Questions and Answers
well I'd like to present you all with a
question here is my question
against the backdrop of the current
economic crisis in Europe combined with
the debate the ongoing debate of
legislation tied to quota legislation
for women on boards plus all of the
assertions that are now being made in
the press that women represent the
critical engine for global economic
growth does this represent the perfect
Corporate advancement storm are we finally at a point where
considerations of women's legitimate
leadership potential is recognized and
interpreted in terms of corporate
advancement
it's complicated question and I often
think back to one of my first
experiences roughly 20 years ago and
that is in some sense my informal metric
and let me explain to you what happened
I was invited to join an evaluation
committee in New York I didn't know
really what to expect and I went to a
rather elaborate ballroom for this
meeting and I opened the door and there
was a sea of white men and suddenly this
man came running up to me and he said oh
I'm the black you must be the woman
he was right so where does that leave us
and are we in fact making progress
because certainly if you consider
statistical evidence currently it
doesn't look particularly positive so
let me just examine some statistics in
Europe currently 3% of the top 50
companies in Europe are led by women
women are 1.5 relative to 10 men on
corporate boards and globally women MBAs
are hired at a lower level fewer
promotions less opportunity in terms of
equitable compensation even controlling
for location geography function industry
parental status years of work before and
after the MBA so what is going on
Gender stereotypes research seems to suggest that the
challenge is a rather interesting one
and that is the perpetuation of
gender-based stereotypes and unconscious
bias so what does that mean and I
remember once speaking to a dual career
couple and they gave me the perfect
example that I think manifests why this
is so challenging this particular couple
it's this of an individual he is a an
economist a law professor published
author she is a pediatric surgeon and a
hospital administrator and they have a
young son and they have a reasonably
good working arrangement whereby she
typically drops off their son in the
morning and her partner picks up the Sun
in the afternoon and this particular day
this was not going to work because she
had a very early surgery scheduled that
morning so he took the son to the kinder
pen and just as he was handing the son
over the son threw up all over him so he
was covered with vomit quickly grabbed a
towel wiped it off went running to the
classroom and his student said there's
something going on with the jacket and
he said yes yes I apologize you know I
had to drop off my son oh he was not
even able to finish the
the his comment the students oh my word
tenured professor author juggling all of
this and you take your son and he
thought this was fantastic
so when he went home he shared with his
wife here's the feedback she said stop
right there let me tell you the other
version of this story I come to the
hospital with vomit on my jacket
here's what is not said oh I don't know
that she can multitask she can't handle
the stress she wasn't able to change her
jacket so same behavior different be the
same behavior different interpretations
Research so we did a very interesting study in
2006 where we took 953 managers across
Europe we said we have a very
interesting question to ask you we have
identified the 14 key leadership
attributes and we would like to find out
from you do you more typically associate
this attribute with a man or woman so
for example team-building influencing
upwards problem-solving what was
remarkable was almost without exception
all of the attributes that were deemed
to be taking charge behaviors men by
virtue of simply being men were
perceived to be more competent at that
behavior and women simply by virtue
being women were perceived to be more
competent at taking care now what does
that mean it does not mean that it is
good or bad to take charge or take care
Challenges it simply means that irrespective of
assessments of performance even before
someone has performed there is an
inclination to believe that you will see
this attribute in someone so clearly
there are default perceptions we think
the word leader we think man we think
the word diversity we think women and
there's also a very real danger that
what we underestimate we underutilized
and the third challenge is that we are
gauging potential around performance
leadership ambition based on physically
apparent differences alone and let me
share an example that I think challenges
this a company has a number of different
networks where they're trying to really
identify how to build an inclusive work
environment and this particular company
had a Women's Network had an LGBT
network had a people of color network
and they had a commuter network the
commuter network was for employees who
traveled in excess of one and a half
hours to get to work so this particular
day they were celebrating all of the
networks and the vice-chairman came and
opened the door to that network the
commuters network and in that room were
eight men and one woman and he turned
the woman said why are you here why are
you in the Women's Network and she said
because my issue is my commute my issue
is not my gender and he suddenly
realized that he had made the very
mistake that he had hoped these networks
would address which was the inclination
to come to very precipitous assessments
of talent interests commitments and so
forth based on physically apparent
differences so what do we do about this
Solutions what are the solutions
I think the solutions are fundamentally
being aware of fundamental challenges
tied to these issues one mindsets matter
perceptions stereotypes and so forth
dictate what we tend to look for and
what we expect to find the other
interesting challenge and research
confirms this ironically enough and this
is very surprising there are actually
more differences among women and among
men than between men and women and yet
we tend to think that women are
monolithic group and men are model of
the group and it's simply not the case
and I think too that in this day and age
and we want to really celebrate the
potential and the opportunities for
talent we have to be very very careful
not to be predisposed to expect to see
talent in a certain form so what is a
very practical intervention that has
great potential I often call it the
power of discernment the ability to
notice difference and I had a very
interesting personal experience a couple
of years ago that absolutely confirmed
that I was suffering from a total lack
of discernment this particular day I was
working in Japan and I was driving a car
that had no sideview mirror and no
rearview mirror and I was driving with a
Japanese colleague so I was completely
dependent on this colleague to help me
navigate and we were driving along
accessing a highway and I said Yamato
son is there a car coming and he said no
so of course I proceeded to accelerate
he said it's a large truck and we were
within about four inches of a close
encounter with a stone wall and I just
thought oh my word but he was absolutely
right and I think this is the message
that I wish to leave with you we have to
get to a point where we can discern
difference where we can celebrate and
develop workplaces that actually
leverage these differences not that we
expect confirmation and compilation of
stereotypes that frankly are getting in
the way of accurate assessments and
advancement of talent and I believe we
are on the cusp of a whole new brave new
workplace where the possibilities of
working virtually where people's gender
is not the relevant determinant of the
capacity to lend contributions that will
certainly contribute to the economic and
social well-being of our society thank
you very much
What is the current representation of women on corporate boards in Europe and what is the ratio of men to women?
Women currently represent only 3% of the top 50 companies in Europe and are outnumbered 1.5 to 10 on corporate boards.
What challenges hinder the advancement of women's leadership potential and what is the impact of gender-based stereotypes and unconscious bias?
The perpetuation of gender-based stereotypes and unconscious bias is a major challenge in advancing women's leadership potential. Research shows that men are more often associated with "taking charge" behaviors while women are associated with "taking care" behaviors, regardless of actual performance.
What is the importance of celebrating and leveraging diverse perspectives in creating inclusive and effective workplaces and what potential solutions may lead to a new, more equitable workplace?
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