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© Insala All Rights Reserved 2016
Supporting Emerging
Women Leaders with
Mentoring
Judy CornerMentoring Subject Matter ExpertInsala
Discussion Groups
© Insala All Rights Reserved 2016
LinkedIn Group: Mentoring Thought Leaders’ Club
www.linkedin.com/company/insala
Over 1,000Members
1. ROI of a Diverse Leadership Team
2. How Mentoring Supports Women Leaders
3. How to Focus your Program on Women Leaders
4. Steps to Success
Agenda
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With increased company globalization, varied perspectives and backgrounds give businesses a critical edge by broadening your strategic perspective.
• Companies with executive board diversity in the top quartile had ROEs 53% higher, on average.
• Earnings margins were 14% higher, on average, at the most diverse companies than those of the least diverse companies.
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ROI of a Diverse Leadership Team
Source: McKinsey&Company
POLL #1What percentage of women are currently in executive leadership positions in your organization?
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Why Mentoring Fits with Women
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Women seek out help more than men1
Women can excel in “soft skills”. Skills such as relationship-building, building trust, relating with empathy, and building a vision. 1, 2, 3.
Women more effectively employ the emotional and social competencies correlated with effective leadership and management than men.3
Women were seen as more effective in getting things done, being role models and delivering results. 4
Where are the women going?
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Current State of Women in Leadership
only make up……………of CEOs worldwide
3-4%
They are capable. More women now go to college than men
………..of women say their gender faces discrimination
⅔
women make up …..the workforce½
as you move up career levels, fewer women are seen
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Current State of Women in LeadershipPew Research Center did a survey of professional women to ask what were their barriers to top executive business positions.
Changing company culture
Work/life balance
Viable Network
Leadership competencies
Examples of How Mentoring Supports Women Leaders
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Providing trusted feedback on the good and the bad5
1 Understanding organizational culture and navigate politics
2 Expanding their professional network & visibility
3 Sharing leadership experiences
4 Enhancing specific leadership skills and competencies
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How to Focus your Program on Women LeadersEducate the organization about the value of diversity
Make the women’s leadership program inclusive – not exclusive.
• Should be seen as a career development initiative for everyone with the goal to support women in leadership.
Leadership program is a long-term business strategy; it can take years for individuals to move into leadership roles, so short-term success should be the focus.
How are you going to measure it? • How many women developed a leadership competency in the last 6 months.
Steps to Success
1. Define Goals and Success
• Recruit talented leaders with the correct mentor competencies and skills:
• Pay attention to recruit people with other characteristics of effective female leaders:
Steps to Success
2. RECRUITING
Emotional Intelligence (Empathy)
AdaptabilityCommunication Skills
(Listening)
Goal Setting Influencing Motivating Interpersonal
Leadership Visionary Skill Expertise
Steps to Success
3. COMMUNICATIONS
Advertise the following points in your internal communications:• Explain the benefits of the initiative for the organization• Communicate the benefits of participating in the program• Share that it is not an exclusive program, that it can benefit
everyone!• Make a point to explain that matching is not based on
gender, it is based on the most qualified and best match
Steps to Success
4. TRAININGNot everyone has previously participated in a mentoring program.
Training should: • Define what mentoring means for the organization• Define the leadership skills and characteristics valued within the
organization• How to implement the role of mentor and mentee• Prepare participants to fulfill their roles
Consider adapting your matching application to address the following competencies to develop female leaders:• Enhancing business skills and knowledge• Understanding and navigating the organization• Solving problems and making decisions• Managing politics and influencing others• Managing change• Taking risks and innovating• Setting vision and strategy• Managing the work• Work-life balance• Career development• Networking
Steps to Success
5. MATCHING APPLICATION
Steps to Success
6. REPORTINGReports should include such elements as: • How many partnerships were created• Specific improvement in leadership competencies• Goals/objectives completed• Number of individuals who moved into more complex assignments or
leadership roles
It is important to measure and report both quantitative and qualitative data.
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• M*O*R*E workshop
• Consulting for matching criteria
• Training for mentors, mentees, and managers
• Mentoring technology• Participant matching• Communicating• Reporting• Tracking
How Insala Can Help You
Q&ACONTACT US FOR MORE [email protected]
US: (817) 355.0939UK: +44 (0)207.297.5940
JOIN US ON LINKEDIN FOR:• A copy of today’s slides• A link to the webinar recording• A discussion around today’s webinar
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