This January, Germany has dominated the news for women in business, with their bold step to require stock exchange-listed companies with executive boards of more than three, to have at least one woman on those boards. The cabinet have approved draft legislation to this effect, which according to the Justice Ministry, "would affect about 70 companies – of which 30 currently … [Read more...]
Being Equal is Not the Issue – It is About Value
The word ‘equality’ derives from the word ‘equal’, which is defined as being the same or identical. Therefore, two things that are not the same cannot possibly be equal. That said, two different things can be considered to have the same value; and this is far more important than trying to actually be equal when we’re not designed to be. Men and women are different in so many … [Read more...]
Queen Bees in the Workplace
There is no denying that there is a lack of women in the workplace, especially in industries such as IT, finance, construction and engineering. The stats vary from country to country, but nevertheless, the issue exists worldwide. This has an effect far greater than just on women’s careers. It affects men, women, businesses, and the economy because research shows that a more … [Read more...]
Corporate Diversity Yields Positive Bottom-Line Results – Infographic
Research has found again and again that a diverse team is a strong team capable of driving better bottom-line results than a non-diverse team. A new infographic from Adecco (shown at the end of this article) provides a timeline of workplace diversity as well as some key statistics that prove how important diversity is to company success. As you'll see from the numbers, … [Read more...]
Top 50 Companies for Diversity in 2014
DiversityInc has released its annual ranking of the top 50 companies for diversity. This is the fifteenth year that the ranking has been done. For the 2014 list, 1,215 companies with a minimum of 1,000 employees each participated in a survey used for the ranking process so they could see how they stack up in supporting diversity in comparison to their competitors. To develop … [Read more...]
A Lack of Gender Diversity in Leadership Is Hurting Companies
In a new research study, Women Wanted: How a Renewed Focus on Culture Can Break the Diversity Stalemate, PA Consulting Group analyzed the performance and workplace equality of 50 leading organizations to determine what the relationship is between high-performance cultures, the number of women executive teams, and the gender diversity challenge. The research team focused on … [Read more...]
Just 4 out of 10 Male Senior Executives Believe More Women are Needed in Senior Positions
New research from the Conference Board of Canada found that just 42% of male senior executives agree that more women are needed in senior-level positions versus 90% of female senior executives. Interestingly, the percentage of males who believe more women are needed in the senior ranks increases in inverse proportion to the hierarchical level of the males' roles. The exact … [Read more...]
Study Finds Women are More Ethical at Work than Men
A research team at the University of Pennsylvania's Wharton School released a new study that shows, "women are less willing to sacrifice ethical values for money and social status and that women associate business with immorality more strongly," CNN reports. The research involved three separate studies with a main element focusing on a series of fictitious job descriptions … [Read more...]
Great Leaders Know Diverse Teams are Stronger Teams
Gary Shapiro leads the Consumer Electronics Association, and at last week's The Next Web Conference 2013, he explained how important diversity is to developing strong teams and successful businesses. After his speech, Gary spoke with Paul Sawers of The Next Web and provided some details about what he believes makes a good leader. He says that strong leaders are willing to … [Read more...]
What Four Letter Words are in the Way of Your Career?
NEWS AND INSIGHTS UPDATE: In business, there are a variety of words that, when used in the context of women, have become akin to "four letter words." Marcy Twete, founder and CEO of Career Girl Network, has identified a few of these words such as driven and family-oriented. While these words can be viewed as positives when they're associated with men, they're seen as just … [Read more...]