join our
in the survey. Between 2022 and 2024, female-focused internships fell, from 24% of companies surveyed to 11% and 14% to 8% for women of colour. Recruiting programmes for women also dropped from 48% to 34%, and from 30% to 18% for women of colour. If the dial had shifted on the
potential and feel like they belong is more likely to result in improved engagement, wellbeing and productivity,” said Angela Cooke. “Not having an inclusive and diverse organisation risks poorer decision-making without challenge to the status quo, it risks poorer engagement from employees, and reputational damage if organisations get it wrong. “Because of this, DEI are at the
heart of what Blick Rothenberg do – we believe that success is a people business, and we are living our purpose to improve the lives of our colleagues, clients and communities. This is encapsulated by our drive to ‘celebrate individuality’ with an emphasis on promoting diversity and inclusion.”
LEANING INTO THE FUTURE This focus on inclusive belonging could be playing out in the type of support companies are offering in the McKinsey study. Over the past few years, US employers have cut back their tailored support for women’s career advancement. In 2015, 45% of companies surveyed ran formal mentorships, rising to 48% in 2022, but dropping sharply to 37% today. For women of colour, the fall from 2022’s 25% was sharper still, to just 15% in 2024. Less support for internships and
recruiting programmes, especially for women of colour, is also evident
horizon for parity, then this would be less of a concern. But the data aligns with the sentiments and perceptions of unfairness and positive discrimination at a time when the research shows employers would do better to double down on diversity and inclusion investment. Paying attention to talent attraction and the employer value proposition and individual needs around career development and culture, as well as benefits and rewards, hybrid and international opportunities, including dual career, and wellbeing, are going to be key if the trails blazed by senior women over the past decade are to remain open and accessible to a deeper talent pool. Fortunately, companies surveyed
are setting inclusion as a top priority for managers and doing more to activate employees as agents of change. Nearly all companies now offer bias or allyship training. Yet still only around a third of women (32%) and 29% of men say they will take a public stand for racial equity and similar numbers for calling out microaggressions against women of colour in the moment. Practical training, leadership and awareness of perceptions of ‘fairness’ versus the reality, and the ability to have difficult conversations will help foster a corporate culture where everyone feels included and a sense of belonging. “The next phase of change
will require even more tenacity, creativity, and optimism, which starts with companies rekindling their commitments to equity and fairness that have gotten us this far,” says McKinsey. “For senior leaders, this means continuing to champion this important work and challenging themselves and their organisations to do better. For most companies, this will require implementing more of the right practices to help women advance.”
EVENT 7 March 2025
THINK GLOBAL WOMEN: BEST PRACTICE & POLICY GUIDELINES
Delegates at Think Global People’s 2024’s International Women’s Day event at the Institute of Directors – themed on ‘inspiring inclusion’ – shared what works in their organisation and the international context. The framework covered seven areas:
• flexible and hybrid working practices • wellbeing, resilience and mental health • menopause awareness • building confidence and creating allyship
• international mobility and career advancement
• pay disparity and pay equality.
Maintain the momentum: Book your early bird place for 7 March here. Early bird price ends 31 December 2024.
WANT TO ORGANISE AN ONLINE EVENT IN YOUR REGION? Contact Fiona Murchie
editorial@thinkglobalpeople.com
WHAT PRACTICES ARE COMPANIES MAKING THE MOST PROGRESS ON GENDER EQUITY OPERATING?
M
cKinsey’s ‘Women in the Workplace’ study reports that organisations with the most equitable workplaces have:
• a head of DEI or equivalent • leadership involved in shaping DEI strategy
• leaders who communicate bias is unwelcome
• managers trained to support employee wellbeing and recognise and address disrespectful behaviour
• employee resource groups • clear evaluation criteria consistently applied in performance and hiring
• bias training for people involved in hiring and promotion decisions
• family support and flexible working. 51
AT OUR
GLOBAL LEADERSHIP
E QUITY
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108