March 4, 2019 /3BL Media/ — A new study published by global social impact consulting firm FSG provides actionable and evidence-based practices that companies can implement to retain, develop, and promote more women from frontline positions. By advancing women into management roles, companies are able to improve retention rates, reduce the cost of turnover, improve customer loyalty, and strengthen retailers’ performance.
Over half (52 percent) of highly qualified women working for STEM companies leave their jobs, according to research by the Center for Talent Innovation (CTI). Yet one fifth of women currently employed in STEM are in senior-level positions, respected for their expertise, and satisfied with their jobs.
Harvard Business Review (HBR) has published its annual global ranking of the 100 best-performing CEOs, with Pablo Isla of the Spanish fashion retail giant Inditex topping the list for the second year in a row. Following behind Isla in the #2 and #3 spots are Jensen Huang of NVIDIA and Bernard Arnault of LVMH. They’re joined by newcomers to the top 5 this year, François-Henri Pinault of Kering (#4) and Elmar Degenhart of the German automaker Continental (#5). Salesforce CEO Marc Benioff has climbed to the #6 spot, up from #12 in 2017.
When you think back to the first time an experience inspired you to take action, you’d likely point to your adolescent years. An engaging teacher, a passionate parent, an enthralling book, or a movie that you watched time and time again. In that moment you may not have realized, but as you look back, you clearly see that your perspective on the world—and a belief in your ability to shape it—were being formed.
A survey of 1,700 companies discovers a relationship between diversity and innovation.
Rocio Lorenzo | Harvard Business Review Martin Reeves | Harvard Business Review
Diversity is both an issue of fairness and, some say, a driver of innovation and performance. To assess the latter claim, we undertook a large, cross-country study into the relationship between multiple aspects of managerial diversity, the presence of enabling conditions such as leadership support for diversity and innovation outcomes.
Does Wall Street finally care about sustainability? A noted sustainability author (Andrew Winston) muses about this in the pages of the influential journal for the C-suite – the Harvard Business Review. Yes, we think – more and more asset owners and managers are getting aboard the train...but there is work to do. And what about corporate boards and CEOs...”
What would you do if the majority of your entry-level, hourly workforce was planning to leave in less than a year? More than half of the 1,200 young people working in entry-level jobs we surveyed said that was their plan — and less than a quarter felt highly satisfied with their job. That’s expensive for business.
To understand how employers can improve engagement and retention, FSG worked with Hart Research Associates to survey entry-level, hourly workers between the ages of 17 and 24, and interviewed dozens of companies to find out how they have improved retention.
Harvard Business Review just released their much anticipated The Best-Performing CEOs in the World 2017 list. CSRHub is honored to have our ESG (environmental, social, and governance) metrics included again this year as part of the methodology for ranking the world’s top 100 CEOs.
by Brian Tippens, Vice President, Chief Diversity Officer
At no time in history has more attention been paid to the lack of diversity in the technology industry. An increasing demand for transparency from customers, stakeholders, and employees alike, has led to growing pressure to diversify a predominantly white, Asian, and male workforce. New companies are mobilizing to take a stand on social issues, while others with a strong history of human rights are aiming to increase accountability within management to foster inclusion among their teams.
BY Kim Austin, Marketing Manager, Collaboration Solutions Marketing
As Gartner puts it “The journey to digital business is a team sport.” The days when people worked heads-down in cubes by themselves is quickly giving way to a more interactive business world. Teamwork is more relevant – and prevalent – than ever before. And it extends beyond employees and the walls of the organization to partners, customers, and more.