LOS ANGELES--(BUSINESS WIRE)--According to a recent Korn Ferry (NYSE: KFY) survey of CEOs, CHROs and other C-suite healthcare executives, greater gender parity in leadership would have a positive effect on healthcare systems and hospitals. And while the vast majority of healthcare workers are women, more needs to be done to advance women to the top.
Nearly two-thirds (63 percent) of respondents say that compared to 5 years ago, there is more opportunity for advancement for women to senior positions in their organization. However, more than half (55 percent) believe women in their organization have been passed over for a promotion on the basis of their gender.
“According to the U.S. Bureau of Labor Statistics, nearly 80 percent of healthcare workers are women, yet they hold fewer than 20 percent of key leadership roles,” said Katie Bell, Korn Ferry global account lead for the Healthcare Sector. “There is a clear business imperative to creating an environment that is conducive to helping women advance in the healthcare industry.”
Fifty-nine percent of respondents say their organizations would be more profitable with greater gender parity in leadership, and 64 percent say greater parity would result in less employee turnover.
Despite the potential positive impact of gender parity in healthcare leadership, the survey reveals a lack of focus on helping women advance in their careers. Nearly two-thirds (64 percent) rank women development programs in their organization as fair, poor or non-existent, and 76 percent say their organizations do not have sponsorship programs to help women advance.
The majority of respondents (54 percent) believe that women do not self-promote as strongly as men do with the purpose of advancing their own careers, and 62 percent say that women get promoted by working hard and being recognized for their efforts, instead of asking their boss for a promotion.
“To move the needle in having more women in leadership positions in healthcare, there must be a shared responsibility between professional women and their organization,” said Bell. “Key to this is engaging organizational leaders to become more agile and adaptive in how they recognize, support and develop female leaders at all levels of the organization.”
Editor’s Note: For a detailed report on women in healthcare, click here
About the Survey – The Korn Ferry survey was conducted in April 2019 and garnered responses from nearly 200 CEOs, CHROs and other members of the C-suite at healthcare systems and hospitals across the United States.
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Survey Responses: |
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Compared to 5 years ago, is there more opportunity for advancement for women to senior positions in your organization? |
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| Yes | 63 percent |
| No | 37 percent |
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Do you think women in your organization have been passed over for an opportunity or promotion on the basis of their gender? |
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| Yes | 55 percent |
| No | 45 percent |
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How would you rank your development programs to help women advance in their careers? |
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| Non-existent | 17 percent |
| Poor | 18 percent |
| Fair | 29 percent |
| Good | 23 percent |
| Very Good | 13 percent |
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To what extent would you agree with the following: there is a solid pipeline of women leaders across my organization who are being groomed for senior positions. |
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| Strongly disagree | 21 percent |
| Disagree somewhat | 26 percent |
| Agree somewhat | 36 percent |
| Strongly agree | 17 percent |
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Does your organization have a sponsorship program to help women get promoted? |
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| Yes | 24 percent |
| No | 76 percent |
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To what extent would you agree with this statement: Women in my organization self promote as strongly as men do for the purpose of advancing their careers. |
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| Strongly disagree | 21 percent |
| Disagree somewhat | 33 percent |
| Agree somewhat | 29 percent |
| Strongly agree | 17 percent |
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What is the top way women get promoted in your organization? |
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| The ask their bosses for a promotion | 38 percent |
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They are doing great work and are recognized for their achievements without having to ask for a promotion |
62 percent |
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When there is a new job opportunity in your organization, how common is it that a woman is always considered in the candidate mix? |
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| Not common at all | 10 percent |
| Somewhat common | 46 percent |
| Very common | 44 percent |
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Do you think your organization would be more profitable if there were greater gender parity in leadership? |
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| Yes | 59 percent |
| No | 41 percent |
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Do you think there would be less turnover in your organization if there were greater gender parity in leadership? |
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| Yes | 64 percent |
| No | 36 percent |
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We help clients synchronize strategy and talent to drive superior performance. We work with organizations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people.
