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Friday, March 10, 2017
POSTED BY TURTLE & HUGHES COMMUNICATIONS BLOG IN
This month is Women’s History Month. It is a time to reflect on how far women have come and what still needs to be done to nurture and support their success in the workplace.
Nowhere is gender disparity more disproportionate than in STEM careers — the jobs that encompass science, technology, engineering, and mathematics.
Today, women account for almost half of the U.S. workforce yet represent only 24% of all STEM jobs. In the field of electrical engineering, women hold only 8% of positions nationwide. While 12% of women earn an undergraduate degree in a STEM field, only 3% of them continue in STEM after 10 years.* According to a Department of Commerce report, since 2000, women in STEM-related careers have seen minimal or no growth compared to their male counterparts.
The questions remain: Why should women matter and what can we do to make long-term change?
Gender equality is about doing the right thing, but it’s also about economic growth. According to a McKinsey Global Institute report, $12 trillion could be added to the Global GDP by 2025 by advancing women’s equality. It states that “Women are half of the world’s working-age population but generate only 37% of GDP.”
As a diversity company, we know firsthand that including a wider range of companies in your supply chain creates a more innovative and agile supplier mix. Women influence about 70% of all consumer buying decisions, so for our large multi-national customers, a diverse supplier network also most closely represents their customer base and helps them better connect to those who purchase their products.
It’s up to today’s leaders, no matter what your gender, to inspire and grow the next generation of women. We need more women role models in every field, not just in STEM. We need men and women to actively sponsor and support the success of women in the workplace. At its core, sponsorship is believing in someone’s potential, providing guidance and counsel, and creating opportunities for them to succeed.
The influence of today’s mentors stretches far beyond their initial recruits and grows exponentially. Close to 70% of high potentials who were sponsored, go on to become sponsors themselves. Women, like men, need to be inspired in order to inspire others.
There are many great programs in need of mentors and other volunteers. This Women’s History Month, let’s think about how we can write history together by changing the world one woman at a time.
Million Women Mentors
*STEMconnector. Women’s Quick Facts:Compelling Data on Why Women Matter, Million Women Mentors. New York: Morgan James Publishing, 2017. Print.
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