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Jane Wilson
@thatwilsonwoman
Gender balance at the top:
Why is it Different for Girls?
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• Is there a problem at the top?• The Leaking Pipeline• The gender balance business
case• The future of leadership• Practical steps, positive
action
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• 15% of private business are owned by women
• 19% of FTSE 100 Directors are female• 6% of FTSE 100 Exec Directors are
female• 24% of FTSE 100 Non Exec Directors
female• 22% UK MPs female
Is there a Problem at the top?
Source:Department for Business, Innovation & SkillsOctober 2013
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In my world
In the PR profession:• Women more likely to hold mid level /
manager positions than men (31% v 23%)• Men twice as likely as women to be
Directors, Partners or MDs (27% v 14%)• Men 3x more likely to earn highest salaries
in the industry (9% over £150k v 3%)• Glass ceiling at £47k / manager level
Source:Chartered Institute of Public Relations State of the Profession Survey 2012
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The Leaking Pipeline
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• Women have to take extended time out to have children and lose skills
• There are not enough women to fill senior roles
• Women are not as ambitious as men• Corporate life doesn’t suit women as
much as men
Source:Women in Leadership, Ernst & Young Australia
Debunking the myths
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The gender balance business case
Studies show that significant presence of female leaders in an organisation measurably contributes to its health and wealth.
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Don’t take my word for it
Fortune 500 companies with three or more women in board positions created a competitive advantage over companies with no women on their boards in the following three areas:• Return on Sales: 84% advantage• Return on Invested Capital: 60%
advantage• Return on Equity: 46% advantage
Source:Catalyst, The Bottom Line: Corporate Performance & Women’s Representation on Boards (2004–2008)Further supporting research by McKinsey, HBR, Tinbergen Institute via www.inpowerwomen.com
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“The Woman Effect” is already making a difference
Good news
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“The Feminisation of Leadership”
Cass Business School predicts
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• Be assertive. Studies show women leaders no longer rated down for expressing assertiveness
• If you are not on the Board but in a senior management role, ask to attend meetings when the Board is considering projects from your area.
• Analyse the skills and experience currently on your Board and others. What are the skills that bring value?
• Add something new. Success is rarely about replicating something that already exists.
• Get experience elsewhere. But participate fully or you will not add value or learn anything.
• Get qualified.
Source:British Journal of Psychology, 2013
Practical steps .. for women
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Positive action.. for business
• Build a gender neutral culture• Make childcare a parental not maternal issue &
re-look at the economics of childcare• Consider mentoring and positive role modelling• Take a positive attitude to diversity and equality
and open your eyes to unconscious bias• Consider your stance on targets v quotas for
leadership roles• Re-look at how contribution is valued,
particularly for those flexible or part-time roles
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“Lean in…”
Sheryl SandbergCOO, Facebook
Some final words of advice
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“If we lean in any further we’ll fall over”
Avril LeeEx CEO, Ketchum London
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Thank you