Professional Documents
Culture Documents
been occupied not only with the current issue but also with the giant, MANAGING EDITOR John S. Murphy
year-ending Women Worth Watching issue that will be available in
November. We’ve been poring over mentoring essays, personal and CREATIVE DIRECTOR Linda Schellentrager
corporate profiles, and portrait photography, all of which will capture the MARKETING DIRECTOR Damian Johnson
spirit of 100 extraordinary women whose success merits scrutiny. We bill
CONTRIBUTING WRITER April Klimley
this issue as the biggest diversity event of the year, largely because of the
caliber of the women profiled in its pages. You’ll want to read it from CONTRIBUTING EDITOR Laurel L. Fumic
cover to cover.
OVERSEAS CORRESPONDENT Alina Dunaeva
That doesn’t mean you should skim this issue. It, too, is packed
with good reading that entertains and informs. WEB MASTER Jason Bice
We begin with a profile of Waste Management’s Larry O’Donnell on
page 19. Mr. O’Donnell is a change champion of the highest order, and LETTERS TO THE EDITOR
he has made great strides at Waste Management, a company whose Commentaries or questions should be
ubiquitous television commercials boast of saving 41 million trees last addressed to: Profiles in Diversity Journal,
year because of its recycling programs. There’s plenty to boast about on P.O. Box 45605, Cleveland, OH 44145-0605.
the diversity front there, too. All correspondence should include author’s
full name, address, e-mail and phone number.
Our Front-Runner piece profiles Lois Cooper of Adecco. I’ve spoken
to Lois several times over the last few weeks, and I can tell you I’d like to
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what more could you ask for? Gemini Towers #1
We’ve also got our regular features, Momentum and Catalyst, and a 1991 Crocker Road, Suite 320
feature on Hispanic Heritage Month. This observance begins on Sept. 15, Westlake, OH 44145
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Enjoy the issue. And clear 8:00 a.m. to 5:00 p.m. EST.
40
4 Profiles in Diversity Journal September/October 2006
46 Hispanic Heritage Month
If you’re not recognizing this celebration, you’re missing a great opportunity
to build your team and advance diversity. Here’s how seven organizations celebrate
the 35-million strong American Hispanic community.
departments
.
Momentum
Diversity Who, What, Where and When
8
Catalyst
Are Women Reaching the Top?
54 Recent studies paint a bleak picture of women’s progress into top
leadership positions. Here are the surprising results and a call
to action for CEOs.
L
arry O’Donnell pulls no punches when talking about Waste Management, himself,
or diversity . . . and how each intersects at his company, which is now looking
things were simply a mess. At the end of 1999, the WASTE MANAGEMENT IS THE NATION’S
company was coming out of accounting scandals and a LARGEST WASTE SERVICES PROVIDER, WITH
severely damaged reputation on Wall Street and among REVENUES OF $13 BILLION IN 2005. AS A
new chairman, president and CEO, Maury Myers, to SERVICES IN THE UNITED STATES AND CANADA.
turn the company around. There were ship with our shareholders, employees, ness where people had pride and their
problems everywhere we turned. For too customers and communities. contributions were valued. And we wanted
many days and nights in a row, we “Maury phrased it simply and suc- that pride to shine from the inside
addressed a nonstop list of difficulties cinctly in our leadership meetings: Build out, in every nook and cranny of the
that could sink the company,” says an operating platform for Waste organization.”
O’Donnell. Management where people believe in the A significant part of bridging from a
“But even in that frantic environ- company’s leadership, business direction, revitalized, refocused business approach
ment—and maybe especially because it and financial strength, and create a to a vibrantly diverse company had to do
was such a challenging time—we agreed culture where we will operate ethically with what Larry O’Donnell experienced
with extreme clarity on a few key ideas. without question in everything we do in personally along his path to the President
We wanted these to become the core running our business. and COO position.
understandings of the business we were “As we put together the road map
rebuilding. Remember, we had a crisis of for Waste Management to arise out of the
confidence with virtually all of our stake- crisis as the industry leader, frankly, A personal journey
I
holders. So it was clear to us that the core diversity was not on the target list per se. “ ’ve never thought about what we are
foundation of our plan had to be demon- What we did have was a management doing at Waste Management as a
strating integrity, rebuilding trust and philosophy clearly linked to a focus diversity initiative or something separate
growing a credible, meaningful relation- on people. We wanted to create a busi- from everything else,” says O’Donnell. “It
because of my own personal journey in life. “When I ask people to give me feedback on how we can continue to improve our
company, which I often do,” confides Waste Management President and COO
“I believe diversity has to be lived, Larry O’Donnell, “I’m sometimes surprised with the vigorous replies I get. People
not just observed. How I think and act aren’t afraid to give you their opinions if you just ask. Sometimes what they have
to say is fairly direct, or even critical, but that’s good. The only way we are
today reflects how I grew up and the going to continue to improve is to have a culture in which people feel like they
values my father instilled in me. My can speak up, and are willing to bring forward the issues that they feel are
important.”
family had a construction and real
Known in the company for early morning garage visits and other hands-on
estate business, started by my grandfa- touches, O’Donnell finds that most employees appreciate his approach to work.
“‘Be bright, be brief, get going!’ is what one person played back to me. I thought
ther, and my dad made sure I learned
that was pretty condensed, but it’s really right on the money. We want great
to contribute early on. I was in the sec- ideas, presented with tight and clear arguments; to engage in a dialog, make a
decision and communicate expectations; and then we want to execute quickly.
ond grade when I had my first ‘job’
“I’m a great believer in modeling behavior. So I engage myself with many
with him. I began by dusting rows of people throughout the organization; it’s what I hope others do, too. Really listen
shelves, sweeping the floors and to what people say, and learn from it. Everything you gain helps in building the
diverse teams we need to address the challenging propositions in the market-
restocking the trucks, and later I place today. And attracting people with varied backgrounds, cultures and ways of
worked on the construction crews. So I thinking helps us see situations through the eyes of the customers and
employees we have today.
worked with lots of people who acted
“People tell me I’m also a ‘look-you-in-the-eyes’ communicator. I like to talk
and looked different than my own fami- one-on-one with everyone I meet. There’s nothing better than engaging in a direct
and clear exchange with another person to reach common ground. And, when
ly. We worked side-by-side, shoulder-to-
there are differences of opinion, being up-front helps people respect your point of
shoulder. It was no big deal to share view. It’s what I try to do, and what I want others to do with me.
lunches, stories and jokes. We all took “‘Your world isn’t everyone’s world’: That’s an important life and style lesson
that I learned early and try to pass on to our next generation of managers.”
a drink from the same water jug. That’s
“When you spend time just the way it was around our place. who were truly different from each
“Later on, when I was a senior in other. The crafts were like that. Each
with and work with a high school, my dad singled out a spe- seemed to draw talent from a particu-
cial work assignment for me. He gave lar community, with their own values,
variety of people every
me the job of finishing construction on language and work ethic.
day, you begin to see five houses that were nearing comple- “So really, early in my work life, I
tion. He told me, ‘Learn the job and saw that people could make or break
there is an amazingly learn the people.’ It was a challenge I your business, and that learning how to
teams that did different things— “I found out that our customers
things done.”
plumbing, cement work, carpentry, were different, too. Each of the soon-to-
Larry O’Donnell cabinetry—and that had tradespeople be owners of the homes we were build-
“So at key stages in my life, I had and learning and considering other
with people who viewed things differ- of things, from politics, to the way to
ently than me—people who came from run a business, to what you might do for
backgrounds that were well away from weekend fun. All of that’s really shaped
my own. I quickly saw that the world the way I relate to people now, and to
Events throughout the year Diversity: ness. We want to reach a point where,
bring Waste Management
a core component frankly, diversity and inclusion are
employees together to meet
each other, share thoughts, of Waste Management’s thought about as the people strategy to
be recognized and network
operating platform achieve breakthrough performance and
more effectively when back
extraordinary results, and not merely as
W
on the job. Above, Mary Kay “ hat we are consciously trying
Runyan, vice president, fleet to do,” says Carlton Year- overlays; not as separate functions. We
and logistics (second from
wood, Waste Management’s chief ethics want diversity and inclusion to simply
left) joins the stage with
Larry O’Donnell to recognize and diversity officer, “is to ‘operationalize’ be here, to be an unquestioned and
the key group of fleet
diversity into everything we do. I know inherent part of everything we do.”
operation leaders.
that word may sound like just more Yearwood, who was hired into
carries a powerful message. It means that 2002, has taken a key role in catalyzing
we’re carrying forward Larry’s notions of actions across the organization. “In the
diverse people working together produc- past few years,” he observes, “we’ve
tively, of recognizing individuals and moved ahead with some good strides in
tations clearly into the soul of our busi- structure. Our core includes a code
coach, we started from a simple perspec- “If you want to understand Waste Management’s embrace of a positive diversity
philosophy, all you need to know is demographics.” That’s the word from Dave
tive of identifying vulnerabilities and
Hopkins, senior vice president, Southern Group. “We are in a race against
opportunities. Really basic nuts and trends that are reshaping the business markets drastically and fairly quickly.”
bolts. But right from the start, we And that’s what Waste Management does internally: help its people under-
pledged to take a systems approach, stand the demographic trends overlapping the enterprise. “We usually start
with a small group presentation on how the population and society are chang-
looking at many things at the same time.
ing in our local market area. Inevitably, people see a need to change the way
We viewed our behavior from the per- we did business in the past to help us adapt to the changes around us. Minority
spectives of a FORTUNE 200 company, populations are increasing quickly and substantially. The demographics of our
workers and our customers are changing. There is a significant age shift
of a major federal contractor, of a com-
upward. In many areas, it is absolutely necessary to be able to communicate in
munity citizen, and of a talented person multiple languages. It’s vital that all our people come to understand this and
who we would want to work with us. We the implications.
thought about our reputation and what “It is awfully important that our employee composition matches our cus-
tomer base. It’s difficult to serve customers if you don’t understand their
we must do to make careers with us attrac-
needs, sympathize with their wants, and present a familiar and friendly face in
tive to the many people we need to hire. interactions,” Hopkins adds. “We have a measurement system from our diversity
group that provides us feedback on a quarterly basis of how well we are doing.
It’s great.
Understanding, shaping
“With the evaluation system in place and our people challenging us to
processes
improve, I think we’re showing substantially better results already in recruiting,
W
“ hen you look at our company
training and retaining an employee population more in tune with the changing
right now,” says O’Donnell, demographic profile we see.”
“you see a leadership team wrestling out a diverse workforce for both apparent locks us in on five stakeholder groups or
mightily to understand people as cus- and hidden assets. You often don’t know areas absolutely vital to our future: cus-
tomers and as employees, to shape what people can do until they have the tomers, employees, environment, com-
processes to meet diverse expectations chance and the motivation. Letting every munity and shareholders. It directs the
and needs, and to work as a team singu- individual contribute to the best of her way we build relationships with them. It
larly focused on letting each of our or his ability leads to surprising results. helps us understand the powerful societal
people contribute their best toward being I found that out clearly during a recent trends that are shaping our business envi-
a successful local enterprise.” Waste Management team-building ronment. And it allows us to replicate
“In my role,” said Waste exercise. That’s why building effective local team-focused initiatives from coast-
Management CEO David Steiner, “I aim teams—and having the personal know- to-coast.”
the company toward a future horizon how to do so—is such an important A particularly good illustration of
with a vision and a structured plan of business tool today. It’s one we are culti- Waste Management’s style shows in the
how to get there. But more than ever vating all across our Waste Management company’s “Think GREEN” initiative.
before, I see that executing flawlessly on organization.” The theme captures the company’s self-
that plan means acquiring and combin- Larry O’Donnell agrees. “We believe determined responsibility to use its people,
ing skills and assets in a team that is in the systems approach and the business strengths, talents and technologies to better
singularly focused on getting the job platform we have today,” said O’Donnell. the communities it serves. It is communi-
done. At Waste Management, we seek “Our formal strategic business framework cated internally pervasively, including an
Management today are the West Coast, market area operations, located in Waste
“Let’s be honest, we
the Southwest and Florida. Each has Management’s Western Group, were
an overlapping mix of ethnicities, plagued with faults and deficiencies that have to find a way to
lifestyles, customer needs and business seemed to defy solution. There were
have people of different
expectations. never enough drivers for routes. Many
“Let’s be honest,” says O’Donnell, were late for work, or frequently absent. races and genders, with
“we have to find a way to have people of Customer service suffered. Local man-
different ideas and
different races and genders, with different agers felt constantly under pressure.
ideas and approaches, all drive to com- Not a good situation for employees or approaches, all drive
mon successful solutions. Otherwise, customers.
to common successful
we’re going to fall flat on our face as a “Our approach is to first seek to
business. It’s that simple. Fortunately, I understand our people and their solutions. Otherwise,
believe there’s a lot to point to these days problems,” explains Duane Woods,
we’re going to fall flat
that shows how much better we under- senior vice president for the Western
stand these dynamics and how we’ve Group, “so we hosted a series of meetings, on our face as a
shaped our behavior as managers and with both drivers and managers. We
business. It’s that
leaders accordingly.” asked questions, and we listened.
As one illustration, the San Diego Managers went on route rides to observe simple.” Larry O’Donnell
actual market conditions. Then a team quickly and markedly reduced, and there are the relatively prosperous ranch-
formed to look carefully at other work customer satisfaction soared.” ers and farmers. There are Native
processes and how managers communi- Solving the Western Group’s prob- American tribes. And there are distinct
cated with frontline workers. lem taught Waste Management a lot, urban centers, with sophisticated urban
“The facts we found amazed us. according to Woods. “We find a lack of needs and concerns. Overlaid on this, it’s
Drivers were difficult to attract because understanding of different cultures at the an entirely bilingual area, with a good
none could afford to live in the work area. root of a lot of business tensions,” he number of local dialects thrown in for
They were late because they had to drive observed. “If you can move to a state good measure.
almost unimaginable distances to get to where everyone involved shares a com- “To operate a Waste Management
their assignments. What people were mon understanding, if not a common facility there successfully, you need to be
labeling as ‘bad attitude’ was really a lack ground, solutions are fairly straightfor- sympathetic to different issues, and you
of communication between people who ward. Our business today places a pre- need to be able to engage with many dif-
did not share the same language. mium on communicating in terms all ferent cultures.”
“So a team that drew from local peo- people understand and can respond to.”
ple came together to devise solutions. It Commenting on differences among Meeting the challenge
recommended putting bilingual route customer groups, Woods offers New in South Florida
A
managers in place. Appropriate training Mexico as an interesting example. “Waste nother market area with great
was created. They developed a van pool- Management’s Western Group is an oper- cultural challenge is South Florida.
ing arrangement so people did not have ating area with distinct sub-cultures, and With more than 1,300 Waste Management
to drive to work individually. Everything we have to understand them all to pro- employees serving an area stretching from
was communicated clearly in terms the vide good service. There are agrarian Ft. Lauderdale to Miami, the daily
drivers could understand. Turnover was groups, almost subsistence living. Then hurdles to business operations are many.
Caribbean. That’s in addition to under- “My approach to life is shaped by what I saw my grandparents go
through, no question about it. We have an amazing mix of people here in
standing and speaking Spanish and Florida. Many are fairly new to our country, and are trying their best to make
English, too.” it all work. My view is simple: If you can do the job and have a positive atti-
tude, you’re part of my team for a long time.
“One big challenge in South Florida
“What I try to do is lead by example. I believe everyone deserves respect
is maintaining a great workforce. There’s as an individual person, no matter what background. I believe, too, that each
only three percent unemployment here, person has an inherent dignity, and you acknowledge that primarily in the
ways you communicate. Because of the vast geography I cover, I’ve become
and we compete with the travel and
an email and voicemail person—it’s the ‘new technology’ open door policy.
leisure market for essentially the same I try to quickly respond to whoever sends me a message. But I never forget
people. Success comes with showing that face-to-face communication is also important.
“We’re blessed in South Florida to have so many quality people from so
clearly that diversity is simply a part of
many different cultures. What happens is that the right people find the right
WM in Florida, that inclusiveness is not positions Waste Management has in this operating region. It’s absolutely
an add-on, but how we do business here. essential that customers feel comfortable in their relationship with you,
to build the trust you need as a business. We can build that trust each day
“We move a lot of people through because of the effort we put in to matching our people with the cultures
excellent training here, and will continue in the community.”
how work gets done but also of highly People continue sive teams and get people working produc-
personal things like holidays, beliefs and as the center point tively together to accomplish the same
“The center point is people,” says goal. That is what I find most exciting
family relationships.
O’Donnell. “Processes, programs and and gratifying: collecting different skills
“My view is that it’s all about
philosophies are the add-ons, but unless and perspectives to solve a problem or
establishing a sense of understanding and
people are positively touched and make the most of an opportunity.
fairness with customers as well as employ-
engaged, all the action is without much “At the same time, I tell my people
ees. It’s important that we have shared
meaning. that I can’t do it alone. In fact, I won’t do
trust. That’s my operating philosophy
“I’ve always considered myself a it alone.”
in action; that’s how I see Waste
people person,” he adds, “and I encour- “Yes, Larry makes his position very
Management approaching diversity as an
age everyone on the Waste Management clear wherever he goes,” observes
opportunity on all fronts.”
team to be the same. I like to build cohe- Stephanie Valdez, human resources vice
wherever he goes.
us that when you bring don’t have women and minorities at the
38 percent minority and only 14 percent MPNs as a crucial step, but one fraught
female. Among managers, the profile is with sensitive issues. “By recognizing that
for attention in the process,” explains “Exclusion carries a sharp sting,” observes Director of Corporate
Communications Carrie Griffiths, “and just about everyone feels that pain at
Yearwood. To encourage the engage- some point during their career. It might be having an idea ignored. Or not
being invited to a group outing. But it’s important to realize these things
ment of minority managers around the
happen, to learn and to keep charging ahead. Sharing that understanding is
country, Prof. Chris Metzler of Cornell one of the many benefits of our Women’s Professional Network.”
Waste Management’s Women’s Professional Network (WPN) is working to
University’s School of Industrial and
expand its network to include more women at the company. Designed to help
Labor Relations is working closely women professionals build relationships and increase their visibility, WPN
targets the companywide success of women to positively affect company goals.
with the company on the design, intro- Involving leadership from all geographic areas, WPN is an inclusive network
duction and implementation of the that provides a range of opportunities for personal and professional growth.
“Our WPN is a way to channel the collective wisdom of Waste
program.
Management’s diverse women,” adds Griffiths. “Things like negotiating a
This and other initiatives comple- raise, creating a presentation and handling a conflict are all fair game. And the
highly visible support the company gives WPN carries a strong message to
ment O’Donnell’s personal style. “I women that we’re serious about helping each person achieve her full potential.”
make it a point to spend a lot of time in Corporate funding for WPN includes money, time and personal involve-
ment. This substantial investment supports an array of meetings, events and
the field, working directly with people communications at the local level, as well as occasions when it all comes
at all levels,” he says. “Some of the best together corporately. For example, national leadership meetings now bring
together the WPN and Minority Professional Networks where, over several
conversations I’ve had are in garages days, there’s in-depth discussion of business initiatives. Altogether, the
stream of activities is accessible, varied and pertinent.
before the sun comes up. People ask me,
“WPN’s goal is to accelerate women’s professional development and make
‘Why do you do that, Larry? Don’t you women more visible to senior management. And we know how important it is
waste a lot of time?’ I tell everyone it’s to link that to the business and profitability. But what’s even more satisfying
is understanding that Waste Management really wants to embed a sense of
the best use of time I can think of. I inclusion in our company.”
formance scorecard.’ You have to dig Duane Woods, senior vice president,
“Local visits with office teams also let Larry’s taught us all to do, through his
me personalize and further embed our behavior, is to better understand our peo-
diversity philosophy. At one meeting, a ple through the looking glass of the cul-
senior manager talked about a personnel ture in the communities we serve. He’s
change that was planned, asking the sensitizing leaders to understanding dif-
group for candidates. I was pleased to see ferent values, to helping us gauge the dif-
Always more to do
I
believe some really good things
believer that our own people can “Encouraging management to provide an ethical, inclusive environment
help us find the solutions to making is one of the most important things a board can do, I believe. It drives instantly
to attracting and retaining the best possible talent, the very lifeblood of every
us a better company. You just have to
business.
engage them and listen to them, look
“It’s essential that any board ‘walk the talk’ on diversity and inclusion. At
for best practices that already exist,
Waste Management today, the outside board is 25 percent minority and 13 percent
develop a plan, communicate the female, and we always are looking for ways to improve our performance.
plan and expectations, and then “An important thing to remember is that a board’s role is oversight—the
execute it. We see that, I hope, in company’s management is responsible for actually reaching business goals,
much of what we do in diversity— and that includes diversity and inclusion as well. As chairman of the board,
I’m pleased to note that Waste Management’s leaders have no debate on this
addressing specific challenges, letting
subject. They pick up accountability readily. I’m confident with manage-
the best solutions rise to the top, ment’s direction, and can keep my finger on the ‘diversity pulse’ through
and then sharing success across the periodic reports on Waste Management’s progress, both on ethics and
diversity. This clarity and specificity of communication to the board and
company.
to business leaders is invaluable.”
“I’m also very interested in attracting networking diversity and inclusion at frequently, thanks in large measure to the
and keeping women and minority Waste Management. I am very engaged many ways it is embedded in the enterprise.
individuals in our market area general with our Women’s Professional Network “The board’s attention is always to
manager jobs. These positions are the key (WPN), and I want to expand that into maximize shareholder value,” says Pope,
leadership positions of the company. I’m other networks to help us attract and “and the people implications of that view
convinced as well that we need to focus grow our talent.” are the most important thing we do.
on building diversity into our field What has happened to diversity People are truly the most valuable
positions—route managers and district at Waste Management under Larry asset any company has. With the
managers—so we have a pipeline of O’Donnell’s tenure has attracted the portfolio of activities and philosophy
talent for our leadership level. attention of the company’s board, in Waste Management has evolved, we have
“And I want to participate more quite a positive way. Chairman Jack Pope ample evidence that a diverse company is
in communicating the importance of notes that the directors discuss diversity a stronger company.”
PDJ
net income
Profiles in Diversity Journal September/October 2006 41
Interview Lois Cooper Adecco
In today’s marketplace, does able to employ over 20,000 individuals. Does your company address
We have also developed job-readiness
your company have any diversity in its annual report?
training and employment programs for
particular cultural, socio- Olympic athletes to provide them with Is it important to talk about
economic, or demographic part-time employment while training and diversity with shareholders?
challenges to selling, producing, to ease them into the mainstream work- Diversity, changing demographics, attrac-
force when they retire from their athletic tion of a diverse workforce and corporate
or delivering services? What
careers. social responsibility are themes that are
particular challenges do you threaded throughout the annual report.
face in hiring and retaining CORPORATE LEADERSHIP We look forward to developing a diversity
good people? annual report in the future.
We are constantly faced with the shrink-
What resources (financial and
ing labor pool and are tapping into new manpower) are allocated How are decisions about
sources of talent to grow and maintain on diversity? How do these diversity made in your
our business and to meet client needs. reflect your company’s organization? Is there a
leadership commitment diversity council and who
Are there specific programs
to diversity? heads it up? Who participates?
you can tell us about that Joyce Russell, chief operating officer, is on the Diversity is the responsibility of all col-
address this worker shortage? C-suite advisory board of Cornell University’s leagues. Every business decision should
Actually, there are several. Adecco has chief diversity officer’s (CDO) round- consider any potential diversity impact
developed the Renaissance Program table. Adecco is currently participating in a before it is made. Adecco has two diversi-
which is geared toward recruiting workers diversity audit to determine our long-term ty councils—one made up of field col-
55 and older, and we have been recog- diversity strategy. The President and leagues and one which consists of corpo-
nized by AARP for these efforts. In addi- COO formally recognize diversity contri- rate colleagues at all levels within the
tion, we have developed a Career butions of colleagues on a quarterly basis. organization. Each council consists of
Accelerator Program which employs All members of the corporate senior three sub-committees which focus on
military spouses. This is an exciting management team participate as mentors specific goals.
program through which we have been to assist in retaining top performers.
The New Freedom Initiative Circle of Champions Information Exchange was held
at the U.S. Department of Labor in April 2006. Sue Meisinger, who is President
and CEO of the Society for Human Resource Management (SHRM), facilitated a
dialogue between Lois Cooper (center) and other corporate leaders on effective
practices and innovative strategies for advancing employment opportunities for
people with disabilities.
EMPLOYEE INCLUSIVENESS How did they “We salute Adecco for its dedicated efforts in increasing employment opportuni-
How does Adecco gauge help in your ties for people with disabilities and for their willingness to share their successes
and lessons learned with other businesses,” said Dr. W. Roy Grizzard Jr.,
inclusion of employees? professional Assistant Secretary of the Office of Disability Employment Policy (ODEP). The
What are the tests, measure- and first-ever exchange, hosted by ODEP, marks the beginning of a movement to
realize ODEP’s vision—a world in which people with disabilities have unlimited
ments and benchmarks that personal life? employment opportunities—by working directly with corporate leaders.
indicate where the company Are you mentor-
is on the inclusion graph? ing anyone
Adecco uses employee surveys to track today?
employees’ perceptions of progress on I believe in mentor-
diversity and inclusion. We also conduct ing. I have been fortunate to have had How are you (as a manager)
an ongoing review of employee demo- senior African American leaders mentor
graphics as compared with the market-
measured in terms of
me across various organizations. These
place. individuals are extremely professional and
performance? Is your compen-
understand the politics of corporate life. sation related to diversity
How did you get to your This is critical in navigating through an performance?
present position? What was organization. I tried to use each interac- My compensation is directly related to
tion with my staff at work as an opportu- Adecco’s diversity initiative. We measure
your career path? nity for mentoring. the effectiveness of our diversity partner-
After college graduation, I began a job in
ships, for example, by the number of
NYC and decided to go back to graduate
What are your specific referrals for colleague and temporary
school for marketing. I had an opportu-
positions.
nity to develop a training program for responsibilities for advancing
new account executives and changed my diversity and inclusion in your
concentration to management/ human
organization? What are the Are there particular
resources. I have been fortunate to have areas/employee sectors you
been given opportunities in the financial strategies you employ to
services, advertising and entertainment move inclusion forward? feel still need improvement?
I don’t believe that there is ever a final
industries before joining Adecco. I am responsible for driving Adecco’s diversi-
goal where diversity is concerned. We
ty strategy. This includes strategies for inclu-
have to keep raising the bar in all areas of
sion as well as strategies to leverage diversity
Who were/are your mentors? diversity. The ultimate goal is to drive
to drive organizational profit.
What about their business the bottom line of the organization.
skill or style influenced you?
Company: Adecco
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Top Earners of the FORTUNE 500 both • Women were underrepresented as chairs of auditing, compensation, and
increased at a dramatically slower rate than Women Corporate Officers and Top Earners
in previous years. This finding was partic-
• In 2005, women held 16.4 percent of corporate officer positions, compared with
ularly surprising, because we had expected 15.7 percent in 2002, and 8.7 percent in 1995.
the Sarbanes-Oxley Act, demographic
• Women held 6.4 percent of top earner positions, up from 5.2 percent in 2002.
trends, and the pressures of globalization
• Women of color held 1.7 percent of corporate officer positions.
to lead to higher rates of growth. At this
• Women of color were 1.0 percent of FORTUNE 500 top earners.
point, it will take 70 years for women and
men to hold an equal number of seats on • Women were almost two and one-half times as likely to hold staff positions
(71 percent) as they were to hold line positions (29 percent).
FORTUNE 500 boards, and 40 years for
women and men to hold an equal number • Women held 9.4 percent of clout titles, up from 7.9 percent in 2002.
of corporate officer positions. • In 2005, eight FORTUNE 500 companies were led by a woman CEO, up from six in 2002.
continued
workplace. Companies must position their leadership in the same way they position
perspective and expertise, provides role models for future talent, and promotes
Ten Years of Slow Growth izations to increase diversity at all levels. As Nevertheless, women struggle more than
The key findings show that in ten years, Catalyst President Ilene H. Lang explains, men as they climb the corporate ladder.
FORTUNE 500 companies have not “Increased globalization and shifting Why? Our research has found that women
doubled women’s share of board seats or demographics dictate that diversity and face three significant barriers that men
corporate officer positions. The situation the advancement of women in corporate rarely face: gender-based stereotyping,
is far worse for women of color. leadership are strategic business impera- exclusion from informal networks, and a
Furthermore, even among the highest tives that 21st-century companies cannot lack of role models. These obstacles com-
levels of leadership, women are segregated afford to ignore.” bine to restrain women from top positions
into less powerful and prestigious posi- In addition, our study, The Bottom by pigeonholing their talents, restricting
tions—they hold proportionately fewer Line: Connecting Corporate Performance access to essential information, and discour-
board committee chairs, clout titles, and and Gender Diversity (Catalyst, 2004), has aging their ambitions.
line positions. These factors contribute to shown that the FORTUNE 500 compa- The Catalyst Censuses are evidence
the dearth of women CEOs—only eight nies with the highest percentages of that there is a considerable amount of work
FORTUNE 500 companies were led by a women corporate officers experienced, on that needs to be done before FORTUNE
woman in 2005. average, a 35.1 percent higher return on 500 companies will reap the extraordinary
equity (ROE) and 34 percent higher total benefits of diversity. Across all FORTUNE
return to shareholders (TRS) than those 500 quintiles and industries, companies
Diversity is Key with the lowest percentages of women cor- that harbor barriers to the retention and
to Long-Term Sustainability porate officers did. While this study did promotion of women will miss opportuni-
The Catalyst Pyramid and Census findings not prove causation, it showed a strong ties that women’s expertise, skills, and
show that many barriers to women’s correlation between companies that have knowledge could bring to decision-making
advancement are still firmly in place. But diversified their senior management and processes.
there are many business reasons for organ- companies that performed well financially. continued
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