Women currently control about $20 trillion in global annual consumer spending, a figure which could climb to $28 trillion in the next five years. Their $13 trillion in total yearly earnings could reach $18 trillion in the same period. In aggregate, women represent a growth market bigger than China and India combined.
In ‘The Guide to Managing and Developing Young Professionals’, what Gen Y (or Millenials) want from the workplace is assessed and presented along with best practices on how to recruit, manage and develop young professionals. This survey of over 2,300 respondents helps identify the most important aspects of a job for individuals of different generational […]
In January 2011, the French government passed a gender quota law for corporate boards, which will become legally binding in 2017. Medium and large companies are now required to fulfill 40% women in their administrative and supervisory boards. Board decisions will still be valid for companies which do not meet the quota, but board election […]
For business leaders, a major task in a talent-starved global economy is to attract, retain and promote outstanding performers. In the constant war for talent, flexible jobs can be a powerful tool to overcome this challenge. As some 86 percent of Millennials expect flexibility from their employer, this new research by Bain & Company shows […]
The World Economic Forum has introduced a quota for female executives at the 2011 Davos summit and at least one of the five delegates sent by “strategic partners” must now be female. A WEF spokesman said, as a membership organization, there is a limited amount that they could do to improve female representation in boardrooms […]
In the latest salary survey by the UK-based magazine ‘Financial Director’, analysts have discovered that the pay gap between male and female finance directors has widened over the past two years. Women are now earning 68 percent of the average remuneration package of their male counter-parts – two percent less than the numbers in 2008. […]
In the recent study ‘Millennials in the Workplace: A Communication Perspective on Millennials, Organisational Relationships and Perform-ance’, Professor Karen Myers and Kamyab Sadaghiani from the University of California, Santa Barbara investigate the impact of communicated values and expectations of Gen Y. Many ‘Millennials’ have distinctive characteristics that may make interacting with them different from with […]
The fourth annually Diversity Conference in Barcelona focused on Global culture and transformation and its meaning for new approaches of Diversity Consulting. From 23rd till 24th February a handful qualified speakers informed and discussed about the integration of Diversity into business as usual. “If the only thing required to increase Diversity were the business case […]
The recent heated discussions over quota reignited by EU Commission Internal Market & Services Member Barnier reveal the true nature of Diversity: It is an emotional, personal and political issue in any sense of the words. Forget about the former choice of ‘social’ or ‘economic’ approaches. We are (finally) down to the pure power play […]
At the end of the first year of the EU project “Support for Voluntary Initiatives Promoting Diversity at the Workplace Across the EU”, a high level event brought together key stakeholders from Europe to discuss milestones and directions in the field.
