WAVE Women Adding Value to the Economy Women in ICT Network 1 st October 2014.
Can women save the economy
-
Upload
isabella-lenarduzzi -
Category
Career
-
view
345 -
download
0
Transcript of Can women save the economy
![Page 1: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/1.jpg)
WWW.JUMP.EU.COM
Can Women save the Economy?
Isabella Lenarduzzi
![Page 2: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/2.jpg)
WWW.JUMP.EU.COM
JUMP supports companies and organisations that wish to promote better gender diversity within their management.
JUMP offers women practical tools to help them realise their
professional and personal aspirations
![Page 3: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/3.jpg)
WWW.JUMP.EU.COM 3
![Page 4: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/4.jpg)
WWW.JUMP.EU.COM
Sex: biological indicator that is based on reproductive organs, and cellular and hormonal functional characteristics. Gender identity: to feel as a man, a woman, or other
Genre : socially construct, a result of continuous transactions and complexes originating from infancy environment, based on imposed factors of femininity and masculinity
4
Sex or gender?
![Page 5: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/5.jpg)
WWW.JUMP.EU.COM 5
Stereotypes
![Page 6: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/6.jpg)
WWW.JUMP.EU.COM 6
Global Gender GAP (World Economic Forum)4 fields: education, health, economy and politics
Iceland /Finland /Norway / Sweden
Ireland (5)/ Switzerland (8)/Denmark (14)
Belgium – 19°
France (15)/ NL /D(11) / UK (18)
Canada (30) / USA (28)
Luxembourg (32) - Portugal (39) Italy (41) – Greece (87)
![Page 7: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/7.jpg)
WWW.JUMP.EU.COM 7
Women’s energy and talent are the most
untapped renewable sources of energy in the
world!
![Page 8: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/8.jpg)
WWW.JUMP.EU.COM
Europe : 59% of university degrees are earned by women
8
Talent Pool
![Page 9: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/9.jpg)
Gender pay gap
![Page 10: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/10.jpg)
WWW.JUMP.EU.COM 10
Part-time working in Belgium
45% women // 9,5% men
![Page 11: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/11.jpg)
WWW.JUMP.EU.COM 11
Fill in skills shortages on
the labour market
Preserve the european
social security system
Companies increase
performanceGDP increase
The case of Gender Equality
![Page 12: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/12.jpg)
WWW.JUMP.EU.COM
Still a long way to go!
12
European figures
![Page 13: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/13.jpg)
13
![Page 14: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/14.jpg)
WWW.JUMP.EU.COM
The business case for women maintains that companies that have diversity and manage it properly make better decisions, produce better products, and retain several key business advantages over more homogenous companies.
14
More performance
![Page 15: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/15.jpg)
WWW.JUMP.EU.COM
The business case for women maintains that companies that have diversity and manage it properly make better decisions, produce better products, and retain several key business advantages over more homogenous companies.
15
Equality = more performance
© McKinsey & Company
Verified Non available- Not verifiedCompanies with 0 women in executive committeein that specific sector
Companies in the top quartile for the women representation in executive committee vs. sector1
![Page 16: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/16.jpg)
WWW.JUMP.EU.COM
Most executives recognise the impact of gender diversity on financial performance, but more women than men and more C-levels than middle managers
© McKinsey & CompanyConvinced Not convincedDon't know
C-level (CEO, COO, CFO, etc.)
15
6
23
4100
Women(n=233)
90
Men(n=212) 10062
+27
n=445
Middle management
22
9
28
6Women(n=276) 85
Men(n=188) 50
+26
n=464
Much research has shown that companies with diverse leadership teams that include significant numbers of women generate higher financial returns. Do you believe this to be true?
![Page 17: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/17.jpg)
WWW.JUMP.EU.COM
A total equality within the European Union could bring a 27% increase of the GDP
![Page 18: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/18.jpg)
![Page 19: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/19.jpg)
WWW.JUMP.EU.COM
Women in executive committees (2011)
19
![Page 20: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/20.jpg)
WWW.JUMP.EU.COM
Women on boards – end 2014
20
![Page 21: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/21.jpg)
WWW.JUMP.EU.COM
Glass ceiling or leaky pipeline ?
![Page 22: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/22.jpg)
WWW.JUMP.EU.COM
Organisational pyramid
![Page 23: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/23.jpg)
WWW.JUMP.EU.COM
The disparity of female business leaders has not narrowed significantly
![Page 24: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/24.jpg)
WWW.JUMP.EU.COM
Gender diversity in top management varies by industry
2010© McKinsey & Company
6
9
10
10
13
14
15
16
16
Real estate and infrastructure
Transportation, logistics and tourism
Energy, basic materials and environment
Diversified Industries
Healthcare
Science and technology
Finance, insurance and professional services
Telecom, media and entertainment
Consumer goods and retail
Womenin executive committeesPercent
Women in boardsPercent
8
9
7
6
8
13
11
11
12
Number of companies
41
30
68
14
9
81
96
18
14
41
28
66
13
8
75
92
18
13
Notes: Proprietary database; 441 companies within the local reference index: Norway (OBX – 25), Sweden (OMXS – 29), France (CAC 40), Germany (DAX 29),Spain (IBX 35), Russia (RTSI 50), Brazil (Bovespa 52), China (SSE50), India (Sensex 30). For the UK, data from the Cranfield University “The Female FTSE Board Report 2009” (FTSE 100). For executive committees: selection of the 362 companies which disclose their executive committee members
![Page 25: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/25.jpg)
How do we use the biggest talents pool?
![Page 26: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/26.jpg)
WWW.JUMP.EU.COM
Actions promoted by governments
“The quota law has opened boardrooms to an extent that we’ve never seen before,” Mari Teigen, research director, Norwegian Institute for Social Research
![Page 27: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/27.jpg)
WWW.JUMP.EU.COM
NorwayNorway was the first country in the world to implement board quotas Numbers of women on corporate boards have risen from only 6% in 2002 to over 40% today.
"By not utilising the full talent pool I knew Norway as a nation was missing out. My ambition as a Minister was to force companies to rethink their board recruiting practices. I believe we succeeded," Ansgar Gabrielsen (Former Minister of Trade)
“We have invested billions educating our daughters as much as our sons,” Gabrielsen said. “Their ongoing exclusion from corporate boards, which are an important part of our society just doesn’t make economic sense”
![Page 28: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/28.jpg)
WWW.JUMP.EU.COM
Initiatives
With the legislation on equality in Belgium, the proportion of women in parliaments has risen more than 20% in ten years
![Page 29: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/29.jpg)
WWW.JUMP.EU.COM
Change in companies’ culture
![Page 30: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/30.jpg)
WWW.JUMP.EU.COM
Building a whole gender-diversity ecosystem
© McKinsey & Company
Developing women as leaders…
Mentoring
Training and coaching
Networks and role models
CEO and executive team's visible monitoring of progress in gender-diversity programsCEO commitment
HR processesand policies
Gender-diversityindicators Infrastructure
… supported by collective enablers
GENDER DIVERSITY ON TOP OF THE STRATEGIC AGENDA
![Page 31: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/31.jpg)
WWW.JUMP.EU.COM
Implementation of gender-diversity measures remains low, and even lower for SMEs
© McKinsey & CompanyPercent, 2010, n=1,5341, mid-level and up respondents only
32 37 3620
3839 40
36
No specific measures
1-3 measures
4-5 measures
6 measures or more
More than 20,000 employees(n=429)
9
Less than 500 employees(n=583)
177
Total(n=1,534)
17
13
20
24
Between 500 and 20,000 employees(n=522)
15
2.5 2.0 2.2 3.5
Average numberof measures implemented
Number of measures undertaken in the past five years to recruit, retain, promote and develop women
1 Does not include the respondents who did not know which measures were implemented in their companies
![Page 32: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/32.jpg)
WWW.JUMP.EU.COM
![Page 33: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/33.jpg)
WWW.JUMP.EU.COM
Negative factors
Factors most likely to prevent women from advancing
• Work-life balance• Lack of executive sponsor • Willingness to relocate • Limited social network and connections• Confidence
![Page 34: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/34.jpg)
WWW.JUMP.EU.COM
ObstaclesProuvez le encore une fois! Les femmes doivent prouver leur compétence à chaque fois, là où les hommes bénéficient du bénéfice du doute.
Sur la corde raide Les femmes sont obligées de choisir entre être appréciée ou être respectée.
La maternitéAprès une maternité, les femmes sont automatiquement considérées comme moins impliquées dans leur carrière et moins mobiles.
Lutte acharnéeQuand il y a peu de place au top pour plusieurs femmes, certaines entrent en compétition au lieu d’être solidaires.
![Page 35: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/35.jpg)
WWW.JUMP.EU.COM
Role expectation theory
![Page 36: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/36.jpg)
WWW.JUMP.EU.COM 36
Men and Women Offer Employers Different but Equally Important Skills for Driving the Business
![Page 37: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/37.jpg)
WWW.JUMP.EU.COM
JUMP survey on leading women
• 95%: As leaders, women bring different but complementary skills
• 71%: Companies do not place a high enough value on women skills
• 60%: Corporate training / development do not take into account women’s learning preferences and styles
![Page 38: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/38.jpg)
WWW.JUMP.EU.COM
JUMP survey on leading women
• 72%: Men’s opinions are respected more than women’s for key decisions
• 69%: Women are still not recognised and promoted on an equal basis skills
Some companies recognise the value of having women in senior positions, but not all of them take active measures to change the status quo.
![Page 39: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/39.jpg)
WWW.JUMP.EU.COM
Work and family responsibilities should be completely shared
![Page 40: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/40.jpg)
WWW.JUMP.EU.COM
3 career advices to womenby Sheryl Sandberg COO Facebook
1. Seat at the table
2. Make your partner a real partner
3. Don’t leave before you leave
![Page 41: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/41.jpg)
WWW.JUMP.EU.COM
Beyond the gender difference: every individual has a “feminine” side and a “masculine”.
Today’s leader knows how to value both of them!
![Page 42: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/42.jpg)
The war of sexes is over.
![Page 43: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/43.jpg)
WWW.JUMP.EU.COM
What’s good for women is also good for men.
Women will be able to save the economy with conscious Men.
![Page 44: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/44.jpg)
WWW.JUMP.EU.COM
Wo.Men, Work, World:
the unfinished revolutionIT’S TIME TO CHANGE!
![Page 45: Can women save the economy](https://reader036.fdocuments.net/reader036/viewer/2022062822/587f07331a28abc26f8b506f/html5/thumbnails/45.jpg)
WWW.JUMP.EU.COM
Isabella LenarduzziFounder and Managing Director of [email protected]
+32 3 346 32 [email protected]