Articles of Interest
Nasdaq Plans to Require Listed Companies to Follow Board Diversity Requirements
Forbes
Nasdaq on Tuesday announced it asked the Securities and Exchange Commission for permission to require companies listed on its United States stock exchange to increase board diversity by having at least one woman and one person who self-identifies as underrepresented or LGBTQ and to publish board diversity reports, which would make it the first major exchange to demand companies disclose more than the legal requirements.
Women in Finance Must Ask for Promotion, Unlike Men: Survey
Bloomberg
Far fewer women than men are promoted in the finance industry unless they first ask for seniority, a sign of institutional gender bias, according to a new study in Australia. The survey of 2,000 finance industry professionals showed 76% of men were offered a promotion at least once without requesting it, compared with 57% of women.
Business Still Has Much to Learn on Gender Equality
Financial Times
A quick look at the people at the top of the companies in Germany’s flagship index, the Dax, reveals a depressingly uniform picture: all 30 are dominated by older white men. While companies in countries such as in the UK, the US and Sweden have got better at recruiting their leaders among the most talented women as well as men, German corporations lag behind — despite mandatory quotas for supervisory boards.
Op-ed: Women are Leaving the Workforce in Record Numbers, Crisis Due to Burnout
CNBC.com
The Covid-19 crisis has affected all of us, but not equally. People who have been hit the hardest are those already likely to face disproportionate challenges in the workplace due to their race or gender. That’s why focusing on diversity, equity and inclusion has never been more important. Recent Women in the Workplace study conducted by McKinsey & Co. and LeanIn.org confirms what many of us have experienced firsthand or witnessed within our own organizations: women, particularly women of color, are exhausted.
Dear Fellow White Women in Finance: Hold That Door Open
Morningstar
To my fellow white woman readers, I’m sure you know what it feels like to be the “only” in the room. The only woman on a team, the only woman in a management meeting, the only woman on a committee, or the only woman at a client dinner. Of course, not only do you know how hard it is to be the “only,” but you also know how hard it was to get into that room.
3 Important Lessons on Sustainable Well-being in Leadership
Thrive Global
Recent challenges have triggered much interest in the “epidemic” of employee burnout. Articles and podcasts highlight that 76% of employees will experience burnout at some point in time, offering leaders tips to support their team’s well-being and prevent such ends. However, as is too often the case, such studies fail to address that leaders, too, have limited resources.
