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Every year, the 20-first Global Gender Balance Scorecard looks at a single measure ofprogress: the gender balance of the Executive Committee of the TOP 100 companies inthree key regions of the globe (see www.genderbalancescorecard.com for globalstatistics). This companion survey focuses in on the gender balance of 20 topcompanies in the UK.
Whereas much attention has been paid to the gender balance of Boards, we argue thatthe Executive Committee is a much better indicator of corporate progress in managingand developing talent in a truly meritocratic and gender “bilingual” way.
Today, more and more companies are waking up to the 21st century reality, where mostof the educated talent in the world and a majority of the consumer market is female.Many have begun to make gender balance in leadership a strategic priority. Let’s take alook at what the top companies in the UK have achieved to date.
THE CORE METRIC
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Info: [email protected]
The UK top 20utterly fails to‘walk the talk’that has buzzedaround UKbusiness eversince the DaviesReport. It’sdepressing to tryto comment onsomething that
really deserves a ‘No comment’. IfUK business is changing, it’s notobvious among these companies.The number and percentage ofwomen in senior executive roles inthe TOP 20 are almost identical toa year ago – 15% then, 16% now.Likewise, the number in line oroperational roles is essentiallystatic.
The only notable movement comesfrom a turnover in companies thatmake it to the top 20. At least wecan report that half the companiesin this year’s list have 2 or morefemale faces at the executive table– though they share that table withanywhere from 7 to 14 men. Andonly 3 companies still have men-only executive committees.
We’re told the talent pipeline isgetting stronger; if it is, there’s stilla blockage right at the top, and Idoubt it’s made of glass.
GLOBAL GENDER BALANCE SCORECARDFocus on the United Kingdom
JUNE 2014
AvivahWittenberg-Cox
2014
NO COMMENT!
KEY FINDINGS Executive Committee
= line = staff
84% 7% 9%
* Staff or support roles include Communications, HR, Legal, IT, Strategy, Public Policy, etc.
Line or operational roles include CEO, CFO, Country Head, Business Unit Head, etc.
THE SIX PHASES OF THE GENDER JOURNEYThe Top 20 companies on the following pages are segmented into one of the followingsix phases:
Asleep. Exclusively male team. 100% M / 0% F
Token. One (or two) women in staff or support function. < 15% F
Starting Smart. One (or two) women in central core or operational role. <15% F
Progressing. M/F ratio between 85 % M / 15% F and 76% M / 24% F.
Critical Mass. M/F ratio of at least 75% M / 25% F.
Balanced. Minimum of 40% of either gender.
The data for this survey is based on publically available information provided by the Top20 companies on their websites as of June 2014. The list of companies was drawn fromthe Fortune 500 Global rankings published in July 2013.
Alas
tair
Fyfe
In our sample of Top 20 companies in the UK, there are a total of 210 Executive Committee members. We define the Executive Committee as the group of executives who report directly to the CEO.
84% of these Executive Committee members are men (177); 16% are women (33).
Of these 33 women, a little more than half (18, 55% of female Executive Committee members) are in staff or support roles and 15 women (or 45%) are in line or operational roles.
Two companies stand out in having achieved critical mass in their top teams. Barclays has 70% M and 30% F, while J. Sainsbury has 73% M and 27% F. Since we published last year’s report, several companies have added one woman to their top team including Anglo American, Barclays, Prudential, Royal Bank of Scotland and Vodafone.
Only three companies (or 15%) of the UK’s Top 20 companies still do not have a single woman on their Executive Committee.
Focus on the United Kingdom
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20-first’s Gender Balance Sc
311
Executive CommitteeAvivaMark Wilson
Progressing
= line = staff
37
Executive CommitteeBarclays Antony Jenkins
Critical Mass
= line = staff
110
Executive CommitteeBPRobert Dudley
Starting Smart
= line = staff
16
Executive CommitteeBT GroupGavin Patterson
Token
= line = staff
15
Executive CommitteeCentricaSam Laidlaw
Progressing
= line = staff
311
Executive CommitteeGlaxoSmithKlineAndrew Witty
Progressing
= line = staff
311
Executive CommitteeHSBC HOLDINGSStuart Gulliver
Progressing
= line = staff
38
Executive CommitteeJ Sainsbury Justin King
Critical Mass
= line = staff
06
Executive CommitteeLegal and General GroupDr Nigel Wilson
Asleep
= line = staff
* Staff or support roles include Communications, HR, Legal, IT, Strategy, Public Policy, etc.
Line or operational roles include CEO, CFO, Country Head, Business Unit Head, etc.
19
Executive CommitteeLloyds Banking GroupAntonio Horta-Osorio
Starting Smart
= line = staff
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Info: [email protected]
Focus on the United Kingdom
Scorecard: Focus on the UK
16
Executive CommitteePrudentialTidjane Thiam
Starting Smart
= line = staff
28
Executive CommitteeRio Tinto Group Sam Walsh
Progressing
= line = staff
210
Executive CommitteeRoyal Bank of ScotlandStephen Hester
Progressing
= line = staff
06
Executive CommitteeScottish & Southern EnergyAlistair Phillips-Davies
Asleep
= line = staff
314
Executive CommitteeTescoPhilip Clarke
Progressing
= line = staff
211
Executive CommitteeVodafone Vittorio Colao
Progressing
= line = staff
* Staff or support roles include Communications, HR, Legal, IT, Strategy, Public Policy, etc.
Line or operational roles include CEO, CFO, Country Head, Business Unit Head, etc.
111
Executive CommitteeWm. Morrison SupermarketsDalton Philips
Token
= line = staff
07
Executive CommitteeStandard LifeDavid Nish
Asleep
= line = staff
19
Executive CommitteeOld MutualJulian Roberts
Starting Smart
= line = staff
213
Executive CommitteeUnileverPaul Polman
Starting Smart
= line = staff
20-first © 2014 | www.20-first.com
Info: [email protected]
• The business Imperative:We help companies to unlock 21st century Market and Talent opportunities
• Focus on leaders, not onwomen: We equip leaders witha strategic understanding andmanagement competenciesto work across genders
• Global perspectives:We are experienced working with global companies across all regions and cultures ofthe world
20-first is one of the world’sleading global consultanciesfocused on gender balance as a business and economicopportunity.
We work with many of the bestknown global companies that seekto move from 20th centurymindsets, management styles andmarketing approaches into moreprogressive 21st century forms –and to stay first at the game.
Hence our name. It underlies ourpurpose, and those of the clientswe serve.
For more information, please contact [email protected]
Who we are
Wake UpEngage leadersand managers
Start SmartLaunch an
initiative with the right people
and the rightpositioning
1
2
Align LeadersGet buy-in on
why balance is a business
opportunity andhow to scale it
BuildManagement
SkillsEquip managers
with skillsneeded to
manage acrossgenders
Sustain theChange
Keep up themomentum, track
progress andreward success
3
45
What makes us different
And just published by Harvard Business Review,the new e-book: Seven Stepsto Leading Gender-BalancedBusinesses 7S E V E N S T E P S T O L E A D I N G A
G E N D E R - B A L A N C E D B U S I N E S S
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