McKinsey report shows culture critical to gender diversity
Submitted by Peter Thomson on 23 January, 2014 - 17:38
In the latest survey from McKinsey & Co on gender and workplace diversity, the results indicate that collective, cultural factors at work are more than twice as likely as individual factors to link to women’s confidence that they can reach top management.
The responses suggest that mind-sets and company culture are significant in affecting women’s confidence to achieve their career goals; they also highlight the particular aspects of corporate culture that make it most difficult for women to reach the top. Yet there is still a notable gap in how men and women regard the gender-diversity problem. Men are much more likely than women to disagree that female executives face more difficulties in reaching top management, and men see less value in the diversity initiatives that can correct the gender imbalance.
Nearly two-thirds of both male and female executives say they are willing to sacrifice part of their personal lives to reach a top-management position. This shows that the 'long hours' culture is still dominating corporate life despite the evidence in 'Future Work' that this is an outdated way of working.