Growing Women Leaders

About Akron Children’s Ranked a Best Children’s Hospital by U.S. News & World Report Magnet® Recognition for Nursing Excellence Largest independent pediatric provider in northern Ohio 2 hospital campuses 50+ locations offering primary care, specialty services and urgent care 6300+ employees With more than 1.1 million patient visits each year, we’ve been leading the way to healthier futures for children and communities through expert medical care, prevention and wellness programs since 1890.

Women Leaders Summit County (Women’s Network data) 50% of workforce 3-5% of CEOs 79% income One THIRD of businesses have no women in senior management Women owned firms are now 30% of all enterprises Summit County (Women’s Network data) <30% Women Leaders in private companies 75% income 41% on non-profit Boards (48% nationally) 70% judicial seats (33% nationally)

Leadership at ACH 5,621 total employees

Leadership at ACH 405 Leaders at ACH

63% believe there are more senior leader opportunities for women than five years ago Only 33% feel senior leaders supported efforts to advance women Only 23.3% believe there is gender pay equity 47.4% believe compensation is not tied to Diversity and Inclusion goals 49.2% believe promotions are based on merit 32.4% have experienced gender discrimination, 55% say women have been overlooked for a promotion due to gender 26.4% have experienced sexual harassment *Modern Healthcare, August 12, 2019; May 2017 & 2019 Women in the Workplace

Employment for Women Increasing faster than men Tight Labor Market Growth in Service Industries Studying more – Children Later (only child-bearing increase was women >40 years) *Women at Work, Akron Beacon Journal, June 4, 2019

Translate and Celebrate Success

Women score higher on 12 of 16 leadership competencies 10 are statistically significant Nurturing Competencies Develop others Motivate others Relationship building Collaboration Team work Non-nurturing Competencies !MOST POSITIVE! Initiative Integrity Driving for results *”Women are Better Leaders” Business Insider, Jan. 24, 2014 *HBR, March 15, 2012

Increased effectiveness with age Peak at 60 The gap of 9% narrows Why? Work twice as hard as men to demonstrate competence Continue to listen to feedback after age 40 *”Women are Better Leaders” Business Insider, Jan. 24, 2014 *HBR, March 15, 2012

So why are women held back?

Leadership Development Effective All levels For CEO Operations Finance Governance External Relations *Women CEOs Speak” Korn Ferry Institute, 2017

Top 5 Workplace Initiatives to Advance Women in to Leadership Formal process for harassment (19.34%) Flexible work schedule (16.9%) Paid parental leave (11.87%) Training on eliminating bias (11.79%) Organization-wide diversity goals and metrics (10.86%) *Modern Healthcare, August 12, 2019

CEO Role Differentiating Skills Preparation Engage and Inspire Develop Talent Build Effective Teams Direct Work Courage Manage Ambiguity Preparation Build Credibility Broaden Experience *Women CEOs Speak” Korn Ferry Institute, 2017

Culture Establish Maintain Manage

Use structure and process that matches your culture 8 Culture Styles Caring Purpose Learning Enjoyment Results Authority Safety Order

Or the Culture you need to move forward Most common for healthcare Caring Purpose Women Leaders ? Select leaders who align with the culture target

How to support effective development of women leaders

Forbes 13 Suggestions Have in-house champions Be transparent about wanting to change the number of women leaders Acknowledge and reward different leadership styles Change process-remove names from applications, equal pay, reward outcomes Understand your bias Candid dialogs between men and women Encourage women to take the leap

Forbes 13 Suggestions Build new roles for women Stop pay disparity and gender gap Change more processes Child care Flexible hours Mentoring programs Start at the top Have more options for women Teach women how to contribute as girls

Tips to Support Women in the Workplace Making sure ideas are heard Celebrating accomplishments Encouragement to “go for it” Receiving direct feedback Being Mentored and/or Sponsored Balance being a leader and team player Be a part of a women’s network Pull women up the ladder Tips to Support Women in the Workplace

Characteristics of Women who support others Super big-hearted, compassionate and kind. Wise beyond years Very smart Cares so much—has passion for mission Super hard-working Accomplished in her own right Humble

How can you be a role model for other women leaders? Encourage Encourage women to speak up Teach Teach women to navigate conflict Encourage women to own their success Inspire Inspire women to “go for it” Celebrate Celebrate women’s leadership Share Share your story