October 14, 2010 by Ilene H. Lang
The gender gap receives attention as a serious business issue as more corporate leaders adopt programs and policies to remove barriers to advancement of women. Women are being recognized as a source of talent and future leadership, and progressive business leaders are working toward a truly level playing field. Some recent stories point to research by Catalyst and others to support these actions.
Women in Power Is a Leadership Issue
In a opinion piece in The Globe and Mail’s Time to Lead: Women in Power series, North American Vice President Deborah Gillis uses facts and research to counter the misconceptions that women have made it and that promoting women disadvantages their male colleagues. The fact is that women continue to be underrepresented at senior levels of business and in Parliament. And corporations with women at senior levels are growing their bottom line—and opportunities for all their employees.
Women on Boards Correlate to Stronger Financial Performance
Corporate recruiter Janice Ellig, CEO of Chadick Ellig, cites research by McKinsey & Company and Catalyst to demonstrate effect of senior women on financial performance. “It’s not just in the boardroom, it’s at the C-Suite too. Those are the people making the decisions.”
Gender Diversity: Not Just a Woman’s Issue
Gender equality is still an issue at work, but it is not a women’s issue. Gender initiatives have traditionally focused on improving women’s participation in the workplace, but recently (in sociological terms, anyway) there has been a shift towards making “gender-“’ a gender-neutral problem.
Powerful Women Make Mistakes—and Make the Most of Them
Moira Forbes blogs about the similarities between an effervescent seven-year- old’s “awesome” pink cast and the lessons some powerful women have learned from apparent setbacks.