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The Power of Parity Advancing Women’s equality in the UK

Bridging the UK gender gap in work has the potential to create an extra £150 billion on top of business-as-usual GDP forecasts in 2025, and could translate into 840,000 additional female employees.  In this scenario, the United Kingdom has the potential to gain 5–8 percent in GDP. Why then are companies not doing more? Here are just some of the import points from the Mckinsey report that will help you think about what YOU can do to make a difference. Moving towards gender equality is not only a moral and social issue; it is important to future economic growth in…

Hampton-Alexander Review

The first Hampton-Alexander Review published in November 2016 builds on the work of the Davies Review to increase the number of women on FTSE Boards, with an important new focus aimed at improving the representation of women in leadership positions of FTSE 350 companies. “We encourage those not yet focused on improving the number of women leaders in their organisation, specifically CEOs and HR Directors, to join their peers in taking action now. In doing so, companies not only harness the different perspectives and strong skill set of women in decision making, but also address the significant underemployment of women and…

Navigating disruption without gender diversity?

“The best way to navigate disruption is to harness the power of diverse thinking by enabling people with different experiences, ideas and knowledge to come together in an inclusive culture” The recent report “Navigating disruption without gender diversity?” from EY emphasizes the importance of gender diversity and inclusive leadership needed if businesses are to use innovation to navigate the disruptive trends transforming many industry. We agree that despite valuing gender diversity many organisations are not addressing the gender leadership gap in a way that will deliver the cultural change that is needed. The report highlights main 5 gaps, at The Glass Lift we…

Firms with More Women at Top are More Profitable

Businesses looking for a way to improve profitability should consider a simple solution, encourage more women into senior leadership roles! That’s the findings of  the recent study: Is Gender Diversity Profitable? Evidence from a Global Survey by  Marcus Noland, Tyler Moran, and Barbara Kotschwar from the Washington based Peterson Institute. The correlation between women at the C-suite level and firm profitability is demonstrated repeatedly, and the magnitude of the estimated effects is not small.” The paper addresses the relative absence of women on corporate executive boards and at the upper levels of management (C-suite) globally. It is based on a 2014 sample of almost…

Women over 55 are key ‘strategist’ leaders!

Companies are struggling to solve their most difficult problems because they don’t identify and empower the leaders with the right capabilities and attributes to solve them, says PwC in a recent report published by its Consulting Practice: Where are future leaders hidden? According to the research only 8% of senior managers have the Strategist attributes required to affect change. Of 6,000 European professionals surveyed, the largest proportion of strategist leaders were found to be female and over the age of 55, an area of talent often “overlooked,” said Jessica Leitch, people and organisation consultant at PwC. These females were more likely…

Davis Report 2015

The latest Davis report is positive about the prospect of reaching 25% women on FTSE 100 boards in 2015.  It highlights that the focus should now switch to the pipeline of female Executive talent. Davis report update Women on Boards 2015 report

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