Advancing Women to the Boardroom
Executive Women May Be the Best for “Wicked” Problems
PwC UK collaborated with Harthill Consulting earlier this year to identify the leadership capabilities needed to transform organizations in the face of financial uncertainty and a less predictable world. Their report argues that operational experience alone will no longer guarantee success as a leader in the face of “wicked” problems that challenge the notion of business-as-usual, and they reference a “how we make sense of the world” framework called Action Logics to discuss what current leaders may find challenging and what “Strategists” have to offer when transformational leadership is needed.
Interestingly, PwC reported that the highest concentration of Strategists was Full Article
Compensation Difference for Female CEOs Add Up
Economists at the Federal Reserve of NY have released preliminary findings from a study on the gender pay gap in executive compensation. Their analysis identified three differences in the structure of compensation packages for male and female executives that continue to put women at a disadvantage – even at the top.
- Incentive pay made up a smaller percentage of total compensation for women relative to men.
- Compensation for female executives was less pay-performance sensitive relative to men.
- Female executives were more likely to suffer the consequences of bad firm performance and less likely to benefit from positive firm performance relative Full Article