WASHINGTON – On Tuesday, October 24th, Paradigm for Parity® founding member Candace Duncan is scheduled to testify at a congressional field hearing hosted by Congressman Don Beyer and Congresswoman Carolyn Maloney to discuss gender parity in corporate leadership. Paradigm for Parity® is a grassroots organization that has already signed on 59 companies who are poised to make gender parity in leadership a reality. The Paradigm for Parity® coalition, which comprises current and former business leaders, has developed a 5-Point Action Plan for companies to serve as a roadmap to level the playing field for women in the corporate world.
WHAT: Forum on Gender Parity in Corporate Leadership featuring testimony from Paradigm for Parity leader and Retired Managing Partner at KPMG Candace Duncan
WHEN: October 24, 2017 at 3:00 to 4:30 PM
WHERE: Longworth House Office Building Room 1539
WHO: Candace Duncan, Paradigm for Parity Founder, Retired Managing Partner at KPMG and Board Member of Discover Financial Services, FTD Companies, Inc. and Teleflex
Recent research from McKinsey and Lean In revealed that women continue to be significantly underrepresented in the corporate world – with women representing only 20 percent of c-suite executives, 21 percent of senior vice presidents, 29 percent of vice presidents and33 percent of senior managers/directors.
The Paradigm for Parity® Action Plan 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:
- Eliminate or minimize unconscious bias in the workplace;
- Significantly increase the number of women in senior operating roles, with the near-term goal of at least 30% representation in all leadership groups;
- Measure targets and maintain accountability by providing regular progress reports;
- Base career progress on business results and performance, rather than physical presence in the office; and
- Provide sponsors, not just mentors, to women well positioned for long term success.
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. Visit www.paradigm4parity.com or follow us on Twitter using @p4parity to learn more about this exciting initiative.