Jeffery Tobias Halter President, YWomen WHY WOMEN – The Leadership Imperative to Advancing Women and Engaging Men.

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Presentation transcript:

Jeffery Tobias Halter President, YWomen WHY WOMEN – The Leadership Imperative to Advancing Women and Engaging Men

WHAT ARE THE TOP 3 BUSINESS CHALLENGES FACING YOUR ORGANIZATION TODAY ©YWomen.biz May not be reproduced or redistributed

“We’re operating in a slow-growth, highly competitive environment, which places even greater importance on strong innovation and productivity improvement.” – Procter & Gamble CEO A.G. Lafley ©YWomen.biz May not be reproduced or redistributed

More Women on Boards Return on Equity: On average, companies with the highest percentages of women board directors outperformed those with the least by 53 percent. Return on Sales: On average, companies with the highest percentages of women board directors. outperformed those with the least by 42 percent. Return on Invested Capital: On average, companies with the highest percentages of women board directors outperformed those with the least by 66 percent. © YWomen May not be reproduced or redistributed

The Leadership Imperative Move leaders and the organization from conceptual understanding of a women’s leadership strategy to a deeply internalized and operational strategy executed with a sense of urgency ©YWomen.biz May not be reproduced or redistributed

─ 56% of men vs. 39% of women think women have made considerable progress in the last 10 years Male Leader Gender Fatigue The Sponsor Effect ©YWomen.biz May not be reproduced or redistributed

─ 58% of men say progress has been by companies trying harder to promote women ─ 57% of women credit their own performance and educational credentials Male Leader Gender Fatigue The Sponsor Effect ©YWomen.biz May not be reproduced or redistributed

Men are less likely to recognize gender bias ─ 49% of women think gender bias is alive and well today, only 28% of men agree Male Leader Gender Fatigue The Sponsor Effect ©YWomen.biz May not be reproduced or redistributed

Only Three Business Reasons ─ Grow Revenue ─ Improve Operating Profit ─ Enhance Company Reputation ─ It’s What Great Companies Do! ─ What it’s not – a journey, a nice thing to do, a women’s thing, men lose/women win ©YWomen.biz May not be reproduced or redistributed

Baseline Business Case 80/80/80 ©YWomen.biz May not be reproduced or redistributed

Baseline Business Case 80/80/80 Allconsumer purchases … 83% Home Furnishings…94% Vacations…92% Financial Services 89% Houses…91% D.I.Y. … 80% D.I.Y. (major “home projects”) … 80% Women in the US Buy or Influence : ©YWomen.biz May not be reproduced or redistributed

Baseline Business Case 80/80/80 By ,000,000 New Jobs Created 32,000,000 Jobs Vacated 52,000,000 Positions to be Filled 29,000,000 Potential New Employees 23,000,000 Employee Gap ©YWomen.biz May not be reproduced or redistributed

Baseline Business Case 80/80/80 Engagement = Productivity 78% of business leaders rate retention and engagement as urgent or important, but only 15% believe they are ready to address it. Deloitte’s 2014 Global Human Capital Trends ©YWomen.biz May not be reproduced or redistributed

Sr. Leadership (The Leadership Imperative) Revenue Operating Profit/Effectiveness Operations, Sales and Supply Chain (The Field Factor) Sales and Marketing (The $7 Trillion Niche) Human Resources (The HR Paradox) YWomen Integrated Leadership Framework Company Reputation Integrated Communications The Y Women 80/80/80 Business Case ©YWomen.biz May not be reproduced or redistributed

Male Cultural Norms = Corporate Cultural Norms Avoid all things feminine Be a winner Be strong Be a man’s man ©YWomen.biz May not be reproduced or redistributed

Engaging Male Champions © YWomen May not be reproduced or redistributed Strong sense of ‘fairness’ Non-biased view of ‘talent’ Deep understanding of the business case, education & dialogue Personal connection

The Father of Daughter's Initiative Ten simple things men can do to advocate for women Go to daughter-initiativewww.ywomen.biz/father-of- daughter-initiative Agree to do a minimum of one thing Print it out, put your daughters name on it Post it in your office ©YWomen.biz May not be reproduced or redistributed

daughter-initiative Examples  Seek to Understand.  Mentor and Sponsor.  Create a Business Case.  Champion Gender Pay Equity.  Set An Example to Correct Bias.  Support Workplace Flexibility.  Offer Encouragement

Summary - The Leadership Imperative Move leaders and the organization from conceptual understanding of a women’s leadership strategy to a deeply internalized and operational strategy executed with a sense of urgency ©YWomen.biz May not be reproduced or redistributed

Jeffery Tobias Halter President, YWomen WHY WOMEN – The Leadership Imperative to Advancing Women and Engaging Men