#GAReads | How Lilly Is Getting More Women Into Leadership Positions
Much has been written about the troubling lack of women in leadership roles generally and in health care in particular. At Lilly, we have tackled this problem head-on. Our approaches, we think, can be helpful to other companies working to address this imbalance.
In 2015, we conducted a workforce analysis that revealed a significant shortage of women in leadership at our company. Overall, our global workforce was 47% female — and 53% of entry-level employees were women. But at higher levels, the percentage dropped off sharply, plummeting to 20% at the top. While this number was comparable to the percentage of women executives at Fortune 500 healthcare companies in 2015, it was not a number we were proud of. Companies that have gender-diverse leadership deliver better financial performance than companies that do not – so addressing the gap was not just the right thing to do; it made business sense as well.