CATALYST Issue 2 | Page 30

Talent Centric “Senior women have a responsibility to be incredibly visible” in research by everywoman published in 2016, while 49% of the global workforce is female, some 33% of businesses around the world still have no women in leadership positions. This same research reveals that 74% of the network feel inspired through having access to role models, which Gill agrees is a fundamental part of making headway on this agenda. “Senior women have a responsibility to be incredibly visible and mentor other young women where they can,” she says. “If you look at why men get on and get promoted – it’s often because they put themselves forward, speak up and network, which women don’t do as much.” But she is quick to point out that the emphasis should not focus on changing women, but rather hinge on an acknowledgement among leaders of innate gender behavioural differences and putting in place mechanisms to support this. “Leaders need to look at talent and if they’re 81 % of women say that access to learning & development enabled them to progress their careers 75% expect to continue growing their careers at their existing organisations 74% felt inspired through having access to role models not putting themselves forward, encourage them and say ‘you are ready – what can we do to help you?’.” Which industries are leading the way? “The technology and banking sectors are really driving for more women. They know they must have the balance to reflect their diverse customer base.” Take bold steps and risks with talent Gill would like to see organisations taking “bold steps” around gender diversity, and for others to follow. “Take risks – consider swapping skill sets around for example. Often people don’t get to board level unless they’ve spent years working in all sorts of countries, but you don’t have to have done that to bring innate leadership skill to the business,” she says. “There are quick wins such as insisting you get an equal number of men and women on recruitment shortlists. Put targets in place to show what you are striving for. Look at your operational areas and identify where you can make changes.” She concludes: “Ultimately, this is about social, cultural and business transformation. Ensuring that all talent is able to come to work, be themselves and thrive.” THE EVERYWOMAN MODEL UNCOVER ROLE MODELS INVEST IN FEMALE TALENT STRONGER RETENTION AND ENGAGEMENT LEVELS MAKING GENDER DIVERSITY A REALITY – WHAT DOES BUSINESS NEED? Leadership commitment A CEO who is visibly dedicated to achieving gender parity by investing in female talent is crucial. The key messages from leadership should focus on gender parity as critical for strong governance, effective decision making, satisfied customers, innovation and profitability, rather than it simply being a ‘nice to have’ or ‘the right thing to do’. Initiatives to drive mentoring and sponsorship across the business LOWER TURNOVER GREATER PROFITS alexandermannsolutions.com 30 Pairing women at all levels with more senior figures who can offer regular guidance as they progress can have a hugely positive impact on career paths. Mentoring, whereby line managers hold open conversations about their employees’ goals and ambitions, and sponsorship, whereby senior executives sponsor a talented female in lower ranks, are equally important in fostering a culture in which development of women becomes the norm. A solid business case Demonstrating a clear return on investment is a critical factor for gaining buy-in across the board and measuring ongoing success. Source: Retaining and Advancing Women in Business, A model for Success – everywoman, 2016