Helena Yoon

Sometimes you have to take risks and run toward the fire, says Helena Yoon, a Principal at PwC, a philosophy that has helped her create a rich and varied career.

Building an Agile Career at PwC

Yoon started as an intern at PwC more than 20 years ago. Although the common thread throughout her career has been a focus on clients, her roles have been in a wide variety of departments. Each time she left for maternity leave, she transitioned her portfolio to others on her team, and then would reinvent herself each time she returned, coming back to a different role. This allowed her to gain experience in compliance, regulatory audit and consulting.

“The strategy bolstered my career by forcing growth and change agility,” she notes, adding that her career success is proof of how she’s been able to handle the challenges.

“When I returned from my first maternity leave, I encountered some challenges and wondered how I could succeed professionally. Fortunately, I had a mentor who rallied around me and helped me work through how to balance and achieve what I wanted. Now, I see what a benefit it was to learn how to reinvent myself – the change agility has been invaluable to my career.”

Today she serves a mix of audit and non-audit clients in audit and consulting roles. The crux of everything she does is helping others maximize their potential, whether they’re clients or her internal team. “I’m proud that others can be more effective because of the work I do,” she says.

Yoon is fascinated by the changes that will be brought about by applying automation and analytics to her teams and clients, and seeing how business will be transformed as a result. Historically, large volumes of data sat in disparate locations, but now, there’s a way to pull the pieces together and turn data into meaningful information that can be applied to improving business.

Empowering Women in the Workplace

Yoon recommends women take the time to invest in relationships. “My tendency early on in my career was to put my head down and focus on the work at hand, and as a relational person, I wish I had known to nurture and invest in others right from the start.” Sometimes women tend to be comfortable in what they’re doing, but Yoon says we need to disrupt that, especially in professional services.

“A world of opportunity is open, but I spend a lot of time with younger women, and one theme I consistently hear is that they don’t see as many role models as males do, which makes it harder to envision the future three or four jumps ahead.” Fortunately, she says, advances are occurring that will make professional services more accessible to women. As one example, recently PwC announced the firm is expanding parental benefits, which will make a great difference for returning moms. The new and creative addition is that they will follow eight weeks of paid leave with four weeks of a reduced work schedule at one’s regular full-time pay.

“I creatively eased my way back myself, but now it’s an official program, which I think will really help retention,” she says.

As a wife and mom to four children ages 12, 10, 8 and 6, Yoon loves the dynamics and relationship between them. For example, her oldest went away for a youth group retreat, and the others missed him so much, they cried. Yoon was moved by the degree to which her children relied on one another and valued their time together as a family.

In addition to nurturing her close-knit family, Yoon says they love to entertain and take family vacations. She is also very actively involved in her church and is a board member at the Stamford Symphony.

Guest contributed by Rae Steinbach

More than ever, the importance of finding and maintaining a healthy work-life balance is being talked about.

However, at times the somewhat elusive goal of perfect equilibrium between our work and personal lives can seem to be unobtainable, especially in a world where we are constantly connected and always available via various forms of technology.

This availability and connection can obscure the line between work and play. Are you working when you check your emails over a morning coffee before making your way to the office? Is attending to personal needs during work hours your prerogative?

These days, delineating where work ends and your personal life begins is even more difficult. However, you can also leverage the transforming expectations and more easily integrate work with life, and vice-versa. Instead of being concerned with how taking a midday break to go to a workout class will affect your performance appraisal, be more comfortable in embracing how this is important in maintaining work-life harmony and stay later at work that day if necessary.

Explore What Harmony Looks Like

According to some experts, achieving a balance between work and the rest of your life has little to do with an equal distribution of your time. Rather, it is about prioritizing achievement and enjoyment each day. Instead of treating your job as a strictly metered necessity to pay for the other elements of your existence, try aiming for harmony. This means working more when needed to achieve business goals, and switching focus and energy to yourself and family when necessary.

Many of us are already taking this tactic to reduce stress and get more out of each day. A recent survey by Randstad found that around half of us deal with personal matters during work hours and work responsibilities in our personal time. Furthermore, more businesses are happy for their workers to do this, as long as the work gets done.

By allowing for the fluidity of life, we are able to find a more harmonious flow to our day that is also a benefit to the company. For example, prioritizing a morning exercise class can keep our minds sharper in the office, and attending to emails in the evening once our house is quiet ensures we are ready for the next day’s priorities.

The Ideal Life

Thanks to social media platforms like Facebook and Instagram, it’s easy to think that almost everyone you know is living the dream. The truth is, most of us present our best side to the world and the less attractive parts of our existence are glossed over or completely left out.

While many of us curate the content we expose about our lives, research has found that more than 75% of people on social media lie about their lives. It is helpful to keep in mind that the carefully curated images and updates from others’ lives leads to negative self-comparison, and the extent of social media interaction can undermine our meaningful, real-life experiences.

To avoid the negative impact of aiming for perfect balance in our lives and competing with misleading social media updates, it is important to focus on the important things: creating harmony between our work and personal lives, making time for fun, achieving our goals, and acknowledging that the rhythm of our lives has little to do with the lives you are viewing through the filtered lens of social media.

Don’t get hung-up on a perfect work-life balance. Instead, dance to your own tune of work-life harmony. Integrating the two creates a healthier coexistence that will let you thrive more easily in both aspects of your life.

Disclaimer: The opinions and views of guest contributors are not necessarily those of theglasshammer.com

Professional-networking-advice featured

Guest contributed by Avery Philips

Before you step foot in any networking event, it’s best to have some questions prepared to avoid those awkward moments of silence.

Ask these questions the next time you’re at a networking event to secure connections:

  • How did you hear about this event?
  • What’s your favorite thing about your job?
  • Have you always wanted to work in this field?
  • How can I help you?

These kinds of questions show your interest in the other person and allow for longer conversations. You can also learn something new and discover the kind of connections they have with other people. Finally, by offering your services to prospective business connections, they may offer their services in return.

Utilize Alumni Networks

As it turns out, a college education can provide a lot more than a degree and student debt. Alumni associations like Arizona State’s offer a wide variety of networking resources to help you advance in your career. Here’s are some best practices for alumni networking you can do:

  • Attend events that are open to alumni. Use these get-togethers to form in-person connections that can result in lasting relationships.
  • Volunteer at your alumni association. Getting involved shows your overall interest and your willingness to put in the effort to take advantage of these resources. It will also get you into contact with like-minded individuals who will remember you when opportunities arise.
  • When you get in touch, stay in touch. Plan coffee and lunch meetups to keep you fresh in business professionals’ minds. Don’t forget to email them as well and see what’s new with them.
Explore Other Networking Groups

Although the college you graduated from offers a wealth of networking resources, there are plenty of other networking outlets at your disposal. That way, networking can work for you instead of the other way around. Here are a few you should look into:

  • General Networking: There are many conferences all over that allow a variety of people to come together and network. Even if someone isn’t in your field, you can find different opportunities and new paths to take by networking with different kinds of people.
  • Seminars: Accomplish two things by signing up for a seminar. Not only will you get to learn new things, you’ll also be able to network with speakers and attendees. You never networkingknow who will come to these events, so it’s best to be observant and to talk to as many people as you can.
  • Social Media: Almost everyone is on social media, and they’re only one direct message away. Look for business professionals you think would be instrumental in your career and comment on their posts. Ask them questions about themselves and how they became successful. More likely than not, they’ll be more than happy to tell you.

Networking is a must if you want to be successful in your career. Who you know can be just as important as how well you do your job. By following these tips, your networking skills will be as stellar as your job performance, opening the doors to many job opportunities for you.

Disclaimer: The opinions and views of guest contributors are not necessarily those of theglasshammer.com

Yin Seo

By Cathie Ericson

Work is much different than school, Yin Seo realized early on.

“At school, everything is laid out and you know the success metric you are working toward, but in the professional world, there’s no answer key,” she says. “Everything you are doing is brand new and something that no one else has done, so what separates good employees from exceptional employees is that the exceptional ones are able to decide for themselves what is best for the team and the organization. You will never be given an assignment where someone else knows the answers.”

Advancing New Ways of Working

Seo started as a software automation engineer right out of UCLA but transitioned from coding to a subject matter expert role, where she worked more closely with clients. Soon she was overseeing an entire development team as well as the designers for a software division, which she found to be her true calling — managing the project development life cycle. There she made several impactful changes, including transitioning the development process to a “scrum” format, which she found to be superior as a way to emphasize the team mentality while implementing quicker turnarounds.

She remains passionate about project and product management and has since become certified as a Scrum Master and Project Management Professional. While the “agile” way of doing things has been successful for some time with software companies, it is moving into other industries as a best practice, validating that the technique will work for any type of project management.

She then moved to Laserfiche, a leading global provider of enterprise content management software, where she has spent the past seven months as a technical product manager, learning a new industry and new software.

Currently Seo oversees two teams working on advancing the company’s business process automation product suite. “My teams have been working really hard, and it’s exciting to see the fruits of their labor,” she says, adding that as a product manager, the most important aspect is making sure that what they’re building delivers value to customers.

One major accomplishment she has already achieved was being asked to give the keynote address at the annual Laserfiche Empower Conference, attended by more than 3,000 people. She had only been with the company for less than three months when she was invited to speak, which was a huge vote of confidence, but the other reason the accomplishment feels so significant is because previously she had been terrified to speak in public. “This was validation that I had moved out of my comfort zone to where I could handle it,” she says.

Using Strengths to Navigate Challenges

While there is a well-known dearth of women in software development, Seo sees that a major barrier for women to succeed lies in confidence. She believes that when young women see those numbers, they start to create a narrative about why there is a lack of women, which can create doubts: Are we not good enough? Is it too hard?

She urges young women to look past the statistics. “We want to be judged by our work, based on merit, and so we need to do the same for ourselves. We need to help the numbers grow, but not let them define us.”

And, she also reminds professionals at every level that they have to keep growing their skills. “If you are not improving, then you are technically losing ground since everyone else is focused on getting better.” As she points out, these skills might not always tie directly to your career; for example, for her it was improving her public speaking acumen.

An avid rock climber, Seo sees the sport as a perfect metaphor for the tech industry and pursuing goals. In rock climbing, climbers refer to every route as a “problem,” each with a grade, and as you get more experienced and stronger you can conquer higher grades – just as in business. “I’ve been learning that a lot of success comes from technique, and every problem has different solutions that you can solve in different ways,” she says.

Rock climbing also comes with its own set of stereotypes; for example that you have to be tall and have significant upper body strength, but Seo has found that you don’t have to be a certain body type to climb well. “My husband and I climb together, and he’s a little better, but there are some problems I can solve that he can’t. I am shorter but have less weight to pull up and am more flexible so you always have to use your strengths to your advantage.”
Just like in the business world.

Guest contributed by Lisa Levey

Most millennials, particularly those that are highly educated, see an egalitarian marriage as the ideal.

Yet despite improvements, a clear divide persists in how women and men perceive – and experience – gender equality.

Men are far more optimistic about progress for women in the workplace and both genders don’t see eye-to-eye regarding what the other contributes to the care of the home and family. A 2017 study across eight countries found men were more likely to perceive housework and childcare as equally shared and both genders saw themselves, not their partners, as the ones scaling back on their careers after becoming a parent.

This blog shares hidden truths, based on extensive research and personal experience, about what does help to make gender equality not just an aspiration, but a reality, or far more of one.

Understanding the cycle of inequality:

It’s difficult for couples to appreciate, before children, the powerful forces that drive ambitious women and men, professional equals, to devolve into gendered norms after becoming parents. The story often goes something like this:

A child joins the family. Dad takes little time away from work, feeling the intensity of professional demands and the fear that prioritizing family will jeopardize future career prospects. While on parental leave, mom becomes the undisputed parent expert, owing to her daily immersion caring for their child. When mom returns to work, she becomes the flexible parent, typically by default. If like most new fathers, dad works more hours than before children, feeling the familiar professional pressures heightened by a powerful awareness of his provider role, one society continues to place disproportionately on his shoulders.

Dad continues his career climb, feeling an increased drive to maximize his income and professional potential. Meanwhile mom struggles mightily to combine her former professional life with motherhood. At work her inability to be all in, given her role as the primary parent, leads to misguided beliefs about her professional commitment and leadership potential. She feels disoriented and angry. She wonders why her life as a mother bears little resemblance to before, while her husband’s, pre versus post-child, seems little changed.

Understanding how parenthood comes to be the death knell of gender equality for so many couples with egalitarian intentions, puts couples in the driver’s seat, enabling them to navigate the challenges and make choices that keep them firmly on the gender equality path.

Cultivating a partnership mentality:

As couples feel the egalitarian ideal they highly value slipping away, it becomes natural to channel their anger and frustration at one another. A far better solution is for them to instead spend their precious energy to collectively identify, and employ, the levers of change they can influence such as simultaneously adapting work schedules to enable greater sharing at home and considering the tradeoffs involved with buying a bigger house.

Egalitarian couples come to see their partner on the same team rather than as the problem. Anchored by a shared perspective, possibilities open up as couples work together to navigate the real problems – the rampant attitudes, policies, and practices – that keep women and men from what they deeply desire: to be both successful, committed professionals and involved parents.

Planning ahead:

So often couples talk in broad strokes, with few specifics about having children, often underestimating the impact on many aspects of life – work, marriage, finances, and time. What helps is getting clarity on what’s most important for each person individually, and collectively as a couple, in this next phase of life.

Beginning with the question – What will it look like to nurture two professional careers once we become parents? – helps couples to create a joint work-life vision for their growing family. Discussing questions like those below enables couples to start imagining and planning how the first phase, of parenting pre-school children, could work.

  • How much child care feels comfortable?
  • How will we manage child care when the normal routine breaks down?
  • What will stay the same – and what will need to change – in how we manage our professional lives?
  • How will we ensure that the work-life model we’ve put into place is working?

These discussions help create a compass that guides decision making as couples confront the inevitable complexities, choices and tradeoffs required of dual-career parents. The goal is not to have all the answers but rather to begin a conversation, one that will stretch over decades, about how to put the puzzle pieces of their lives together in ways that seek to preserve the gender equality they value.

Prioritizing the couple relationship:

Becoming parents often leads to putting the couple relationship at the very bottom of the priority list. But women and men who seek a long-term, egalitarian relationship do so at their peril. The ongoing investment of time and attention is foundational in cementing the egalitarian mold for combining careers and caretaking.

What this means is the couple relationship needs to be on par with – if not more important than – either children or work. Egalitarian couples walk in each other’s shoes, intimately understanding all it takes to make the engine of work and family run. This sharing facilitates the depth of connection that helps relationships endure long beyond the child rearing years.

Supporting atypical gender norms:

Armed with the understanding that powerful norms reinforce traditional gender roles, egalitarian parents work pro-actively to counter them. That could mean: saving money well before a child is born or adopted, allowing dad to also take an extended parental leave or dad clarifying new boundaries at work, enabling him to more equally share the demands of being a caregiver,enabling his partner to keep investing in her career.

Supporting atypical norms could mean mom fighting her tendency to over manage at home, instead treating her husband as a true co-parent, or bringing down the pressure by relaxing her cleanliness standards, instead prioritizing time for connection and fun.

Realizing the power of modeling for your kids:

Confronting the challenges to gender equality in a world of gender inequality is easier when it becomes a parenting goal. In interviewing couples seeking to walk the egalitarian path, I heard them repeatedly describe how meaningful it felt to show their children that women and men can be amazing caretakers and ambitious professionals. Stopping to consider what messages their behaviors send to their children helps mothers and fathers to step back and readjust when inevitably, they veer off course from their egalitarian ideal.

Living within your means:

Money plays an outsized role in a couple’s ability to create an egalitarian partnership and it’s not just about the pay equity gap. Rather couples at their financial edge feel the need to maximize income, often leading to privileging the more lucrative job and through time widening the gap in importance and earnings between their two careers.

The problem with the more lucrative earner being seen as having the primary career is that it greatly reduces his, or her, ability to make choices, such as putting limits on excessive work demands or leaving a job that’s unhealthy or a poor fit. Creating an economic buffer allows couples to pivot as needed, all the while continuing to value both careers.

Though dual career couples are ubiquitous, egalitarian couples are not. The difference is both nuanced and profound. For couples who want equality to characterize their lives together as parents, it requires awareness and skill to write their own work-life script, because even in 2018 the egalitarian model of careers and kids remains the road far less travelled.

About the author

Lisa Levey is a veteran diversity consultant, working with leading organizations to assist them in realizing the underutilized leadership potential of women. Her current work focuses on engaging men as allies and partners. As a consultant, she led the design and development of the Forte Foundation’s Male Ally signature resource platform. She blogs for the Glass Hammer, the Huffington Post and the Good Men Project on gender issues.

Her award-winning book The Libra Solution spotlights the obstacles and enablers to gender equality for dual-career professionals raising children. Lisa and her husband Bryan, a technology executive, have been featured in Fast Company magazine and on ABC News with Charlie Gibson in stories about their egalitarian work-life approach. Their coaching practice Genderworks supports dual-career professional couples in laying a foundation for, and navigating the obstacles to, gender equality as parents. Lisa earned an MBA with highest honors from the Simmons School of Management and a BS with distinction from Cornell University in applied economics

By Nicki Gilmour, Organizational Psychologist and Executive Coach

What are you recognized and rewarded for?

How does what you are supposed to be doing and get paid for, stack up against the other stuff that just creeps in? Task creep as its known happens to most of us, but in excess it can stop you from optimally performing,make you tired and stop you from getting to your real work.

Think about what your job is supposed to be as defined by your boss, your year end review criteria and the job spec and then think all the other things that happen 9-5 beside the official stuff. Be a team player by all means but learn to recognize systemic dysfunction.

Make a list of what you do every day for a period of a week to see what is officially within your remit and what creeps in there. It might be illuminating to see how you are paid for driving the train but also at times asked to lay the track, clean the engine etc which is time consuming and often not conducive to your time management or skill set.

Contact nicki@glasshammer2.wpengine.com is you would like to hire an executive coach to help you navigate the path to optimal personal success at work.

Rajashree DattaBy Cathie Ericson

“Focus on the basics, the building blocks and the details when you are starting out because when it comes time for you to be heard, you will have a depth of knowledge to draw upon that will position you well,” recommends Goldman Sachs’ Rajashree Datta.

Achieving Success and Helping Others Do the Same

Datta joined Goldman Sachs after graduating from Amherst College in 2000. Her first position was in the Investment Banking Division, and in 2003 she moved to the Treasury Department. After gaining almost 14 years of experience in the Treasury Department, she recently transferred to the Risk Division, where she now serves as global head of Liquidity Risk. In this role, she is responsible for Goldman Sachs’ liquidity risk management and ensuring appropriate risk levels are established across the firm.

“One of the reasons I have stayed in the firm is that every year I have had the opportunity to do something new: could be a new area of focus, could be a new project, or could be working in a new division. Moving to the Risk Division just continues this theme of embracing new challenges and continuing to grow,” says Datta.

Reflecting upon her previous experiences at the firm, Datta cites the peak of the 2008 financial crisis as a crucial moment: “I learned a great deal in the liquidity space during the financial crisis.” In addition, she notes that this experience crystallized for her the importance of how senior managers engage with their teams during high-intensity periods. “I saw firsthand how senior individuals’ abilities to remain calm improved the clarity of thought and quality of execution of the whole organization,” she says.

She noted that this experience shaped her interactions with her team: “It’s so important to think through how you will manage and behave in a crisis or stressful situation, particularly because junior people will typically follow the actions of senior leaders.”

In addition to serving as a leader for her team, Datta has long served as a mentor to others, and takes great pride in their success. “It has been so impactful to see people on my team be named managing director, because you hope that you contributed a little bit to their success.”

Driving a Career Through Giving and Listening to Advice

Datta notes that over a long career you’ll be faced with both professional and personal challenges, and she recommends that the best way to conquer such issues is to find mentors and peers who can provide guidance.

“I relied on mentors’ and peers’ advice when I began to prepare for my maternity leave,” says Datta. “Being the recipient of others’ perspectives – who reminded me that they have done it before in varying circumstances and with varying strategies – assured me that I would be able to successfully take my maternity leave and return to the firm.” Datta went on to note, “The thoughtfulness of my colleagues during my leave and the support I received after I came back cemented for me how much the firm cared about my ability to seamlessly reenter the workplace.”

Detailed feedback from mentors has also been extremely useful, Datta notes. “You should listen to both positive and constructive feedback, which is a key pillar to developing your skillset. Solicit feedback, participate in tough conversations, and action on constructive comments,” she recommends.

One of the programs within Goldman Sachs that was particularly influential for Datta is the Women’s Career Strategies Initiative, designed for individuals at the associate level. When she participated, she was concerned about her ability to balance family and work. “The program was tailored for my level – allowing me to network with others across the firm – and helped me identify strategies that would help me to be better positioned in my career going forward.”

As a woman in business, she has found that there aren’t barriers so much as challenges, particularly with regard to managing work and home. “It’s an issue that can only be solved individually since there isn’t a master solution that works for everyone,” she says, adding that individuals must evaluate each day, focus on their priorities and what they can realistically accomplish, and ask for help as needed. She notes, “It’s ok to say sometimes that you do not have the capacity to take on an extra project.”

Datta tries to prioritize time with her son, noting: “I try to carve out certain times or events that I don’t compromise on easily. Some days are easier than others but I typically do okay over the course of a week.”

Asian

Image via Shutterstock

By Aimee Hansen

When it comes to Asian American women in business leadership, the steady storyline is often the professional, less likely the manager, and rarely the executive.

Asian Americans make up 6% of the US population, 12% of U.S. professionals, and yet only 5% of executives, leaving them “stuck in the middle”.

On Wall Street and in Silicon Valley, Asians comprise even higher percentages of professionals, but a much smaller percentage of senior executives. They make up 26.9% of professionals at Goldman Sachs but only 10.7% of senior executives, 23.1% of professionals at Citigroup Inc. but only 12.7% of executives, and 20.6% at JP Morgan but only 6.8% of executives.

Buck Gee, a retired Cisco Systems Inc. vice president and co-author of a new report from the nonprofit Ascend Leadership, said in Bloomberg: “We are the most successful minority.” But when the lens turns to C-suites and upper management, “we’re the least successful minority.”

It’s not an education problem or a hiring problem, or necessarily even a pipeline problem. It is, however, cultural – largely, a corporate cultural issue.

The corporate-defined stereotypes of leadership (masculine, aggressive) and the intersection of gender and racial stereotypes through which Asian American women are perceived play at least as big of a role as the instilled cultural norms that may keep Asians from advocating for themselves as leaders, while trusting in hard work being enough to bring results.

Companies are called to practice inclusivity: leadership development and demonstration that bridges (not falls through) the cultural gaps to get diverse talent into leadership roles.

Stereotypes and “Model Minority”

Due to high education, professional employment and income levels, strong entrepreneurism, and the “model minority” reputation, Asian Americans are often overlooked when it comes to encouraging diversity.

But Asian American women face both “positive” and “negative” stereotypes – that may lead to envy, resentment, dislike, or perceived lack of leadership qualification – and can hinder organizational advancement. They face the intersectional discrimination of “racialized-sexism” and “sexualized-racism.” Even the seemingly positive reputation of “model minority” is a skewed and distorted box that inhibits advancement when it comes to leadership. And, studies have shown “that Asian Americans, like other minority groups, are aware of and may even internalize the stereotypes attributed to them.”

According to a qualitative study published in the Global Journal of Human-Social Science that tracked 16 Asian female middle managers, Asian women reported that they “sometimes benefited from the positive associations of their Asian ethnicity with qualities such as intelligence and diligence, and sometimes they face the demerits of being Asians, that reinforce a view of them being passive and lacking in leadership skills.”

According to the research, the experiences of these women were “complex and conflicting.” Some participants reported that they were able to seize opportunities for self-actualization, personal empowerment, and career growth “by leveraging their Asian culture,” but others talked about a subtle cultural disconnect that created barriers to networking, as well as to conforming with the norms of American corporate culture.

Meanwhile, when it comes to executive ambition, Asian women are “more likely than white women to say that their goal is to reach the top of their profession.”

Missing at Executive and Middle-Management

“The Illusion of Asian Success” report focusing on the San Francisco Bay area tech companies, by the Ascend Foundation, found that despite being the biggest professional racial cohort across 2007–2015, Asians were the least likely to be promoted to manager or executive level.

“Asians are still the least upwardly mobile demographic to reach leadership positions in (San Francisco) Bay Area technology companies,” state the authors. “The widely-held notion of Asian executive success is largely an illusion.”

The report found that while they are “outnumbered by Asian men and women in the entry-level professional workforce, white men and women were twice as likely as Asians to become executives and held almost 3x the number of executive jobs.”

Ascend previously created the Executive Parity Index™ (EPI) – which “scores a company’s diversity in its executive workforce relative to its entry-level workforce.” The report found that between 2007 and 2015, white women went from 12% below parity to 17% above in 2015, but all racial and ethnic minorities remained below parity.

Asian women were especially unlikely to become Executives – going from 76% below (.24 EPI) executive parity in 2007 to 66% below (.34 EPI) in 2015. Meanwhile, Asian men went from 44% below parity to 38% below parity.

Ascend also introduced a new Management Parity Index™ (MPI) to look at mid-level management representation. Asian women had the lowest MPI of .54 in 2007 (45% below parity) and .69 (31% below parity) in 2015.

“Asians were the only minority group underrepresented in middle management,” the authors were surprised to find. “We conclude that Asians were not only the least likely to be executives in 2015, but also the least likely to become Executives in the near future.”

While the executive gender gap for Asian women is only 85% with Asian men, the racial gap is 246% with white women. As white women were promoted, race became the increasingly dominant limiting factor – going from twice as big as sex in 2007 to three times as big in 2015.

The report co-author Denise Peck, a former vice president at Cisco, stated “Minority women continue to bump against a double-paned glass ceiling. The data show that a general focus on developing women leaders has not addressed the distinct challenges for Asian, Black, or Hispanic women. This has been an unspoken truth in the minority community, and we hope that our report opens a long overdue dialogue.”

Companies Need to Build a Cultural Bridge

In the LA Times, writers Ramakrishnan and Lee note how a few highly visible tech leaders can create a false perception of Asian prominence among leadership: “while Asian Americans can get through Silicon Valley’s doors, they are unable to move up the ladders.”
The article asserts that Asian Americans are often perceived as having more hard skills (competence) and fewer soft skills (communication, collaboration), but that there is a gap in soft skill development and demonstration opportunities for Asian professionals.

In the 2016 National Asian American Survey, 68% of white employees indicated planning or chairing a meeting at work, while only 51% of Asian American employees had done so, despite an equal percentage (40%) indicating they served in a supervisor capacity.

Again, the gap grew among women, as Asian American women were “25 percentage points less likely to chair a meeting when compared with white women.” The LA Times writers state, “One obvious, simple and costless solution is for employers to make sure that everyone who’s qualified gets an opportunity to lead a business meeting.”

During Bloomberg’s “Walk the Talk” feature on why so many Asian Americans are absent from the C-Suite, Laura Colby said “many Asian executives who I talk to will themselves say that they credit a bit of their upbringing for them not being as aggressive perhaps as might be considered necessary to show that you want to advance in Corporate America.”

Colby emphasized, however, that companies have to be more inclusive to bridge exactly these cultural nuances: “There are some programs out there, but several of the people I spoke with said you really have to make a point of engaging all the groups in a corporation, not focus on a specific group, or blame people for their own lack of being able to climb the ladder when really it might be the ladder itself that is tilted and preventing them from getting where they want to get.”

Sometimes, it’s the ladder that is broken, or too narrow, or too weak, or too rigid, to allow change to climb as high as it needs to.

diversity

Image via Shutterstock

Guest contributed by Dr. Patti Fletcher

How can you make sure you’re valued and rewarded equitably with your male counterparts as you work your way up to the C-Suite?

Gender inequity in the workplace often begins subtly: women account for the majority of college graduates yet are hired at a slightly lower rate (48% for women versus 52% for men). But the pace of career and pay progression between men and women differs significantly after just a few years in the workforce. Men are 30% more likely to move into management, occupying 63% of manager level positions. As men move up the ladder, women’s progress stagnates—leading to an imbalance of power at the higher levels of business, with men holding 79% of C-suite positions. The pay gap follows a similar path; 63% of early career men earn more than their female peers. As women proceed to higher-level positions, the pay gap between them and their male peers grows at a significant rate with each rung in the corporate ladder.

The research paints a grim picture; but with an understanding about what’s at stake for women and the implications for companies that fail to recognize and reward their talent, women can use their personal power and grit to pave a path for themselves—and for the women who follow.

Beware the “Motherhood Penalty”

Lifetime salary and career progression are often determined during the woman’s thirties. This is when individual contributors start to enter the management ranks. Men receive the majority of promotions, giving them higher pay and greater access to new experiences, stretch projects, and people in positions of power and influence. Why? The common perception is that a woman’s priorities shift during this time—they go on maternity leave and then must balance raising a family and running the home with a full-time work schedule. Many people profess that women leave the workforce in significant numbers because it’s impossible for them to have it all at the same time. Nothing could be further from the truth.

Research shows is that only 11% of women who go on maternity leave do not return to work, or that women face demotion, few raises, and low performance ratings when they do return to work.

Often this is referred to as the motherhood penalty; women (with and without children) are punished for simply being in childbearing years. “There are long-term consequences to the Motherhood Penalty; pay increases are often based on salary history and opportunities for upward mobility require relationships with people in power and on strong track records,” says Dr. Gabby Burlacu, Human Capital Management Research and Solution Manager at SAP SuccessFactors.

Why business leaders are starting to pay attention to gender equity

With an unemployment rate of 4.1% and over six million open jobs yet to be filled, everyone from CEOs to hiring managers are struggling to acquire and retain top talent. It’s an applicant’s market—and leaders know it. “There is a recognition that workforce diversity is no longer a humanitarian or anti-white men topic. Without finding ways to attract and retain minority populations, business outcomes are at risk,” says Burlacu.

In addition, the economic imperative of promoting gender equity is a no-brainer. Women are 47% of the workforce, control 51% of personal wealth, make 90% of consumer purchase decisions, and reinvest 90% of their income back into the community in which they live. Further, if the women in the workforce today were paid on par with their male counterparts, $12 trillion dollars would be added to the global economy. Over the last 18 months, women have come together in a way not seen since the early days of the women’s movement. Through the scale and connectivity of social media, women can use their collective economic power to ban brands and avoid employers that have a bad record on gender equity.

How women can take charge of their own destiny

While the challenges women face throughout their careers are systemic and wrought by imbalances of power, many successful female executives have been able to achieve success on their own terms. You can transform barriers into strategies that lead to career advancement. Here are some key tips:

  1. Lead every sensitive conversation with the data that tells a story about the impact you’re making in achieving corporate objectives, making it easier for your boss to see the unconscious bias that may be clouding her/his decisions on your upward mobility versus your male peers.
  2. Don’t limit your skill building and career development to the programs your company offers. Enhance these opportunities by upskilling on technology and seeking out women who have gone before you who can share their insights with you.
  3. Be open and honest about your career aspirations with your manager and HR department so that they can help you navigate barriers obstructing your way.
  4. Keep advocating for yourself and be confident in the knowledge that you are in an applicant’s market. Take the advice Pat Milligan, who spearheads Mercer’s When Women Thrive research, sits on WEF steering committees, and has been recognized by the Kennedy Institute as one of the top 25 consultants in the U.S. As she says in DISRUPTERS: Success Strategies from Women Who Break the Mold “Trust me: the corporations need your talent way more than you need them. If you don’t get specific details on how you will be paid equally to men, on how your career will be supported with access to opportunities and people in power, move on to a company who will provide it.”

Dr. Patti Fletcher is a technology executive, gender equity advocate, and author of DISRUPTERS: Success Strategies from Women Who Break the Mold.

Disclaimer: The opinions and views of guest contributors are not necessarily those of theglasshammer.com

By Nicki Gilmour, Executive Coach and Organizational Psychologist

Think about how all business leaders tend to have an “arc” to their story.

What is your arc? How does the tasks you do, and the projects completed, add up to a narrative for your career?

Contact nicki@theglasshammer.com is you would like to hire an executive coach to help you navigate the path to optimal personal success at work.