According to a recent report by the World Economic Forum, it will take 100 years to close the global gender gap. Several business leaders, however, have more ambitious goals in mind. Janice Ellig, CEO of The Ellig Group and Chair of The Breakfast of Corporate Champions, as well as Rodney Martin, CEO of Voya Financial, join us to discuss the keys to closing the gap at a faster pace.
A recent report by the WEF revealed the U.S. has fallen four spots in the rankings for gender equality. Ellig says it's a matter of other countries advancing more rapidly. She says the U.S. isn't taking the opportunity to put women into top-level business and political positions. Both the government and corporations need to start paying attention, says Ellig.
Voya Financial is one company helping close the gap. Martin shares how his company has reached gender parity in the C-suite and its board. The CEO explains how it's not only the right thing to do, but it's actually better for business. He says the diversity of thought and stronger earnings are no coincidence.