The Commonwealth Institute Releases Findings from Massachusetts Women’s Leadership Development Study
The Commonwealth Institute (TCI) has released the findings of its annual Massachusetts Women’s Leadership Development Study. The study was conducted through surveys issued to more than 2,500 companies, and aims to clarify what’s working to develop, retain, and advance women employees in the state. The New England Council was proud to serve as a survey sponsor, with all Council members invited to participate.
The findings from this year’s study identify three vital steps that businesses can take to advance and retain women. These steps aim to help businesses support systematic, sustained progress for women in leadership roles throughout Massachusetts. The first is to assess the environment to understand where women currently sit in the management pipeline. The second step is to create a plan with specific objectives and timeframes for gender leadership equity. The final recommended step is to commit resources to those goals, including closing the gender pay gap.
Elizabeth Hailer, Executive Director of TCI, said, “Our hope is that each year this report not only increases our understanding of what businesses are doing to advance women leaders, but that we’re able to continue to share actionable steps to move the needle and accelerate the number of women leaders in Massachusetts.”
The NEC applauds the Commonwealth Institute’s insightful findings and for its continued commitment to enhanced leadership roles for women, and thanks the Council members who participated in this important research.