Catalyst Europe AG
Expanding opportunities
for women and business
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Contact information:
Catalyst Europe AG
c/o KPMG Fides
Landis+Gyr-Strasse 1
6300 Zug, Switzerland
tel: +41 (0)44 208 3152
fax:+41 (0)44 208 3500
europeinfo@catalyst.org
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Quick-finders:
< Upcoming events
< Catalyst website
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Catalyst Europe AG would like to thank General Motors Europe AG and Shell International B.V. for their generous support as the co-sponsors of this e-newsletter.
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With offices in New York,
Sunnyvale, Toronto
and Zug, Catalyst is proud
of its global reach
and relevance.
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Founded in 1962,
Catalyst is currently celebrating its 46th year. Catalyst Europe AG was established in June 2006.
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Catalyst enjoys the support of over 370 leading corporations,
firms, business schools, institutions
and associations.
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| Issue 16, August 2008
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C-cubed is
the monthly e-update highlighting the competence, connections
and community at the heart
of Catalyst Europe AG and the global Catalyst network
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Welcome
Diversity and Inclusion, otherwise known as D&I, are often referred to in the same breath, going hand in hand. But how visible is “inclusion” on the D&I stage? Are we giving inclusion equal billing, and if not, how can we best put the “I” back into the D&I equation?
As D&I practitioners know, the strength of having a diversified corporate environment lies with inclusion: actively tending to what each employee brings to the table, be it experience, knowledge or new ideas. It is in the diversity, or the contrast, of talents where some of the most innovative ideas originate. While diversity often gets top billing, keeping the same attention and focus on inclusion ensures the full benefit of having a diversified workforce.
If, as this month’s Thought Starter suggests, D&I is nothing short of a business enabler, then D without the I represents, at best, a mark of potential just waiting to be filled.
Best wishes,
Catalyst Europe AG Team
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This month's headlines:
Catalyst study reveals women break "glass ceiling" from above (go
to story)
Reserve seats now - Catalyst Europe’s Regional Symposia Series stops in London (go
to story)
Defining the “I” in the D&I equation (go
to story)
Unless
otherwise specified, please contact the Catalyst
Europe team at europeinfo@catalyst.org for
more information or follow-up on any of the stories
featured below. |
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| News |
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Competence
- new studies, learning and expertise |
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Catalyst study reveals women break "glass ceiling" from above |
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On the 23rd of July, Catalyst released its latest study – Advancing Women Leaders: The Connection Between Women Board Directors and Women Corporate Officers – which shows a clear and positive link between the percentage of women on a company’s board and the future number of women in its senior management ranks. The research found that companies with 30 percent women board directors in 2001 had, on average, 45 percent more women corporate officers by 2006, compared to companies with no women board members. Not only does this compelling research indicate a way to increase the number of women in leadership, it further supports Catalyst’s research on the financial implications of gender diversity at the top.
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Catalyst Europe to speak at women’s network |
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On September 9th, Catalyst Europe General Manager Eleanor Tabi Haller-Jorden will speak at McDonald’s Women’s Leadership Network event in London. At this internal event, Catalyst Europe’s presentation will focus on how to capitalize on the skills and expertise of women in management.
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Media Corner: New Catalyst study takes front and center stage |
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Catalyst’s Advancing Women Leaders study was recently cited in Copenhagen publication Executive Magazine (25 July). Catalyst Europe’s Eleanor Tabi Haller-Jorden shared in the article that “the results speak directly to the sustainability and strengthening of women’s bottom line contributions. Talented women entering the workplace today in Europe, the US and globally, will no doubt be heartened by these findings. Women’s representation on corporate boards is a critical bell-weather of corporate competitiveness.”
Catalyst’s research on Advancing Women Leaders study was also cited in the Financial Times (23 July) “Women crack glass ceiling from above” article. In the article, Catalyst’s president Ilene Lang said “women can crack the glass ceiling from both the top and the bottom. It matters a lot who is at the top. People feel it. When diversity and inclusion are embraced by the senior-most level of the company, it really does filter down.” |
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| Opportunities |
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Connections
- coming together to put knowledge to work |
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Catalyst Europe’s Second Symposium: Registration now open! (London) |
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Save the date – Catalyst Europe is pleased to announce that its next stop on the Catalyst Europe AG Regional Symposia Series tour will take place in London on 15 October 2008. As businesses recognize how important corporate culture is for attracting and retaining talent, it is no wonder that workplace culture and dynamics is a hot topic in the D&I arena. In partnership with Opportunity Now, Catalyst Europe’s second symposium – Fit for the Future: Culture and Workplace Dynamics – will delve deeper into how workforce changes are reshaping the workplace of the future. In addition to a stimulating forum on this vital topic, we are also delighted that Deloitte and Philips will be two of several key corporate presenters at the symposium. We thank Lehman Brothers for generously sponsoring this landmark event. To register, please click here. As seating is limited, we encourage you to register as soon as possible. |
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Conference: Catalyst Europe dives into the business case for D&I (Iceland) |
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Catalyst Europe’s Eleanor Tabi Haller-Jorden will be the keynote speaker at an international conference organized by Bifrost University on 19 September in Kopavogur, Iceland. The conference, which is open to the public, will focus on women on corporate boards, why female representation is so low and what can be done to change this reality. If you are interested in attending this event, registration will begin on the 18th of August. To register, please visit Bifrost’s website or call +354 433 3000.
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New regional event: Calling all Swiss women’s networks |
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With the upcoming start of a new fiscal year, Catalyst Europe looks forward to a range of new offerings. Particularly, Catalyst Europe is interested in exploring the level of interest in rolling out a regional open forum involving women's networks. The forum will be an opportunity for a number of different women’s networks based in Switzerland to come together in order to share and learn. The focus of the event will be on how to best position the network as a contributor to individual and/or organizational success and how women’s networks can avoid the dreaded mission drift. While we will initially launch this open forum in Switzerland, we also welcome interest from networks based elsewhere. If you are interested in this type of event, please contact Eleanor Tabi Haller-Jorden at ethaller-jorden@catalyst.org. |
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Catalyst Europe’s new European Research Forum on the table |
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At Catalyst Europe, plans are underway to launch an exciting initiative: the European Research Forum (ERF). This initiative would bring Catalyst Europe, Catalyst Europe members and leading D&I-focused academic researchers together to share learning from the field, spark new research initiatives and explore additional partnership opportunities within the greater Catalyst Europe community. Please stay tuned for more information. |
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Global membership: Gaining traction on the global front |
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Texas Instruments Inc. and BP p.l.c. are just two of the latest companies to recently sign on as Catalyst Global Members. With access to Catalyst’s tailored global membership services, global members are able to address diversity and inclusion on both regional and global levels – at special membership rates. Feel free to contact us for more information. |
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| Thought-Starters |
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Community
- the bridge to new thinking and greater Catalyst
network |
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Defining the “I” in the D&I equation |
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“With regard to global D&I trends, I believe the top three challenges we face are: D&I fatigue – a dismissal of the concern as it isn’t recognized as a ‘business enabler’ by middle managers; a continued lack of proactive involvement of white men, who are standing by the side and observing; and low focus on the “I” of the D&I equation. It is often easier to measure diversity, but we must focus equally on inclusion.
We have an additional challenge unique to the oil and energy industry, which is that there is a very limited pool of diverse applicants for some of the roles we seek to fill. This makes hiring, developing and promoting minority talents a true challenge – and we are up for it! Shell has been doing well in some areas, but in no way do we pretend to be the best or that we have everything figured out. We are also aware that – unlike a consumer environment – we already start out on an unequal playing field. We realize that to sustain the environment, it is crucial that we increase the diversity of our workforce and enhance the environment people operate in to be inclusive. It’s a journey and we are well on our way.
At Shell, we not only measure D&I by tracking women in executive positions and local nationals, but we also measure inclusion by an annual diversity index survey given to our employees in order to better assess the work environment. For example, we drive our D&I initiative by applying a simple, yet powerful model. This model helps us to focus on the following areas: education, communication, hiring, attrition, development, mentoring and the overall environment.
The aim with this approach is to see a mind-set change. It’s not enough to only focus on the measures. If you do this, you may totally forgo why people leave the company and miss out on the key levers and drivers involved. While it is crucial to have women and local nationals in leadership positions, it’s not enough just to hire them; you want to make sure that they stay in the company as well. Most importantly, by obtaining a mind-set change, all employees benefit from the environment.
Our aim is to seek out the best talent for the job. By including all talents, we can obtain a broader pool and higher bar. Better talents translate into stronger leaders, and this in turn gives Shell the profiles needed to deliver in the changing world we operate in. In short, we see D&I as a true business enabler in today’s global world.”
About Josefine van Zanten: As the Global Head of Diversity and Inclusion since 2006, Ms. van Zanten is responsible for Shell’s global D&I policy. Prior to her current position at Shell, she was the Diversity Director for Europe and Middle East at Hewlett Packard. |
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Catalyst Europe AG is the
European headquarters of Catalyst, the leading membership
research
and advisory organization working globally with businesses
and the professions to build inclusive workplaces and expand
opportunities for women and business.
For more information, please visit www.catalyst.org |
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