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Getting to Equal | International Women’s Day 2019 | Accenture

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Accenture’s “Getting to Equal” gender equality research presentation summarizes the importance of creating a culture of equality to drive innovation. See more.

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Getting to Equal | International Women’s Day 2019 | Accenture

  1. 1. Getting to Equal 2019: Creating a culture that drives innovation EQUALITY = INNOVATION
  2. 2. In this age of widespread disruption, companies must innovate continuously, creating new markets, experiences, products, services, content or processes. Since the year 2000, 52 percent of companies in the Fortune 500 have either gone bankrupt, been acquired, or ceased to exist as a result of digital disruption Source: Constellation Research: Disrupting Digital Business 2Copyright © 2019 Accenture. All rights reserved.
  3. 3. BUSINESS LEADERS RECOGNIZE THAT INNOVATION IS VITAL—AND EMPLOYEES WANT TO INNOVATE HOW DOES A CULTURE OF EQUALITY FOSTER AND BUILD AN EMPLOYEE INNOVATION MINDSET? Source: Getting to Equal 2019, Accenture 95% of business leaders see innovation as vital to competitiveness and business viability 91% of employees want to be innovative 3Copyright © 2019 Accenture. All rights reserved.
  4. 4. BUT THERE IS A DISCONNECT 76 percent of leaders say they regularly empower employees to be innovative, while only 42 percent of employees agree. Source: Getting to Equal 2019, Accenture 4Copyright © 2019 Accenture. All rights reserved. 76% 42% Business leaders who say they empower employees to innovate Employees who feel empowered to innovate
  5. 5. GETTING TO EQUAL 2019: CREATING A CULTURE THAT DRIVES INNOVATION 5 Last year, Accenture identified 40 workplace factors that contribute to a culture of equality, grouping them into three actionable categories: Bold Leadership, Comprehensive Action and Empowering Environment. This year, new Accenture research shows that a culture of equality—the same kind of workplace environment that helps everyone advance to higher positions—is a powerful multiplier of innovation and growth. Copyright © 2019 Accenture. All rights reserved. Source: Getting to Equal 2019, Accenture
  6. 6. A culture of equality is one where most of the 40 factors that influence advancement at work are present. Where more of these are present, employees are more likely to advance and thrive. We’ve grouped these factors, which were identified in last year’s Getting to Equal research, When She Rises, We All Rise, into three pillars. 6 WHAT IS A CULTURE OF EQUALITY? Comprehensive Action Bold Leadership Empowering Environment One that trusts employees, respects individuals and offers the freedom to be creative and to train and work flexibly A diverse leadership team that sets, shares and measures equality targets openly Policies and practices that are family-friendly, support all genders and are bias-free in attracting and retaining people
  7. 7. INNOVATION MINDSET IS GREATEST IN MOST EQUAL CULTURES Employees’ innovation mindset— their willingness and ability to innovate—is six times higher in the most-equal cultures than in the least equal ones Source: Getting to Equal 2019, Accenture 7Copyright © 2019 Accenture. All rights reserved. 6x MOST EQUAL LEAST EQUAL
  8. 8. WHAT IS AN INNOVATION MINDSET? 8 We identified six elements that affect an employee’s ability to be innovative. These six elements are based on extensive research into what drives innovation. Copyright © 2019 Accenture. All rights reserved. Source: Getting to Equal 2019, Accenture Purpose Alignment around and support for the purpose of organization Resources Having the tools, time and incentives necessary to innovate Collaboration Working with other departments or in fluid, cross-function teams Autonomy Being shown a clear mandate for change— and being trusted to follow through Inspiration Tapping into inspiration from beyond the organization Experimentation Experimenting with new ideas quickly without fear of failure
  9. 9. CULTURE’S POWER TO UNLEASH INNOVATION IS BLIND TO INDUSTRY, COUNTRY AND VARIOUS WORKFORCE DEMOGRAPHICS. PEOPLE ACROSS ALL GENDERS, SEXUAL IDENTITIES, AGES AND ETHNICITIES SHOW A STRONGER INNOVATION MINDSET IN MORE EQUAL WORKPLACE CULTURES. AGAINST EVERY FACTOR WE TESTED, CULTURE WINS. 9Source: Getting to Equal 2019, Accenture 9Copyright © 2019 Accenture. All rights reserved.
  10. 10. The combined effect of culture- of-equality and diversity factors on innovation mindset. DIVERSITY REMAINS A CRITICAL BUILDING BLOCK TO UNLEASHING INNOVATION, A CULTURE OF EQUALITY IS AN ESSENTIAL MULTIPLIER TO MAXIMIZE INNOVATION 11% Source: Getting to Equal 2019, Accenture MOST EQUAL CULTURES 11X GREATER LEAST EQUAL CULTURES 10 Copyright © 2019 Accenture. All rights reserved.
  11. 11. AN EMPOWERING ENVIRONMENT IS BY FAR THE MOST IMPORTANT CATEGORY WHEN IT COMES TO ENABLING AN INNOVATION MINDSET Source: Getting to Equal 2019, Accenture 11Copyright © 2019 Accenture. All rights reserved. They have access to training to keep their skills relevant Remote work is widely available and is common practice The most important drivers of innovation mindset that empower employees include: They have access to company training in flexible times and formats
  12. 12. Accenture calculates that global gross domestic product would increase by up to US$8 trillion by 2028 if the innovation mindset in all countries were raised 10 percent. THE OPPORTUNITY IS ENORMOUS GLOBAL GDP OF US$8 TR. AT STAKE Source: Getting to Equal 2019, Accenture 1212Copyright © 2019 Accenture. All rights reserved.
  13. 13. Get clear on purpose Fiercely promote flexible working Train effectively Let people be themselves A ROADMAP TO UNLEASHING INNOVATION Make leaders accountable Set up to innovate Encourage risk- taking Send a loud and broad signal Cross-train and rearrange teams Source: Getting to Equal 2019, Accenture 13Copyright © 2019 Accenture. All rights reserved. Empowering Environment + Purpose + Autonomy Bold Leadership + Experimentation + Resources Comprehensive Action + Inspiration + Collaboration Use networks Look outward Prioritize diversity and equality

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