Join SPA on Monday, May 9 for a lively breakfast discussion on women in the work force based on recent McKinsey and Lean In studies. These studies find:
- Women are still highly under-represented at the top of corporations and leak throughout the pipeline – majority of countries report less than 10% female CEOs; U.S. has 17% women in the C-suite. Current workplace cultures and mindsets are limiting advancement:
- Women are 25% less confident they will reach top management – 40% of women don’t believe their leadership styles fit; nearly half of women believe they have fewer opportunities than men
- Women face barriers: more staff roles than men (vs. line roles) and gender-skewed networks
Six intervention types can help: financial incentives; technology and infrastructure; economic opportunity creation; capability building; advocacy and attitudes; and laws, policies, and regulations. Within corporations, implementing a gender-diversity ecosystem is critical, including: strong CEO commitment, key KPIs, working through the selection and promotion funnel, and cultural enablers.
We will meet at Gene & Georgetti Rosemont for breakfast. Kimberly Borden from McKinsey will present the findings from these studies and will lead our discussion. We hope you will join us!
Kimberly Borden is a Principal in the Chicago Office of McKinsey and Company. She has experience serving clients on issues related to operations and strategy, with a focus on product and go-to-market development, supplier management, and transformational change.
Prior to joining McKinsey, Kimberly spent 11 years in the Automotive Industry working both for BorgWarner Automotive and DaimlerChrysler in P&L management, product development, program management, and supplier management. At Daimler, she spent 2 years in a management training program and at BorgWarner, she worked with European, Asian, and US OEMs to launch various programs. She was responsible for over $200M in program P&L, and was part of an executive leadership team that took a highly unprofitable division to a record performer.
Ms. Borden holds an MBA, with distinction, from the University of Michigan, an MSE, summa cum laude from Oakland University, and a BSE from the University of Michigan in Mechanical Engineering.
Event Details: 7:30am Gene & Georgetti Rosemont, 9421 W. Higgins Rd., Rosemont RSVP to [email protected] or 312.263.1661 Continental Breakfast will be served Free to FEI Chicago Chapter Members; $25 Guests RSVP by Thursday, May 5.
FEI's Strategic Professional Alliance (SPA) builds strategic relationships and social capital across FEI's women members, draws upon FEI's women members' collective knowledge, and explores areas of interest to women in financial leadership roles. Our meetings are open to ALL FEI members.