
Within the past decade, many organizations have realized the essential
need for diversity in sustainable growth, innovation and success. Although historically women have been
underrepresented in the automotive industry similar to engineering and
technology, organizations such as GM have made a formal commitment to focus on
women as a strategic lever for growth.
Organizations who are driven for success, are increasing the
percentage of female recruits, they effectively identify and mentor
women with management
potential, and increase the number of women in leadership
positions. Women can help organizations
relate to a customer base that includes a higher percentage of women. Leading companies recognize the importance of
having women involved in product development and innovation.
The most important initiative that a company can take to improve their
gender diversity as well as their overall strategic Human
Capital planning as it relates to competitive advantage, is to measure
where they are in total numbers. Metrics
is the only sure way of expecting change and growth.
Beyond measuring, training can make a significant difference because
company leaders and hiring managers may not even realize their own gender
bias. Recruiting,
retaining and advancing women is not about quotas or a checklist, but rather it’s
about identifying the best possible
talent and heading them toward the goals of gaining economic and innovative
competitiveness. Women are currently
underpaid and under-recognized, and that’s a fact. In fact, the gender pay gap has hover at 77
cents on the dollar since 2007 (Huffington
Post). However, an organization simply cannot have the goal of by
excellence in service and quality in product development, if only 50% of its employee
population are given a seat at the table.
Unlike the automotive industry, the entertainment industry has
realized the value of women in driving the bottom-line. Although she is no Miley
Cyrus when it comes to popularity in the media, Mary Barra who currently ranks 35th
on the Forbes
List of 100 Most Powerful Women, is proof that organizations are
slowly but surely waking up and jumping on the band wagon to the best kept
secret; the Woman Human Capital Advantage.
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