McKinstry shares her experiences in improving gender equality within Wolters Kluwer, and offers insights into what it takes to create and execute a strategic vision for change.
On June 24, Wolters Kluwer CEO, Nancy McKinstry will be a guest speaker in a new program developed by Columbia Business School, one of the world’s foremost providers of advanced management training, and Barnard College’s Athena Centre, known globally for its work on advancing women’s leadership. The program ‘Women in leadership: Expanding influence and leading change (next course, November 9-11, 2016)’ is designed to help women leaders navigate the business landscape, develop and leverage their talents, and assume roles of greater influence. McKinstry will share her experiences in improving gender equality within Wolters Kluwer, and offer insights into what it takes to create and execute a strategic vision for change.
The power of parity
In 2015, the McKinsey Global Institute (MGI) published The power of parity: How advancing women’s equality can add $12 trillion to global growth.
The report, which focused on the enormous potential associated with narrowing the gender gap in both business and social sectors found that, ‘If every country did so at the same historical rate as the fastest-improving country in its regional peer group, the world could add $12 trillion to annual gross domestic product in 2025.’
The study also found that lack of gender diversity is associated with a greater likelihood of below-par performance in the business sector. And, when companies strongly commit to building diverse leadership, they are indeed more successful.
However, while inclusive organizations clearly outperform those that are not, women remain underrepresented in all levels of management. The ‘Women In Leadership’ program wants to change that. Rita McGrath, Faculty Director, Associate Professor and globally recognized strategist, said, ‘This program draws on the very latest thinking, research, and practical ideas on how women can be catalysts for their own, and their organization's, success.’ The level of that success is significant.