The research is clear: there’s an urgent need for gender parity in the global labor force. BCG helps clients achieve this critical goal and promote gender equality throughout their organizations.
Increasing the number of women in the workplace improves outcomes for all levels of society. Building gender-inclusive workplaces unlocks greater prosperity, heightens resilience, and boosts socioeconomic progress. BCG’s gender equality consulting can help organizations close the gender gap in their workforces to the benefit of individuals and institutions everywhere.
When more women participate and succeed in the workplace, everyone benefits.
Individuals and Families
Dual-earner households have access to diverse income sources, earning 83% more than single earner households, on average
Companies
Diverse leadership teams lead to a profitability increase of nine percentage points
Social Progress
Closing the gender gap on labor force participation has the potential to increase a given country’s GDP dramatically, up to 80%
The data is compelling, and most corporate leaders now understand that companies must strive for diversity if they want to acquire and retain talent, build employee engagement, and improve business performance. But for all the programs and efforts under way, few have been successful in closing the gender gap in work participation. Understanding what to do—and how—to achieve gender parity poses a considerable challenge.
With so much at stake and so many obstacles to overcome, clients turn to BCG for our deep expertise in driving measurable change in gender diversity and inclusion.
Recruiting is the sole focus of many companies’ gender equality efforts. BCG can help widen this lens while also delivering results in the areas of employee retention, advancement, and leadership commitment to diversity and gender inclusion.
We achieve these critical goals by working alongside clients to identify the current state of gender equality at their organizations. After drawing a strategic roadmap, we help our clients stride toward a more inclusive future.
Our holistic approach focuses on five building blocks for improving and accelerating diversity and inclusion initiatives. Using our Diversity and Inclusion Assessment for Leadership (DIAL) tool we help our clients:
Understand the starting point.
When it comes to gender issues, leaders’ beliefs don’t necessarily align with employee experiences. We uncover the truth.
Clarify the gaps.
We gather detailed data and deploy advanced analytics to assess the problem and set targets that will transform the organization.
Focus on inclusion.
We help frontline leaders build and sustain diverse, inclusive organizational cultures.
Implement the right interventions.
We draw on our extensive research to identify the most effective gender equality solutions, tailor them to the unique needs of each organization and workforce, and embed them in the business.
Track clear metrics.
We arm our clients with the measurement tools they need to monitor and advance their progress toward greater gender diversity in the workplace.
BCG’s North America Center for Inclusion and Equity
We help companies reimagine their business strategy in a way that eliminates systemic bias, sparks broader social change, and creates competitive advantage.
Sharon Marcil, BCG North America Chair, and Jenny Abramson, Founder and Managing Partner at Rethink Impact and BCG alumna, reflect upon challenges in today’s economic environment and addressing gender inequality in venture capital.
Watch the Full Interview
We are committed to removing the barriers women face at all levels in order to empower them to unlock their full potential. That’s why we are partnering with financial institutions to ensure women have equitable access to capital, driving solutions to address underfunding in women’s health care, and building programs that improve women’s workforce experience.
The Female Quotient's Shelley Zalis discusses the impact of disruptive tech on gender equality. Addressing biases in AI and promoting women in leadership are paramount to achieving an “algorithm for equality.”
Grundfos, the largest pump manufacturer in the world, has valued diversity in the workplace for decades; today, it is ramping up its DEI efforts, with a focus on gender diversity in manufacturing, LGBTQ+ inclusion, mentoring programs, and more.
Working caregivers—particularly women—left the workforce in record numbers during the pandemic. Now they're returning to work, and companies must deliver the support employees need to make the workplace inclusive and sustainable—or risk losing top talent again.
Female leaders in technology reveal what companies—and women themselves—can do to expand gender diversity in tech leadership.
