120 Wall Street
New York, NY 10005
T +1 212 514 7600
F +1 212 514 8470
8 King Street East, Suite 505
Toronto, Ontario M5C 1B5
T +1 416 815 7600
F +1 416 815 7601
CATALYST EUROPE AG
c/o KPMG AG
6300 Zug, Switzerland
T +41 (0)44 208 3152
F +41 (0)44 208 3500
CATALYST INDIA WRC
B - 601, Ivy Tower
Mumbai 400 097
T +91 22 6700 0785
January 2013, Volume 6 Issue 1
C What's Happening
Little Change for Women on Boards Leads Catalyst to Take Action
The needle has barely budged for women at the top and women on boards. Despite high-profile news about gender gaps, equal pay, and women on boards—according to the 2012 Catalyst Census: Fortune 500 Women Board Directors and 2012 Catalyst Census: Fortune 500 Executive Officers and Top Earners—women’s share of Board Director and Executive Officer positions increased by only half a percentage point or less during the past year. Responding to this challenge, Catalyst has initiated the Catalyst Corporate Board Resource, which enables Catalyst’s highly respected Board Directors and member company CEOs to recommend women they personally sponsor and endorse as “corporate board-ready.” Watch the videos and read the full reports...
Book Your Table Now for the 2013 Catalyst Awards Dinner
Join nearly 1,600 guests, including CEOs and other leading executives from top corporations and professional firms, on Tuesday, March 19, 2013, for the Catalyst Awards Dinner, sponsored by RBC and Shell Oil Company. This year’s Board Reception is being sponsored by General Motors Company and The Home Depot, Inc. And stay tuned in the coming weeks for the announcement of this year’s winners. The 2013 Catalyst Awards Dinner Chair is Denise Morrison, President and Chief Executive Officer, Campbell Soup Company. Patron tables are already sold out and other levels are going quickly. Be a part of this incredible celebration by sponsoring a table today!
Save the Date for the 2013 Catalyst Awards Conference
The 2013 Catalyst Awards Conference, highlighting the 2013 Catalyst Award winners, powerful networking opportunities, and an exciting new Catalyst initiative, will be held on Tuesday, March 19, 2013, at The Waldorf=Astoria in New York. The event is sponsored by Walmart, and Ursula Burns, Chair and CEO, Xerox Corporation, is the keynote speaker. Reserve your hotel room online. Conference registration will be available in late January, when we announce the 2013 Catalyst Award-winning initiatives.
Make the Most of Mentoring Month
January is National Mentoring Month in the United States. Catalyst knows firsthand that mentoring and sponsorship are vital to women moving up in the workplace. Here are some resources to help you either become a mentor or find one:
- Optimizing Mentoring Programs for Women of Color: This tool provides assistance to diversity and inclusion professionals who are developing new or refocusing existing mentoring programs for diverse women.
- Making Mentoring Work: This research project includes several tools and research reports with information on building robust formal mentoring programs from the ground up as well as on ways to leverage existing formal mentoring programs.
- Other Catalyst resources on mentoring and sponsoring include research reports, examples of best practices, tools, and much more.
Getting Ready For Change in India: A Step-by-Step Guide
Specifically written for organizations based in India, this tool offers insights and examples useful at all stages of the change process. Organizations considering undertaking an initiative, strengthening an initiative to maximize workforce diversity and inclusion, and seeking to sustain long-term change can use this tool to:
- Find thought-starters that can facilitate a common understanding and build internal knowledge.
- Initiate dialogue and discussion on diversity and inclusion with senior leaders, human resources and diversity practitioners, and managers.
Engaging Men: A Panel Discussion – January 17
Anthony Mitchell, Senior Membership Manager, Atlanta, leads a discussion for Catalyst members only about exploring ways to engage men as advocates for women's advancement at a breakfast panel hosted by Catalyst and Visa in Miami, FL. Please RSVP by January 11 to Anthony Mitchell.
Houston Member Roundtable – January 17
Catalyst, in conjunction with Halliburton, hosts a Diversity & Inclusion roundtable discussion in Houston, Texas, that tackles our research series on High Potentials in the Pipeline. Topics include disparities in career advancement, the lack of high visibility for women in the workforce, and women not being given the opportunity to obtain critical roles in business. Contact Martha Feeback for more information.
ICEDR Webinar: Diversity & Inclusion: Exploring the Root Causes Behind the Gender Gap – January 22
Anna Beninger, Senior Associate, Research, and Alixandra Pollack, Senior Associate, Research, present on Catalyst's longitudinal research project, The Promise of Future Leadership: Highly Talented Employees in the Pipeline, at a webinar hosted by The International Consortium for Executive Development Research (ICEDR). This webinar will provide attendees with an opportunity to reflect on why disparities in career advancement persist, and help identify ways to effect change in and organization, as well as in careers of individuals. Register online.
All About Boards Tweet Chat – January 22
Brande Stellings, JD, Vice President, Corporate Board Services, and Kerry Goodenow, Associate, Corporate Board Services, lead a Twitter conversation on All About Boards, in which they will discuss diversity on corporate boards, where the qualified women directors are, and what can be done in this “to quota or not to quota” climate. Follow along via Twitter.com or use Tweetchat.com for a more streamlined view of the discussion. Please use the hashtag #ChatCat for every tweet you send during the event.
Women of Color Forum – January 23
Are Diversity and Inclusion programs really addressing gender and racial bias in the workforce? According to Catalyst research, over one-third of diverse women believe that they aren’t. Katherine Giscombe, PhD, Catalyst Vice President, Diverse Women & Inclusion Research, leads a forum tackling issues concerning women of color and the subtle bias that they endure in the workplace. The discussion will be held in Plano, TX, and is sponsored by Dr Pepper Snapple Group. Contact Martha Feeback for more information.
Catalyst Europe Member Roundtable, Munich – January 31
Join Isabelle Kürschner, Catalyst Europe Ambassador to the Germanic Region, for a discussion surrounding women’s network groups in Munich. This event will be hosted by Hewlett Packard. Register early via email as seating is limited.
Access Catalyst Wherever You Are
Catalyst webinars and podcasts are virtual opportunities for members to engage and learn from and with one another. Catalyst’s Virtual Events are complimentary to employees of member companies. Check out our upcoming slate and register online.
This webinar is targeted to Australian members, but other members may attend.
The Catalyst Canada Honours – Reminder
For those who’ve submitted nominations, we’d like to remind you that the supplementary questionnaires are due on January 18 to email@example.com
Gather ‘Round in Montreal – Why Diversity Matters - January 23, 2013
Join Sunniva Sorby, Relationship Manager for Catalyst at the newly remodeled McKesson Headquarters for a member Roundtable discussion on Why Diversity Matters. This session is hosted in French. Please RSVP to firstname.lastname@example.org.
As We C It
Get on Board: Just Add One
Around the world, everyone is talking about women on corporate boards, but the talk hasn’t led to change in the United States. For the seventh year in a row, Catalyst prepared the same headline for the release of our annual Catalyst Census: Fortune 500 Women Board Directors: women’s representation on F500 boards is stalled. Board diversity is only one piece of the puzzle of gender equality we tackle on Catalyzing, but it’s a critical one. Corporate boards wield immense influence and power, setting the course for some of the most important economic and social institutions in the world. Read more…
In Sweden Everyone is Equal. Not.
MARC blogger Lars Engstrom says, "I hear from colleagues and friends in the U.S. that Sweden has 'come so far' regarding equal opportunities. However, it’s not enough that we have 'come far.' We either have or don’t have equal opportunities. And in Sweden we don’t." Reports come and go, but sexism is strong and present throughout our society. And while Sweden is better than most countries, progress still needs to be made. Read more...
Catalyst Tweet of the Month
EU Vice-President V Reding urges companies to make use of this "untapped pool of talent." #womenonboards http://ow.ly/g5jbj
Catalyst Making Headlines
Catalyst closed the year with a ton of ink, a large part of it on our Census and the lack of women on boards and in executive officer positions, as well as the announcement of our Catalyst Corporate Board Resource. Selections of coverage include: Nightly Business Report, “Catalyst President and CEO Ilene H. Lang Explains How Women Can Get Top Executive Jobs”; ABC News, “Time for Romney-Style Binders? Corporate Women Lag Behind”; US News and World Report, “Women Make Little Progress Atop Fortune 500 in 2012”; The Washington Post, “A Real ‘binder full of women’”; The Globe and Mail, “U.S. Women Make Slow Progress into Boardrooms, Executive Jobs”; CBS Los Angeles, “CBS--Los Angeles Interview with Deborah Gillis”; Glamour.com, “In the "Year of Marissa Mayer," Have Women Made Significant Gains In the Boardroom? (You May Not Be Stoked On This News)”.
Click Below to Stay Connected With Catalyst Through All of Our Platforms