February 4, 2016

Smashing the Glass Ceiling

Posted by Krishnamurthy Shankar (View Profile | View All Posts) at 6:32 AM

PwC's 18th Annual Global CEO Survey. Interview with Dr. Vishal Sikka of Infosys [Source:]

The global female workforce grew by a quarter of a billion between 2006 and 2015. And yet this has done little to alleviate the problem of gender inequality in the workplace. According to the Future of Jobs research report from the World Economic Forum, only 15% of CEOs are women. In some sectors, such as energy, that number is an appalling zero.

There is no rosy outlook for gender parity in the workplace anytime in the near future. In fact, we may even be exacerbating the situation. We recently undertook a global study - Amplifying Human Potential - to gain insights into how the next generation was positioned, in terms of education and skills, to navigate the dynamics of technology forces that are at a tipping point today. The study revealed a significant disparity in skills that if left unaddressed, could create the next generational divide of 'haves' and 'have-nots'. Rather more worryingly, we also found a global gender-based skills divide with men being more likely to possess the technological and digital skills to succeed in the workplace of the future.

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January 22, 2016

Organizational Diversity: The Differentiation Is In The Difference

Posted by Shamita Chatterjee (View Profile | View All Posts) at 4:15 AM

Culture Café - Turkey [Source:]

In an increasingly multicultural and globalized business environment, workplace diversity is a competitive advantage. Over the years there have been many studies that have established a correlation between diversity and stock market performance, return on equity, and innovation.

As markets become more heterogeneous in terms of culture, ethnicity and gender, it becomes imperative for businesses to build teams that are representative of their customer base. Beyond demographic diversity, organizations should also foster cognitive diversity so they can benefit from the broader worldview, thinking processes, beliefs and value systems of their employees. And finally, a strategic focus on diversity would help organizations recruit from a wider and deeper talent pool and enhance the value of their human capital.

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