What we are reading: McKinsey’s Women in the Workplace

Gayle Capozzalo, executive director of The Equity Collaborative, an initiative of The Carol Emmott Foundation, shares her thoughts on the McKinsey’s Women in the Workplace study that came out in September 2021:

McKinsey’s Women in the Workplace, the largest study of the state of women in corporate American, published its 2021 report in September 2021.  A year and a half into the COVID-19 pandemic, women have made important gains in representation, especially in senior leadership, but the pandemic continues to take a toll.

Women are rising to the moment as stronger leaders, taking on more work, and more often doing more to support DEI efforts and be allies to women of color. They are not being recognized for this work.

There is also a disconnect between companies’ growing commitment to racial equity and the lack of improvement in the day to day experience of women of color.

The path forward is clear.

Organizations need to take bold steps to recognize and reward women leaders who are driving progress and they need to do the deep cultural work required to create a workplace where all women feel valued.

The full report can be found at https://www.mckinsey.com/featured-insights/diversity-and-inclusion/women-in-the-workplace.