gender diversity pays off

GENDER DIVERSITY PAYS

OFFGrow Your Business with Female Leadership

Speakers• Nicole Hayward• SVP, Marketing & Product Management, OnSIP Business VoIP

• Michael Oeth• CEO, OnSIP Business VoIP

• Nancy Ridge• Vice President, Telecom Brokers and • President & Co-Founder, Women in the Channel

• Moderator: Peter Radizeski, RAD-INFO INC.

More than “the right thing to do”…Big Financial Payoff’s• DDI Global Study: “Companies in the bottom 20 percent of financial

performance had only 19 percent women in leadership positions; companies in the top 20 percent have 37 percent female leadership.” [1]• McKinsey&Company: “Between 2008 and 2010, companies with more

diverse top teams were also top financial performers. That’s probably no coincidence.” [2]• Leaders like Richard Branson of Virgin, John Veihmeyer of KPMG and

our own Mike Oeth agree…diversity creates a strategic advantage.

Why does gender diversity pay off? • “Men and women share the same four most frequently named top five strengths:

Responsibility, Learner, Achiever, and Relator.

• Strength: Relationship-building: “On an aggregate basis, men more often have Strategic and women are more likely to have Empathy in their top five.”

• Strength: Team-Playing: “Another intriguing strength statistic is that men tend to lead with Achiever while women tend to lead with Responsibility.

• Strength: Healthy Outlook: “…we find that women are four percentage points more likely than men to be thriving in well-being, and that's significantly higher.”

Gallup Data [3]

How can businesses leverage women’s strengths to accelerate collaboration and relationship-building?

When asked what training and development skills were needed to help women move into leadership roles the responses were:

• 57% - Leadership Training• 56% - Confidence Building• 48% - Decision Making• 47% - Networking• 46% - Critical Thinking

How do you create a culture where women can thrive?

Confidence Building“Hard” and “soft” incentivesFlexibilityRole modelsLeadership Training with a Female FocusSupport Professional Womens’ Groups

How Does WiC Facilitate Business-Growth Through Support of Female Leadership?

• Meet role models• Learn to identify areas to grow• Practice skills in a “safe” place• Lead a Conference Call• Blog• Give Live Presentations• Expand Marketing Skills

• Mentor• Lead a Committee• Become a Board Member• Be Recognized (LIPSTICK Award)• Join WiC Today• www.womeninthechannel.com

Sources• [1] http://www.ddiworld.com/resources/library/trend-research/global-leadership-forecast-2014

• [2] http://www.mckinsey.com/insights/organization/is_there_a_payoff_from_top-team_diversity

• [3] http://www.gallup.com/opinion/gallup/178574/women-workplace-life-lived.aspx