes.com/2015/01/18/opinion/sunday/why-some-teams-are-smarter-than-others.html?_r=1Slide14
If all that is true, why don’t we have gender balanced leadership?Slide15
Root Causes of Gender Imbalance in Senior Leadership
15Slide16
So how can we achieve gender balance in senior leadership?Slide17
We CHANGE the Landscape
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Introducing…
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VISION
Achieve
50%
women
in senior leadership positions at America’s largest
corporations.
MISSION
Provide a website platform to engage individuals in actions that level the playing field
.
Actively
collaborate with companies to inform and implement a culture of gender equality for the mutual benefit of employees, customers, communities and shareholders.
.
A two-gender solution
19Slide20
Core Beliefs
Gender equality is a business issue – not a woman’s issue.
Aspiration for 50% women in executive leadership positions one corporation at a time.
No quotas – we believe in voluntary progress as a result of individual enlightenment and systemic change.
Men are important stakeholders in the conversation. We seek and value their viewpoints and participation.
Knowledge is power. Small steps by many can lead to big change.
Change
is needed
now. We will show individuals how to make
a
difference
in smart ways. Genuine collaboration between individuals and company leadership.
Make gender intelligence cool!
20Slide21
What Needs to Change
Reliance on stereotypes which lead to unconscious bias at work
1
Unequal
access to information and programs
Exclusive
, command-and-control cultures
1
Creating a Level Playing Field by Shelley Correll at LeanIn.org; video and discussion guide; http://leanin.org/education/creating-a-level-playing-field/
Current environment results in lower employee productivity and hurts our ability to innovate at the pace the market demandsSlide22
What Does Gender Bias Look Like?
22Slide23
How Can We Change It?
Create
motivation
to act through the website and social media
Provide
ability
to execute through seven toolkits
23
Introduction and Overview
Gather Facts About Your Company
Learn About Gender Bias
Learn to Influence Change
Build a Coalition
Talk to Your Boss and HRSustain Momentum
Use the ShowMe50
TM
Win-Win Checklist as a guide for building timed roadmaps in collaboration with HRSlide24
ShowMe50TM Win-Win ChecklistOptimize 100% of the Workforce
Who wins?
Employees, Customers, Communities, Shareholders
1
Catalyst: Beyond Flexibility, Work-Life Effectiveness as an organizational tool for high performance; 2008.
Education
of employees and managers about stereotyping and gender bias
Objective
and transparent performance evaluation and talent management systems
Work-Life Effectiveness (WLE)
a
pproach to workplace
flexibility
1
Accountability
24Slide25
Education of Employees and Managers About Stereotyping and Gender Bias1
Provide skill based training
2
to educate managers about stereotyping
Teach techniques to override automatic tendencies to use stereotypes, learn to recognize the conditions that place them at risk for stereotyping and have opportunities to practice interacting with people who are different from themselves
Equip employees with skills to self-monitor their perceptions
Implement a system of checks and balances to safeguard against stereotypic bias
1
Adapted from Catalyst: Women Take Care, Men Take Charge: Stereotyping of U.S. Business Leaders Exposed
2
Skill-based training demonstrates and explains the desired behavior then requires sufficient in-class practice and coaching time. It engrains skills to recognize and self-correct bias after leaving the class.
25Slide26
Objective & Transparent Performance Evaluation and Talent Management Systems
Partially adapted from Catalyst: Women Take Care, Men Take Charge: Stereotyping of U.S. Business Leaders Exposed and A Bright Spot Case Study: How Diverse Slate Policies Help Close the Gender Gap
Clearly define and communicate performance evaluation and candidate job selection criteria
Create explicit decision rules about how evaluation criteria are weighted and applied for performance evaluations and candidate job selections
Post and effectively communicate all jobs internally
Implement diverse slate policies
Utilize panels of diverse, bias-trained interviewers
for candidate selection
Publish career development programs and their qualifications
26Slide27
Catalyst on Talent Management
http://www.catalyst.org/knowledge/cascading-gender-biases-compounding-effects-assessment-talent-management-systems
Create opportunities for senior leaders and employees to engage in interactive dialogues about talent
management
Create strategies that increase development and advancement opportunities for
women
Develop targeted programs based on the unique needs of each business unit
27Slide28
Establish work practices that create business agility including flextime, job sharing, and telecommuting
Use employee needs, interests and concerns about burnout as a catalyst for creatively designing work
Give employees with significant parental responsibilities more time to show they’re qualified for promotion
Establish alumni programs for women who need to step away from the workforce; tap their expertise to show that returning is possible
Work-Life Effectiveness (WLE)
Approach
to
Workplace Flexibility
Adapted from Alice H. Eagly and Linda L. Carli, Women and the Labyrinth of Leadership and Catalyst: Beyond Flexibility, Work-Life Effectiveness as an organizational tool for high performance.
28Slide29
29Accountability
Demonstrate a commitment to diversity and inclusion and to increasing the percentage of women in senior leadership positions though the visible and vocal personal actions of the CEO and his/her direct reports
Commit and sustain financial resources to internal employment diversity programs and culture change efforts
Hold senior management accountable for diversity within all business activities and evaluate managers based on their ability to achieve diversity goals for senior leadership representation across all business units
Show
results: move
statistics meaningfully toward achieving 50% women in director and above
positions
Slide30
ShowMe50
TM
Supporters are
Growth Catalysts
We want our companies to earn more profits!
Our ideas, our leadership and execution styles
bring diversity of thought,
i
nnovation and
earnings growth.
30Slide31
31Slide32
Next Steps and How You Can Help
Continue our dialogue to better understand the current state including recent progress and how to leverage it
Participate in the development of a roadmap and timeline for improvements
Engage in authentic gender-intelligence dialogue
Model inclusive behavior and influence 360
◦
accountability
Encourage others to learn more at ShowMe50.org
32Slide33
IDEA + MOMENTUM
x
ACTION WITH PURPOSE
=
RESULTS
33Slide34
BACKUP34