Gender Balanced Leadership - IBEC conference May 27 2015
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Reversing the paradox: Promoting gender- balanced leadership Peter Cosgrove May 27 th 2015
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Transcript of Gender Balanced Leadership - IBEC conference May 27 2015
Reversing the paradox: Promoting gender-balanced leadership
Peter Cosgrove May 27th 2015
Disintermediation
Hotels
Books
Retail Shops
Banks
Auction Houses
Taxis
Disintermediation
Music
Photography
News
Job Advertising
Everything is changing – so will your business/ industry
It’s a business issue not a diversity issue
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
Ref: Denis Pennell
“There will be a global shortfall of 16 – 18 million college educated workers by 2020”
Women taking over the world
But not now…
LANDCAPITAL
RAW MATERIALS
Companies used to be powerful only if they had…
People drive business, revenue and innovation – why would not choose from 100% of the population?
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
Millenials
Millenials
76% engagement in diverse companies vs
24% in weak diversity climate
Millennials are the future, they are collaborative and will demand a diverse workforce
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
ADVERTS RECOMMENDATIONS
15% 76%
“The social world is led by women”
8 of the top 10 to reach 10 million followers are women
Two thirds of sharing is by women
Women are 82% of US users
Traffic - 14,000% Sales - 13,000%
Your brand is your people, what they say about you and share about you online is crucial, women share more and own more of the spending
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
47% home-working80 million real estate savings
Revenue increaseof 185%
Working from anywhere and flexible working increases your ability to attract talent
The will be less restrictions and more freedom about where we work – it will be much more about the output not the inputs
CHALLENGES & POTENTIAL SOLUTIONS
<2 years : 43% women aspire to top positions
>2 years: drops to 16%
• Stigma attached to those working flexible hours
• Employer’s not supportive in balancing responsibilities at home and at work
Global “Women’s network” program
Sponsors for Female Leaders
53% higher return on equity42% increase in sales
Gender diversity is not a problem it’s a solution
‘The Bottom Line: Corporate Performance and Women’s Representation on Boards
