Beyond Pride Month: LGBTQ+ Inclusion Is About Every Single Day

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LGBTQ+ InclusionLGBTQ+ is a form of invisible diversity that is both growing and significantly changing, especially among younger generations. Yet, many LGBTQ+ employees continue to report a lack of real inclusion and safety in the workplace.

During Pride Month, let’s remember why valuing LGBTQ+ employees is not just about a month of celebration, adapted logos and rainbow flags – but about a deep commitment to building LGBTQ+ inclusive and safe workplaces that allow all individuals to contribute and thrive every single day.

Underrepresentation for LGBTQ+ From Entry to Leadership

According to Gallup in 2021, 7.1% of the U.S. identifies as LGBTQ+ (doubling since 2012) and 21% of Gen Z do (twice the proportion of millennials). LGBTQ+ identification is increasing across major racial and ethnic groups – giving rise to more diverse, intersectional identities.

Yet under-representation in the workplace for LGBTQ+ groups begins at entry level. McKinsey found that LGBTQ+ women are underrepresented by more than half, even at entry level. Meanwhile at the top, only .5% of the board seats in the Fortune 500 are held by openly LGBTQ+ directors and only a few Fortune 500 CEOs are openly gay, including one woman. One transgender woman leads a Fortune 1000 company. The lack of visible LGBTQ+ executive leadership limits visible role models for younger talent.

LGBTQ+ men (80%) are more likely to be out than LGBTQ+ women (58%). Senior LGBTQ+ leaders (80%) are more out than junior employees (32%), even though their peers are more accepting and demand inclusivity in the workplace.

Globally, the World Economic Forum is advocating for LGBTQ+ visibilty: more LGBTQ+ representation in business and media that tells more diverse and inclusive stories of LGBTQ+ individuals, to advance both equality and acceptance. LGBTQ+ community members report feeling least authentically represented in media depictions. And while 63% of non-LGBTQ+ people perceive the “community” as one collective group with similar needs, the reality of a changing LGBTQ+ culture has never been further away.

While LGBTQ+ acceptance has grown globally since 1981, an unprecedented number of anti-LGBTQ+ bills are proposed in U.S. state legislatures, 71 countries still criminalize consensual same-sex sexual activity, 15 countries criminalize the gender identity and/or expression of transgender people and 11 countries deem consensual same-sex relations punishable by death.

LGBTQ+ Experiences In the Workplace

A LinkedIn survey of LBGTQ professionals found 24% were not open about their identity at work and 26% feared they’d be treated differently by coworkers, echoing McKinsey’s findings that one in four LGBTQ+ employees are not out at work.

McKinsey research found that half of out LGBTQ+ individuals have to come out at least once a week: especially challenging for women, junior employees, and people outside Europe and North America. BCG found 40% of U.S. LGBTQ employees are closeted at work and that 75% have experienced negative day-to-day workplace interactions related to their identity.

Yet being out has helped many to access more of their potential. According to LinkedIn, LGBTQ+ individuals report being open at work helps them connect with others for support and build better relationships. According to McKinsey, individuals experience greater well-being and are more able to focus on work. Those who are out are far less likely to plan to leave their current employer. But in absence of strong cultures of inclusion, many are deterred or facing headwinds.

According to CIPD research on LGBTQ+ inclusion, LGB+ employees (40%) and trans employees (55%) experience more workplace conflict and harassment than heterosexual employees (29%) and feel less psychological safety. LinkedIn found 31% reported facing discrimination or microaggressions at work.

Williams Institute at UCLA School of Law also found that nearly half (46%) of LGBT workers have experienced unfair treatment at work, such as harassment, dismissal or hiring discrimination based on their LGBT status. Nearly one-fourth have experienced discrimination when applying for jobs, and even more so for transgender workers.

67% of LGBT workers have heard slurs, jokes and negative comments about LGBT people. Half are not out to their supervisors. While 40% of LGBT cis-gender employees are likely to adopt behaviors to “cover,” nearly 60% of transgender employees are. Trans individuals are twice as likely to hear sexist jokes about people of their gender, three times more likely to feel they can’t talk about life outside of work, and think more often about leaving.

When it comes to advancing, McKinsey reports that many LGBTQ+ employees believe they have to outperform non-LGBTQ+ colleagues to gain recognition and 40% of LGBTQ+ women feel they need to provide extra evidence of their competence. Compared to 2/3 of non-LGBTQ+ employees, only half of LGBTQ+ respondents saw people like themselves in management positions at their organizations. Less than 1 in 4 of have an LGBTQ+ sponsor, even though senior LGBTQ+ leaders are twice as likely as straight and cis-gender peers to credit sponsors for their own career growth.

LGBTQ+ employees earn 90% on every $1 and transgender employees make 32% less per year than their cisgender peers. 1 in 3 LGBTQ+ U.S. employees feel discrimination has impacted their promotion or salary levels.

And a study published in the Journal of Business and Psychology found that leaders with same-sex sexual orientation are perceived to be less effective and receive less follower conformity than heterosexual leaders, regardless of gender presentation or biological gender, especially among male followers (women followers were more supportive). The researchers note that extra care must be taken to ensure same-sex sexual orientation leaders are evaluated fairly in performance reviews.

The Remote Workplace Has Mixed Impacts on LGBTQ+ Inclusion

In a global study, McKinsey found that LGBTQ+ employees in the remote workplace were 1.4 times more likely (twice as likely in Asia) than straight and cis-gender peers to report acute challenges with workload increase and fair performance reviews. They struggled more from a loss of workplace connectivity and belonging. Two of three LGBTQ+ employees reported acute or moderate challenges with mental health. Additionally, a survey of remote workers in tech reported that online harassment and hostility went up for LGBTQ workers during the pandemic.

McKinsey researchers noted: “The allyship found in social and work settings is an important source of belonging among many in the LBGTQ+ community.”

On the other hand, some LGBTQ+ employees found remote work to be a ‘game changer for inclusion.’ With remote work, employees can remain in a place where they have a supportive community and work for an employer in a different location. Some find the remote office reduces the pressure of office interactions and helps avoid appearance-based comments. It also makes it straight-forward to introduce pronouns.

The Cost for Lacking LGBTQ+ Inclusion

It’s been estimated that the US economy could save $9 billion annually if organizations had more effective inclusion policies for LGBTQ+ employees.

A recent argument in Forbes demonstrated that a lack of LGBTQ+ inclusion is costing companies. If an LGBTQ+ employee – either out or closeted – spends even 15 minutes of their day either explaining or evading uncomfortable situations related to their identity, it amounts to 65 hours a year, or over $1500 per LGBTQ+ employee based on median income, to compensate for a workplace that isn’t LGBTQ+ inclusive: which sums to a quarter million for a company with 10,000 employees or $2 billion for U.S. employers, annually.

“Add it all up, and employers are wasting a huge amount of money by not creating spaces where LGBTQ+ folks can bring their whole selves to work, do their jobs and be successful,” writes Michael Bach.

Meanwhile, many studies confirm that when employees are within a genuinely inclusive organizational culture, it benefits individuals, teams, organizations and the bottom line.

LGBTQ+ Inclusion Is a Cultural Commitment

While Pride Month is a celebration that lasts for a month, a LGBTQ+ employee needs to feel included – and protected from homophobia and transphobia – every day, and regardless if they choose to share their identity in the workplace. Because LGBTQ+ individuals are less visible than other underrepresented groups, organizations must go the extra mile.

Inclusion is not performative but about mitigating biases, creating authentic belonging, valuing LGBTQ+ voices and providing equal opportunity to contribute and fulfill potential. When it comes to LGBTQ+ inclusion, dedicated corporations advocate for legislative change and oppose legislative discrimination.

At a DEI commitment level, LGBTQ+ inclusion must be a specific priority and companies must seek to understand how individuals who are LGBTQ+ experience the office differently to other groups. It means visible leadership commitment to inclusion and leadership representation, and activating sponsorship of LGBTQ+ talent.

At an advocacy level, it means leveraging the corporate voice to oppose discriminatory legislation that targets the LGBTQ+ community and even leading the charge as powerful allies on LGBTQ+ rights.

At a policy and processes level, inclusion means making sure policies are LGBTQ+ inclusive such as domestic-partner benefit and trans-inclusive healthcare coverage as well as clear about non-discrimination on gender, gender identity, and sexual orientation regardless of whether employees are “out”; mitigating assumptions and bias in hiring, reviews, pay and promotions; adapting technological interfaces to be inclusive (such as freedom to input chosen names in data fields); providing gender-neutral restrooms; and protecting employees from bullying whether in-office or online.

At the level of everyday cultural interactions, it means cultivating compassion and awareness among employees; using inclusive and gender-neutral language in the workplace; actively encouraging allyship, empowering better allyship and making allyship visible; investing in LGBTQ+ networks and rewarding contributions; setting aside safe spaces for voices to come forth; normalizing the adding of pronouns on LinkedIn and social media profiles; recognizing that identifies are fluent and complex and letting people tell you how they identify on their terms; celebrating LGBTQ+ calendar events and days; and most of all creating a culture of learning, openness and psychological safety.

It’s the organizations and leaders that champion not a month, but a sustained and iterative commitment to LGBTQ+ inclusion, that will make a real difference to LGBTQ+ lives.

By Aimee Hansen

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A Matter of Pride: Words on Embracing Your Difference

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matter of prideAs part of celebrating Pride Month, The Glass Hammer features inspiring and empowering words on embracing wholeness, diversity and celebrating your difference – no matter what it is – from proud leaders from the LGBTQ+ community we have interviewed over the last five years. 

We re-share them in the spirit they inspire you to embrace your own uniqueness and difference, and celebrate those of others.

On finding both magnetism and internal strength in your difference.

“One of the things now running through my veins is the knowing that what makes me connect with people is the ways in which we are similar, what intrigues and draws me to people is the ways in which we are different.”

“I found a different lease on my otherness. I can’t chase everybody’s projection of me, but the more I recognize the uniqueness of my own experience, the more I feel I have to offer.”

Words from: Elena Kim: VP Business Development, TV/OTT at Global Music Rights

On recognizing diversity as a catalyst to growth and adding value.

“Any difference you think you may have is not a shortcoming. It’s always your springboard. You have to embrace that diverse part of you, because it’s only through diversity that we thrive.”

“Bring your difference to the table because that is what really adds value to an organization, to a meeting, to a friendship, to anything. That diverse point of view is what makes everything grow.”

Words From: Valeria Vitola: Managing Director, Anti-Money Laundering Region Head – Latin America (Except Mexico), Citibank

On why being yourself liberates you.

“Even if it did affect my career in some way, I don’t care. I’ll never know. I don’t care, because I feel like being out has made me more productive, more creative, more content than I could have imagined back then.” (on being the first out lesbian on the trading floor)

Words From: Erika Karp: Chief Impact Officer, Pathstone

“You often hear the phrase ‘bring your whole self to work,’ which underscores the concept that authenticity frees up discretionary energy, enabling you to engage more powerfully. For those in the LBGT+ community who are in the closet at work, it’s not simply that they are choosing to leave behind certain discretionary aspects of their lives, but rather they are actively hiding this very elemental aspect of their personhood.”

Words From: Corinne Heyes, HR Director for the Americas at Barclays

On why realizing your full potential requires your authentic self.

“Now this was 20 years ago, and times were different, but I hid who I was. I changed my image, tried to behave and walk differently, and it destroyed my career. I was trying to be someone I wasn’t, and I wasn’t authentic to myself or to the world around me. If I could do it over again, I would have behaved differently, even though it would have dissolved my access to income at the time. Trying to hide who I was made it impossible to be great. I couldn’t be my best without being my full self.” (in her experience as a former professional athlete)

Words From: Natalie Tucker: Head of Strategy & Operations, Radioligand Therapy

On finding a culture where you can thrive in your difference.

“I bring to the table my lived and learned experience as a woman, a lesbian woman, a Hispanic woman. The things that kept me quiet in the room before are the things making me speak the loudest in the Diversity, Equity & Inclusion space.”

“Go somewhere where you can be yourself. I’m very passionate in my delivery and it’s part of my culture. Making sure I’m in an environment where that doesn’t have to be shut off is important. Look for environments that are ready to receive you, because that’s where you’ll be your most productive, innovative, creative and strategic.”

Words from: Noelle Ramirez: Project Manager, Diversity, Equity & Inclusion, PGIM (career update: VP, Morgan Stanley)

On sharing your authentic self as the foundation of trust-building.

“Sharing our personal lives helps us be a more cohesive team. When pressure and deadlines come, you can get through those rough times better when you have established a high level of trust.”

Words From: Terry Albarella, Vice President, Enterprise Architecture, Prudential Financial (career update: Senior Manager, IT Operations, Relativity)

On not boxing yourself out of opportunities based on expectations.

“Diversity is an asset and a valuable contribution to a large organization such as Goldman Sachs. Junior women should not be swayed by misconceptions that the financial services industry is searching for ‘cookie-cutter’ candidates – it’s important to be yourself because everyone brings something new and different to the table.”

Words From: Michelle Nyberg, Vice President, Services Division, Goldman Sachs (career update: Executive Director, General Manager of Corporate & Workplace Solutions + ESG liaison, Goldman Sachs Australia)

On challenging stereotypes and being a visible inspiration to others.

“It can be hard to find your confidence when you’re not being your true self. I often having people saying that I don’t look gay, and for me that’s an invitation to break the barriers down on a daily basis so we can treat everyone as equals.”

Words From: Laura Raymond, Vice President and Business Development Officer, Wells Fargo Commercial Banking

“When you are open and visible about who you are, others who may be struggling can see that and say ‘She’s doing it and seems to be ok, and maybe I will too.’ Even if you never interact with them, you can be a lighthouse that offers that level of comfort…The most important thing you can do is be yourself; in fact you can’t be successful without it.”

Words From: Francesca Harris, Business Development Manager, PwC UK

“You get a different perspective from unusual backgrounds and combinations of influences. It’s eye-opening for so many people and paves the way for them to be themselves.”

“Having a lesbian woman in the highest position changes the perspective on everything, and I appreciate that I can be a role model for women, lesbians and anyone who’s different from the stereotypes people have in their heads.”

Words from: Liesbeth Botha, Strategic Digital Transformation Leader at PwC Africa (career update: Chief Digital Officer, PwC Africa)

On going beyond your difference to rise into allyship for others.

“ln my attempts to make sure I kept my job and kept growing in the way I wanted to, did I do enough speaking out on behalf of others around me? Did I do enough ally work? I think the answer, probably up until recently, is ‘no.’” (on her rising commitment to allyship for others)

Words From: Caroline Samponaro: Head of Transit & Micromobility Policy, Lyft

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5 Ways To Become a Better LGBTQ+ Ally

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LGBTQ+ allyBeing an LGBTQ+ ally is being an advocate for, and active participant in, building cultural inclusion.

According to Fast Company, “Allyship refers to everyday acts which challenge behavioral norms and support members of marginalized groups through an awareness of the issues being faced by others.”

A team of professors in Harvard Business Review view “allyship” as: “a strategic mechanism used by individuals to become collaborators, accomplices, and coconspirators who fight injustice and promote equity in the workplace through supportive personal relationships and public acts of sponsorship and advocacy. Allies endeavor to drive systemic improvements to workplace policies, practices, and culture.”

Here are five ways to be an accomplice in creating cultural inclusion:

1. Cultivate Awareness and Empathy.

A lot of advice for being a better ally focuses on self-education. But what is the objective of that? Cultivating awareness and empathy.

A prerequisite of support is cultivating awareness of realities and painful disadvantages that you do not have direct experience of: becoming aware of the bias and discrimination and understanding why it causes harm. The absence of having to experience that reality is what we call ‘privilege’.

Allyship requires a willingness to open your eyes and place yourself in another’s shoes as they tell you how that experience exists for them through their eyes.

In their March 2020 survey of 2,000 LGBTQ+ employees and 2,000 straight employees, in partnership with NYC LGBT Community Center, Boston Consulting Group (BCG) found an interesting insight.

Natural allyship is on the rise, because the separation between young LGBTQ people and their straight peers is more narrow. Compared to their older counterparts, straight employees under 35 are 1.6 times more likely to know LGBTQ colleagues, 3.6 times more likely to join ally programs and 3 times more likely to find value in colleagues being ‘out’.

The younger the employee group, the greater the awareness of discrimination. For example, only one-fourth of straight 55-64 year olds witnessed any discrimination in the past year, compared to 57% of their LGBTQ+ peers. But 85% of straight 18-24 year olds witnessed it, much closer to the 91% of LGBTQ+ who also did.

That change reflects a much smaller gap and increased sensitivity in the ability to see certain behaviors as harmful to certain groups, even if you do not belong to the group.

By expanding your exposure to the stories of others, whether through personal connection, documentaries, books or following LGBTQ+ leaders and media, you increase your awareness of the nuances of discrimination and build empathy. Start here: Are you aware of the common microaggressions that LGBTQ+ people experience?

2. Recognize Identity As Personally Defined and Fluid.

As theglasshammer covered recently, social identity is increasingly becoming more personal, intersectional, fluid and multiple. But more than anything, identity is increasingly self-identified. The myriad range of LGBTQ+ experiences are far from universal.

It’s important to realize that language matters, and not make assumptions about the identity or orientation of another person or about what that belonging means for them.

By allowing others to tell you about themselves through their voice, rather than make assumptions, you remain curious and allow others to find their authenticity. An inside-out connection that begins with the internal connection with self, and interacting with others and the world from the space of that inner truthfulness, is the basis of authenticity.

Being conscious of your own language helps to avoid making assumptions, such as using gender-neutral terms like ‘partner’. Honoring a person’s self-identity includes observing the personal pronouns that people choose for themselves and normalizing that choice.

Certain short-cut assumptions are well-conditioned in our brains, so it takes effort to not make those automatic leaps. But when it comes to another person’s life, it’s far more connective to show up by listening to them before you assert assumptions about who they are.

3. Embrace The Growth in Discomfort.

“Allyship is not knowing it all and never making mistakes. That’s impossible,” writes Freddy McConnell, host of Pride & Joy BBC podcast. “It’s putting in the effort and not expecting trophies.”

Allyship requires vulnerability, because you’re going to be clumsy at times. As McConnell writes: “When my friend came out to me as nonbinary, I practised their pronouns in private. Being trans does not imbue me with a special gift for unlearning familiar speech patterns.”

It’s not about getting it right or wrong, but about being open to learning. Before we challenge any unconscious bias, stereotypes or assumptions in the culture around us, we often foremost come to confront the existence of them within ourselves, even as part of the LGBTQ+ community.

Often the roots of rejection (of others and self-rejection) are shame-based beliefs and conditioning. Evolving involves unlearning that cultural conditioning, including the habit to shame ourselves if we get it wrong.

A willingness to be wrong, admit when you’re wrong, own your mistake and be receptive to guidance is what is valuable to a growth mindset and to keeping the focus on your intention of better allyship.

“Allyship is actually more about the mistakes than the things that you do right,” says human rights advocate Maybe Burke, who conducts allyship training on behalf of the Transgender Training Institute. “It’s about how you deal with those mistakes and move forward.”

4. Treat Ally as a Verb.

As suggested in a University College London (UCL) blog: “Think of ‘ally’ as an action rather than a label.” Being an ally is not about whether you consider yourself as an ally, but how you show up in support consistently.

In their research, BCG found that only 34% of straight employees always intervene when they see an encounter. As written in HBR: “When you witness discrimination, don’t approach the victim later to offer sympathy. Give him or her your support in the moment.”

Remaining silent is a comfortable form of passive collusion—it assures that heteronormative assumptions and microaggressions remain invisible, insidious and unchallenged within the fabric of an organizational culture, and puts the emotional burden on LGBTQ+ people to be the only ones calling out these behaviors. It also makes it more vulnerable for them to do so.

Are you willing to speak up when you hear something that feels wrong or discriminatory or does not sit well, inside of your heart? And will you be that voice in the room, even when the LGBTQ+ person may not be in it? Are you being an ally (verbing it) in the moment it’s called for?

5. Uplift LGBTQ+ Voices.

Ultimately, allyship embraces an interdependent lens: a culture is not really working for anybody if it’s not welcoming and nutritive for everybody. An organizational culture needs to be a win-win for all employees on all levels to be maximally effective.

That’s why performative allyship is dangerous—it comes from a place of ego protection, does not integrate win-win and keeps the focus on the appearance of allyship (the guise of doing good) rather than fundamentally being aligned to real organizational change for everyone’s good.

Performative allyship fears losing its position or does not really embrace the point.

Speaking up as an ally is not about speaking over, but raising everyone’s voice. Be willing to ask how you can support your LGBTQ+ colleagues in the way that is most meaningful for them.

While your voice will be needed as an ally, your success will be evidenced in the greater space for marginalized LGBTQ+ voices at the center, not the edges, of the organizational conversation—down to the small and casual daily interactions that form relationships and culture.

(If you are a leader who wants to develop your skills as an inclusive leader to leverage diversity and truly understand the topic as a strategic capability, work with Nicki Gilmour on this topic as she coaches male and female leaders and managers who are growing their skills and evolving their behaviors to lead the current and future top talent of their firms. For an exploratory call, please book a session here.)

By Aimee Hansen

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OP-Ed: It’s Never Too Late To Be Your Whole Self

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whole selfWhat can companies and their leaders do to empower each employee to be their whole self? Lori McEvoy, Managing Director and Global Head of Distribution at Jennison Associates, shares what she’s learned over a 30-year career in asset management.

When I started my career in the late 1980s, I could not reveal I was gay (now recognized as lesbian). I knew there were others like me, but they were all closeted, especially some very experienced professionals. My uncle and his long-time companion were gay and, as senior leaders of a major insurance company, they were closeted. They knew they could be legitimately fired for their sexual orientation. They brought women to social and corporate events, lived at separate addresses, and never publicly acknowledged their life together. It was a time when few gay people were open. Even today, just 2% of baby boomers self-identify as LGBT, compared to 16% for Generation Z. When your livelihood and reputation are at stake, you do not say certain things, you stay private and keep your personal life separate from the corporate environment.

That was the example I witnessed growing up. Sexuality was never discussed in my household, and my father was unable to say the obvious truth that his oldest brother was gay. I knew how painful it would be for his daughter to admit the same thing, so I hid my identity from my family for many years. Rather, I believed my personal contributions, scholastic and athletic achievements, and career, would determine my worth. I wanted others to recognize my work ethic and production, not my orientation—especially back then.

Integrating personal and work lives

I met Kathi in 1988 and she quickly became my partner in life. I’m so grateful for our relationship and I’m not sure where I would be without her by my side. We have been a family for more than 30 years. I tell her all the time—borrowing one of the best lines from Jerry Maguire—“You complete me.” We share the same values—we both put family first and share the same foundation of hard work, honest communication, dedication and faith, and we do whatever it takes for us to continue to be close.

It was not easy to come out about our relationship. Both of our families were not accepting, and the last thing we ever wanted was for them to be ashamed of us. We both had attended Catholic grammar school, high school and college. Our inability to reconcile our commitment to each other and our faith with our religious upbringing was devastating.

At work, I was private about my relationship with Kathi. Putting up her picture in my office, which no one else would think twice about, felt like a big deal. Instead, I displayed pictures of my immediate family. If my colleagues knew about my private life, they never spoke about it. Business events typically allowed spouses, and sometimes Kathi would attend with me as a “friend”.

Thankfully, mainstream culture became more open and accepting of the LGBTQ+ community. When Ellen DeGeneres came out on her TV show and subsequently appeared on the cover of Time with the headline, “Yep, I’m Gay,” in 1997, it was a pivotal moment. In 2011, same-sex marriage was legalized in New York. When Kathi and I officially got married in Manhattan, my coworkers held a wedding shower for us.

One event stood out to me as a sign of how the environment was changing—an exchange between my 4-year-old niece (now aged 20) and her pediatrician. The pediatrician asked her what she was doing for the weekend and my niece answered that she was going to her Aunt Lori and Aunt Kathi’s lake house. The pediatrician asked for clarification, “Is it Aunt Lori or Aunt Kathi’s house?” My niece put her hand on her hip and exclaimed: “Girls can get married too, you know!” That was a huge moment for me. A 4 year-old was observant enough to know that Kathi and I were a family. In her mind, we were just another couple.

Today, even though the world has evolved, I still get the standard question at an industry or community event, “What does your husband do?” I just throw it out there, “My wife is CEO of our family and is also a Bikram yoga instructor!”

The importance of leadership by example

Leaders are essential to creating and maintaining a culture in which everyone feels welcome. I think they must lead by example. After I joined Jennison Associates in 2017, Jennison’s CEO Jeff Becker and I had dinner. He began asking me about Kathi. Wow, I thought, he and my wife have so much in common! They are both die-hard NHL hockey fans, having played the sport, and both love boating and waterskiing. I recognized that Jeff and I also had much in common—we spoke easily about family, our upbringing, and caring for our elderly parents. It immediately occurred to me: I’m with the right firm—I can bring my authentic self to work.

I believe diversity, equity and inclusion should embrace all parts of the individual. During a recent firm-wide conversation about mental health, several senior leaders publicly shared how mental health issues have impacted their families. It was incredibly powerful and moving. It also reminded me that everyone’s life has challenges, whether a person seems to be doing well or is just going about their business. You just don’t know. We owe it to our colleagues to check in—especially while we are working remotely. I feel strongly that a firm’s culture should allow us all to be more open.

The benefits of diversity and being true to oneself

And that, to me, is diversity. We all have different perspectives. When those perspectives can come together, they deliver a better outcome for everyone. The world has changed dramatically over the past 50 years, and we need to be open to new ways of thinking for the future. Ultimately, there is room for all of us, and no one should be rejected for offering their time, ideas or knowledge to change things for the better.

I’ve had a real opportunity to lean in and contribute. I am very proud of my participation in Jennison’s newly formed Inclusion Council, where I serve as executive sponsor, and my work with our parent, PGIM, on the Women’s Advisory Council and the recently formed LGBTQ+ Think Tank.

I can only say to young people starting out: Just recognize the importance of being true. Don’t try to be someone you’re not. There will be many opportunities in your career—make sure the one you select aligns with your interests and values. I have had a passion for this business since I joined it three decades ago. Today, I’m sometimes asked when I plan to retire. I answer—I’m only 57! I’m not stepping away anytime soon, especially now that I am being my whole self.

By Lori McEvoy, Managing Director – Global Head of Distribution, Jennison Associates

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LGBTQ+ Culture is Changing: Are Companies Ready to Redefine Inclusion?

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LGBTQGenerational change is redefining how we relate to identity, particularly among LGBTQ+ people. The traditional ‘category’ approaches to D&I have helped to form the basis of anti-discrimination policy, but are not suited to creating inclusion.

Last June, federal protections passed in the Supreme Court for LGBTQ+ people at work and the vast majority of Fortune 500 companies have strong non-discrimination policies. Yet policy is not the same as culture. Building inclusion requires weaving through every single level and interaction of an organizational culture.

As Boston Consulting Group (BCG) authors, in “A New LGBTQ Workforce Has Arrived—Inclusive Cultures Must Follow“, point out: “Yet despite these efforts, the unavoidable fact is that most LGBTQ employees do not feel truly included in the workplace.”

The LGBTQ+ Community Is Radically Changing

According to BCG, many organizations are failing at inclusion because they are failing to understand the changing and holistic identities of today’s LGBTQ+ community. BCG conducted a survey of 2,000 LGBTQ+ employees and 2,000 straight employees, in partnership with NYC LGBT Community Center, in March 2020.

They found the younger generations of the LGBTQ+ community look very different to their predecessors, and these differences matter.

Among the sample, 54% of the LGBTQ+ workforce is women, but that rises to 71% of those aged 25 to 34 and 78% of those age 18 to 24 (Gen Z). The number of women identifying as bisexual is rising strongly, and there’s a marked increase across all genders in those identifying as multiple sexual orientations or ‘other’ orientations.

For example, among the 45-54 LGBTQ+ cohort, 57% identified as gay, 17% as lesbian, 29% as bisexual and only 7% as other. Compare that to the 25-34 cohort – where 15% identified as gay, 15% as lesbian, but 47% as bisexual and 23% as other.

The younger LGBTQ+ workforce is also far more racially diverse than their older counterparts. Only 7% of 55+ LGBTQ+ people are nonwhite, whereas 53% are nonwhite among 18 to 24 year olds. Only 5% among 55+ are Hispanic, whereas 34% of the Gen Z group identify as such. And only 2% of the 55+ community identity as women of color, but 28% among under 35 years do.

“Today’s LGBTQ workforce has undergone a fundamental, generational shift, both in how it defines itself and what it expects of workplace inclusion,” writes the BCG authors, also stating: “Consequently, the diversity, equity, and inclusion programs in place at many companies, while beneficial, are no longer sufficient.”

Persistent Gaps In Cultural Inclusion

LGBTQ+ people still experiences gaps in feeling open and comfortable at work.

BCG found that 40% of LGBTQ+ employees are not out at work, and among those who are, 54% are closeted with clients or customers. 36% have lied or “covered” parts of their identities in the past year. Three-fourths experienced at least one negative interaction related to their LGBTQ identity at work in the past year, with 41% experiencing more than ten.

According to McKinsey research, LGBTQ+ women are twice as likely as straight women to feel like an “only” in the room, to feel they can’t talk about life outside of work and to “play” along with uncomfortable sexual discussions and humor. They are about 1.5 times more likely to hear jokes about gender or sexist comments, and to have experienced sexual harassment.

BCG found that half of senior LGBTQ+ managers have experienced colleagues refraining from networking with them, though this is less reported among more junior levels, where the younger generation is more attuned and aware of inclusion.

“These numbers illustrate the difference between diversity (in which a company hires people from different backgrounds) and inclusion (those people feel free and encouraged to bring their authentic selves to work),” writes the BCG authors. “The gap between the two carries a steep price in terms of engagement.”

Culture Impacts The Ability to Thrive

When a person is able to be who they are, they thrive. When they do not feel they can be, or that they must edit themselves, their ability to show up suffers.

Back in 2018, Human Rights Campaign research found that 25% of LGBTQ empties stayed due to an inclusive culture and 10% left because of a non-inclusive culture.

BCG found that LGBTQ+ employees who routinely experienced discrimination were 13 times more likely to have quit a job and 7 times more likely to have declined a job offer because of company culture, compared to those who never experienced it.

“D&I leaders must focus on culture change in order to improve employees’ interactions with colleagues, direct managers, and leadership—what we call the ‘1,000 daily touch points.” writes the BCG research team. “Our research shows that breakdowns in these touch points are a major barrier to inclusion.”

Breakdowns are “comments or actions that highlight prejudice, demonstrate a lack of empathy, or make an individual or group feel isolated or unwelcome.”

When it comes to thriving in a culture, LGBTQ+ employees who did not experience discrimination, relative to those who routinely did, were far more likely to feel recognized for their full potential by their manager, feel they could risk the innovation of making mistakes and trying again and wanted to consistently do their best work.

Compared to closeted peers, out employees were twice as likely to feel safe to speak up. They were also 1.5 times more likely to feel recognized and empowered by their manager and safe to take creative risk.

McKinsey also reports that relative to closeted peers, out LGBTQ+ women leaders are more likely to feel they have equal opportunities and access to sponsors, and a positive and supportive relationship with their manager.

They’re also half as likely to plan to leave their current employer within a year.

Inclusion for All, As a “Segment of One”

Non-discrimination policies and practices, and equal access to benefits and resources, are now the baseline of D&I. But as BCG points out: “These programs tended to cover formal interactions but did not address daily, informal interactions. Nor were they meant to activate the entire workforce around inclusion.”

Inclusion occurs through the informal interactions that make up the 1,000 daily touchpoints of an individual experience. But traditional categorization approaches to D&I (of race, gender and ethnicity) can backfire here as relationships to identity evolve to be personal, intersectional, fluid and multiple, especially with younger generations.

Harvard Business Review (HBR) authors from Boston College found that “employees who identify in ways that do not conform to the norms used to define and categorize them at work are more likely to feel marginalized, and even threatened.”

When the way identity is represented is simplified and misaligned to the complexity with which an individual sees themselves, a person’s sense of “identity autonomy” and “identity legitimacy” are compromised. So is motivation, engagement, performance and satisfaction.

HBR authors found that organizations can no longer assume that identities can be naturally divided into singular or binary categories, that identities that individuals claim in one moment are fixed, that identities are self-certain, or even compulsory.

As BCG also highlights, several demographic factors and life factors contribute to a holistic identity that impacts how one LGBTQ+ person uniquely experiences the touchpoints within an organization. All of this means inclusion comes down to adopting a “segment of one” D&I lens that embraces the self-identified, overlapping and fluid nature of identities, now.

Grant Freeland, senior partner and managing director at BCG writes the “segment of one” approach is about: “accepting colleagues and co-workers as they are—and judging them on the basis of what they contribute to the greater good, not whether you approve or disapprove of the identity they embrace, or whether they make you ‘comfortable’ or ‘uncomfortable.’”

Inclusion is the current, nuanced and necessary organizational work of creating inclusion for everyone by fostering a culture that embraces each individual as he, she or they defines themselves.

By Aimee Hansen

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Mover & Shaker: Helen Campbell, Management Consultant, Implement Consulting Group

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Helen Campbell_1209by Cathie Ericson

A career that allowed Helen Campbell to live and work in multiple countries gave her a unique view into culture and the way it should impact your working life.

For example she had always assumed that it was important to fit in and adhere to the company values, which was reinforced with her first professional role in Japan, where the culture was still then very much about dedicating yourself to a company for life.

“I realize now that especially in consulting, it should not be about signing up to a company’s way of working, but rather that by joining a company you should change and add to it and bring your own uniqueness to it,” she says.

A Career Spanning Multiple Countries and Roles

Campbell studied electrical engineering at Queen’s University of Belfast, as well as Japanese as she hoped to visit Japan. Her chance came at a career fair at the university, where she learned about an Irish government program that supported Irish graduates finding a job in Japan with companies that had a link with Ireland. She got a job with Fujikin, a Japanese manufacturing company, and flew to Japan with 16 other Irish graduates.

As the first female and non-Japanese engineer the company had hired, there was quite a bit of adjustment on both sides, but Campbell worked for them for six years—two in Japan, one in Dusseldorf in Germany and three in London, in a variety of roles that included engineer, key account manager and project manager. Realizing that was the role she enjoyed the most, she decided to look for another position where she could develop these skills and joined QinetiQ, a UK defense company, where she managed a range of defense and commercial projects and travelled to countries like Jordan and Brunei.

It was there that Campbell interacted with several consultants and became interested in the opportunity that consultancy provides to be part of transformational projects. She joined PwC in London in their Portfolio and Programme Management consulting practice and worked there for eight years, including transferring to Stockholm with them in December 2016.

Last year she decided it was time to try something new and left PwC to join Implement Consulting Group, a Nordic consultancy, as a senior consultant.

The company is growing rapidly and thus feels very entrepreneurial even with around 900 employees, Campbell notes. As it’s not as well-known in Sweden as Denmark, she is excited about growing the business, especially around supporting clients with the delivery of their largest and most complex transformations.

Starting an LGBT Network, Which Started a Movement

While her career has held an impressive mix of managing large efforts like a merger of two airlines’ finance functions and large-scale IT implementations, what Campbell is most proud of is the feedback she gets from junior consultants with whom she has worked. “I really enjoy teaching others and encouraging them to stretch themselves on projects, and because of that I’ve helped many consultants achieve promotions, which is extremely rewarding,” she says.

While working for PwC, Campbell co-founded the LGBT network for the UK; along with a small team she built a strong network—called GLEE@PwC (Gays, Lesbians and Everyone Else)—and developed a brand around it. That included hosting high-profile client events, where they got a majority of the UK employees wearing rainbow lanyards. Through running the network, she sat on several panel events and spoke at conferences about the value of being your true self at work.

In fact it was only when she joined PwC that she came truly out at work, and at that point there was a lack of LGBT role models and especially women. A turning point she remembers is when EY won the Stonewall LGBT Workplace of the Year Award, and Liz Bingham made a speech about her career at EY before and after she came out at work. “This was the first time I had heard a senior lesbian woman speak about the value of being herself at work,” Campbell says.

Developing GLEE generated a lot of attention internally in PwC with poster campaigns, a designated Twitter account, internal news articles and more, which meant that many on the committee were contacted by LGBT people across the country about coming out or about becoming more of an activist. Through those efforts, Campbell was able to mentor several LGBT men and women. “I have loved supporting them in their personal journey, both in and out of work,” she says.

Campbell believes there is still a big journey in the corporate world and in society around acceptance and normalizing trans-gender people. “Even in Sweden, which is fairly progressive, I am not sure I have seen any trans-supportive policies,” she says, although she notes that gender-neutral bathrooms are the norm.

For those reasons, it’s important to continue to be open and transparent—as a way to bring attention to LGBT issues and change hearts and minds.

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LGBTQ Update: Building A Rainbow Pipeline

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LGBT flag featured

By Aimee Hansen

In this month of a historic milestone towards LGBTQ rights in Congress, supported by an unprecedented number of business allies, theglasshammer explores the increasing business case for – and arguable inevitability of – greater LGBTQ executive leadership in the C-Suite.

Status: real progress amidst real discrimination.

According to Catalyst’s 2018 Quick Take, “72 countries prohibit discrimination in employment because of sexual orientation.” The U.S. has no federal protection for LGBT, no state-level protection for sexual orientation in 28 states and no gender identity protection in 30 states. 50% of the LGBTQ community lives in the 30 states that do not offer clear protection.

Policy wise at a corporate level, 91% of Fortune 500 companies have non-discrimination policies that include sexual orientation. 83% include gender identity, 60% include domestic partner benefits and 58% include transgender-inclusive benefits. Interestingly as a comparable, only 21% of Fortune 500 firms offer paid family leave which is a very crucial topic that needs to be addressed regardless of who the primary caregiver is.

About a fifth of LGTBQ employees still experience discrimination when applying for jobs and have not been paid or promoted equally.

A recent study revealed that people who sounded ‘gay or lesbian’ (or gender a-typical) were less likely to be considered suitable for leadership positions, and were related to differently by heterosexual listeners.

Another study sent two virtually identical resumes to Fortune 100 companies that had both non-discrimination policies and LGBT ERGs, the only real difference in resumes being that one of the candidates indicated being president of a gay student alliance and the other president of a non-LGBT social club. The first resume was 40% less likely to get an interview.

According to Forbes and Todd Sears of Out Leadership, in 2019, “609 companies got a 100 on the Human Rights Campaign Corporate Equality Index, yet ‘46% of LGBT employees in the US are still in the closet.’”

Outlook: a rainbow pipeline for LGBTQ leadership.

“Less than 0.5% of Fortune 500 CEOs are LGBT,” says Sears in Forbes. Yet he argues that while current C-Suite representation is underwhelming, it’s also on the cusp of a greater LGTBQ influx.

“If you look at the average age and tenure of CEOs in the Fortune 500, it’s in the mid to late-50s and their tenure is significant with a turnover of less than 2%,”says Sears. “So, if you’re looking for where the LGBT leaders are, there are a significant number of LGBT leaders one-level below the C-Suite.”

Sears emphasizes focusing on this level, at regional CEOs in Fortune 500 companies and at the higher number of “out” CEOs in mid-cap companies. These leaders are in the pipeline to take executive leadership, such as Beth Ford, the new CEO of Land O’Lakes, and the first openly gay woman CEO to run a Fortune 500 company.

In other words, it would appear there’s a rainbow pipeline on its way to displace the current ‘rainbow ceiling’.

Stanford’s LGBTQ Executive Leadership Program, now in its fourth year, has a a high profile for preparing executive bound LGBTQ senior professionals, with training including leading as your “genuine self” in “authentic leadership”. According to FT, the program has “spawned one of the school’s most active alumni networking groups.”

OutNEXT is also the first global talent development program for emerging LGBT in the US, Europe, Asia and Australia. 1,100 young leaders have gone through this program in the last five years.

As part of the curriculum, Sears talks about helping emerging LGBT executives to comprehend their “gay vantage.” According to an Out study, 70% of tomorrow’s LGBT leaders see being gay as a positive influence on their careers (vs. less than 20% five years ago). Research has shown that LGBT people have a higher level of empathy, for example, an important quality in emotional intelligence and leadership.

Fact: businesses with LGBTQ representation in leadership perform better.

The business benefits of LGTBQ leadership are becoming increasingly clear, and Sear speaks to elevating the salience of “Return on Equality”, an economic benefit which “drives sustainable, bottom line growth.”

In a recent study by Marquette University, researchers looked at 88 companies that were members of the Wisconsin LGBTQ Chamber of Commerce, of which 61% had one or more LGBT people in a top position.

The study found that businesses with LGBT senior leadership had higher overall “firm performance”, as well as noticeably higher scores in corporate social and environmental responsibility, high performance HR practices and workforce quality.

“This study supports what we have been saying for years: Having LGBT people in leadership positions, whether it’s as a CEO, a business owner, a part of senior management or on the board of directors, is good for a business’ bottom line,” said Jason Rae of the Wisconsin LGBT Chamber of Commerce. “Simply put, diversity is good for business.”

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Enjoy our LGBTQ and Ally coverage all of June

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Here at theglasshammer.com we celebrate diversity and differences all year long but give extra focus in certain months to certain themes.

June is Pride Month in many countries in the world, with NYC hosting World Pride this year. This coincides with the 50th anniversary of the Stonewall uprising which is the place where civil rights for LGBTQ Americans began.

The bad news is that fifty years later, someone can be legally fired from a job, because a manager or business owner doesn’t approve of the person’s sexual orientation or gender identity, in a majority of US states. The Employment Non Discrimination Act or ENDA which has been in circulation since 1994 and has not yet passed despite a historic recent victory of the passing of the Equality Bill. This important bill was passed on 17th May by the House of Representatives to try prevent this type of discrimination but still has to clear Congress so LGBTQ people are far from safe from subjective decision making by a person who decides to create a ‘less than me’ dynamic.

The good news is that we will shine a light on amazing LGBTQ women and Allies this month as well as talk about what you can do to be a great Ally.

We will also look at how great companies are pushing for progress in the legislative vacuum and are making positive changes in the world. Sometimes, it is about changing the world and sometimes if all you can do it change your corner of the world to make it better for the people around you, then that is a good start.

Enjoy the articles and profiles.

And, walk the talk on your values.

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Voice of Experience: Jennifer Barbetta | Partner, Goldman Sachs

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Jennifer BarbettaBy Cathie Ericson

“Be on the short list,” recommends Jennifer Barbetta, a partner in Goldman Sachs’ Investment Management Division.

From her own experience, she knows that unique and challenging projects don’t simply “fall in front of you,” and that when senior managers are kicking off a new business, they’ll look to add people to their team who offer both a specific skill set as well as those with whom they have built a relationship.

As such, she advises junior analysts and associates to be “willing to work hard at everything put in front of you,” because individuals who jump in to solve problems and also work on building honest, trusting relationships are rewarded. “When people think of someone they want to work with, you want it to be you,” she recommends.

Creating a Multi-Faceted Career

And being someone with that mindset contributed to how Barbetta has managed to enjoy such a fruitful and varied career at Goldman Sachs. She joined the firm directly after graduating college, assuming she would work at the firm for several years prior to pursuing an MBA or law degree. Fast forward 23 years, and she’s still enjoying her work at Goldman Sachs, having worked in a variety of different roles across businesses.

Today, Barbetta is helping to lead the Global Portfolio Solutions Group in Goldman Sachs Asset Management (GSAM), which provides custom asset allocation advice, risk management and portfolio construction to both institutional and retail clients. The business has steadily expanded its service offerings over the past few years, resulting in GSAM becoming one of the top providers globally.

The custom solutions-oriented offering is one with a lot of potential, Barbetta says, noting that the work GSAM is doing was referenced in Goldman Sachs’ annual letter to shareholders as an effort with significant growth potential. That’s partially because trends in the industry are aligned with the business’ growth, as pension plans or healthcare organizations look for greater expertise in generating investment returns, because they may not have the breadth of internal capability to support all asset classes, portfolio construction and asset liability analysis. In other cases, they may be looking to outsource this functionality to save costs. “What we offer is so customized yet we have the expertise, investment platforms and risk management tools to scale this work effectively.”

“There is clearly a trend in this space, and at Goldman Sachs, we feel we have the skills sets, scale and resources to deliver for our clients,” Barbetta notes. “We have a diverse and experienced team, and we have significantly added to our capabilities over the past several years.”

Proud to be Part of A Firm That Embraces Diversity

Barbetta notes that as women progress in their careers, firms experience difficulty promoting and retaining senior women as they begin to start families. “It becomes more of a balancing act, and I know there’s more we can all do to enhance flexibility,” she says.

She also finds it uniquely beneficial to be out at work, primarily because you can take energy that you might have spent covering up a part of who you are and redirect it to a more useful need. She is proud to be associated with Goldman Sachs, and notes that the firm focuses on building an inclusive culture, with the tone being set at the top.

“If someone feels confident that senior management gets it, it makes it that much more comfortable to be out at work,” she notes. For Barbetta, a defining moment came when Goldman Sachs CEO Lloyd Blankfein spoke out in support of marriage equality in 2011, highlighting to both employees and the public that he supports diversity.

Involved with the LGBT network since it was founded in 2001, Barbetta now serves as an advisor, and during Pride Month will be moderating a panel on embracing transgender talent. She also is active in Goldman Sachs’ women’s network, having championed strategic initiatives focused on high-performing women. She also has been involved with the Black network and led a mentoring cohort that worked with managing directors and vice presidents.

Barbetta has three children with her wife Victoria, and when not spending time with family, she is active in philanthropic organizations. For almost a decade, she’s been on the board of the Point Foundation, which offers scholarships and mentoring to LGBTQ students of merit. She is also on the board of Junior Achievement New York, where she recently helped host a Bowlathon that raised almost $300,000. In addition, she is a board member at her children’s school.

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Being LGBTA at Work – Out and Awesome

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By Nicki Gilmour, Executive Coach and Organizational Psychologist

“People are strange when you’re a stranger” or so croons Jim Morrison from The Doors. Being different from the historical majority group still has its challenges, and being LGBT in a world of heteronormativity, no matter how cool people are, can make you feel “other” or outside the core group.

So, how do you navigate the challenges of coming out again and again ( that’s right people, it isn’t a one shot deal!). Here are 3 tips to being out and awesome.

1. Know yourself.

Like everyone else, your preference is just that, its not your actual personality, although both are intrinsic and therefore everyone else should understand that words like choice and lifestyle are not accurate. If you are shy naturally, only work within your comfort zone of who you tell and when. Trust in this area, like other areas is built over time. Equally if you are an extrovert and want to wave a flag, do it! Much of this also depends on where you are at with your own journey, don’t feel rushed one way or the other to express yourself.

2. Know your audience.

Fact; the world is divided into people who have thought about their own mental models and those who just take on whatever stuff their father/granny told them and are still living with values that Sophia from the Golden Girls would be proud of when she says “picture this, Sicily 1923”. Kegan and Lahey- Harvard developmental psychologists write about this subjective lens to life approach in “Immunity to Change” (this book changed my life if you all haven’t noticed how much I reference it). You don’t have to tell people who are just too cognitively/emotionally limited to understand anything outside their own direct experience, or you can choose to. Up to you.

3. Authenticity pays off.

Studies show that hiding can damage your career as it takes massive effort to change pronouns etc. Just be you, as there are so many people who will love you for you. On that note, Allies come out and vocalize your support for anyone who needs it.

Sponsor your LGBT network as an ally, get involved !

We just do not have to tolerate dinosaurs anymore. The revolution will be televised!

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