Cracking the Code Research Report Launch
Following the initial launch of the research in December, we are delighted to publish the final report on ‘Cracking The Code’, in partnership with the 30% Club and professional services firm KPMG. The latest research undermines ten myths around how women progress to the top.
At an event held in London this morning, YSC Director, Rachel Short and KPMG Partner, Melanie Richards presented some key pieces of data and their implications to an audience comprised of various sectors, many in the FTSE 100. The snapshot of findings which focussed on 4 of the 10 myths was followed by an audience Q&A which raised some interesting questions around the findings, and what this means for organisations and for leaders.
Key pieces of data from the report showed that currently, a man starting his career in a FTSE 100 organisation is 4.5 times more likely to make it to the Executive Committee (‘ExCo’) than his female counterpart. The blockage is at the top: senior women are two times less likely to be promoted and four times less likely to leave than their male peers.
The key takeaway message from the report and event this morning is that organisations need do more around changing their cultural view toward women’s career progression and that women cannot create gender parity alone.
The full report can be found here.
For a full methodology relating to the YSC data please follow this link.
For further details or to find out more about what your organisation could be doing to ‘balance the pyramid’:
Rachel Short - firstname.lastname@example.org
For Survey Queries:
Naira Musallam - email@example.com
For 360 feedback Queries:
Aoife Kilduff - firstname.lastname@example.org
For Interview Queries:
Meghan Craig - email@example.com
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