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WELCOME
Introducing
Case#2 Why top management eludes
women in Latin America: McKinsey
Global Survey results
MGT501 Management of Organization & Systems
Shahreen
Shabnam
Nuzhat
Zereen
Noureen
Sharif
Shahriar
Rawshon
Tazreen
Tamanna
Group Member
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
2
Introduction…
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
3
Critically evaluate the situation of
gender diversity and its
implications to the organizations.
Lets start…
Why top management eludes women in
Latin America: McKinsey Global Survey
results
4
Gender Equality
Gender Diversity
Key Concepts
7/7/2014
Why top management eludes women in Latin America: McKinsey
Global Survey results
5
Genderdiversity:Lookingback
Temporary or part-time or low responsibility jobs
First priority: taking care of their families
Unmarried women: quit for marriage
Married women: quit due to pregnancy
Women with children: family over job
Women inferior to men: physically /mentally/emotionally
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
6
Women in the workforce
Genderdiversity:Present
scenario
Women are not inferior to men
Work first, family second
Job is not “temporary” or “extra income”
Organizations have also adjusted their outlook
Discrimination and sexual harassment are illegal
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
7
Women in the mainstream
1. Bureau of Labour and Statistics 2012
2. Catalyst, 2013
3. Australian Bureau of Statistics, 2012
4. Catalyst, 2013
5. Statistics Canada, 2012
6. Governance Metrics International 2012
Gender diversity in top
management
7/7/2014 Why top management eludes women in Latin America:
McKinsey Global Survey results
8
Women as % of Labor
force
Mngmnt & prof
occupations
Corporate
board
seats
US 471 511 162
Australia 463 313 94
Canada 485 375 145
Portugal 26
Netherlands 136
Italy 56
Switzerland 96
Belgium 96
UK 116
Germany 136
Gender diversity and its
implications to the organizations.
Lets start…
Why top management eludes women in
Latin America: McKinsey Global Survey
results
9
Implications for the
organizations
The advantages of
gender-diverse
teams
7/7/2014
Why top management eludes women in Latin America: McKinsey
Global Survey results
10
The advantages of gender-diverse teams
Viewpoints of Man-Women.
A gender-diverse workforce provides .
A gender-diverse workforce allows .
Gender diversity helps companies .
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
11
Implications for the organizations
Identify of business units.
Develop a hiring strategy .
Create an engaged culture .
Set inclusiveness goals, and hold
managers.
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
12
From the article, it has been
reported that gender diversity is
gaining top strategic priority in
organizations. Why?
Define in the next…
Why top management eludes women in
Latin America: McKinsey Global Survey
results
13
• 2013 survey strongly suggests
that prevailing leadership styles
among top managers and
performance models stressing
that executives make themselves
available 24/7 can be important
barriers to women’s
advancement.
Gender diversity is gaining top strategic priority
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
14
The divergence of views
between men and women
executives, from middle
management to the C-suite, on
the difficulties women face in
advancing
Cultural factors that limit progress
Seventy-nine percent of all mid- or senior-level women want to reach top management,
compared with 81 percent of men.
many are less certain they will reach the top: 69 percent of senior women say they are
confident they’ll reach the C-suite, as opposed to 86 percent of their male peers
favorable environment and cultural factors weighed twice as heavily as individual factors in
determining how confident women felt about reaching top management.
almost 40 percent of female respondents said that women’s leadership and communication
styles don’t fit with the prevailing model of top management in their companies.
having children is compatible with a top-level career for women, 62 percent of all
respondents agree—but a much larger share (80 percent) think that’s true for men.
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
15
Male perceptions
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
16
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
17
Workforce that is diverse in
terms of gender and
promotes equality
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
18
Attract the best employees
Reduce cost of staff turnover
Enhance organizational performance
• Team diversity
• Workforce diversity
Improve access to target markets
Minimize legal risks
• Sexual harassment
• Pregnancy and maternity discrimination
What are the barriers that are
evident in the article from gender
perspectives?
Women disproportionately are failing to attain high-level positions. This article explores the possible reasons
for the persistent barriers, wage and gender gap between women and men in senior leadership positions.
Why top management eludes women in
Latin America: McKinsey Global Survey
results
19
o Female respondents most likely to attribute
this imbalance to lower promotion rates for
women,
o Low female representation in their
companies overall,
o Female attrition in mid- to senior-level
positions.
Threekeyreasonsexplainsthelackofgenderdiversityamong
companies’andtheunderlyingcauses.Theresultsvarygreatlyby
gender.
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
20
• Largest share of executives (35
percent) attribute this to the notion
they have, which are:
o Industries are traditionally less
attractive to women than to men.
o Women leave voluntarily, it’s to
spend more time with family: 52
percent say so. In a survey, on
average, much less likely to cite
family reasons as the explanation (37
percent).
• Male and female respondents view
the root causes of low promotion
rates very differently which are:
o Men most often cite a concentration
of female employees in departments
with comparatively lower promotion
rates and less upward mobility,
o While women most often cite a lack
of sponsorship.
o Responses from female executives
suggest they are as ambitious as their
male counterparts—or even more so:
79 percent of women say they would
choose to advance to C-level
management, compared with 73
percent of men.
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
21
Women face persistent barriers to reaching top
management
Double burden syndrome -Women balancing work and domestic responsibilities.
Anytime, anywhere - performance model- Requiring unfailing availability and
geographical mobility
Lack of pro-family public policies or support services
Absences of female role models
Tendency of women not to promote themselves
Decisions by women to opt out and leave workforce voluntary-Women quieting
job voluntarily is again an alarming issue.
Tendency of many women to network less effectively than men
Tendency of many women to have lower ambitions than men
There are no barriers
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
22
Can you relate with Bangladeshi
working environment with the
situation provided in article?
Bangladeshi Environment…
Why top management eludes women in Latin America:
McKinsey Global Survey results
23
Some Statistics in Bangladesh
The majority of women
earn on average about
three-fourth of the pay of
males for the same work,
outside the agricultural
sector, both in developed
and developing countries.
Women make up 31% of
the official labor force in
developing countries and
46.7% worldwide.
Rural women produce
more than 55% of all food
grown in developing
countries.
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
24
Glass ceiling effect: Female executives in Bangladesh
Different reports
indicate that in
Bangladesh, women
fill less than 1.0 per
cent of top
management
positions.
The culture of
Bangladeshi
organizations inhibits
the promotion of
female executives
From the viewpoint
of organizational
culture,
• 42.3 per cent felt that it
was more difficult for
women than men to be
themselves while working
independently at work.
• 38 per cent felt that it was
difficult to assign tasks for
women to go outstation
or overseas and
• 26.4 per cent was
independent
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
25
Some organizations which concern about gender diversity
in Bangladesh(cont.)
BRAC:
• Provides Gender training, Gender policy (GP) etc.
It emphasizes gender issues into programmes
through gender focal points (GFP).
• New initiatives
– In 2012, the following are the two new initiatives
being taken:
• A. Sexual and reproductive health rights (SRHR) programme
• B. Violence against women (VAW)
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
26
Some organizations which concern about gender
diversity in Bangladesh(cont.)
CARE Bangladesh :
• works to advance gender
equity and diversity (GED),
fighting discrimination,
promoting empowerment.
Grameen Bank:
• Nobel Peace Prize-
winning microfinance organi
zation and community
development bank founded
in Bangladesh. It’s 95
percent of the borrowers
are women. It believes:
– Women are better managers
of scarce resource.
– When women borrow,
children become immediate
beneficiaries.
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
27
What’s Your Message?Conclusion
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
28
? Any Question???
Floor is open for question
Why top management eludes women in
Latin America: McKinsey Global Survey
results
29
»Thank You
Everyone
7/7/2014
Why top management eludes women in
Latin America: McKinsey Global Survey
results
30

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Case on gender diversity

  • 1. WELCOME Introducing Case#2 Why top management eludes women in Latin America: McKinsey Global Survey results
  • 2. MGT501 Management of Organization & Systems Shahreen Shabnam Nuzhat Zereen Noureen Sharif Shahriar Rawshon Tazreen Tamanna Group Member 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 2
  • 3. Introduction… 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 3
  • 4. Critically evaluate the situation of gender diversity and its implications to the organizations. Lets start… Why top management eludes women in Latin America: McKinsey Global Survey results 4
  • 5. Gender Equality Gender Diversity Key Concepts 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 5
  • 6. Genderdiversity:Lookingback Temporary or part-time or low responsibility jobs First priority: taking care of their families Unmarried women: quit for marriage Married women: quit due to pregnancy Women with children: family over job Women inferior to men: physically /mentally/emotionally 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 6 Women in the workforce
  • 7. Genderdiversity:Present scenario Women are not inferior to men Work first, family second Job is not “temporary” or “extra income” Organizations have also adjusted their outlook Discrimination and sexual harassment are illegal 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 7 Women in the mainstream
  • 8. 1. Bureau of Labour and Statistics 2012 2. Catalyst, 2013 3. Australian Bureau of Statistics, 2012 4. Catalyst, 2013 5. Statistics Canada, 2012 6. Governance Metrics International 2012 Gender diversity in top management 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 8 Women as % of Labor force Mngmnt & prof occupations Corporate board seats US 471 511 162 Australia 463 313 94 Canada 485 375 145 Portugal 26 Netherlands 136 Italy 56 Switzerland 96 Belgium 96 UK 116 Germany 136
  • 9. Gender diversity and its implications to the organizations. Lets start… Why top management eludes women in Latin America: McKinsey Global Survey results 9
  • 10. Implications for the organizations The advantages of gender-diverse teams 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 10
  • 11. The advantages of gender-diverse teams Viewpoints of Man-Women. A gender-diverse workforce provides . A gender-diverse workforce allows . Gender diversity helps companies . 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 11
  • 12. Implications for the organizations Identify of business units. Develop a hiring strategy . Create an engaged culture . Set inclusiveness goals, and hold managers. 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 12
  • 13. From the article, it has been reported that gender diversity is gaining top strategic priority in organizations. Why? Define in the next… Why top management eludes women in Latin America: McKinsey Global Survey results 13
  • 14. • 2013 survey strongly suggests that prevailing leadership styles among top managers and performance models stressing that executives make themselves available 24/7 can be important barriers to women’s advancement. Gender diversity is gaining top strategic priority 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 14 The divergence of views between men and women executives, from middle management to the C-suite, on the difficulties women face in advancing
  • 15. Cultural factors that limit progress Seventy-nine percent of all mid- or senior-level women want to reach top management, compared with 81 percent of men. many are less certain they will reach the top: 69 percent of senior women say they are confident they’ll reach the C-suite, as opposed to 86 percent of their male peers favorable environment and cultural factors weighed twice as heavily as individual factors in determining how confident women felt about reaching top management. almost 40 percent of female respondents said that women’s leadership and communication styles don’t fit with the prevailing model of top management in their companies. having children is compatible with a top-level career for women, 62 percent of all respondents agree—but a much larger share (80 percent) think that’s true for men. 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 15
  • 16. Male perceptions 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 16
  • 17. 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 17
  • 18. Workforce that is diverse in terms of gender and promotes equality 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 18 Attract the best employees Reduce cost of staff turnover Enhance organizational performance • Team diversity • Workforce diversity Improve access to target markets Minimize legal risks • Sexual harassment • Pregnancy and maternity discrimination
  • 19. What are the barriers that are evident in the article from gender perspectives? Women disproportionately are failing to attain high-level positions. This article explores the possible reasons for the persistent barriers, wage and gender gap between women and men in senior leadership positions. Why top management eludes women in Latin America: McKinsey Global Survey results 19
  • 20. o Female respondents most likely to attribute this imbalance to lower promotion rates for women, o Low female representation in their companies overall, o Female attrition in mid- to senior-level positions. Threekeyreasonsexplainsthelackofgenderdiversityamong companies’andtheunderlyingcauses.Theresultsvarygreatlyby gender. 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 20
  • 21. • Largest share of executives (35 percent) attribute this to the notion they have, which are: o Industries are traditionally less attractive to women than to men. o Women leave voluntarily, it’s to spend more time with family: 52 percent say so. In a survey, on average, much less likely to cite family reasons as the explanation (37 percent). • Male and female respondents view the root causes of low promotion rates very differently which are: o Men most often cite a concentration of female employees in departments with comparatively lower promotion rates and less upward mobility, o While women most often cite a lack of sponsorship. o Responses from female executives suggest they are as ambitious as their male counterparts—or even more so: 79 percent of women say they would choose to advance to C-level management, compared with 73 percent of men. 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 21
  • 22. Women face persistent barriers to reaching top management Double burden syndrome -Women balancing work and domestic responsibilities. Anytime, anywhere - performance model- Requiring unfailing availability and geographical mobility Lack of pro-family public policies or support services Absences of female role models Tendency of women not to promote themselves Decisions by women to opt out and leave workforce voluntary-Women quieting job voluntarily is again an alarming issue. Tendency of many women to network less effectively than men Tendency of many women to have lower ambitions than men There are no barriers 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 22
  • 23. Can you relate with Bangladeshi working environment with the situation provided in article? Bangladeshi Environment… Why top management eludes women in Latin America: McKinsey Global Survey results 23
  • 24. Some Statistics in Bangladesh The majority of women earn on average about three-fourth of the pay of males for the same work, outside the agricultural sector, both in developed and developing countries. Women make up 31% of the official labor force in developing countries and 46.7% worldwide. Rural women produce more than 55% of all food grown in developing countries. 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 24
  • 25. Glass ceiling effect: Female executives in Bangladesh Different reports indicate that in Bangladesh, women fill less than 1.0 per cent of top management positions. The culture of Bangladeshi organizations inhibits the promotion of female executives From the viewpoint of organizational culture, • 42.3 per cent felt that it was more difficult for women than men to be themselves while working independently at work. • 38 per cent felt that it was difficult to assign tasks for women to go outstation or overseas and • 26.4 per cent was independent 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 25
  • 26. Some organizations which concern about gender diversity in Bangladesh(cont.) BRAC: • Provides Gender training, Gender policy (GP) etc. It emphasizes gender issues into programmes through gender focal points (GFP). • New initiatives – In 2012, the following are the two new initiatives being taken: • A. Sexual and reproductive health rights (SRHR) programme • B. Violence against women (VAW) 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 26
  • 27. Some organizations which concern about gender diversity in Bangladesh(cont.) CARE Bangladesh : • works to advance gender equity and diversity (GED), fighting discrimination, promoting empowerment. Grameen Bank: • Nobel Peace Prize- winning microfinance organi zation and community development bank founded in Bangladesh. It’s 95 percent of the borrowers are women. It believes: – Women are better managers of scarce resource. – When women borrow, children become immediate beneficiaries. 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 27
  • 28. What’s Your Message?Conclusion 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 28
  • 29. ? Any Question??? Floor is open for question Why top management eludes women in Latin America: McKinsey Global Survey results 29
  • 30. »Thank You Everyone 7/7/2014 Why top management eludes women in Latin America: McKinsey Global Survey results 30