Report: 2010 India Benchmarking ReportMar 04, 2011
Many companies working in India‘s dynamic economy struggle with the rapidly evolving talent crunch. The 2010 India Benchmarking Report enables companies to become more nimble by accelerating progress toward developing and advancing their talented women, a largely untapped resource.The report is based on the responses of 56 India-headquartered companies and India subsidiaries of Europe- and North America-headquartered companies across eight industry sectors: Consumer Products; Energy and Utilities; Healthcare and Pharmaceuticals; Financial Services; Industrials; Information Technology–Products and Services; Information Technology–IT enabled services (ITes) and Business Process Outsourcing (BPO); and Professional Services Firms (including Accounting and Management Consulting).
Some report findings demonstrate that:
- A full menu of diversity programs are available overall, but organizations seem lagging on managerial accountability and the engagement of men as champions to help eliminate gender bias.
- Although more than 70 percent of companies across all sectors reported general leadership development programs and most also reported targeted recruitment and retention programs for women, the percentage dropped considerably (with the exception on the financial services sector) on targeted leadership development programs for women.
- IT Products and Services was the only sector with more than 70 percent of companies reporting holding managers accountable for diversity goals.
In addition to the report, Catalyst members that completed the India Member Benchmarking survey receive online access to the password-protected Catalyst India Benchmarking Tool, through which they can compare their survey responses to those of all participants, India-headquartered respondents, foreign-headquartered respondents, and industry peers. They can also use the tool to view workforce data on representation, attrition, and promotion by organizational level and can download additional Diversity & Inclusion Practices.
President’s Circle Sponsor: IBM Corporation
Research Partners: American Express Company, BMO Financial Group, Chevron Corporation, Deloitte LLP, Desjardins Group, Deutsche Bank AG, Ernst & Young LLP, Hewlett Packard Company, IBM Corporation, McDonald’s Corporation, UPS