Taking a ‘less is more’ approach and leading the pack on gender equity
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Description
On this week's episode, we discuss why businesses should focus on fewer, clearer goals during a period of transformation and which companies made it onto the gender equity nice list. According to the Project Management Institute, the global economy bleeds a million dollars every 20 seconds due to ineffective implementation of business strategies. Companies are pouring billions into strategic initiatives aimed at reinventing themselves, only to watch them crumble under the weight of misaligned priorities and diluted focus. Nine out of 10 transformation initiatives fail to meet their objectives on time or are significantly delayed. Johan Grönstedt, chief product officer at Howwe Technologies, explains why business leaders often fail to grasp the true cost of ambition and how taking a “less is more” approach to strategy and transformation results in more engaged, productive, and motivated employees. While it is likely to take more than 100 years to achieve full gender equality in the workplace, some companies have already set the standard for equality and equity for women in the workplace. We discuss the four companies who, according to the Women in Work Gender Equity Measure Report 2024, have achieved the gold standard on gender equity and the ones who are on their way to joining them. Links: https://www.managementtoday.co.uk/successful-business-transformation-requires-ruthless-focus-fewer-clearer-goals/opinion/article/1890879 https://www.managementtoday.co.uk/four-companies-leading-pack-when-comes-gender-equity/indepth/article/1890066 Credits: Presenters: Claire Warren and Éilis Cronin Producer: Inga Marsden Artwork: David Robinson Hosted on Acast. See acast.com/privacy for more information.
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