Many Organizations Not Prioritizing Gender-Diverse Leadership

According to a recent report by IBM titled “Women Leadership, and the Priority Paradox,” a significant share of organizations are not making the increased inclusion of women in leadership roles a top business priority. Among the 2,300 organizations that were surveyed worldwide, only 18 percent had women in top leadership positions, including the C-suite, vice presidents, directors and senior managers. This finding is in stark contrast to a new wave of advocacy for gender-diverse leadership and a common understanding that diverse leadership leads to better financial performance.

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“Companies Need to Do Their Part, Too”: McKinsey & Company’s Women in the Workplace 2018 Report

McKinsey & Company and LeanIn.Org have recently released their Women in the Workplace 2018 report, one of the “largest comprehensive study of women in corporate America” since 2015, according to its website. The report showcases insights from data shared by 279 companies employing more than 13 million people and survey results from over 64,000 employees. While companies claim their commitment to improving gender diversity, progress in making it a reality has been wanting in the last four years. Read on for main takeaways and incredible statistics on women professionals in the corporate world.

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Governor Brown Passes SB 826 Bill Requiring Women on Corporate Boards

California Governor Jerry Brown signed the SB 826 “Women on Corporate Boards” bill this past weekend, a landmark legislation requiring female representation on corporate boards. Specifically, SB 826 requires that at least one woman be on the board of publicly held companies in California by year end 2019. Despite concerns over its potential efficacy, the bill is an important step in diversity and inclusion, as well as for the advancement of women.

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Chika Kako Becomes First Woman Among Toyota’s Top Managers

Chika Kako was recently promoted to second-in-command in Toyota’s luxury Lexus division. This vertical move makes her the only woman among the automaker’s 53 top managers, which she achieved by climbing Toyota’s corporate ladder for the last 30 years. To Kako, her success is due to her individuality, not her gender.

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