20-first's New Core Metric Catches On
- Chris Thomas, a partner based in the Melbourne office of Egon Zehnder International, refers to Avivah Wittenberg-Cox, CEO, 20-first, in his latest article, Boardroom bias an urban myth, published online for the Australian Financial Review.
- Referring to Wittenberg-Cox as “one of the leaders in world thinking” on the topic of gender balance, Thomas quotes her recent comments following the publication of 20-first’s WOMENOMICS 101 Survey 2009 on the need for a new core metric to measure a company’s gender balance – the proportion of women on the Executive Committee.
- Thomas agrees with this view and goes on to say: “We need to go deeper into the gender issue in leadership if real progress is to be made.” He says that it is unrealistic to think that there are “hordes of able female executives” who are being under-utilised. Instead, he says, “it is the historic inability to date” of corporations and professional firms to “facilitate the advancement” of women to senior levels.
- The Glass Hammer website has also published an article on 20-first’s WOMENOMICS 101 Survey, in which the writer, Elizabeth Harrin, welcomes the arrival of the annual survey from 20-first, pointing to the new and critical measure of gender balance it reports on.
- In the article, Female Execs: The New Metric, Harrin says, “There’s been a lot written about getting more women on to boards,” adding later, “but it’s rarely the case that having more women on boards means that lower down the organisation women are being promoted and supported in more senior management positions.” Then she writes: “Enter a new study – Womenomics 101. This survey, from the consultancy 20-first, looks at a different metric: women on the Executive Committee.”
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Comments
Elizabeth wrote on 18.12.2009 17:25:55:
I'm glad you enjoyed my article. It's great to read about new ways of supporting senior women at work. I look forward to finding out what the 20-first team says next!