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Eva Cox: broadening the boardroom options

Guest Blog by Eva Cox

One of the failures of feminism has been our inability to change the culture of most workplaces. At all levels but especially at the top, the holders of power still believe the following myths:

  • Longer hours are more productive than shorter ones
  • If you can’t do long hours, you are not serious about your job
  • Being there is proof of competence.

The survival of this culture is the basis for Carolyn Hewson’s comments on the need for nannies to allow women to rise  to the top of the corporate ladder. This seems to me to defeat the feminist idea of change. Replacing the older form of corporate wife support by paid servants to ensure women can also do top jobs is not what we wanted. Feminism wanted to redesign working hours so all could participate meaningfully. Instead, the time demands of workplaces on male and female workers have dramatically increased over the past few decades, with Australia having very long hours. This change is despite increasing the numbers of women in the paid workforce and even in senior ranks.

The continued lack of women on boards and in the most senior ranks of the private sector shows that the macho cultures of the upper echelons excludes anyone with a  serious life outside the workplace. Women without children, with stay-at-home partners or with surrogate carers, are over-represented among those who make it to the top.

Even when women make it up there, they tend to have to deny their possible feminism by not changing the cultures. They conform to what is there. Some try to mentor other women to fit into the square holes that were designed for men with family support. The few men who want time with their children mostly find themselves out of the picture as well. Yet there is no evidence that this model of longer hours and presentism is really productive or that those who rise to the top have the best available talents and experiences. It limits the field of potential candidates to those who are available for long hours and who have limited personal responsibilities.

It is therefore not surprising that the quality of management is not as good as it could be, with constant examples of problem senior managers and board failures. Some of the critiques of the lack of women on boards, such as the Citi group’s analysis of the ASX standards states:

“As new principles and recommendations on diversity came into effect on January 1, 2011, this is likely to lead to increasing focus on the approach companies take to address various diversity issues, including women’s representation on company boards.  Board diversity may enhance effectiveness, by providing a wider range of  perspectives and knowledge.”

The introduction of a new book on boards, states the figures and the problem:

“Board appointments must always be made on merit, with the best suited person being selected. Nevertheless, it is concerning that in Australia women comprise: 50.2% of the population, nearly 50% of the workforce, 56% of all higher education students, 55% of all university graduates and yet only comprise 4% of line managers, 8% of senior executives and 12.5% of directors of Australia’s top 200 companies. This has raised questions as to whether companies and boards are in practice recruiting for these roles based solely on skills, experience and performance, without a gender bias.”

Few question whether the current management models may be flawed and if we need changes to the assumptions behind the time and attendance demands in workplaces. Despite possibilities for part-time and flexible work at lower levels, it rarely emerges at the top. It is therefore not surprising that Carolyn Hewson suggests that women who want to succeed must ape the behavioural patters of men who have little or no life outside the office.

The problem with the Hewson model is a) it doesn’t question the workplace cultures and b) it suggests that some women succeed at the top by exploiting others in low-paid jobs. Comments posted on site of the article pointed out the slave-like conditions of many overseas nannies and the higher but often inadequate pay locally.

One complained about male roles:

“Men have to work because there is no support for them to look after children and stay home. Go to any kindergarten or primary school and see how many men are around. If Ms Hewson and people like her were really serious about getting women to stay at work (and hence get to board level), then rather than blaming men or a lack of nanny culture then they would spend more of their time and resource on supporting men to be able to with their children. How many members of the boards of the companies that Ms Hewson is on, have taken time off to spend with their children?”

Despite his angry tone, the writer is saying something important. We need to change the cultures of workplaces so we can all be good parents, relations, friends, citizens and good workers. Then those at the top could really be selected on merit, rather than on limited experience and availability.

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Behind Closed Doors – Executive Women’s Program

Behind Closed Doors (BCD) is an executive women’s program expanding into Sydney. BCD is an invitation only program where executive women and business owners discuss business and support each other to attain greater professional success.  BCD provides a blend of face-to-face interventions and an online leadership academy with 24/7 access.  Donny Walford created the program in 2008 in response to requests from senior women and business owners seeking an exclusively female business support network. It’s lonely at the top for both professional men and women, but women don’t have as many options when it comes to women mentors or entrepreneurial and business support.

Behind Closed Doors sessions provide members with a safe environment to speak openly and honestly about their challenges, strategies and issues.

Members support each other to be more effective in their executive and business roles and provide the tools to expand and grow to the benefit of their organisation.  Attending every session requires a commitment from members and their employers (if applicable). But the benefits are more than worth it. This is time invested outside of the business thinking about the business on a strategic level and can deliver insights and “light bulb” moments as well as offering assistance with operational and life issues, professional development, business and connecting/networking opportunities, and support to attain board positions.

An introductory lunch session will be held at Deloitte in Sydney on 12 July. It is a great opportunity to meet the Founder and Managing Director, Donny Walford and Facilitator, Fiona Shand.  If you’re interested in finding out more about the program or if you’d like to receive an invitation to this event, please get in touch.

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AHRI recommendations for improving gender equity in Australian workplaces

At the Australian Human Resources Institute (AHRI) Gender Equity in the Workplace Summit earlier this year, Optimiss took part in a working group session brainstorming the way forward for gender equity in Australian workplaces. The following recommendations from this work will soon be launched in the AHRI Gender Equity in the Workplace Report:

1. A national campaign promoting public awareness and engagement with gender equity, highlighting its importance for economic prosperity and social well-being

2. Organisations to set targets to achieve 40 per cent of each gender in management and executive leadership positions. Performance against these targets to be measured and reported annually to key stakeholders

3. Boards to achieve 40 per cent gender targets by 2015, via a ’3 in 3’ process, with one woman added to the board each year as required

4. Organisations to undertake annual gender pay audits and eliminate pay differentials based on gender

5. Organisations to establish ‘scorecards’ at leadership levels that promote flexibility practices

6. The Federal Government to provide 100 per cent tax deductibility for child care expenses for working parents

7. The Federal Government to provide funding for dedicated gender education programs in schools and businesses to promote the values the Women Empowerment Principles

8. Organisations to sign up to the Women’s Empowerment principles CEO Statement of Support and provide a report to their stakeholders on progress each year.

What do you think of these recommendations? Let us know?

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FINSIA releases gender diversity reporting metrics for the Finance sector

The Financial Services Institute of Australia (FINSIA) has released draft principles against which companies can report on and measure gender diversity. The new metrics will address the lack of meaningful publicly reported data on gender composition and the gender gap within the financial services sector, particularly at senior executive level. They will also address the current difficulty of comparing reported metrics across firms. The draft principles cover companies reporting in detail on the proportion of senior executive positions held by women, as well as reporting on their recruitment practices, career progression and development practices, pay equity, flexible work arrangements and parental leave, and on their ability to demonstrate a workplace culture supportive of gender diversity.

Importantly these metrics will enable FINSIA to track the rate of progress on gender diversity in the sector year-on-year, which, in turn, will enable organisations to measure their performance against industry benchmarks. Check out the full report and metrics or see our summary below:

Principle 1 – Companies should report on the proportion of senior executive Positions held by women at the following levels:

> % of women on main board

> % of women on subsidiary boards

> % of women at CEO level

> % of women at CEO-1 level (% women in line roles)

> % of women at CEO-2 level (% women in line roles)

> % of women at CEO-3 level (% women in line roles)

Principle 2 – Companies should report on their recruitment practices

Disclosure regarding the number of women involved in the recruitment process would provide a clear indication of those companies who have a genuine desire to address the gender divide at senior executive level. For example disclosure with regard to the following:

> % women on interview panels

> % women applicants for all positions

> % women applicants considered for CEO to CEO-2 positions

> % women applicants included in shortlist

> % women graduates entering workplace

Principle 3 – Companies should report on their career progression and development practices

Greater transparency and commitment around career progression and development would reveal any bias at senior executive level toward men.

Reporting on the budget allocation for professional development for men and women as well as the uptake of professional development programs for both sexes, would prevent any preferential treatment towards men.

Tracking and reporting the average number of years between promotions for both males and females would also highlight any bias.

Principle 4 – Companies should report on pay equity

Reporting on the percentage of total remuneration package increases (including bonuses) year-to-year between male and female employees would reveal pay inequity at all levels.

Given that the rate of promotions (and their value) and career trajectory is difficult to compare, total remuneration increases can be used as a proxy, capturing both promotions as well as performance measurements in current roles.

The disclosure of the average salary range and bonus data for each staff and function level from graduate level through to CEO level would assist in addressing the pay gap.

Principle 5 – Companies should report on flexible work arrangements and parental leave

While many organisations claim to have flexible work arrangements, employees at senior executive level are often faced with greater time restraints such that the demands of their role prevents them from accessing the flexible work practices on offer. Through reporting the uptake of these policies (for example: parental leave) and return-to-work statistics, we can begin to see whether this has had a notable impact on career trajectories and career prospects (ie: fewer opportunities and less pay). This could be measured through reporting on the average percentage remuneration package increase after taking leave as compared to before taking leave.

Reporting on the following would set apart those companies who have simply adopted policies to tick boxes rather than with accessibility in mind:

> % staff on flexible work arrangements (male v female)

> % staff on flexible work arrangements (male v female) at CEO to CEO-2 level

> % staff who have returned and (remained) in permanent employment more than one year after taking parental leave

> % of staff promoted before, during or after taking maternity/paternity leave.

Principle 6 – Companies should report on ability to demonstrate a workplace culture supportive of gender diversity

Perhaps the greatest prejudices women encounter throughout their career cycle (and the hardest to address), are the residual cultural beliefs and behaviours in the workplace. Equally, it is difficult to measure real change in organisational culture, yet it undoubtedly has a huge impact on the success of any initiatives in making genuine change.

An annual staff perception survey on gender diversity and the effectiveness of initiatives could provide insight into the level of progress on this. For example: the percentage improvement in cultural measures supporting achievement of gender diversity goals or the percentage improvement in the alignment of the ‘gap’ perspectives of men and women.

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The truth about recruitment

At Optimiss we talk to talented, qualified and experienced women every day who are seeking the next step in their careers.  We are often surprised when we hear stories of their experiences with other recruitment firms.

Many agencies have unwritten codes about how they select candidates. We heard a story recently of a very well known and prestigious recruiting firm representative (one that markets itself as a leader for gender diversity) informing a senior business women that they couldn’t help her because their unofficial scoring system went on a) your looks, b) who you are married to and c) where you went to school.  Apparently this candidate “didn’t tick any of the boxes”.

Many recruitment agents are working to strict targets of how many positions they need to fill each week.  The easiest and quickest way to fill a vacancy is to put forward a candidate that has had the exact same experience in the same industry (never mind people who are wanting to move sideways or change industries) and who looks exactly the same as the other people in the company (and if that means white, middle-aged and male, then so be it).

Recruitment Tips

If you’re currently looking for your next career move, think carefully about the agencies you choose to work with.  Will they actually help you to progress your career, or are they just trying to plug people into vacancies as quickly as possible?  If you are currently thinking about a new role, here are some tips for you to help you on your way:

1. Ask your friends for recommendations on which recruiter to speak to but make sure that they are in the same industry or specialisation as you. Recruiters all specialise in a particular area of either industry, management level or both i.e. we specialise in the financial services industry and place senior management roles (e.g. minimum $150K salary packages), you wouldn’t come to us to find an Executive Assistant role or a job in telecommunications. Make sure you are talking to the right recruiter for the job that you want.

2. Make sure you are clear about what you want to do next and ask the recruiter to confirm that they will put a file note with key words on your file that include information about the role you want to do as well as your current skills and experience. Recruiters search their database when a job comes up so will generally find the words that are already on your CV and then call you and ask you if you want to do the same job…. elsewhere (usually for the same money!).  I’m sure it’s happened to you. If you have a file note with keywords for the role that you want, which might not be on your CV, your name will come up in any searches.

3. Find a balance with being a nuisance and remaining front of mind with the recruiter. Do follow up with them to remain front of mind, recruiters meet hundreds of people all the time. However don’t overdo this, phoning and emailing with demanding requests as to why they haven’t found you a job yet will just annoy them and put you down the bottom of the list. All recruiters are busy but they are very keen to make a placement. If they haven’t called you and your CV and file notes include all the relevant information for the role you want, well then, they just haven’t got a job opportunity for you.

4. Do go to a few different recruiters, it will improve your chances. But be honest with them all and tell them exactly who you have gone to see and what roles you have been put forward for. Your role is to coordinate where your CV goes. Never let a recruiter send your CV to a company if your CV has already gone there with another recruiter in the last 12 months. Explain the situation to the recruiter and seek their advice. It is terrible form to have your CV arrive with the same firm from two different recruiters and one of the recruiters won’t be happy as you’ll have wasted their time.

5. Keep your CV simple and straightforward and give it to them in word format not PDF. Make their job easier, they have to sift through thousands of CVs. If yours is more than three pages long, edit it and be ruthless. Long lists of attributes that you think you have (“I am a credible and dynamic  leader”) are a waste of paper, keep to the facts.  If you’d like some more detailed tips on how to put together a good CV, feel free to get in touch.

6. And lastly, make friends with your recruiter, find a good one and nurture your relationship with them. Most people will grow their careers with a particular recruiter and will be placed into two or more roles by them as they continue up their career ladder. It’s important to stay in touch and keep the relationship current.

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Australian Businesswomen Working Together

Yolanda Vega  Founder & CEO, AWCCI

Yolanda Vega, Founder & CEO, AWCCI

We were very excited to hear of the recent launch of the Australian Women Chamber of Commerce & Industry (AWCCI) – the first national chamber of commerce to represent Australian businesswomen in Australia’s history.

We know women are a strong economic force – there are more than 700,000 women owned businesses in Australia – however there are no women on the board of the Australian Chamber of Commerce & Industry (ACCI) – the largest Australian business association, there are no female CEOs or chairs on any of the national state chambers and there are no women on the Australia Business Council board.

Yolanda Vega, who has established the new AWCCI says “Our goal, as an apolitical, not-for-profit organisation, is to promote commerce and trade” and to “unify the collective strength” of businesswomen in Australia.  AWCCI will also instigate research and advocate for political and social changes to support businesswomen.

The work of AWCCI will be guided by an Advisory Committee that includes Dr Wendy Attwater, Professor Marian Baird, Ita Buttrose AO OBE, Judi Hausmann, Deborah Hutton, Wendy McCarthy AO, Wendy Simpson and Dr Katherine Woodthorpe.

We’ll be getting behind this exciting new organisation. If you’d like to find out more or to sign up as a member – go to www.awcci.org.au

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Improve Your Personal Branding

It’s sad but true, appearances count when it comes to getting the senior executive roles and salaries. Your professional image tells the world who you are and where you’re going.  People will judge you firstly by what you wear and how you speak, and then by the words you say — and they will do it in the first six seconds of your meeting. In this brief time people will decide whether they like you, trust you or want to work with you.

Our personal brand is how we are seen by those who know us and it is how we are remembered by those we meet.  It is important to separate your personal brand from where you work, many people struggle to define themselves beyond the company they work for or the job titles they hold. To have a strong personal brand you need to be able to identify your key strengths and expertise and then communicate your message consistently. This personal messaging includes how you communicate and present yourself in all aspects of your professional life.

We’ve found candidates are often looking for that extra advantage to help them move up to senior executive roles. So we’ve launched the first part of our services to help you improve your Personal Brand – our Visual Branding offering. Over the next few months, we’ll also be helping you improve your interview and CV preparation and your presentation skills.

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Going part time – is it a career killer?

Sadly, there is an old myth that working mothers and other part time employees are less ambitious than full time workers.  This myth leads to the bias that sees part time workers being overlooked for promotions and professional development opportunities, while full time employees get the big client jobs and registrations on courses and conferences.

As the nature of the workforce changes, flexible work options are being sought by everyone, not just working mums.  Dads, grandparents, carers of elderly parents, people going back to study, sportspeople and people wanting more balance in general are opting for part time work.  These people include the most skilled, experienced and career-driven people in your workforce.  The younger generation, particularly, will expect workplaces to offer more flexibility.

Many companies now offer a suite of flexible working options, however this needs to be mirrored with a commitment to offering equal career opportunities.  Your top performers will not stick around if decreasing their hours means decreasing their career options.  This calls for greater workforce planning by managers so that part time employees have the chance to work on major projects and attend professional development sessions.

There is no good reason why going part time should be pronounce the end of anyone’s career.  In your organisation, do you value your part time employees?  Or perhaps it is better to ask: can you afford not to?

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Professional Development Opportunities Coming Up

We like to keep you up to date with opportunities to grow your skills and knowledge. There are two events in Sydney coming up on the morning and evening of Wednesday 9th March 2011 that we think are worthwhile:

Network Central are holding a breakfast event in Sydney on 9th March that will focus on improving your “Presence”.  As you navigate the corporate world you need to control the perceptions others have of you. You need to know how to make sure you are noticed, heard and listened to.  Mariette Rups-Donnelly is a master presentation skills and performance coach who will provide techniques for understanding, creating and making presence work you.  This great breakfast event will be held at the Tea Room, QVB in Sydney and costs $77 for Non Members (members of Network Central get a 25% discount).  This one will be money well spent. Click here to book your spot.

On the evening of Wednesday 9 March 2011 the Young Finance Professionals group at The Financial Services Institute of Australasia (FINSIA) are holding a Navigating and Building a Solid Career in Financial Services Seminar in Sydney – Hear industry leaders speak first hand about their strategies for creating impressive, fulfilling and long lasting careers in financial services. This FINSIA Young Finance Professionals event will provide insight into proactively developing your career opportunities, avoiding career traps and the role of education in your career progression. The event will be held at the Establishment in Sydney at 6 pm and costs $40 for FINSIA members, $80 for Non Members.  Click here to book your spot.

Enjoy! and feel free to report back to us with your feedback on these events.

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TEDWomen December 2010 Washington DC

This week, we have a guest blog from Roya Baghai of the High Resolve Initiative. She attended the TEDWomen Conference in Washington DC in December and provided this summary of the event for us:

It’s been over a month now since my attendance at the first ever TEDWomen Conference in Washington DC and its indelible scenes are still playing in my mind. The conference featured high-profile speakers such as former and current U.S. Secretaries of State, Madeleine Albright and Hilary Clinton and Ireland’s Nobel Peace Laureate Jody Williams as well as other less well-known, but no less inspiring and passionate women and men.

Officially, the subtitle of TEDWomen was “How are women and girls reshaping our future?” which formed a loose framework for the talks presented. In classic TED style, there was a diversity of presentations within this theme, in rapid-fire succession: over 70 presenters in one and a half days.

Some of the talks have already been posted online; here are links to some of the best:

Sheryl Sandberg: Why we have too few women leaders

Kiran Bedi: A police chief with a difference

Tony Porter: A call to men

Deborah Rhodes: A tool that finds 3x more breast tumors, and why it’s not available to you

Hilary Clinton

Elizabeth Lesser: Take “the Other” to lunch

To give you a brief summary of the conference is almost as difficult as giving a brief summary of all the movies nominated for Academy Awards in one year, however, the following is an attempt to capture some of the most prevalent themes or ideas.

Success

Success is a very personal thing to define. If success in the corporate sense is to be measured by leadership positions and financial reward then why is it that success and likeability are positively correlated in men and negatively correlated in women? (A point made very well in the talk given by Sheryl Sandberg). Why is fighting for equal rights for women also viewed in the same way: could this be a reason that many young women actively avoid the label of feminist because it will make them seem unattractive to men?

Diversity

While including 50% of the population equally is hardly embracing “diversity”, diversity of experience, background and thinking styles in a team has been proven to produce far more creative solutions. We need immense creativity to solve the problems of our world, as so far, the current mix hasn’t worked so well. But, as Madeleine Albright pointed out so wittily, it’s not about women taking over either, “because if you think that, you’ve obviously forgotten high school”!

Role Models & Identity

Madeleine Albright was a brilliant standout on stage. Her strength, intelligence, but most delightfully, her sense of humour and humility was witness to the blended masculine/feminine qualities coexisting happily in one person: the very balance that leadership needs. She shared some of her experiences and landmark moments as Secretary of State, including the time she realised, during a moment of insecurity of the weight of her appointment as first female Secretary of State, that the role was not about “her” but she was simply part of something much bigger, and that this gave her the confidence to transcend any self consciousness or pressure that this role represented. Another quote that many will remember is that she believes that “there is a special place in hell for those women who don’t help other women”.

Is it still necessary or relevant, in 2010/11, to have a conference that is focused on women?

We need to have more impatience for a time when the need for a special conference to highlight these examples of female courage, power and inspirational leadership is no longer needed. Women know that there are countless other examples of women who should be given the opportunity to have their voices heard and contribute equally with men. We need the opportunities to be inspired by them to allow a new generation of women and men to remind us that successful female role models can take many different forms, and that a new, wider definition of success in the corporate and business world will have profound positive repercussions in the well-being of not only women, but also men and families all over the world.

The real crux of the whole issue is that until we have a critical mass of boys and men who also believe in gender equality and fight for it side by side with women, “women’s conferences” will not be able to achieve much more than inspiration and motivation. To achieve the ultimate goal of equality, equality of action (that is, a unified effort by both genders) will be required. To make this happen, we must engage and involve boys and men in the dialogue, for them to spread the message that a more equal future benefits us all; that feminism does not equal man-hating, or that empowering women will disempower men. Let’s not forget men and boys, but bring them on the journey with us. Let’s not make men “the other” in the process.

Joss Whedon, (screenwriter, producer and director) sums it up beautifully:

“Because equality is not a concept. It’s not something we should be striving for. It’s a necessity. Equality is like gravity. We need [equality] to stand on this earth as men and women, and the misogyny that is in every culture, is not a true part of the human condition. Misogyny is life out of balance and that imbalance is sucking out of the soul of every man and woman who is confronted with it…We need equality, kind of now.”

Roya Baghai, Co-founder & Co-Chair, High Resolves Initiative, January 2011

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