Women in Leadership

Monday, March 9, 2015

As a lecturer in a subject called “Diversity in Business”, I have often been asked questions about the role of women in management. Much classroom discussion has ensued, but I have never yet been as optimistic as to suggest that 50% of management in a large organisation might be women. But this figure is the new goal for Westpac, who have long been supporters of workplace practices that attract and support women. Women in Leadership

Westpac announced targets for women in management back in 2010 of 40% – which was exceeded in 2012. Now they have set their sights – and timeframe – to 2017 where they are aiming to have 50% women in leadership positions.

How exactly are they planning to achieve this? Westpac are introducing innovative new programs for women to join traditionally male-dominated areas such as IT, recruiting women from outside the banking sector. A focus on making flexible work practices an everyday occurrence, and in addition, measuring gender diversity progress and holding management accountable.

It is an aspirational target, but the research suggests the benefits of having women in management makes it one worth shooting for.

https://probonoaustralia.com.au/news/2015/03/gender-diversity-at-westpac/

Peter Williams