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© Global Foresight 2008 www.global-foresight.net [email protected]
Strategic Power Networks:Trade Up …From Impact to Innovation!
Mary O’Hara-DevereauxRayona Sharpnack
Linkage2008 Women in Leadership Summit
November 12, 2008
© Global Foresight 2008 www.global-foresight.net [email protected]
© Global Foresight 2008 www.global-foresight.net [email protected]
Powerful Global Trend
© Global Foresight 2008 www.global-foresight.net [email protected]
Four Global Demographic Fault Lines
Who Will I Become?
Haves/Have-Nots
Haves/Have-Nots
Living LongerLiving Longer
Gen Y Comes of
Age
Gen Y Comes of
Age
Re-invention of Women
Re-invention of Women
• Increasing Gap
• Black Hole
• Increasing Gap
• Black Hole
• Historic Numbers of Educated Knowledge Workers
• Social Revolution
• Historic Numbers of Educated Knowledge Workers
• Social Revolution
• Over 1 Billion Strong
• Techno-savvy
• Global Identity
• Over 1 Billion Strong
• Techno-savvy
• Global Identity
• Rapid Rise of Healthy Older People
• Fastest Growth in Emerging Economies
• Rapid Rise of Healthy Older People
• Fastest Growth in Emerging Economies
© Global Foresight 2008 www.global-foresight.net [email protected]
Women Break Free and Cut a New Path
© Global Foresight 2008 www.global-foresight.net [email protected]
© Global Foresight 2008 www.global-foresight.net [email protected]
… Then They Went to School. More Women Graduate From College Than
Men
0% 10% 20% 30% 40% 50%
AustraliaCzech Republic
FinlandFrance
GermanyHungary
IrelandItaly
JapanRepublic of Korea
MexicoNetherlands
New ZealandPoland
SpainSwedenTurkey
United KingdomUnited States
Women
Men
Tertiary Graduation Rates, 2006% of Total by Gender
© Global Foresight 2008 www.global-foresight.net [email protected]
A Big U.S Trend Unfolding Since 1970 …
58% of college students are women Most Latinos and African American College
students are women About 80% of valedictorians are females Women outperform men at Ph.D. level
© Global Foresight 2008 www.global-foresight.net [email protected]
What’s UpWith Men??
© Global Foresight 2008 www.global-foresight.net [email protected]
Amy RadinChief Innovation OfficerCitibank
Amy RadinChief Innovation OfficerCitibank
Claudia KotchkaVP, Design Innovation & Strategy
Procter & Gamble
Claudia KotchkaVP, Design Innovation & Strategy
Procter & Gamble
Ivy RossEVP Product Design & DevelopmentOld Navy
Ivy RossEVP Product Design & DevelopmentOld Navy
Marissa MayerVP, Search Products & User Experience
Marissa MayerVP, Search Products & User Experience
Women Lead Innovation in Top Companies
© Global Foresight 2008 www.global-foresight.net [email protected]
Key BarriersKey Barriers
© Global Foresight 2008 www.global-foresight.net [email protected]
Conventional Wisdom About Women Persists
They don’t problem solve as well as men Women are not natural leaders Women can’t manage – they’re too emotional Women will not do whatever it takes to get the job
done Women’s role in society is as a temporary worker,
not an equal Women prefer not to work Women will drop off to have a family Women can’t travel because they have children Women prefer men’s companySource: Catalyst, Global Foresight, varied studies, 2006
© Global Foresight 2008 www.global-foresight.net [email protected]
Top Five Barriers in High Tech Companies
Stereotyping High Tech Corporate Culture is exclusionary
and does not support women’s advancement Demands of work/careers is incompatible
with having a commitment to family/personal responsibilities
Women feel isolated because they lack role models, networks and mentors
Companies don’t strategically and objectively identify and develop talent
© Global Foresight 2008 www.global-foresight.net [email protected]
Conventional Wisdom About Women in High Tech Companies
Women will drop off to have a family. Women will not do whatever it takes to get the
job done. Women are not good enough compared to men. Women are not natural leaders. Women can’t manage – they’re too emotional. Women can’t travel because they have children. Women’s role in society is as a temporary
worker, not an equal. Women prefer men’s company.Source: Catalyst Bit by Bit 2003
© Global Foresight 2008 www.global-foresight.net [email protected]
Key Findings
Lack of women in senior positions not just a pipeline issue
Lack of an explicit commitment to diversity at the top
High Tech industry values meritocracy but ‘lack of acceptance of women’ trumps that value
Narrow operating definition of what is acceptable as leadership and the style
Lackluster commitment to true work redesigns that support women’s needs for work-life balance
Not enough respect for personal lives
© Global Foresight 2008 www.global-foresight.net [email protected]
The Male-Female Dilemma
Men have a low comfort level with women at work.
Men often do not give women honest feedback about their performance.
Men base their expectations of women in the workplace on what they know from their own personal lives.
Women feel excluded and many withdraw.