Tag: Part time

The 50/50 Cass Experience: Equality means business

Melissa Ridley, Modular Executive MBA, 2016 Cass Business School

Melissa Ridley,
Modular Executive MBA, 2016

Gender equality is so equally distributed on the Modular Executive MBA intake that in particular for the women on this learning experience it is being felt literally as a breath of fresh air. Women from all walks of life and professional backgrounds have signed up to the arduous and rewarding journey ahead to grow their potential.

My fellow classmate, Clair, had just come back from the United Nations (UN) for the 60th Committee on the Status of Women (CSW60), flying back into London directly to attend the induction weekend. The theme for this year’s CSW is women’s empowerment and sustainable development. Two weeks are dedicated to bringing Government delegations and NGOs together from most parts of the world to address women’s human rights.

It was the first session of the commission on the Status of Women since the adoption of Agenda 2030 with its 17 Sustainable Goals, including SDG 5 conference on Gender Equality, which took place on 1 January 2016. An ongoing part of this work has involved The Women’s Empowerment Principles (WEPs) (www.weprinciples.org) which are a set of Principles for businesses offering guidance on how to empower women in the workplace, marketplace and community.

The Principles emphasise the business case for corporate action to promote gender equality and women’s empowerment and are informed by real-life business practices and input gathered from across the globe. The Women’s Empowerment Principles seek to point the way to best practice by elaborating the gender dimension of corporate responsibility, the UN Global Compact, and businesses role in sustainable development. As well as being a useful guide for business, the Principles seek to inform other stakeholders, including governments, in their engagement with organisations.

Clair says “From the UN to Cass, the induction has been an empowering experience as a woman who deals with inequality in the workplace to see reflected in my cohort the 50/50 experience. The initial experience has felt balanced, productive and supportive, it was fascinating for me to hear the men on the course in initial conversations saying how much they sought out having a female manager in their workplace, as they often had a positive, growing and nurturing experience which had helped them to develop professionally. In this balanced gender cohort experience, I can truly say a he4she climate has been achieved”. 

Clair Rees, Modular Executive MBA, 2016

Clair Rees,
Modular Executive MBA, 2016

More than 1190 business leaders around the world have demonstrated leadership on gender equality through the Women’s Empowerment Principles (WEPs).  The Cass MBA has pinned its gender equality flag to the mast showing true signs of business leadership with the cohort gender integration we are proud to be a part of within its innovative history as executive students.

In the UK the Government under the leadership of Nicky Morgan – Minister for Women and Equalities in collaboration with the select committee on Women and Equalities has currently launched an inquiry on Women in Executive levels. The scope of the inquiry seeks to address significant under-representation of women in executive levels. For example, less than 10% of FTSE 100 companies have a female CEO. It will look at 1) The situation for women in senior roles 2) The barriers to women achieving senior positions 3) The measures being taken by organisations to improve the situation & 4) Actions the Government should take in this area.

“I have experienced that the City is a great place for women to start their careers”

But what is it really like for the working woman of today?

Today, women make up 60% of junior managers, 40% of middle managers and 20% of senior managers and I have had the fortunate experience of working with the City for the last handful of years. I have experienced that the City is a great place for women to start their careers and I experienced a place of evolution from long standing institutions opening their doors and welcoming female CEO’s to a place aligning their HR strategies to incorporate the modern working woman. The city is such a hub of activity for networking, with networking accounting for nearly 80% of the succession of business we do today, networking brings benefits such as future opportunities, advice, engagement and inclusion into the business world the value and importance of women at such events should not be underestimated.

However it cannot be overlooked that there is still some challenge ahead to attract talented women to leadership roles. Research shows that only a third of ‘top’ jobs are currently filled by women in the UK. By 2018 UK Government has pledged that all companies with over 250 employees to disclose their pay gap of which statistics suggest is still at a large 19%. Bonuses will be included in the figures to make sure a light is shone on pay disparity in City firms, where there is suspected to be a particular problem with pay inequality.

Of course transparent reporting of pay at every level will tackle the glass pyramid that stifles potential and productivity in business however there is some apprehension from those that believe such disclosure could encourage large loss claims on equal pay in a sort of ‘ no win no fee’ type culture. However critics to this would say why this should be an issue with the Equal Pay Act firmly embedded.

But from the offices of the City into the classrooms of Cass it has been a fantastic to see their response to the evolving changes of the market. In particular the society correlated by Cass to address some of the challenges faced above. I am proud to be part of this year’s 50/50 cohort, one of my main drivers for choosing Cass was its level of diversity and it has been engaging and refreshing to see this work throughout my cohort.


Visit our website for details about our Full-time and Executive MBA programmes or our various scholarships for women in business. Alternatively you email our MBA recruitment team at cass-mba@city.ac.uk.

cassmbalondon.com

INTERNATIONAL WOMEN’S DAY – HOW I SUPPORT WOMEN IN BUSINESS

In a climate where there is considerable interest in wider issues relating to women in business and the relevant drivers, I believe that International Women’s Day is a day for us all to reflect on not just women but the growth of our nation as a whole and its relationship to the world. Understanding what is good for women is to understand what is good for business.

Healthy societies equals healthy workforce which is key to good business and astute decisions being made with integrity. Women entrepreneurs are acknowledged to be effective in enhancing the economy generally, and evidence indicates that women-owned businesses have a beneficial community impact.

Unlocking this potential for myself holds a poignant moment of reflection on this year’s International Women’s Day. This year I have been given the opportunity to develop my own potential by beginning my MBA with Cass Business School and its Modular Executive MBA.

In taking this on, I am delighted to have been awarded Cass’s ‘Women in Business’ award. Not only does this help to reduce my fees but allows me to advocate for the role of women in business. All the world’s a stage, and it’s up to us to decide how to use it.

I feel an MBA will help me to  find better solutions and business models to bring business, local Government and Charity together to find effective ways of social financing to support corporate social responsibility which is good for business and community.

One issue and one message I wish to impart on International Women’s Day is to highlight the growing driver of maternal mental health. As Executive Director for the organisation Parent Infant Partnership (PIP) UK and as a senior parliamentary researcher my day job is concerned with mental health and in particular the minds of women in the antenatal and postnatal period of pregnancy, birth and parenthood. It is a growing concern to many about how well we are supporting this driver of the wellbeing of parents to be in the workplace and community life.

In the context of mental health shocking statistics show a far reaching impact for women and their families, and indicate why this is truly everyone’s business:

  • More than 1 in 10 women develop a mental illness during pregnancy or within the first year after having a baby
  • Over a third of domestic violence begins in pregnancy
  • Suicide is one of the leading causes of death for women during pregnancy and the year after giving birth
  • Taken together, perinatal depression, anxiety and psychosis carry a long-term cost to society of about £8.1 billion for each one-year cohort of births in the UK

Attitudinal change is required to tackle this issue

This is not just about supporting parents to be in our workplaces but reducing the impact upon the next generation who will equally be the future workforce in our business, corporations and stock markets. Mental health in the marketplace matters and perhaps no more for women in particular in the perinatal period.

Earliest relationships matter for future workforce matters and it is why supporting women and their families in the perinatal period is key to tapping into workforce potential. James Heckman, the Nobel Prize winning economist advocates through his research at the University of Chicago which promotes models for growing human potential – that the biggest bang for your buck lies in investing into our earliest relationships.

Leading economists have joined forces to advocate for business investment through social responsibility into community ventures which nurture the earliest years for the future workforce. It is in the interest of each business to get on board and strategically position its social responsibility to reap benefits from human potential and growth in its future dividends.

It is relationships that matter to the marketplace – why not begin by investing into early relationships in which the earliest foundations of our minds are laid which grow potential for a business mind of innovation, ingenuity and productivity.

I believe women are key to sustainable and productive communities – growing their potential grows relationships and community potential. Business must offer further flexibility and see within their profit making margins that the image of healthy relationships equals a healthy society equals good for business. This is how I am going to use my stage.


 

Clair Rees
Modular Executive MBA, 2016 Cass Business School

Are you ready to transform your career with Cass Executive MBA?

New Year is always a good time to think about your next career move. Whether you are looking to accelerate your career or change direction, the Cass Modular Executive MBA programme will help prepare you for your next business challenge, taking you on an unforgettable transformational journey personally and professionally.

Delivered over a long weekend (Friday to Monday), once a month over a 24 month period, the Modular Executive MBA programme gives you the flexibility to work full-time yet acquire new business skills, knowledge and expertise which you can apply in your work place immediately.

With over 20% of the current class commuting from Europe, our city location with excellent transport link is a great option for those based outside of London.

 “I was motivated to do the Modular Executive MBA as I wanted to consolidate what I already knew and add new, more structured ways of looking at the world of business. I selected the Modular Executive MBA because of its practicality, given I was already working long hours and travelled internationally for business, the monthly weekend option was more feasible. The programme gave me an opportunity to put some of what I had learnt in my existing career and in the lecture rooms at Cass, into practice. I was promoted shortly after completing the Executive MBA. It was hard work, took great commitment and sacrifice, but if I had to do it again – without a doubt, I would”.IMG_3862_APPROVED

Shelley Doorey-Williams, Modular Executive MBA alumna (2011-2013)

Head of Wealth Planning and Sales Management, UBS Wealth Management

 

We have a limited places left for March 2016 entry. If you are interested, please get in touch.  I can provide you with personalised feedback based on your experience; advise on your eligibility to the programme; walk you through the admission process and answer any questions you may have. I can also arrange for you to come and sit in on an Executive MBA class and put you in touch with an EMBA alumni.

Are you ready to transform your career?

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