Organisations the world over are currently challenged with a lack of women in leadership positions, and concerned with the competitive and financial toll this could mean for their organisations. Meanwhile they are also facing the challenges that come with vast numbers of millennial talent entering and reshaping the workforce.
Organisations looking to address the gender leadership gap must drive parallel efforts which tackle enhanced leadership diversity in conjunction with systemic change efforts targeting their workforce from day one. But to get this right, first organisations must better understand how to attract, develop, and retain female millennial talent.
In 2008, PwC began digging deeper into an observed shift in thinking among younger employees in “Millennials at work: Perspectives of a new generation”. Subsequently, in 2011 we released our “Millennials at work: Reshaping the workforce” report, which provided insights into the minds of 4,364 millennials from across 75 countries. Most recently, in 2013 we released our “PwC’s NextGen: A global generational study’ report”. This cross-generational study captured the views of more than 40,000 respondents in 18 global territories.
As our knowledge about this generation evolves we think it is time to put a laser focus on the female cohort of this generation.
Our Next Generation Diversity: Developing tomorrow’s female leaders report aims to provide some insight into the minds of female millennials and how to position your organisation and talent strategies towards the attraction, retention and development of this significant talent pool.
POINTS TO PONDER
· Are we passing the baton that we have received so graciously with love and wisdom to the younger generation in a manner that they are is excited about?
· If we are passing on the baton, are we 100% sure that it is being received.
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