![]() ![]() We recognize the need for a long-term approach that aims to empower women leaders and support those at diverse points in the pipeline.To address these issues of women’s participation and leadership roles in the financial services industry, 100 Women in Finance adopted a guiding principle we call Vision 30/40: the goal for women to occupy 30% of senior investment roles and executive committee positions by 2040. The gap further continues between women in senior leadership roles and in the C-suite, currently standing at 9% but likely to widen to 14% by 2030. In 2019, that number was projected to be 31%. However, it is projected to grow to 28% by 2030. Organizations in banking, capital markets, investment management, insurance, and real estate are again reminded of the specific steps they have taken-and programs they are impelled to continue-to train and mentor female staff, develop a pipeline of talent, and promote women into senior management and C-suite roles.Īs presented in this fifth installment of Within reach, Deloitte notes that even with a recently increased focus on DEI initiatives, the proportion of women in leadership roles within financial services firms 1 has modestly risen from 22% to 24%. Tapping the return-to-work talent pool.Leveraging the multiplier effect, whereby one woman in the C-suite is correlated with three women in senior management roles.Ensuring the visibility of women, regardless of their in-office or at-home work environment.Implementing gender equity policies to hire, retain, and promote women.Today, as companies now move to a hybrid work environment, wherein some staff are primarily in the office while others largely work from home and occasionally schedule in-person meetings with colleagues and clients, the essential issues of 2019 remain: Looking back, the recognized abilities of women leaders to drive collaborative activity have proven especially effective in the remote work environment. However, as Deloitte notes in Within reach 2021, it also shifted a closer eye by firms toward broader corporate responsibility, embedding diversity, equity and inclusion (DEI) elements into their strategies, policies, and overall missions. The unprecedented challenges seen by the pandemic may have slowed the momentum we had seen toward gender parity in leadership roles. ![]() Then came COVID-19, straining the resources of organizations, management teams, and individual employees around the world to maintain communication, productivity, and personal lives when nearly everyone was confined to their residences. Two years ago, Within reach 2019 offered a cautiously optimistic outlook on the career advancement and leadership opportunities for women professionals at financial services institutions. Alison holds a Bachelor of Science degree in Industrial and Labor Relations from Cornell University and a Master of Arts degree in Organizational Psychology from Columbia University. Alison is also a passionate advocate for women’s leadership and development and a co-sponsor of several gender equity initiatives, including Deloitte’s industry-focused collaboration with The Female Quotient and Within Reach? Achieving Gender Equity in Financial Services, a research series from Deloitte’s Center for Financial Services that analyzes the rise of women in leadership positions in the financial services industry. During her more than 20 years of experience, Alison has specialized in creating authentic connections and providing offerings and services to help solve client challenges across a range of topics from strategy development to organizational dynamics to leadership advancement to team optimization. ![]() As marketplace leader, Alison champions the Deloitte brand in Richmond, oversees hundreds of local professionals delivering services in audit and assurance consulting tax and risk and financial advisory and helps drive the Richmond practice’s strategy for growth, client service, talent, and operations. Alison is the marketplace leader for the Richmond practice at Deloitte LLP and a managing director, lead client service partner and client relationship executive. ![]()
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