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Women rock, obviously, so why is there still a serious lack of women in leadership?
There is no doubt gender diversity is in some ways improving. The latest McKinsey Women in the Workplace report shows a jump of 21% commitment to diversity in the past five years, across senior leadership and management groups, as well as amongst men.
But despite women being qualified and ambitious, aspiring to be take senior leadership, they continue to be paid less, promoted less, and are less likely to strive for high-power roles.
In many respects New Zealand is setting the bar in its gender equality efforts, ranking seventh among 149 countries in the World Economic Forum’s Global Gender Gap Report. Yet New Zealand also is one of the lowest-ranked countries in the world for women in senior leadership, according to 2018 professional network research – this despite global indications that women aspire to lead.
Let’s face it – women have always had it tough, and continue to do so. Stats NZ June 2020 quarter labour market statistics show that women are bearing the brunt of job losses in the economic down-turn triggered by Covid-19.
The June quarter data of employment rates was largely was distorted by the Covid-19 lockdown, showing women as accounting for 10,000 – or 90 percent – of the drop in total employment loss.
Fortunately, New Zealand women are pulling together to tackle this wicked problem.
Groups like The Women’s Collective, run by Taryn and Sasha Klajkovic, hold regular events to connect and empower women. Another proactive group is Co.OfWomen. Founded by Tara Lorigan this group has been specially formed to exchange business resources and support between women.
In the technology industry, TechWomen, with leadership from Deloitte, FMG and Microsoft, aims to inspire and support.
The idea that women are not as valuable as their male counterparts in the workplace is frustratingly hard to shake.
It starts in early childhood and tends to be reinforced by schools, parents and media. It leads to the ‘wicked problem’ of the gender pay gap in adulthood – as we repeat stereotypes in interactions across multiple contexts, and are unclear on how to resolve the issues that arise.
It’s especially visible in the workplace, with jokes, dismissive labelling, lack of leadership models and preconceived expectations just some of the reasons why women face an uphill battle in having their full potential realised in the workplace.
There’s every indication that the problems of gender inequality run deep – with McKinsey’s research finding few managers see gender diversity as a high priority, and far fewer are actively working to improve diversity and inclusion.
Employees are more likely to see companies with a strong hiring and performance review approach in place as fair.
But in McKinsey’s Women in the Workplace 2019 research in collaboration with LeanIn.Org, only 6 of 3236 companies report they do all of the following: establish diversity targets, require diverse schedules for hiring and promotions, set clear and consistent evaluation criteria prior to beginning review processes, and make unconscious bias training for employees involved in hiring and performance reviews compulsory.
1. Be gender diverse in hiring and promotions
The problem begins at the point of recruitment.
Current leaders are overwhelmingly men who prefer to select others who they perceive as similar to themselves or with whom they have positive interpersonal relationships.
For those companies looking for a clear road map to support and advance women’s position in the workplace, they should ensure their case for gender diversity is compelling. McKinsey explains this will involve ensuring their formal hiring, promotions and reviews are sensitive to gender bias.
2. Support – and encourage support from – managers
Managers have a strong influence on how employees view their day-to-day opportunities. To have the most positive impact, McKinsey says managers should proactively help them manage their career, showcase their work, and advocate for their getting new opportunities on a regular basis.
While most managers do provide this type of career support, they don’t do it consistently – with McKinsey finding only one in four employees say managers help them build their career, and one in three say managers advocate for new opportunities for them.
Managers also must be equipped with the tools, training and encouragement from company heads they need to fully support their team members.
“I really appreciate that and therefore it makes me feel that PwC is investing in me, and as a result, I am more committed to them.”
3. Encourage mentorships
McKinsey explains organisational mentoring is lacking for both women and men. Fewer than half of the employees at the manager level or higher actively mentor others, with only one in employees say they have a mentor.
While less than a third of employees say they have the mentor support they need to advance their career – encouragingly it’s a jump from a quarter of employees reporting having a sponsor a year ago.
Julie Koespell, digital marketing leader and former ForbesWomen contributor, argues mentorship is one of the surest ways to accelerate career advancement, and employees with sponsors are more likely to get having opportunities to grow and advance.
Gender diversity in the workplace works both ways. Employees care about gender diversity too: they are happier and plan to stay at a gender diverse company longer, increasingly so with younger generations who are more likely to notice bias in the workplace.
New Zealand companies are taking some powerful measures to improve their gender diversity with greater traction, like Spark NZ’s Blue Heart programme that involves a support platform EmpowerED and Air New Zealand’s career outreach programme.
Maybe it’s a good time to ask. Do you?
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