Sandra felli presentation

Building a

Successful Culture

supporting female

career success

Challenges or obstacles

We all know ...

• The importance of keeping

women in workforce

• The value of women in

leadership

• The challenges & opportunities

of partnership structure

• Roadblocks to increasing

women in leadership

We CAN do more!

• Collaboration, inclusion

& engagement

• ASX guidelines hold

companies accountable

You may be

wondering...

• Why me?

• Moore Stephens is a

work in progress

Here‟s what we‟ll talk about

• The latest facts and figures on women in

leadership

• What Moore Stephens is currently doing

• What we will do to move forward

Women are more

educated

• Undergrads around

51%

• Professionals 49%

Government policy supports women to work

• Child care funding

• Paid parental leave

ASX now requiring reporting

• On numbers of

women in executive

positions

• On objectives and

strategies to increase

numbers

Still not enough women participating• 57% of graduates left

workforce

• May start own

business

• May come back to

work part-time

• Many off the career

track

Why is this an issue?

• Labour Pool – retain

talent

• Market

• Governance

• Bottom line

• “Makes Business

Sense”

How do we measure

up?

Here‟s the „bottom line‟

• Entry level Accountants 37%

• Supervisors 43%

• Managers 30%

• Associates 0%

• Partners 25% (10%)

Reviewed what we were already doing

• Reviewed Processes

• EEO

• Recruitment &

Selection

• Flexibility

• Training opportunities

• Repositioned career

interruption

• Mentoring Program

• Work from home option

• Value of all personality

types - not just „A‟ type

• Personal Development

Programs

• Executive role rotation

Reviewed what we were already doing

Assessed our EEO policies

• Typical EEO policies

• Flexibility to support family

commitments education, health or

retirement commitments

• Open Door Policy

Value of Women Networking Program

• Women need business networks

• MSSW networking events

- Women Golf Days/ Golf

Training Clinic

- Sponsoring Women In Business

Events with Key note women

speakers

- Boardroom Lunches for

executive women

- Local business & industry

networks

- Business network for under 40‟s

Key learnings from review

• Flexibility is implemented on an

ad-hoc or case by case basis

• Vision, Values, Culture and

behaviours not in alignment nor

with EEO

• Networking not understood or

valued

• Without alignment, missing

opportunities to engage and

guide employees and reduce

the possibility of discrimination

We took a read on Culture & Behaviours

We strengthened our Vision ... collaboratively

• A great place to work

• A Leader

• One Firm approach

Employees defined what it meant to them

• A great place to work

• A leader

• One firm approach

• Collaboratively

Of importance to women, the Moore Stephens Vision includes• identifying and mentoring future

leaders

• embracing work/life balance

• encouraging individual & diverse

contribution

• actively contributing to the

community

We recognised what is important -VALUES

to support

our vision

• Community

• Accountability

• Respect

• Excellence

Employees defined what behaviours represent the values.

• Community

• Accountability

• Respect

• Excellence

We measured engagement

• Cultural Survey

• Identified keys to

move forward: gender

/ division / skill level

Summary and moving forward• Foundations and

structure

• Working with MS

Australia network

Bring our culture alive!

• Developing values &

behaviours at leadership

level

• Persistent change

management from the top

down

• Formalise flexibility &

transparency

Bring our culture alive!

- Implement Leadership

Development Program

- Enhance Visibility of

Commitment to gender

parity

Network development

• Ensure importance of

networking

understood

• Network training

• Develop strategy &

consistency

• Identify & address

obstacles

• Equal Opportunity

requires “real”

commitment to change

• We are heading in the

right direction

It‟s a work in progress!

Putting it all together ...

• Despite efforts,

change happens

gradually

• Not about giving up;

about identifying gaps

and barriers and

working smarter

• Whatever you can do, or dream

you can, begin it. Boldness has

genius, power and magic in it.”

• Johann Wolfgang von Goethe

It‟s time we all played a bigger game

“Growth of Talent Pool”

•Together we

can change

the gender

balance within

professional

services firms

Any Questions?