Friday, March 04, 2011
[IWS] Catalyst: 2010 INDIA BENCHMARKING REPORT (advancing talented Women) [4 March 2011]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
Research Reports [on advancing talented WOMEN]
Author: Deepali Bagati
Published: March 2011
2010 India Benchmarking Report [4 March 2011]
[full-text, 32 pages]
PRESENTATION OF FINDINGS
The report offers insights into critical aspects of talent management, and wherever applicable and relevant, we present findings by region headquarters—to emphasize similarities and differences between the India-HQ and India-Subsidiary companies. The report is organized into the following sections:
• The Numbers: Workforce representation, attrition, and promotion by gender and leadership levels, including executives/management, senior managers, and managers/directors in corporate India. Data included in this report are as of the end of the companies’ fiscal year 2009 or the most recent fiscal year available.
• The Strategies: Strategies for women’s advancement, including leadership development, retention, and recruitment.
• The Programs: Diversity programs, including mentoring initiatives, employee resource groups (ERGs), and work-life effectiveness programs.
• The Success Factors: Additional detail on the success factors for diversity programs, including accountability and engaging men as diversity champions.
Many companies working in India‘s dynamic economy struggle with the rapidly evolving talent crunch. The 2010 India Benchmarking Report enables companies to become more nimble by accelerating progress toward developing and advancing their talented women, a largely untapped resource.The report is based on the responses of 56 India-headquartered companies and India subsidiaries of Europe- and North America-headquartered companies across eight industry sectors: Consumer Products; Energy and Utilities; Healthcare and Pharmaceuticals; Financial Services; Industrials; Information Technology–Products and Services; Information Technology–IT enabled services (ITes) and Business Process Outsourcing (BPO); and Professional Services Firms (including Accounting and Management Consulting).
Some report findings demonstrate that:
* A full menu of diversity programs are available overall, but organizations seem lagging on managerial accountability and the engagement of men as champions to help eliminate gender bias.
* Although more than 70 percent of companies across all sectors reported general leadership development programs and most also reported targeted recruitment and retention programs for women, the percentage dropped considerably (with the exception on the financial services sector) on targeted leadership development programs for women.
* IT Products and Services was the only sector with more than 70 percent of companies reporting holding managers accountable for diversity goals.
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