In yesterday's post on the FCA's Diversity and Inclusion consultation, I questioned whether their proposals (which largely reduce DEI to demographic diversity statistics) would improve customer welfare. Here I discuss the FCA's second goal of improving the UK's international competitiveness (by increasing talent from underrepresented groups). All of yesterday's concerns continue to apply. 1. The proposals focus on very narrow aspects of diversity - what can be measured, not what's important. Other sources of underrepresentation are: a. Socioeconomic background, given the power of wealth and contacts. b. Regional background. Even a different accent can affect whether you get a job, or how seriously you are taken by colleagues or clients. c. Personality type. How often is someone not hired or promoted because they're said to be not aggressive or assertive enough? 2. What matters is not just diversity but inclusion: whether minorities can thrive rather than just having jobs. A minority could be a bully; a white male could be a mentor. Moreover, additional concerns apply here. 3. Targets undermine merit. If a company has announced a target for (say) senior women, and a woman is promoted out of merit, colleagues and clients may think she was promoted to meet the target. I was once approached to apply for a board position because it needed to increase its “number of non-white faces”. 4. Targets are divisive. They can create divisions in a company and worsen culture because one party benefits at the expense of others. A white male may believe he has limited promotion prospects and thus be less motivated. More broadly, the focus on symptoms, not problems, has missed a real opportunity to address the underlying causes of lack of diversity. Taking gender diversity in fund management as an example, a significant hurdle to women becoming portfolio managers is that the major promotion decision (from analyst to PM) typically occurs when many women have children. Most women take extended parental leave, but men rarely do. If a woman is overlooked for promotion pre-kids, her earnings may have fallen significantly behind her partner’s post-kids. The family dynamic may either dissuade her from returning to work, or require her to bear more childcare responsibilities after returning, hindering promotion. Even if a woman has made PM prior to leave, there are still barriers. When one PM was on leave for more than six weeks, her employer ended her CF30 approval (part of the FCA’s Approved Persons regime at the time) leaving a gap in her track record. Track record is crucial in fund management, affecting her client inflows, ability to launch a new fund, and likelihood of being assigned to a bigger fund. My response to the consultation is below, which I hope is helpful to both the FCA and also companies and investors interested in diversity. https://lnkd.in/eWgkd8qz.
Women Career Advancement
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"Communities and countries, and ultimately the world, are only as strong as the health of their women," Michelle Obama once said. The impact of women’s health on our societies cannot be overlooked. The theme of today’s International Women’s Day is #InspireInclusion. To me, closing the gender health gap is an important requirement to create a truly inclusive society. Women are still underdiagnosed, undertreated, and underserved – often due to a historical lack of women-centric research and female health data. They face serious health risks because of this. Last year, a study suggested that women may be twice as likely to experience a fatal heart attack because of unrecognized unique risk factors. In its recent report on women’s health, the World Economic Forum revealed that women are diagnosed later than men: 4.5 years later for diabetes. 2.5 years for cancer. These years can cost lives. Genetics and environmental factors might be at play here, but gender bias is also an important factor. The latest #WEF report suggests that addressing this bias and closing the women’s health gap would allow 3.9 billion women to live healthier and higher-quality lives. As the gender health gap really is essentially a female data gap, AI and digitalization offer huge opportunities to transform women’s health. Health apps can facilitate access to services and empower women with technology that is tailored to their needs and lifestyles, for instance. AI can help process huge amounts of anonymized data that may help close the gap. I strongly believe that health equity and inclusion are about overcoming disparities, about looking for what unites us. However, in order to tackle the gender health gap, we must first acknowledge the differences. Male bodies have represented humanity for too long, with women treated as “small men”. The COVID-19 pandemic, for instance, proved just how untrue that is. It revealed the fundamental gender differences in the immune system – just one instance where a human organism’s gender matters. One interesting fact: Women account for almost 80 percent of people with autoimmune diseases. Immunologist Akiko Iwasaki, who was honored with the Else Kröner Fresenius Prize for Medical Research in 2023, has devoted herself to teasing apart the differences between the immune responses of men and women to COVID-19 and other viral infections. Incidentally, our very own female leader, Else Kröner, was an early advocate of better healthcare for women. In 1973, she joined the international women's association #Zonta and became one of its most active German leaders. To this day, Zonta remains committed to improving health access for women and among others to equal rights issues. From Else Kröner to Akiko Iwasaki, countless remarkable women have made tremendous contributions to improving women’s health. Kudos to their commitment! Let’s take this day as an opportunity to raise further awareness and to commit to advancing this important topic. #IWD2024
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If you're losing brilliant women at the final stages of hiring - this might be why... Let me talk you through a recent example where a company had a disproportionately high number of women dropping out at late interview and offer stage for their tech roles: They were offering great salaries. Flexible working. A decent benefits package. So what was going wrong? We took a look at the data. Out of 2 billion data points, a few things stood out: → Diversity is non-negotiable. Women in tech rank it 31% higher than the average candidate. If they don’t see representation in leadership, they won’t apply → Flexible hybrid work wins, because structure matters. Demand for remote-only roles is 11% below average, while core hours and in-office collaboration rank higher → Family-friendly policies trump flashy perks. Fertility leave (+41%), job sharing (+33%), and parental leave (+19%) are the real differentiators But then we dug deeper; and that's where it got really interesting: → Women in data roles showed a higher demand for in-office work - mentorship and access to resources mattered → Women in engineering & development wanted mission-driven work and career progression above all else → Women in product roles prioritised culture and flexibility more than any other group The company checked their employer brand. Their careers page talked about “great culture” and “exciting opportunities.” But it said nothing about what actually mattered to the people they were trying to hire. They weren’t losing candidates because of the salary or the benefits. They were losing them because they don't know what their target talent groups actually want. The companies getting this right aren’t guessing. They’re using data to shape their employer brand - so they attract the right people, with the right message. Download our women in tech report to access more of these insights: https://lnkd.in/enYcGpeW And tell me if you've turned down a job offer for similar reasons? #WomenInTech #Hiring #EmployerBranding #FutureOfWork #DiversityMatters
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To UAE private sector companies preparing to pull the "lack of qualified female board candidates" card, consider this your friendly reminder: that myth has already been thoroughly debunked. Women currently hold only 5% of leadership roles globally in the private sector. This is a critical gap that demands immediate action, and the UAE is once again setting a powerful example. In 2021, the UAE introduced a law mandating female representation on the boards of publicly listed companies. The results have been nothing short of impressive. Female board representation has jumped from a mere 3.5% in 2020 to over 8.9% by 2023, according to the Securities and Commodities Authority (SCA) . The message is clear: intentional policies drive real, measurable change. There is no shortage of talented women. The UAE is home to an extensive pipeline of female leaders, and initiatives like Aurora50 are accelerating this momentum. Women are not only ready—they are thriving in board roles, bringing valuable expertise and perspectives. The business case for gender diversity is clear. Companies with gender-diverse boards perform better financially. According to MSCI’s global study, firms with more women on their boards saw a 36.4% higher return on equity. This is about more than representation—it’s about fostering better governance, innovation, and resilience in the face of challenges. While gender quotas have sparked this progress, the real transformation will come when diversity is embraced as a strategic imperative, not just a compliance issue. It’s time for a cultural shift where diverse leadership is seen as vital to innovation and sustainable growth. To the leaders of the UAE’s private sector: the future of your business relies on inclusive, forward-thinking leadership. If you're serious about strengthening your boardroom with fresh perspectives, I am more than happy to introduce you to exceptional female leaders who are ready to make a significant impact at the highest levels of corporate decision-making. #genderbalance #corporategovernance #womenonboards
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“If she’s left out of the data, she’s left out of the solution.” This isn’t just a slogan—it’s the hard truth many organizations overlook. When women’s experiences, contributions, and challenges are not captured in data, strategic decisions are built on partial truths. We cannot address what we don’t measure. I remember working with an organization during a DEI audit where gender representation looked fairly balanced on the surface. But when we dug deeper, the data told a different story: • Leadership roles were overwhelmingly male-dominated. • Performance reviews showed a bias in language—men were described as “ambitious,” women as “cautious.” • Promotions for women plateaued at mid-management, despite equivalent performance metrics. The solution wasn’t more policies or more workshops—it was more data. Data that captured not just headcounts but lived experiences. Data that told the story of pay equity, growth opportunities, and workplace culture. When women are left out of these metrics, they’re left out of the growth, the opportunities, and the solutions that move organizations forward. If you’re serious about equity, start with the numbers. Measure what matters. Because if she’s not in the data, she won’t be in the boardroom either. #diversity #equity #inclusion
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Innovation knows no gender. Reflecting on my journey as an engineer over the past 25 years, from stepping into the workforce to witnessing the remarkable strides women have made today, I am struck by both the progress achieved and the many challenges that persist. When I started my career in the late 90s, women engineers were a handful and today, I'm heartened to see more women not only entering the field but also pioneering innovations and driving meaningful change. ➡️ However, looking at the numbers, in 2023, men outnumbered women in global engineering by 86.3% to 13.7%. And despite the demand for tech skills, women constitute only 28% of engineering graduates globally. In STEM fields, they make up 33% of researchers but hold just 12% of national science academy memberships. ➡️The leaky STEM pipeline begins early and persists over time. It is not just enough to keep feeding the pipeline by increasing the number of female students. It is imperative to work towards breaking gender stereotypes through early investment in reskilling and the promotion of STEM education. Apart from making STEM education more fun and engaging, introduction to female role models and mentors can help change stereotypical perceptions related to these subjects and inspire more girls to choose and work in the area. ➡️I see technology as an enabler here. Achieving equal representation of women in the tech industry requires a collaborative effort from organisations, academia, and government bodies. At the organisational level, tech firms should focus on creating supportive structures that not only attract but also retain and nurture female professionals. Flexible working policies, improved leave and well-being benefits, and support networks serve as key factors in promoting women in the workplace. Investing in training and mentorship programs is essential to equip high-potential women technologists with the necessary skills for leadership roles. Initiatives like involving female employees in the recruitment process, hosting career fairs, and offering internship programs can help organisations move towards a more gender-balanced workforce. The future of engineering is bright, and women are an integral part of that future. By continuing to support and celebrate women in engineering, we are investing in a world where innovation knows no gender, and where the contributions of all are valued and recognized. #InternationalWomenInEngineeringDay 🎉✨
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I'm happy to share the release of the #WiSER White Paper, "Igniting a Global Sustainable Economy," following the impactful discussions at the WiSER Annual Forum during Abu Dhabi Sustainability Week - ADSW 2025. This report highlights the critical role of female entrepreneurs in driving climate solutions and provides actionable strategies to bridge gender gaps in finance, scalability, AI, mentorship, and accessibility—especially for women in the Global South. Why This Matters: Women-led ventures are key to unlocking innovation in sustainability, yet systemic barriers persist. This paper outlines 5 recommendations: 🔹 Increase Gender-Focused Investment : Boost funding, financial literacy, and microloans for female-led climate projects. 🔹 Scale Women-Led Ventures : Streamline policies and partnerships to accelerate growth. 🔹 Harness AI & Digital Tools: Bridge the AI literacy and access gap to empower business expansion. 🔹 Strengthen Mentorship and Networking: Build cross-sector collaborations to provide women with the resources to succeed. 🔹 Empower Women in the Global South : Address legal and financial barriers, invest in STEM education, and improve access to markets and resources. Dive into the full report below or on Masdar (Abu Dhabi Future Energy Company)’s website for insights on turning these strategies into action: https://lnkd.in/dyAFPEP2 Thanks again to my fellow roundtable participants: Lawratou Bah, CFA, Mirella Amalia Vitale, Natasha Shenoy, Hajar Alketbi, Manal B., Mariam Alnaqbi, Shaima Al Mulla
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Growing up, I was told that people like me ... those from lower socio-economic backgrounds – don’t go into careers like law. Yet, my male counterparts from similar backgrounds were applauded for their ambitions. That moment stuck with me. It made me question why certain aspirations are encouraged for some, but seen as unrealistic for others. It made me aware of the unspoken barriers that exist – not just in terms of gender, but also class, networks, and access to opportunities. While the legal profession has made significant progress in gender representation, challenges remain – particularly for women at senior levels and for those who don’t follow the traditional pathway into law. A Thomson Reuters report highlights key areas where women in law still face barriers: – Bias in hiring and progression: Women, especially those from lower socio-economic backgrounds, may not always have access to the same networks and opportunities as their more privileged peers. Unconscious bias can play a role in hiring, promotions, and client-facing opportunities. – Retention challenges: Women continue to leave the profession at higher rates than men, often due to career progression barriers, work-life balance concerns, and lack of mentorship at senior levels. – The gender pay gap: Despite positive change, disparities remain, particularly at the most senior levels, where women are underrepresented in full-equity partnerships and top leadership roles. These findings reflect industry-wide challenges, but many organisations and individuals are actively working to address them. How do we empower more women to not only enter the legal profession, but thrive in it? – Mentorship and sponsorship: Encouraging senior professionals to actively support, mentor, and advocate for women at earlier stages in their careers. – Flexible and inclusive career pathways: Recognising that not all lawyers take the same route, and ensuring alternative pathways (like solicitor apprenticeships or CILEX) are valued. – Challenging biases: Recognising the intersection of gender and socio-economic background, and ensuring hiring and promotion decisions are based on ability, not connections or privilege. I would love to hear your thoughts – what do you think needs to change to ensure women can thrive in law? #IWD2025 #WomenInLaw #BreakingBarriers #DiversityInLaw #SocialMobility #EquityInLaw
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You know it. I know it. Return to office isn't neutral. It disproportionately impacts women, especially mothers and caregivers. I was honored to share my thoughts with Taylor Telford for her latest The Washington Post piece exploring how aggressive RTO policies are pushing women's progress backwards. (Link in comments) As I shared in this piece, it is not a "choice" when the options are so limited. Women are once again finding themselves pushed out of the paid workforce. Some key takeaways from the article: 👉 After decades of gradual progress, the gender wage gap is widening again. In 2024, women earned just 80.9 cents for every dollar earned by men, dropping from 84 cents in 2022. 👉 For many women, especially those with caregiving responsibilities, rigid office policies are forcing "choices": accept demotions, take pay cuts, or leave entirely. 👉 Turnover among women at companies with strict in-office mandates is nearly THREE TIMES that of men. 👉 The lack of affordable, accessible childcare continues to widen the pay gap. 👉 Policies like RTO and limiting flexibility are stagnating women who feel forced to step off the ladder towards career growth to manage caregiving. This is exactly why at WRK/360, our mission is to help workplaces ACTUALLY be family and caregiving friendly. Not just in rhetoric, but in policy, culture, and practice. The dynamics the article highlights aren’t hypothetical; they are the exact challenges we work with our clients on daily. ✔️ We help companies design policies (e.g., hybrid, flexible schedules, core hours) that allow for collaboration without penalizing caregivers ✔️We coach leadership on equitable performance criteria so that remote or hybrid contributors are not implicitly devalued ✔️We partner with organizations to embed family-supportive programs that retain talent. HR and leadership teams: 👉 Still considering an RTO mandate? Think about what this really means for women and caregivers. 👉 Already have one in place? Run an audit on your turnover. How has this policy impacted men vs. women? Caregivers vs. non-caregivers? What talent are you losing? Together, we can protect the progress made over decades and stop pushing women and caregivers out of the paid workforce.
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Can we stop celebrating women ONE day a year and just acknowledge how without womxn, businesses would simply collapse. Don’t believe me? Believe scientists then. 1. **Diversity and Innovation**: Research conducted by McKinsey & Company shows that gender-diverse companies are 21% more likely to experience above-average profitability. Women bring diverse perspectives, leading to more innovation and creativity. 2. **Effective Leadership**: Studies by Catalyst have found that companies with more women in leadership positions financially outperform those with fewer women. Women leaders often exhibit strong communication, empathy, and collaborative skills. 3. **Conflict Resolution**: A study published in the Harvard Business Review suggests that women are often better at conflict resolution due to their strong interpersonal skills, contributing to a more harmonious workplace. 4. **Increased Productivity**: A study by the Peterson Institute for International Economics found a positive correlation between gender diversity in senior management and increased profitability and productivity. 5. **Better Decision-Making**: Research from the Kellogg School of Management shows that diverse groups make better decisions. Women's participation in decision-making processes contributes to more balanced and informed choices. 6. **Workplace Satisfaction**: A study by Gallup reveals that employees who work in gender-diverse teams are more engaged and satisfied. Women's presence often leads to more inclusive and collaborative work environments. 7. **Innovation and Problem Solving**: A study by the National Bureau of Economic Research suggests that women tend to excel in tasks requiring innovation and problem-solving skills, bringing fresh perspectives to the workplace. 8. **Ethical Leadership**: Women leaders often exhibit ethical leadership qualities. Research published in the Journal of Business Ethics highlights the positive ethical impact women leaders have on organizational culture. 9. **Improved Team Dynamics**: Studies by Harvard Business Review have found that women contribute to more effective and balanced team dynamics, fostering better collaboration and communication. 10. **Reduced Turnover**: According to a report by Catalyst, companies with gender-diverse boards experience lower employee turnover rates. Incorporating WOMXN into the workplace at all levels is essential not only for gender equality but also for enhancing organizational performance and creating more inclusive, dynamic, and innovative work environments.
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