Across the globe, people recently celebrated International Women’s Day on or around March 8. IML hosted almost 2,000 attendees and engaged 25 speakers across five events in four days for our International Women’s Day Great Debate.
IML has been a proud supporter of International Women’s Day in Brisbane for the past 19 years and we successfully launched IWD events in Melbourne and Sydney last year. This year we also launched events in Sunshine Coast and Toowoomba.
We’re excited about the opportunity to expand the reach of these events to more locations in 2017.
Initiatives such as IML’s International Women’s Day Great Debate bring the gender diversity discussion to the forefront. It gives us an opportunity to discuss the importance of gender diversity in the workplace.
So why do we need a day dedicated to women?
At the Institute of Managers and Leaders, we believe that a diverse workplace – a workplace based on the principles of gender equality – is critical to the success of a business.
And it’s not just IML that believes this. This view is backed up by numerous large scale studies in employee retention, well-being, culture and engagement.
At the 2015 World Economic Forum in Davos it was estimated that – at the current pace of change – true gender parity will finally be achieved in 2133.
Interestingly, at the previous World Economic Forum in 2014 the designated year of parity was 2095. In terms of gender equality, things are getting worse, not better.
In fact, in the course of a single year – a mere 365 days – the journey towards true gender parity had slipped back 38 years.
How about these statistics?
- Only 22% of Board Members of ASX200 Companies are women.
- 11% of ASX200 companies have ZERO women on their Boards
- On average women earn 17.3% less than men for equivalent roles
- In the Financial Services sector the gender pay gap is closer to 20%
These statistics present a challenge to all of us; a challenge that is best tackled by a collective force. That’s where the Institute comes in. IML believes that Diversity Matters.
IML Chief Executive David Pich has said diversity matters from the boardroom to the shop floor and it matters in ASX listed companies, and small business.
“Diversity matters because a diverse workforce reflects the diverse nature of Australian society,” Mr Pich said.
“IML has supported International Women’s Day for almost 20 years. Whilst progress has been made during this time, there’s still lots to do to see a workplace that is truly gender balanced.
“There are still too few women in leadership positions and those who ‘make it’ often have to overcome obstacles that, in IML’s view, are easily removed.
“IWD shines a spotlight on the issue of gender diversity and the IML Great Debates, whilst engaging and in a sense a little light hearted, project a crucial message; Diversity Matters,”
With so many stand-out moments, the Great Debates were a great opportunity to engage with our Members while supporting some amazing grass roots charities.
In Melbourne, $4,490 was raised for Aboriginal Family Violence Prevention & Legal Service, in Sydney $8,170 was raised for Manly Women’s Shelter, and $31,540 for Micah Projects in Brisbane. That’s a total of $44,200!
Thank you to everyone who contributed to this outstanding event. IML’s vision: Creating better managers and better leaders for a better society – is not possible without the support and collective voice of you, our Members.
We’ve pulled together the action across Brisbane, Sydney and Melbourne through a collection of your tweets and post on social media which you can view here.
The Institute of Managers and Leaders formerly known as The Australian Institute of Management Group Ltd.