“However, change does not happen overnight. In 2015, I spoke and wrote about companies setting an inspirational 10-year gender parity target. A strategy set by the Committee for Economic Development in Washington D.C., of which I am a Trustee, is to fill every other open board seat with a highly qualified director – a woman. Boards can then achieve parity by 2025. You don’t need term or age limits, just follow the ‘every other one’ strategy. It is a great intentional strategy – and it works.”
Today’s workforce is also multi-generational, creating a complex work environment where Ellig Group is reimagining search to find executives that lead in new ways. “Corporations have four generations in the workforce, Boomers, Gen X, Millennials and Gen Z,” continues Ellig. “This is a new phenomenon. It’s no longer about command and control; it’s about coaching and providing feedback to Millennials and incoming Gen Z employees on a daily/weekly, rather than an annual basis. It is what they look for in their careers; it is what will retain them.