© global foresight 2008 [email protected] strategic power networks: trade up … from...

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© Global Foresight 2008 www.global-foresight.net [email protected] Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O’Hara-Devereaux Rayona Sharpnack Linkage 2008 Women in Leadership Summit November 12, 2008 © Global Foresight 2008 www.global-foresight.net [email protected]

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Page 1: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Strategic Power Networks:Trade Up …From Impact to Innovation!

Mary O’Hara-DevereauxRayona Sharpnack

Linkage2008 Women in Leadership Summit

November 12, 2008

© Global Foresight 2008 www.global-foresight.net [email protected]

Page 2: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Powerful Global Trend

Page 3: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Four Global Demographic Fault Lines

Who Will I Become?

Haves/Have-Nots

Haves/Have-Nots

Living LongerLiving Longer

Gen Y Comes of

Age

Gen Y Comes of

Age

Re-invention of Women

Re-invention of Women

• Increasing Gap

• Black Hole

• Increasing Gap

• Black Hole

• Historic Numbers of Educated Knowledge Workers

• Social Revolution

• Historic Numbers of Educated Knowledge Workers

• Social Revolution

• Over 1 Billion Strong

• Techno-savvy

• Global Identity

• Over 1 Billion Strong

• Techno-savvy

• Global Identity

• Rapid Rise of Healthy Older People

• Fastest Growth in Emerging Economies

• Rapid Rise of Healthy Older People

• Fastest Growth in Emerging Economies

Page 4: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Women Break Free and Cut a New Path

Page 5: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Page 6: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

… Then They Went to School. More Women Graduate From College Than

Men

0% 10% 20% 30% 40% 50%

AustraliaCzech Republic

FinlandFrance

GermanyHungary

IrelandItaly

JapanRepublic of Korea

MexicoNetherlands

New ZealandPoland

SpainSwedenTurkey

United KingdomUnited States

Women

Men

Tertiary Graduation Rates, 2006% of Total by Gender

Page 7: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

A Big U.S Trend Unfolding Since 1970 …

58% of college students are women Most Latinos and African American College

students are women About 80% of valedictorians are females Women outperform men at Ph.D. level

Page 8: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

What’s UpWith Men??

Page 9: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Amy RadinChief Innovation OfficerCitibank

Amy RadinChief Innovation OfficerCitibank

Claudia KotchkaVP, Design Innovation & Strategy

Procter & Gamble

Claudia KotchkaVP, Design Innovation & Strategy

Procter & Gamble

Ivy RossEVP Product Design & DevelopmentOld Navy

Ivy RossEVP Product Design & DevelopmentOld Navy

Marissa MayerVP, Search Products & User Experience

Google

Marissa MayerVP, Search Products & User Experience

Google

Women Lead Innovation in Top Companies

Page 10: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Key BarriersKey Barriers

Page 11: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Conventional Wisdom About Women Persists

They don’t problem solve as well as men Women are not natural leaders Women can’t manage – they’re too emotional Women will not do whatever it takes to get the job

done Women’s role in society is as a temporary worker,

not an equal Women prefer not to work Women will drop off to have a family Women can’t travel because they have children Women prefer men’s companySource: Catalyst, Global Foresight, varied studies, 2006

Page 12: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Top Five Barriers in High Tech Companies

Stereotyping High Tech Corporate Culture is exclusionary

and does not support women’s advancement Demands of work/careers is incompatible

with having a commitment to family/personal responsibilities

Women feel isolated because they lack role models, networks and mentors

Companies don’t strategically and objectively identify and develop talent

Page 13: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Conventional Wisdom About Women in High Tech Companies

Women will drop off to have a family. Women will not do whatever it takes to get the

job done. Women are not good enough compared to men. Women are not natural leaders. Women can’t manage – they’re too emotional. Women can’t travel because they have children. Women’s role in society is as a temporary

worker, not an equal. Women prefer men’s company.Source: Catalyst Bit by Bit 2003

Page 14: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

Key Findings

Lack of women in senior positions not just a pipeline issue

Lack of an explicit commitment to diversity at the top

High Tech industry values meritocracy but ‘lack of acceptance of women’ trumps that value

Narrow operating definition of what is acceptable as leadership and the style

Lackluster commitment to true work redesigns that support women’s needs for work-life balance

Not enough respect for personal lives

Page 15: © Global Foresight 2008    mohara@global-foresight.net Strategic Power Networks: Trade Up … From Impact to Innovation! Mary O

© Global Foresight 2008 www.global-foresight.net [email protected]

The Male-Female Dilemma

Men have a low comfort level with women at work.

Men often do not give women honest feedback about their performance.

Men base their expectations of women in the workplace on what they know from their own personal lives.

Women feel excluded and many withdraw.