Why focus on Women? Where is the talent? Who are

Transcript:Why focus on Women? Where is the talent? Who are:
Why focus on Women? Where is the talent? Who are the best managers? What is the business Impact? Who are the healthcare providers and decision makers? What can women and men do? Women are the current workforce and the future pool of leaders According to The Center for American Progress report The Women’s Leadership Gap (May 2017), women make up: 50.8% of the U.S. population4 57% of the U.S. labor force5 52% of all professional-level jobs6 59% of the college-educated entry-level workforce5 60% of undergraduate and master’s degrees7 4 Census Bureau, “Quick Facts: United States” 5 Bureau of Labor Statistics, “Employment status of civilian non-institutional population by age, sex, and race” Current Population Survey (2017) 6 Bureau of Labor Statistics, “Employed person by detailed occupation, sex, race, and Hispanic or Latino ethnicity,” Current Population Survey (2017) 7 National Center for Education Statistics, “Table 318.30” Talent Pool Since 2015, two-thirds of undergrads are women More women than men are getting graduate degrees Of the 15 fastest growing jobs in the U.S. 13 are already female dominated Non-white women owned businesses in the U.S. are the fastest growing groups of entrepreneurs. Women lag behind men in leadership roles Although holding 52% of professional-level occupations,8 women are only: 21% of S&P 500 board seats 5.2% of S&P 500 CEOs 26.5% of executive/senior leadership roles 36.9% of first/mid-level management roles In recent years, the percentage of women represented in top management positions slowly advances. 8Catalyst, 2016 Catalyst Census: Women and Men Board Directors (2017) 9Catalyst, “Statistical Overview of Women in the Workplace” (March 28, 2018) Female managers are better at engaging their employees than male managers Employees who work for a female manager are more engaged, on average, than those who work for a male manager, according to a Gallup study of U.S. employees. Women who report to female managers have the highest engagement, while men who report to make managers have the lowest engagement. Percentage of employees engaged Male Manager Male Employee Female Manager Male Employee Male Manager Female Employee Female Manager Female Employee 25% 29% 31% 35% A study in leadership- women do it better than men Zenger and Folkman- Harvard Business Review Research study of 7,280 leaders in 2011. “… at every level, more women were rated by their peers, their bosses, their direct reports, and their other associates as better overall leaders than their male counterparts – and the higher