When Women Thrive, Businesses Thrive
At the current rate of change, it will take 217 years to close the global economic gap between the genders – 47 years longer than projected in 2016 and 99 years longer than predicted in 2015, according to the World Economic Forum’s 2017 Global Gender Gap Report.
However, increasing media coverage and discussion of topics of equal pay and treatment of women in the workplace are making everyone – from investors and board members to employees and customers – pay close attention to these issues like never before.
Now we find ourselves at a rare inflection point, navigating broad and potentially game-changing conversations about how women are faring in the workplace and beyond.
Today’s business leaders have a choice to make: Take the opportunity to act now to drive the advancement of women in the workforce or watch the potential for progress slip away.
Four years into our When Women Thrive research, we are now at a point where we can harness enough data, examples and experience from leaders who’ve successfully led through change to make progress for women at their organizations. We’ve identified several key accelerators for driving these changes, including:
- Data and analytics to support and strengthen the decisions being made to advance women in the workplace
- Courageous leadership at all levels of the organization to demonstrate broad commitment to helping women succeed
Holistic coordination and linkage across all aspects of the change effort to make sure they reinforce one another and accelerate progress.