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Successful talent strategies to build the workforce of tomorrow
December 2, 2021 @ 11:00 am - 12:00 pm
The fact that gender diversity is critical to economic performance is not a matter of personal opinion anymore since a continuous stream of research has consistently demonstrated this point. Over the last twenty-five years, there has been a significant rise in the number of women earning undergraduate and graduate degrees as well as entering the workplace; we are now in the midst of an evolution in the number of women in entry, middle management and senior management positions.
While women represent more than 50 percent of the population worldwide, they only contribute to 37 percent of the global GDP, and represent only 39 percent of the global labour force. Women are one of the largest pools of untapped labour, in a world where qualified talent is becoming scarce, the premium will go to the companies that have been able to recruit, develop, and retain the best employees.
Research has found a difference in return on equity of 47 percent between the companies with the most women on their executive committees and those with none, and a 55 percent difference in operating results (McKinsey). Moreover, a diverse company will more closely mirror society which is incredibly important in the healthcare sector, which gives it a competitive edge in understanding the needs of specific groups, and indeed a company will not reach its potential if it overlooks the needs and buying behaviour of women, who in Europe account for 70 percent of all consumer decisions.
Chair: Ann O’Connell, Head of Ibec Medtech & Engineering Funded Skills Networks
- Kristen Weirick, Vice President, Global Talent Acquisition and Chief Diversity & Inclusion Officer at Alcon
- Filip Moriau, Director, STRAGILON Lab
- Marguerite O’Sullivan, Senior Innovation Engineer Manager, Johnson & Johnson