Embracing the Power of Women on the Front Lines of Community Change

As the ‘War for Talent’ continues, women are being increasingly recognized and actively participating in building stronger economies, more stable societies and achieving goals for economic development around the world. Women perform 66 percent of the world’s work, and produce 50 percent of the food, yet earn only 10 percent of the income and own 1 percent of the property.

Today, empowering women to take action is a critical component of corporate social responsibility (CSR) and community development initiatives.  Through CSR, organizations are mobilizing women to fulfill their potential by reducing poverty, fighting social justice and driving economic growth. They are providing women with access to healthcare, job training, technology advancement and education while boosting their confidence and encouraging them to make social change.

According to World Bank statistics, 53 million more people could fall into $2 a day in poverty as a result of the global economic slump – or up to 100 million more people according to the UN Millennium Campaign.

Top line Trends on Women:

• Women are increasingly becoming advocates and addressing key issues such as poverty, the environment, healthcare, education and arts/culture
• Women are playing a prominent role in their households and communities when it comes to philanthropy
• Women in the U.S. give an average 3.5% of their wealth to charity
• The volunteer rate of women was 30.1 percent in 2009 – Source: Bureau of Labor Statistics
• Taking a leadership position determining the future and value of charitable giving for the next generation – creating family charitable legacy

Snap shot on key issues women are addressing....

Zimbabwe         - Empowering Girls

Kenya                  - Accessing water

Cambodia          - Thwarting sex traffickers

India                    - Taking schools to children

USA                       - Creating leaders

Paradigm Shift: Women CSR Champions:  This, in turn, is effecting a major shift forcing culture change, transformation of organizations, community and workplace development programs.  Our leadership is continuing to be defined by innovative approaches that integrate sustainability into business operations, create a stronger workforce and build more impactful community development programs.

The following organizations’ are having a global impact on women by engaging in conscious commerce initiatives:

General Mills - Join My Village: Last fall, General Mills and CARE launched an initiative entitled ‘Join My Village,’ an innovative online community that is fighting poverty in Malawi through the empowerment of women and girls.  General Mills will donate up to $500,000 to increase economic and educational opportunities for women and girls in approximately 75 villages in Malawi, one of the poorest countries in Africa.  Through several activities such as telling a friend about Join My Village, or joining a village team – $1 will go to General Mills and will go to CARE’s poverty fighting programs in the Malawi villages.  Additionally, General Mills will match personal contributions dollar-for-dollar for up to $50 per donor, $15,000 per village or $150,000. Further information can be located at http://www.joinmyvillage.com/

Global Sister.org: A project of The Sisterhood is Global Institute (SIGI), is a global communications network and unique online social networking space, enabling women and organizations to collaborate, organize, and advance top-of-mind concerns such as violence against women, health and trafficking.  This is a virtual learning environment for women’s organizations to share and teach social organizing tools and techniques.  Further information can be located at http://www.globalsister.org/.

Unilever: Unilever has a number of programs that enable women to be progressively brought into the mainstream of economic activities to bolster development. The Fair & Lovely Foundation was set-up as a social initiative by Unilever Bangladesh Limited under its leading skin care brand Fair & Lovely. The mission of the Foundation is to "Encourage economic empowerment of Bangladeshi women through information and resources in the areas of Education, Career and Enterprise." The foundation provides scholarships that allow women to attend school and obtain degrees in fields such as engineering, commerce, science and medicine. Further information can be located at http://www.unilever.com.bd/sustainability/women-empowerment/FALfoundation.aspx.

The key is no longer ‘Why’ it is needed, but rather ‘How’ an organization is empowering women, developing and incorporating initiatives into core, everyday business and community development programs.

It is critical for an organization to treat and develop their own workforce well to be credible as they advocate for addressing pressing global concerns, impact and transparency of their programs.  Women’s career development programs are an important platform and link to CSR, as well as creating a global community of women citizens.  Through such programs, women are not only improving their economic potential but giving back to their communities through active participation and demonstrated impact.

And, they have the right and opportunity to earn more than 10 percent of the income and own 1 percent of the property.

Organizations have a timely opportunity to empower and galvanize a global grassroots level movement among women who are hungry to change pressing global concerns.

Sam Taylor

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POWER TO THE PEOPLE: Reflections from Diversity Best Practices: Global Best Practices Session 2010.

The recent Diversity Best Practices session, hosted by The New York Times, convened 300 corporate diversity and inclusion leaders followed by a joint report out with CEOs.  This interactive forum featured three core topics including  implementing global gender strategies, developing innovative solutions for engaging people with disabilities, along with utilizing CSR as a vehicle for maximizing diversity and inclusion results.  Corporations have significant opportunities to address some pressing issues and implications for conducting business in today’s marketplace including:

• How powerful social and economic change can be enabled when girls and women have the opportunity to participate in their society. Women perform 66 percent of the world’s work and produce 50 percent of the food, while earning 10 percent of the income and owning 1 percent of the property.
• Aligning Corporate Social Responsibility (CSR) as integral component of key business and talent strategies.
• Devising innovative strategies for people with disabilities.  There are 610 million individuals with disabilities worldwide and 386 million of working age with approximately 80% living in developing countries.

Following are some key takeaways and perspectives on the advantages of CSR, diversity and workforce inclusion.

Despite lay-offs and cost cutting, attracting and retaining talent remains top priority for global leaders in 2010.

A new study revealed that only 45% of Americans are satisfied with their work – even in an economy where some feel lucky just to be employed.  Job satisfaction in 2009 hit the lowest ever recorded by the Conference Board research group in the 22 years they have been studying US workers.

The new war for talent is creating greater consequences for corporations’ reputation management, enforcing culture change, transformation and reenergizing of their brands, particularly the employee brand.

Fellow CSR panelists included Peter Lamberta, Manager, Office of Global Diversity and Inclusion, Whirlpool Corporation and Orlando D. Ashford, Senior Vice President & Chief Human Resources Officer, Marsh and McLennan Companies (MMC).  Sharing perspectives about their initiatives and best practices for developing the employee value proposition, they provided the following comments.

”It is critically important to develop and promote the next generation of leaders that will enable the company to grow and gain competitive advantage”  - Peter Lamberta.

Orlando Ashford highlighted in his presentation:

(1997) “War for Talent:” – “The most important corporate resource over the next 20 years will be TALENT: smart, sophisticated business people are technologically literate, globally astute, and operationally agile. And even as the demand for them goes up, the supply of it will be going down.” Source: 1997 War for Talent – McKinsey & Co.

“Understanding employee concerns is the foundation for creating the right infrastructure and developing deeper intellectual capital to conduct business in today’s marketplace” - Orlando Ashford.

Diversity and Implications for CSR…

Diversity is increasingly becoming a key factor for attracting talent and creating teams that can perform to their full potential.

The ‘Business Case’ for diversity states that in a global marketplace a company that employs a diverse workforce (men and women, people of many generations, racially diverse backgrounds, LGBT) is better able to understand marketplace demographics, able to sell more products and services, and thrive than a company that has more limited employee demographics.

CSR is increasingly becoming a branding imperative, strategic tool to deliver diversity and inclusion results, as well as source of leadership, growth and competitive advantage.  

The key is not longer “Why” it is needed, but rather “How” can a company best align diversity with CSR into business strategy, customer relationships and sustain a diverse global workforce. 

Consumers and employees continue to advocate for their favorite brands to address pressing global concerns such as climate change, poverty, economic development, healthcare and mobilize more impactful community development programs. They are the advocates for change.

Meanwhile, a major new talent incentive is creating CSR and diversity champions.   Employees are seeking to work for an organization with a reputation for being environmentally friendly, caring about their workforce and a great place to work.

And, they are asking for and want to become more involved with philanthropic, workplace and community development initiatives. 

95% - CEOs report that businesses must address social and environmental pressures of society and employees will drive companies’ efforts to address sustainability.  Source:  McKinsey & Co/MIT Sloan Management Review.

Furthermore, in reviewing employees performance evaluations and development plans, companies are considering community involvement as a major performance competency and compensation criteria.

This, in turn, is creating a more diverse and inclusive workforce and key driver of bottom-line growth and corporate reputation.

Yet, according to research uncovered by Climb The Green Ladder:  Make Your Company and Career More Sustainable, Wiley, only 1 in 10 employees feel they have the training and resources to help their firm become more sustainable – so training and employment engagement programs are critical to ensure well trained staff and inclusion.

We cannot underestimate the role and power of employees for storytelling, experiential marketing, stakeholder engagement and creating loyal brand champions.

Leaders of global organizations must increase diversity in the workplace and align with conducting business in a sustainable and socially-conscious manner.

They need to make it front and center of the business case for the long term, a critical component for talent acquisition, growth and innovation to thrive in today’s complex marketplace.

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Sam Taylor

Diversity Best Practices - www.diversitybestpractices.com

For further information about CSR education, training and advocacy contact (212) 979 6092.

Reputation Dynamics Founder - Sam Taylor - Participating at Diversity Best Practices: CEO Symposium on February 9

Learn How to Sustain and Build Global Diversity and Inclusion Initiatives throughout Business. Hosted by the New York Times Company.

Diversity Best Practices specializes in facilitating discussions on diversity and inclusion among the most powerful leaders of corporate America.  Now in its fourth year, Diversity Best Practices' Global Best Practice Session offers its members a full day of research insights, best practice case studies and interactive discussion structured around three provocative topics:

• Implementing Global Gender Strategies: Utilizing Metrics and Accountability for Driving Gender Equality
• The Workforce and Long-term Implications: Innovative Strategies for People with Disabilities
• *Corporate Social Responsibility: The Vehicle to Deliver Diversity and Inclusion Results

Featured Speakers:

Janet Robinson, CEO, New York Times

Dr. Rohini Anand, Global Chief Diversity Officer, Sodexo 

Panel Details:

*Corporate Social Responsibility (CSR):  A Vehicle to Deliver Diversity and Inclusion Results

Sam Taylor, Founder, Reputation Dynamics

Peter Lambert, Manager, Office of Global Diversity and Inclusion, Whirlpool Corporation

Orlando D. Ashford, Senior Vice President & Chief Human Resources Officer, Marsh and McLennan Companies (MMC)

Leaders of global organizations are aligning CSR as an integral component of key business and talent strategies, leveraging their positioning to not only grow but also to sustain a diverse global workforce. No longer is CSR viewed as a “nice thing to do” but rather as a key strategic tool in creating a diverse and inclusive workforce.  

Stanford University surveyed 800 MBA students from eleven leading North American and European business schools and found that 94% would accept a lower salary - an average of 14 percent lower to work for a firm with a reputation for being environmentally friendly, caring about employees and about outside stakeholders such as the community.

Furthermore, in reviewing employees’ performance evaluations and development plans companies are considering community involvement as a performance competency and compensation criteria. How can CSR be utilized as a tool to drive market share and brand loyalty? How can CSR increases employee engagement? What’s being done to shrink the gaps and take steps forward?

For further information - http://www.diversitybestpractices.com/events/194

Stay tuned for Sam Taylor’s next blog posting – perspectives on utilizing corporate social responsibility to deliver diversity and inclusion results.

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