Now four years into our When Women Thrive, Businesses Thrive research – we are at an inflection point. With the World Economic Forum’s annual Global Gender Gap Report showing a deterioration in women’s economic standing over the past several years, and the recent attention given the issue of gender parity – we have a choice – to either seize this opportunity or watch the potential for progress for women slip away.
In Accelerating for Impact: 2018 Gender Inflection Point, we set out to further understand the drivers of female advancement and identify concrete steps organizations can take to change or improve their trajectories. The result is a holistic look at the future of women in the workforce - from the headwinds impeding progress, to the system accelerators that provide great hope for sustained improvement.
Listen to recording from our recent webcast.
Hear more about the focus and intention of this year’s research
The current landscape and dynamics of gender diversity provide a unique opportunity and platform for organizations to make strides now. It will require:
- Data and analytics that underlie and support all of the decision being made to advance women
- Courageous leadership at all levels of the organization committed to helping women thrive
- Holistic coordination and linkage across all aspects of the change effort to make sure they reinforce one another and accelerate progress
The paper includes three sections focused on strategies to accelerate for impact:
I. Navigating the Future of Work: The Role of Analytics
How data and advanced analytics are helping organizations strengthen the position of women by gaining a deeper insight how to:
- Accelerate upward career advancement by identifying and measuring key drivers of success
- Uncover alternate career pathways to positions at risk of disruption through technology
- Identify reskilling opportunities
II. Enabling Employees to Bring Their Whole Selves to Work: New Insights into Health and Wealth
Through implementing programs that help women manage their unique health needs, caregiving responsibilities and get on a more sound financial footing, employers can both better maximize the female talent pool and boost productivity and engagement.
III. Making Change for Good: Culture and Courageous Leadership
How organizations must have a deep understanding and sensitivity to the psychology of all the individuals involved, and the need for committed role leaders with the passion and courage to lead.
Mercer When Women Thrive at the World Economic Forum
These insights were at the center of discussion with global leaders at Mercer’s When Women Thrive briefing at the 2018 World Economic Forum
Our fourth annual briefing at the World Economic Forum included over 150 individuals - CEOs, board members, academics, and influencers - from global organizations, representing more than 60 countries. Featuring a powerful keynote from Mercer President and CEO, Julio Portalatin and two panels, discussions focused on how to advance women through cultivating an environment of trust, prioritizing access to care, collaborating with men to drive change, and leveraging data, analytics and technology to address systemic barriers to progress.
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