Catalyst Blog

To mark the end of 2010—and my final Catalyzing post until January 2011—I asked my colleagues at Catalyst what they wish for in the days ahead for women and work. Here are Catalyst’s top ten wishes for 2011:

We wish for…

10. Inclusive, agile work cultures that reward results rather than face-time.

9. Companies around the world to “get it” that more women in senior positions can improve financial performance.

8. Men to champion and sponsor the many talented women they work alongside, question the tyranny of macho norms, take more responsibility for child-rearing and the division of labor at home, and  become truly equal partners to women.

7. An acknowledgment that women are the key to solving the world’s problems.

6. Managers to accept and celebrate the career commitment of mothers returning from maternity leave.

5. Headline writers to actually link headlines to story content—instead of writing unrelated, misleading, or “sexy” headlines that do not reflect the more thoughtful points in the article.

4. An end to the false notion that women don’t help each other advance in the workplace.

3. The realization that diversity is not a zero sum game—women, men, families, business, and the economy have a lot to gain from inclusive workplaces.

2. Equal pay for equivalent work—eliminate the gender pay gap once and for all! 

1. More optimism from both women and men who doubt that all this change is possible.

What do you want to see in 2011 for women and business? Let me know in the comments below!

If a woman lands a job, does a man lose one?  Online commentary about our latest report, Pipeline’s Broken Promise, suggests that many people still believe this.

The study revealed that women MBAs from top business schools begin their careers, on average, in lower-level positions, are paid less, and receive fewer promotions than their male counterparts— regardless of global region, industry, and whether or not they have children, among other factors. I was disheartened by the findings, as were the CEOs quoted in the report. James S. Turley, Chairman and CEO of Ernst & Young, called them “surprising and disappointing.” Janice L. Fields, President and CEO of McDonalds USA, used the word “deflating.”

But online voices took a markedly different tone.

The majority of comments on the stories by ABC News and The Globe and Mail about the report expressed skepticism toward the findings. Some harbored a sexist point of view. At their core, I think the comments rested on a single fear: more women at work hurts men.

Nothing could be further from the truth.

Our report, Engaging Men in Gender Initiatives: What Change Agents Need to Know, revealed that men have much to gain, including better psychological and physical health and more rewarding relationships with their families. Not to mention the money angle.  Think about it like this: if your wife lands a great job or gets a raise, your whole family benefits— not just your wife. So does the economy, as women control the majority of consumer spending. More cash in hand… more money to contribute.

Companies benefit as well. Catalyst research shows that companies with more women in leadership have, on average, better financial outcomes than those with fewer women in those roles. So not only are your wife, daughter— even your mother— given a fair shake in the workplace, your company gets a potential boost as well.

Diversity is not a zero-sum game. The notion that “women are taking over” at the expense of men sounds like a plot from a cheesy 1950s sci-fi flick. It’s a myth, and it’s outdated, so much so that it was recently lampooned by the Daily Show. It must be laid to rest.