NEW YORK – November 9, 2017 – Paradigm for Parity® coalition co-chair Jewelle Bickford commented on the results of the Women CEOs Speak Project, a research partnership between the Rockefeller Foundation and Korn Ferry into the traits that prepare women to become CEOs and the factors that lead to their success, released today.
“It is an indisputable fact that women are severely underrepresented at the top of companies, with just 32 women CEOs in the entire Fortune 500. However, what hasn’t been clear—until now—are the characteristics, skills and experiences that women who have succeeded in breaking the glass ceiling share.
“The powerful research from the Rockefeller Foundation and Korn Ferry finds that there are a number of traits women CEOs have in common with their male counterparts – including adaptability, curiosity, composure, assertiveness, trustworthiness and sociability. Moreover, the research looked at the motivations and the career approaches that prepared women for CEO positions. This research should give companies a guide to identify women who are of high-potential, and support their development and growth.
“Paradigm for Parity® is excited to use this research to support our first 60 committed companies as they follow our 5-Point Action Plan to achieve gender parity in leadership levels by 2030.”
Click here for more information about the study.
About the Paradigm for Parity® Movement
The Paradigm for Parity® coalition is composed of CEOs, senior executives, founders, board members and business academics who are committed to achieving a new norm in corporate leadership: one in which women and men have equal power, status, and opportunity.
The coalition created the Paradigm for Parity® 5-Point Action Plan for corporations to accelerate the pace of gender equity in senior executive roles. This unique agenda defines bold and specific actions that, taken together and simultaneously implemented as a package, will catalyze change and enable today’s business executives to secure the best leaders of tomorrow.
The five points are:
- Eliminating or minimizing unconscious bias in the workplace;
- Significantly increasing the number of women in senior operating roles, with the near-term goal of at least 30% representation in all leadership groups;
- Measuring targets and maintaining accountability by providing regular progress reports;
- Basing career progress on business results and performance, rather than physical presence in the office; and
- Providing sponsors, not just mentors, to women well positioned for long term success.
60 companies have committed to follow the Paradigm for Parity® 5-Point Action Plan to achieve parity in leadership levels by 2030. Visit www.paradigm4parity.com or follow us on Twitter using @p4parity to learn more about this exciting initiative.