Lauren Harley, Assistant Director of Education and Certification and Education, Association Solutions, was a panelist on the SURGE Connect Virtual Conference Fixing the ‘broken rung’ in the association industry. Lauren and the other panelists discussed a 2019 McKinsey and Co. and LeanIn.org report, which identified the key issue in creating gender equality in organizational leadership as the fault of a missing “bottom rung” on the ladder into the C-suite. They examined gender and diversity issues in association management. Lauren shares these key takeaways with us:
- Just 7.5% of all nonprofit executive staffs (and 14% of nonprofit boards) are women of color.
- A recent report on gender and diversity by BCG, a leading consulting firm, notes that companies with above-average diversity within their management teams have innovation revenue of 45%, versus 26% for those with below-average leadership diversity.
- According to the Center for Creative Leadership, Fortune 500 companies with the highest representation of women on boards financially outperform those with the fewest female board members.
Thank you, Lauren!