Best and Worst Workplaces for Women Executives

Posted on October 6, 2017 by bermanevansretail

Earlier this week, we reported on research by Great Place to Work. Its 100 best firms for women were cited. Today’s post cites other research. It is broader in scope. And it is global. Best and Worst Workplaces for Women Executives.
 

Background

For 2017, 24/7 Wall St. conducted its own research on women in leadership positions. 24/7 Wall St. is a financial news and opinion company. In sum:

“Despite strides made by women, stereotypes persist and gender equality is slow coming. In 2016, a woman earned 80 cents for every dollar a man received. This was 20 cents more than in the 1960s. Yet , this is still not equitable. The gender gap is greater in senior leadership positions at large firms. Some firms do not have any female executives or board members.”

“To identify companies with the best and worst female representation, 24/7 Wall St. examined data from LedBetter. The latter, created an index of the share of women on the board and the share of women in executive leadership positions at 237 global corporations.”

Best Workplaces for Women Executives

According to 24/7 Wall St., retailer “Chico’s FAS Inc. leads the group with the most representation of females in senior management positions. At Chico’s, women hold 73% of executive positions and are 56% of the board.”

These are the top 10 of the 237 firms reviewed. Several of these 10 are retailers.

  1. Chico’s FAS Inc. Women in leadership roles: 56% (board), 73% (executive).
  2. Etsy. Women in leadership roles: 50% (board), 63% (executive).
  3. H&M Group. Women in leadership roles: 64% (board), 35% (executive).
  4. Kering. Women in leadership roles: 64% (board), 29% (executive).
  5. Best Buy. Women in leadership roles: 40% (board), 40% (executive).
  6. L’Oreal. Women in leadership roles: 47% (board), 33% (executive).
  7. Diageo. Women in leadership roles: 40% (board), 40% (executive).
  8. Target. Women in leadership roles: 33% (board), 42% (executive).
  9. Gap, Inc. Women in leadership roles: 30% (board), 43% (executive).
  10. Prada Group. Women in leadership roles: 22% (board), 50% (executive).
Best and Worst Workplaces for Women Executives. Number one best company. Chico's has the greatest female representation among board and executive positions is women’s retailer Chico’s FAS, Inc., at 56% and 73%, respectively. CEO Shelley Broader is one of the few female chief executives among the largest global corporations.

Source: John Fowler / Wikimedia Commons

Worst Workplaces for Women Executives

With regard to worst workplaces, 24/7 Wall St. says: “Women are inadequately represented in several positions worldwide, most notably within the managerial sector. Only 16 of the 237 companies assessed by LedBetter have female CEOs. Seven of the companies do not have any females in executive positions or on their boards of directors.”

These are the bottom 10 of the 237 firms reviewed. NONE of these 10 are predominantly retailers!

  1. Icahn Enterprises. Women in leadership roles: 0% (board), 0% (executive).
  2. Nissan Motor Corporation. Women in leadership roles: 0% (board), 0% (executive).
  3. Nintendo. Women in leadership roles: 0% (board), 0% (executive).
  4. Kia Motors. Women in leadership roles: 0% (board), 0% (executive).
  5. Energy Transfer Equity. Women in leadership roles: 0% (board), 0% (executive).
  6. Plains GP Holdings. Women in leadership roles: 0% (board), 0% (executive).
  7. Samsung Electronics. Women in leadership roles: 0% (board), 0% (executive).
  8. Toyota. Women in leadership roles: 7% (board), 0% (executive).
  9. Newell Brands. Women in leadership roles: 8% (board), 0% executive.
  10. Panasonic. Women in leadership roles: 8% (board), 2% executive.

Best and Worst Workplaces for Women Executives. Ranked as worst, Icahn Enterprises is a relatively small investment firm with just seven different people in its senior management and board of directors — yet not one is a woman. Icahn Enterprises has also been the subject of a lawsuit related to the company’s treatment of women.

Carl Icahn. Source: https://www.flickr.com/photos/134783492@N06/


 

Posted in Career Useful Information, Careers in Retailing, Part 1: Overview/Planning, Part 5: Managing a Retail Business | Tagged , , , , | Leave a comment

Best Women’s Retail Workplaces

Posted on October 4, 2017 by bermanevansretail

Each year, Great Place to Work ranks the top 100 firms for women. With this in mind, we review its Best Women’s Retail Workplaces.

As examples, these two posts show our prior coverage of gender.   More Senior Women Executives Emerging in Retailing.    Trends in Entrepreneurship by Women.
 

Best Women’s Retail Workplaces

In brief, Great Place to Work used this process for its 2017 rankings.

“[Above all, we] surveyed 400,000+ U.S. employees. And we ranked firms based on four factors. First, Key Work Metrics. We analyzed how women rated their firms. We examined 50 metrics. They included ethics, respect, benefits, and support. Second, Comparison to Colleagues. We compared women and male colleagues. In addition, we looked at data which show women lag their peers. These include access to leaders and recognition. Third, Consistent Experience in a Diverse Group. we checked whether firms were great for all women. This was regardless of who they are or what they do. Fourth, Balance. we considered how many women were in each firm. We looked at the workforce. And we reviewed executive positions.”

And according to Great Place to Work, these are best the best retail-related workplaces. They are listed in rank order.

  • Marriott International.
  • Wegmans Food Markets.
  • Navy Federal Credit Union.
  • Hilton.
  • Build-A-Bear Workshop.
  • Arby’s Restaurant Group.
  • Kimpton Hotels & Restaurants.
  • Sephora US.
  • Publix Super Markets.
  • MOD Pizza.
  • Cheesecake Factory.
  • QuikTrip.
  • Container Store.
  • Hyatt Hotels.
  • Concord Hospitality Enterprises Company.
  • Burlington Stores.
  • Sheetz.
  • Nordstrom.
  • Nugget Market.

 

At this point, click to access the full 2017 report. It cites 100 U.S. firms (including non-retail).

Women Career Options. Best Workplaces. Great Place to Work produces a ranking of the top 100 U.S. firms for women. Click the link in the post to access the full list.
 

Posted in Career Useful Information, Careers in Retailing, Part 5: Managing a Retail Business, Part 8: Putting It All Together | Tagged , , , , , | 1 Comment

E-Mail Popular. Complements New Media.

Posted on October 3, 2017 by bermanevansretail

Experts regularly predict E-mail marketing’s demise. Instead, our title disagrees. E-Mail Popular. Complements New Media. Let’s discuss.
 

Background

In short, computer engineer Ray Tomlinson sent the first E-mail in 1971. During 2017, we exchange 205 BILLION E-mails each day!

All in all, these factors affect the state of E-mail. (1) We send most E-mail through mobile media. (2) Other formats include texts, chats, social media, etc.

These comments represent the E-mail critics’ view. They come from Computing.

“Unified platforms will see chat boom. The vision Fuze lays out is a ‘significant shift’ in instant messaging. It feels E-mail will not dominate. ‘Chat collaboration apps like Slack and Huddle may rule.’ Also, Fuze says this. ‘IM apps are seen as informal tools. For this reason, vital information is shared by E-mail. Integration of chat apps will shift how people use IM. Chat functions will replace E-mail for office communication.'”

In contrast, these links highlight E-mail’s power. 25 E-Mail Marketing Statistics for 2017.   Ultimate Mobile E-Mail Statistics.   E-Mail Statistics 2017. E-Mail Is Not Dead. But IS Changing.    Potent Stats on E-Mail Marketing.

 

E-Mail Popular, Complements New Media

Check out the in-depth infographic from Every Cloud.

“It’s not a new craze sweeping the nation. It’s a rock-solid, time-tested method. It keeps your customers hooked and coming back. With this infographic, you see how effective email marketing statistics can change your business.”

E-Mail Popular. Complements New Media. It's not a new craze sweeping the nation – it's just a rock-solid, time-tested method to keep your customers hooked and coming back for more. With the help of this epic infographic, you are about to witness how effective email marketing statistics can truly change your business.
 

Posted in Global Retailing, Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 7: Communicating with the Customer | Tagged , , , , , , | Leave a comment