ESOMAR Young Researcher of the Year Danielle Todd V1

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  • 7/27/2019 ESOMAR Young Researcher of the Year Danielle Todd V1

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    Male, Pale and Stale?How more women equal greater profitability

    Necessity of gender diversity

    for industry growth

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    The market research industry is constantly evolvi

    yet we have seen little growth

    w

    +1.7%in North America

    -1.3%in Europe

    +in As-1.3%

    in Middle Eastand Africa+1.3%

    in Latin America

    Emerging

    markets

    Big data

    Gamification

    Mobile/

    Tablets

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    The traditional business management style is con

    male

    M Winters Leadership Styles: Men vs. Women 2011

    Gives/follows orders

    PerformanceCompetitive

    Direct

    Aggressive

    Independent

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    Kerry GlazerCEO of AAR

    Ruth BoltonManaging Custome

    Relationships

    But: Relationship building is vital

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    The traditional business management style is con

    male

    M Winters Leadership Styles: Men vs. Women 2011

    Gives/follows orders

    PerformanceCompetitive

    Direct

    Aggressive

    Independent

    Encourage/

    RelationsCooperative

    Indirect

    Calm

    Team work

  • 7/27/2019 ESOMAR Young Researcher of the Year Danielle Todd V1

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    Female representation on boardsglobal

    12.5%

    12.9%

    8.5%

    9.4%

    5.3%

    7.3%

    15.7%

    20.8%

    8.2%

    3.7%

    31.9% 9.2%

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    Female representation on boardsUK

    Research Magazine The fairer sex fight back 2003Research Magazine Gender Differences In the Market Research Industry 2013

    1female CEOPhyllis Macfarlane,

    CEO NOPWorld

    18% of employeeswork under female CEOs

    2003 2013

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    Why does gender matter?

    Davies Report 2011

    Homogeneity on company boardsDiversity on company boards

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    Financial measures excel where women serve

    Davies Report 2011The Bottom Line: Corporate Performance and Women's Representation on Boards Catalyst 2007

    66%

    Invested capital

    53%

    Equity

    42%

    Sales

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    Companies need to wake up to gendedisparity and add this crucial ingredie

    to long-term growth and profitability

    Gender diversity = growth

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    Implicit association test

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    our current businessmodel is killing business.

    Women are rising to the top less

    frequently than they were Wome

    are checking out and failing to ge

    past middle management.

    Speaking on gender diversity

    Mandy PoolerKantar Board Director

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    Research Magazine Gender Differences In the Market Research Industry 2013

    Lowe

    67

    Senio

    53

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    Implicit Association Testing: Gender associations

    May 2013Base = 184

    LeaderSuccess

    Boardroom

    ManagementProfit

    ConfidentSalary

    Capable

    Communica

    CommittedResourcefu

    Responsible

    Proactive

    Organized

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    Both males and female recognise the exact same

    required for success in market research

    What qualities do you feel are necessary for success in your industry?What qualities do you feel you possess? Base = 184

    A good communicator

    Proactive

    Confident

    Good co

    Res

    Co

    87%81%

    66%Confident

    Competitive

    Risk-taking

    But when asked to identifywhich qualities they

    possessed

    PrResponsible

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    We are losing vital growth and profit not genera

    gender diversity at senior levels

    dd h d b l l l

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    Addressing this gender imbalance at senior levels

    will lead to increased growth and profit!

    S h ?

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    So what now?

    Outside industry initiatives

    Senior mentoring schemes

    Th k !

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    Thank you!