Submitted by afiorino on Mon, 02/08/2010 - 12:01pm
Companies that hire and retain more women not only are doing the right thing but can also gain a competitive edge. They can take several basic steps to achieve even greater parity. These companies will be able to draw from a broader pool of talent in an era of talent shortages. What’s more, research shows a correlation between high numbers of female senior executives and stronger financial performance.
Submitted by afiorino on Mon, 02/08/2010 - 11:59am
Any action that shows a consistent correlation to high profits would probably be of interest to companies struggling to swim against the tide of these perilous economic times. But one corporate policy seems to address both diversity and profitability issues in a single blow: Over the past several years, my colleagues and I at Pepperdine University have tracked the performance of Fortune 500 companies with a strong record of promoting women to the executive suite and compared their performance to that of other firms in the same industries. The correlation between high-level female executives and business success has been consistent and revealing.
Submitted by afiorino on Mon, 02/08/2010 - 11:53am
The third study conducted by the NCAA to measure career aspirations and perceptions of careers in intercollegiate athletics among females. It also seeks to provide NCAA policymakers, conference offices and member institutions with detailed information on the perceptions and concerns of female student-athletes, coaches, administrators and officials regarding careers for females in intercollegiate athletics.
Submitted by afiorino on Mon, 02/08/2010 - 11:10am
The Calvert Group, Ltd., one of the largest families of socially responsible funds in the United States and UNIFEM launched The Calvert Women’s Principles (CWP), the first global code of conduct focused exclusively on empowering, advancing, and investing in women worldwide. Since their launch, the CWP have been a major catalyst for dialogue and heightened awareness of workplace issues affecting women. They reflect Calvert’s view that there is a strong business case for gender equality.
Submitted by afiorino on Mon, 02/08/2010 - 11:07am
The issue of women's leadership in corporations is of widespread concern. We believe America's leading companies must move faster to improve the representation of women in positions of leadership. At a time when public companies have drawn intense scrutiny for lapses in corporate governance and failures in leadership, they can ill afford to ignore the talent and perspective available in half the population and nearly half the work force.
The fund will invest in companies demonstrating ‘best practices’ with regard to gender diversity. The aim of the fund is to achieve an above-average return by investing in companies that do a superior job attracting and retaining diversity of talent. The study with Heidrick + Struggles found that gender diversity is the most influential socially responsible investment determinant of higher ROA.