Corporations

The largest companies in the U.S. – those with gross annual revenues of at least $20 billion – report a larger representation of women and other underrepresented groups on their boards of directors. Seventy percent have at least two women and 53 percent have two or more directors from underrepresented groups. Women managers, however, are increasingly opting out of high-end careers when companies fail to meet their professional needs and goals. Fewer than 15 percent of Fortune 500 officers and directors are women, and graduate business schools (unlike law and medical schools) have far fewer women than men applicants. NCRW is supporting efforts to make the corporate environment more welcoming and the career ladder more accessible to women and people of color.

Women in Fund Management: A Road Map for Achieving Critical Mass — and Why it Matters

For more than a quarter century, the National Council for Research on Women, now Re:Gender, has promoted the advancement of women and girls and highlighted the benefits of women’s participation, active engagement and leadership in decision-making. In this project, the Council brings this same lens to the historically male-dominated spaces of fund management and the financial services more broadly.

Our report, Women in Fund Management: A Road Map for Achieving Critical Mass – and Why it Matters, explores the under-representation of women in the field, draws on research suggesting the benefits women can bring, and lays out concrete action steps for change. Specifically, we call on the financial services industry to develop a “critical mass principle” with quantifiable benchmarks and guidelines for increasing the number of women at all leadership levels.

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For more than a quarter century, Re:Gender (formerly National Council for Research on Women) has promoted the advancement of women and girls and highlighted the benefits of women’s participation, active engagement and leadership in decision-making. In this project, Re:Gender brings this same lens to the historically male-dominated spaces of fund management and the financial services more broadly.

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Women Leaders Across Sectors on Social Justice and Change

March 3, 2009 posted by Deborah Siegel I’m sitting in a very crowded auditorium at 3 World Financial Center, home of American Express, and the sun is pouring in on one of the coldest days of the year. We’re about to be warmed by the annual panel that takes place the afternoon of the National Council for Research on Women’s evening-time gala, the Making a Difference for Women Awards. This year’s panel, “An Immodest Proposal: Advancing a New Era of Social Justice” (kudos on the title, NCRW!) features Co-President of the National Women’s Law Center Marcia Greenberger, Chancellor and President of Syracuse University Nancy Cantor, Accenture / Microsoft / PepsiCo Director Dina Dublon, and Columbia University law professor and Nation columnist Patricia Williams. The Takeaway co-host Adaora Udoji, whose voice I wake up to each morning, will be moderating. There is nothing modest about this crowd of female movers and shakers from corporate, academic, and nonprofit spheres. The NCRW staff—of which I used to be part—has clearly done an excellent job spreading word. It’s a dazzling lineup. Let the conversation begin! Adaora: First question is for Nancy. What can you tell us about advancing a new era of social justice in education? Nancy: The idea of the ivory tower as a monastic place is breaking down. What that means is we have no understanding of the groups we’re leaving behind. How do we level the playing field of education? If we don’t find ways to strengthen our connections to our communities, cities, rural areas, and bring in the population, we’re going to be stagnant. Adaora: Are we seeing that 50% female leadership in education yet? Nancy: No, not at all. What we are seeing at all levels is girls falling off the map as we go up. Adaora: Why is that?


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FAST FACT: Layoffs Not Dwindling

February 12, 2009 posted by Kyla Bender-Baird

In the first few days of February, 50,939 people working at America's 500 largest companies have been laid off.  Companies include Nike, US Airways, Wal-Mart, Macy's and General Motors. (via Forbes' Layoff Tracker)

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Gender Equality as an Investment Concept

January 23, 2009 posted by Shyama Venkateswar, Kyla Bender-Baird, and Lisa Rast The room was filled to capacity at Demos’ latest panel for their Women’s Leadership Initiative.  Women (and a few men) from all sectors joined together to discuss gender equality as an investment concept.  Anne Black from Goldman Sachs discussed their 10,000 Women initiative.  The driving idea behind this timely initiative is that investing in women’s business skills is the fastest way to grow GDP.  Joe Keefe from Pax World Mutual Fund, which recently took over Pax’s Women’s Equity Fund, argued that gender equality should be framed as an investment imperative, not a moral one. In fact, gender equality helps to grow the bottom line.  Finally, Ritu Sharma, co-founder of Women Thrive Worldwide, demonstrated the importance of building crucial infrastructure to aid women across the globe, who otherwise spend much of their day gathering water and fuel, and caregiving.


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