Gender Balanced Leadership - IBEC conference May 27 2015
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Peter Cosgroves presentation at Gender Balanced Leadership - IBEC conference May 27 2015
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Gender Balanced Leadership - IBEC conference May 27 2015
- 1. Reversing the paradox: Promoting gender-balanced leadership Peter Cosgrove May 27th 2015
- 7. Music Photography News Job Advertising Everything is changing – so will your business/ industry
- 8. It’s a business issue not a diversity issue
- 9. SKILL SHORTAGES MILLENNIALS FUTURE BRAND FUTURE WORKPLACE
- 11. “There will be a global shortfall of 16 – 18 million college educated workers by 2020”
- 12. Women taking over the world
- 13. But not now… LAND CAPITAL RAW MATERIALS Companies used to be powerful only if they had…
- 15. People drive business, revenue and innovation – why would not choose from 100% of the population?
- 16. SKILL SHORTAGES MILLENNIALS FUTURE BRAND FUTURE WORKPLACE
- 17. Millenials
- 18. Millenials
- 19. 76% engagement in diverse companies vs 24% in weak diversity climate
- 21. Millennials are the future, they are collaborative and will demand a diverse workforce
- 22. SKILL SHORTAGES MILLENNIALS FUTURE BRAND FUTURE WORKPLACE
- 24. “The social world is led by women”
- 25. 8 of the top 10 to reach 10 million followers are women Two thirds of sharing is by women Women are 82% of US users
- 28. Traffic - 14,000% Sales - 13,000%
- 31. Your brand is your people, what they say about you and share about you online is crucial, women share more and own more of the spending
- 32. SKILL SHORTAGES MILLENNIALS FUTURE BRAND FUTURE WORKPLACE
- 35. 47% home-working 80 million real estate savings Revenue increase of 185% Working from anywhere and flexible working increases your ability to attract talent
- 37. The will be less restrictions and more freedom about where we work – it will be much more about the output not the inputs
- 40. <2 years : 43% women aspire to top positions >2 years: drops to 16%
- 42. • Stigma attached to those working flexible hours • Employer’s not supportive in balancing responsibilities at home and at work
- 46. Global “Women’s network” program Sponsors for Female Leaders
- 47. 53% higher return on equity 42% increase in sales Gender diversity is not a problem it’s a solution ‘The Bottom Line: Corporate Performance and Women’s Representation on Boards
- 49. Thank You Name: Peter Cosgrove Email: peter.cosgrove@cpl.ie Twitter: @petercosgrove
Notes de l'éditeur
- The pieces are made using recycled construction materials and industrial waste to form a concrete aggregate, Gizmodo reports. The 3D printer used to build the houses is 500 feet long, 33 feet wide and 20 feet high. Each home costs around $US4,800
- Samsung techwin pick and place machine – 23,000 components per hour onto an electronics board – “this is a factory in a box” This used to take a whole company of workers to do this by hand.
- Samsung techwin pick and place machine – 23,000 components per hour onto an electronics board – “this is a factory in a box” This used to take a whole company of workers to do this by hand.
- March 2007 - Two months after Steve jobs rocked the world by unveiling the ipod, Finnish mobile phone giant Nokia bought Navteq (a navigation and road mapping company) for 8.1 billion dollars. Nokia pursued Navteq because it dominated in-road traffic sensor technology. Nokia concluded that owning these road sensors would help them dominate the mapping and mobile information space – and help them battle Google and Apple. The stratospheric price tag represented Navteqs near monopoly of the road sensor industry. Around the same time a company from Israel was created called Waze. Instead of the massive capital investment in road sensor hardware the founders decided to use crowdsourcing, by leveraging the GPS in each users phone. Within 2 years Waze was gathering traffic data from as many sources as Navteq and within four years it had ten times as many sources. What’s more the cost of each additional user was essentially zero not to mention there was no upgrade costs unlike Navteq which costs a fortune. By June 2013 Nokia’s market valuation had plummeted from 140 billion to 8 billion, essentially what it had paid for Navteq! In June 2013 google bought Waze for 1.1 billion – at this point Waze had no infrastructure or hardware, and no more than 100 hundred employees however it did have fifty million users or more to the point 50 million human traffic sensors Nokia failed to see that things would not grow linearly but exponentially Consider Airbnb – its worth 10 billion and it does not own any assets, that is more than Hyatt hotels which has 45000 employees across 549 properties.
- Taxis – also uber
- People did not stop taking pictures or listening to music – they just changed how they did this If everything else is being reinvented why would recruitment not follow?
- A 2007 report from Catalyst called ‘The Bottom Line: Corporate Performance and Women’s Representation on Boards’ found that on average companies with the highest percentage of women on the board of directors achieved a 53% higher return on equity than those with the least amount of women on the board of directors. They also achieved 42% more return on sales and 66% more return on invested capital. Women in work is not a diversity issue. It is a business issue. Use 100% of the talent out there. Talent will be your competitive advantage.
- Pension example
- Do one thing that will set your company in a new direction is to make your company more female-informed. Women are the majority of purchasers and the sharers of everything. Social media better for women. So look at any area that is male dominated and change it.
- Because they had LAND, CAPITAL or RAW MATERIALS..not any more So it all comes down to ...Talent.
- Companies don’t deal in things they deal in knowledge Creativity and innovation is the key – you need the best talent for this
- 23 million people in Europe are unemployed yet vacancies are on the rise China – one child policy going to be a big challenge One child households – different marker for them The idea od your middle age is going to ave to change France in real trouble…but it wont affect the politicians wo are making these laws – it will be their grandchildren
- Diversity has a positive impact on Employee engagement – 76% engaged vs 24% in weak diversity climate.
- They want collaboration – not a command and control environment The expect diverstiy
- 23 million people in Europe are unemployed yet vacancies are on the rise China – one child policy going to be a big challenge One child households – different marker for them The idea od your middle age is going to ave to change France in real trouble…but it wont affect the politicians wo are making these laws – it will be their grandchildren
- On Facebook women participate in 62% of the sharing. 8 out of 10 Twitter users that have hit the 10 million followers milestone are women. Women make up 82% of the American users of Pinterest. Women are more likely to share information about their personal lives
- Melissa Coker – founder and creative director .
- . LA fashion brand Wren released an ad documenting the first kiss of ten couples. The ad was the most viewed video ad of 2014, and even overtook Dove’s ‘Real Beauty Sketches’ of 2013. The ad increased website traffic by 14,000% and increased sales by 13,000%. The message is clear, the newest sales channel for companies is social and women are much more in tune and active in this space
- Former head of mozilla – the company did not like his anti-gay stance – look what they did… “He has a right to free speech!” Indeed he does, and he is exercising it. You know who else has a right to free speech? The people objecting to his donation and saying, “I will not work for or with Brendan Eich.” (I strongly encourage objectors to leave the door open to a reversal and apology.) Should our rights of free speech and free choice be abridged instead?
- do
- 23 million people in Europe are unemployed yet vacancies are on the rise China – one child policy going to be a big challenge One child households – different marker for them The idea od your middle age is going to ave to change France in real trouble…but it wont affect the politicians wo are making these laws – it will be their grandchildren
- Not only can you get access to more workers – you can encourage flexible work – its about the Output Melanie Lane was the name of the General Manager at Shell. GM of Shell’s UK Retail business role modelled flexible working and talked about it openly
- http://www.wiredacademic.com/2013/01/davos-12-year-old-pakistani-prodigy-girl-talks-about-her-online-learning/ Khadijah (Ka-dee-jeh) Niazi of Lahore, Pakistan, is an inspirational example of how online education is revolutionizing learning. She was only 10 years old when she first took the Artificial Intelligence online course on Udacity. She managed to finish the course and, the following year, Khadijah completed Udacity’s Physics course with highest distinction, being the youngest ever girl to complete it. Now, Khadijah is 12-years old, and earlier this month she sat next to Udacity founder Sebastian Thrun, Bill Gates of Microsoft, Larry Summers of Harvard, Thomas L. Friedman of The New York Times, and other panelists at the Victor Pinchuk Foundation’s 6th Philanthropic Roundtable, which took place at Davos in conjunction with the World Economic Forum. The discussion aims to show how MOOCs are finding their way to young prodigies around the world and how they are potentially changing the game in educational access. “I think that MOOCs may allow peace in the world,” she says at one point during the video. Why is she there. Because the Stanford lecturer put all his notes online and all MIT lectures are online and 1.5 million people has put it online. But he has also out the exam online. 20,000 people did the exam online, the same exam first year software engineering students at Stanford did online. She came first!!
- 23 million people in Europe are unemployed yet vacancies are on the rise China – one child policy going to be a big challenge One child households – different marker for them The idea od your middle age is going to ave to change France in real trouble…but it wont affect the politicians wo are making these laws – it will be their grandchildren
- Research from Bain and Company found that women lose ambition and confidence as they progress through their career. The report entitled ‘Everyday Moments of Truth’ revealed that 43% of women surveyed aspire to a top management position in the first two years at a company, compared to 34% of men at that stage. However, over time these aspirations drop to 16% of women aiming for leadership roles. Men’s ambitions remain the same. The report found that the erosion of ambition was due to lack of support for female career advancement from supervisors in the early years
- The Opportunity Now Project 28-40 surveyed 25,000 people (23,000 women and 2,000 men). They found that flexible working is essential to women in balancing their commitments. However, they found that there were two major obstacles to this. There is a stigma attached to those that work flexible hours. The increasingly strong culture of presenteeism in many companies only exacerbates this stigma. Furthermore, many mothers feel their employer is not doing enough to support them in balancing their responsibilities at home and at work. As more companies reap the rewards of remote working, it may encourage a change in culture.
- The Opportunity Now Project 28-40 surveyed 25,000 people (23,000 women and 2,000 men). They found that flexible working is essential to women in balancing their commitments. However, they found that there were two major obstacles to this. There is a stigma attached to those that work flexible hours. The increasingly strong culture of presenteeism in many companies only exacerbates this stigma. Furthermore, many mothers feel their employer is not doing enough to support them in balancing their responsibilities at home and at work. As more companies reap the rewards of remote working, it may encourage a change in culture.
- Mohamed El-Erian, 56, quit his role as CEO of PIMCO investment fund in May 2013The California-based financier said it was 'a cliché' but he wanted to spend more time with his wife Jamie, a lawyer, and daughter His little girl said he missed her first day of school, Halloween parade, first soccer game of the year, parent-teacher meeting and many recitalsHe kept grueling hours - sleeping from 9pm-1am, writing until 430am and then hitting the trading floor for five hours and getting to his office at 9am Mr El-Erian said 'his need to be a good father was greater than his desire to be a good investor' Read more: http://www.dailymail.co.uk/news/article-2767794/Chief-2-trillion-investment-firm-Pimco-decided-quit-10-year-old-daughter-presented-list-22-milestones-life-missed.html#ixzz3aU0YsIWU Follow us: @MailOnline on Twitter | DailyMail on Facebook
- Similarly, Starbuck’s Chief Operating Officer Troy Alstead took an indefinite leave of absence a year after he was promoted to second in command. He said, ‘The next year is for my wife and children, to give them dedicated time and attention’. High profile examples such as these can help change the stigma attached to paternity leave in the coming years.
- Women anecdotally more task oriented, and believe if they do a great job they will be promoted or noticed. Anyone who hard Anne O leary in Vodafone speak about this she called women miners, and men shiners, women do the hard work and men talk about it. Louise Phelan also said it was only when she stopped coming into work every day and putting the head down and working and started walking the floors that the career trajectory took off
- Chevron offersThey offer a global mentoring program with an extensive matching process called the Women’s Network AT&T provide an annual program called the ‘Executive Women’s Leadership Experience’. It targets outstanding women and ensures that they have the right sponsors and advocates at the C-level.
- A 2007 report from Catalyst called ‘The Bottom Line: Corporate Performance and Women’s Representation on Boards’ found that on average companies with the highest percentage of women on the board of directors achieved a 53% higher return on equity than those with the least amount of women on the board of directors. They also achieved 42% more return on sales and 66% more return on invested capital. Women in work is not a diversity issue. It is a business issue. Use 100% of the talent out there. Talent will be your competitive advantage.
- In 2011 Scientists turned to gamification as a last ditch effort to solve the structure of the protein that causes AIDS in rhesus monkeys. The protein structure mystery was put on sharing platform for puzzle solvers and it was worked on by more than 600 players on 41 teams, all from the comfort of their own homes. Within ten days FoldIt players were able to solve a puzzle that had frustrated researchers for ten years. It was the first time that a long-standing scientific problem was solved by scientific gaming participants. One player nicknamed ‘Mimi’ came up with the final breakthrough. She was a member of a team called The Contenders and a science technician at a high school near Manchester. She had been playing Foldit for about 3 years. More importantly she abandoned the science field due to sexism She chooses to stay anonymous Maybe she should not – she is the future of gender in work – a woman working from anywhere on a sharing / collaborative platform who is the best in her field. Maybe she does need to tell her story and take the limelight to help others do the same