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Issue No. CCXVII;\u00a0March 28,\u00a02014<\/strong><\/p>\n THIS ISSUE’S HIGHLIGHTS: I. WOMEN PRESIDENTS AND CEOs AT THE 2014 GLOBAL SUMMIT OF WOMEN – PARIS Joining the 2014 Global Summit of Women in Paris: Kosovo President Atifete Jahjaga, Former President of Finland Tarja Halonen, and Former President of Kyrgyzstan Roza Otunbayeva<\/em><\/strong><\/p>\n Two of these Presidents \u2013 Kosovo and Kyrgyzstan \u2013 came to leadership roles after protracted ethnic conflicts, so how did that experience impact what they chose to focus on in their presidency?\u00a0 Their gender was often cited by citizens in their countries as a hopeful element in the move towards peace and democracy.\u00a0 Do they agree with this opinion?\u00a0 Finland\u2019s President came to her post in a much more stable country.\u00a0 What did she focus on during her tenure that differed from her predecessors? She was much more outspoken in her support of women\u2019s issues throughout her presidency.\u00a0 Did this gender-specific advocacy impact on how she was viewed by voters?\u00a0 Above all, how did all three work to rebuild or grow their respective economies?\u00a0 (To view the Summit program, go to\u00a0www.globewomen.org<\/a>, click to GSW;\u00a0 to see which women currently serve as Presidents and Prime Ministers, go to\u00a0www.globewomen.com<\/a>\u00a0and scroll down to photos)<\/p>\n At the helm in the business world, four women leading major businesses have been invited to share their views on \u201cRedesigning the Workplace.\u201d\u00a0\u00a0<\/em>Marriott Worldwide\u2019s President for Europe Amy McPherson, Accenture’s CEO for Singapore and Managing Director for the Asia Pacific Lay Lim Teo, Orange\/France Telekom’s Deputy CEO Delphine Ernotte Cunci, and IBM\u2019s General Manager for Germany, Austria and Switzerland Martina Koederitz will examine the changes in the workplace that have taken place during their respective careers.\u00a0 Most important, they will look at what necessary redesign of the workplace is needed in terms of culture and practices that will enable more women to succeed and rise to leadership roles like theirs.<\/p>\n Women CEOs Sharing Views on Redesigning the Workplace at the 2014 Global Summit of Women: Marriott Worldwide\u2019s President for Europe Amy McPherson, Accenture’s CEO for Singapore and Managing Director for the Asia Pacific Lay Lim Teo, Orange\/France Telekom’s Deputy CEO Delphine Ernotte Cunci, and IBM\u2019s General Manager for Germany, Austria and Switzerland Martina Koederitz<\/em><\/strong><\/p>\n II. WORLD\u00a0BANK 2014 REPORT: ENGAGE PRIVATE SECTOR IN GENDER EQUITY What actions are needed?\u00a0 Expanding women\u2019s access to property and finance \u2013 an imperative to both governments and financial institutions \u2013 is a priority.\u00a0 Another one that requires public\/private sector partnership is to \u201cmainstream gender equality into jobs and growth strategies.\u201d\u00a0 Given that the business community can move faster and more boldly, the report recommends that the private sector be engaged in innovative solutions that advance gender equity at work, acknowledging that some large multinational companies have already begun to do precisely that.\u00a0 Lastly, the study notes that biases start early in life, so equity solutions must begin with the girl-child. (Source:\u00a0\u00a0World Bank Group Gender & Development Update, 3\/7\/14<\/em>).<\/p>\n III.\u00a0WOMEN LEAVING HIGH TECH JOBS<\/em> Gender bias is cited by these women workers as the major reason for their dissatisfaction.\u00a0 They feel excluded from the workplace social cultures, which are male-dominated;\u00a0 perceive gender bias in their evaluations;\u00a0 and feel unable to walk the fine line between aggressiveness and assertiveness.\u00a0 It should be noted, however, that 80% of these women loved the work that they do and they have ambitions to reach the top in their field \u2013 but not in the companies where they now work.\u00a0 (Source:\u00a0Washington Post,\u00a0<\/em>2\/13\/14)<\/p>\n At the 2014 Global Summit of Women, special effort has been made to showcase women in leadership roles in technology fields.\u00a0 Most important, outreach to university students through live-streaming of the Summit program, through the Summit\u2019s Youth Forum and 25 students invited to attend the Summit for free to expose them to women in charge.<\/p>\n IV. DEVELOPING CAREER CAPITAL THE KEY TO BUSINESS SUCCESS The vast majority of professionals surveyed (91 percent) agree that the most successful employees will be those who can adapt to the changing workplace, and nearly as many (89 percent) report that they thrive on or don’t mind change.\u00a0\u00a0 Respondents also made a number of predictions about women in the workforce, including:<\/p>\n Women on boards<\/strong>:\u00a0 Nearly three-quarters of respondents (71 percent) think the number of women on boards will increase by 2020; \u201cThis noteworthy optimism about the progression of women in the workplace is significant for both employers and employees,\u201d said Nellie Borrero, Managing Director, Global Inclusion & Diversity at Accenture.\u00a0\u201cAttracting, advancing and retaining women depends on providing an environment and culture that develops leaders, empowers women and enables them to thrive.\u201d<\/p>\n The preliminary findings of the report were presented by Stacey Jones, Managing Director for Corporate and Recruitment Marketing at Accenture, at the 2014 Colloquium on Global Diversity at Metlife in New York on February 20-21, 2014.\u00a0 For more from the Colloquium, visit\u00a0www.globewomen.org\/globaldiversity<\/a>.<\/p>\n Join 1,000 women coming to Paris at the REGISTER TODAY AT:\u00a0<\/strong><\/p>\n WWW.GLOBEWOMEN.ORG<\/a><\/strong><\/p>\n Don’t receive this e-newsletter regularly?
\n<\/u>I.\u00a0\u00a0\u00a0\u00a0WOMEN PRESIDENTS AND CEOs AT THE 2014 GLOBAL SUMMIT OF WOMEN – PARIS
\n<\/em>II.\u00a0\u00a0 WORLD BANK 2014 REPORT: ENGAGE PRIVATE SECTOR IN GENDER EQUITY
\n<\/em>III.\u00a0 WOMEN LEAVING HIGH TECH JOBS
\nIV.\u00a0 DEVELOPING CAREER CAPITAL THE KEY TO BUSINESS SUCCESS
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\n<\/em><\/strong>At the June 5-7, 2014 Global Summit of Women hosted by France, women\u2019s leadership at the highest levels of business and government will be featured.\u00a0 For the first time, the Summit is including a\u00a0Presidents Forum<\/em>\u00a0in which the President of Kosovo Atifete Jahjaga will be joined by the former President of Finland Tarja Halonen and the former President of Kyrgyzstan Roza Otunbayeva in a session on \u201cRedefining Leadership<\/em>.\u201d\u00a0 All were the first women to become heads of state in their respective countries.<\/p>\n![\"\"](\"https:\/\/globewomen.org\/globalsummit\/wp-content\/uploads\/2017\/08\/1-9.jpg\")
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A companion study to the World Bank\u2019s\u00a02013 World Development Report\u00a0<\/em>was released by the Bank as part of the International Women\u2019s Day celebration.\u00a0 Underscoring yet again the valuable impact of women\u2019s increased economic participation on reducing poverty worldwide,\u00a0Gender at Work\u00a0<\/em>noted that women\u2019s laborforce participation has actually dropped within the last two decades from 57% to 55%.\u00a0 The study notes that women face multiple barriers to full-time employment and that these barriers begin early and continue throughout women\u2019s lives.\u00a0 The report stressed that leaders in business and government needed \u201cbold, coordinated actions to advance equal opportunities for women in the world of work.\u201d\u00a0 World Bank Group President Jim Yong Kim emphasized that \u201cthis agenda is urgent.\u00a0 Failure to act represents a huge missed opportunity.\u201d<\/p>\n
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<\/strong>There has been a great deal of emphasis lately in moving girls and young women to science and technology fields \u2013 STEM education to improve their access to better paying jobs.\u00a0 A new report by the Center for Talent Innovation in the U.S.\u00a0 indicated that keeping women in such jobs is proving to be difficult.\u00a0 According to this study, 45% of women in tech fields are much more likely than their male peers to leave their jobs within a year.\u00a0 The dismal results are the same whether in the U.S., India or China.\u00a0 That they are stalled in their jobs is the feeling among 25% of US women and 45% among Indian women.\u00a0 Forty-five percent of Chinese and American women stated that they are likely to quit within a year.<\/p>\n
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<\/em><\/strong>More than 89 percent of female professionals around the globe and a similar number of male respondents believe building their \u201ccareer capital\u201d \u2013 those differentiated skills that define and advance their careers \u2013 is key to success in the workplace, according to a new study by Accenture. \u00a0Eighty-four percent of both women and men in the 32 countries surveyed say they are working to increase their career capital in an effort to enjoy greater opportunities for growth, have the ability to influence decisions at work, increase their credibility among colleagues and peers and reach their goals.<\/p>\n
\nWomen at the top<\/strong>:\u00a0 Seven in 10 (70 percent) say the number of women CEOs will increase by 2020; 15 percent believe the increase will be significant.
\nWomen in senior management<\/strong>:\u00a0 Nearly half (44 percent) say their companies are preparing more women for senior management roles than they did last year<\/p>\n
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\n2014 Global Summit of Women
\nJune\u00a05-7, 2014
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