The Economy

The Economist:In the next decade nearly 1 billion women are likely to enter the global labour force. But their economic potential is largely unrealised...if female employment rates matched those of men, GDP would increase by 5% in America [and the UK] and 9% in Japan by 2020.”

Leadership

Caliper management consulting: “Women leaders are more assertive and persuasive, have a stronger need to get things done and are more willing to take risks than male leaders... Women leaders [are] also ... more empathic and flexible, as well as ... stronger in interpersonal skills than their male counterparts. These qualities combine to create a leadership style that is inclusive, open, consensus building, collaborative and collegial”.

Corporates – the leaking pipeline

Women on Boards February 2011: “Evidence suggests that companies with a strong female representation at board and top management level perform better than those without... It is clear that boards make better decisions where a range of voices, drawing on different life experiences, can be heard. That mix of voices must include women.”

PWC Gender Advisory Council:  “[I]n most ‘first world’ countries, entry-level men and women in the professional services sector are hired at an equal (1:1) rate. However ... women are lost from the pipeline through voluntary termination at a rate two or three times faster than men once they have attained the experienced, mid-career, Manager/Senior Manager level of their careers...The leakage is further illustrated when examining the level of female participation in leadership roles. ...The subsequent lack of female role models at the senior levels exacerbates the perception amongst women that advancement opportunities are limited.  Evidence suggests that this leads to further attrition and a shrinking pool from which to find these leaders and role models.”

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