STUDY SAYS MILLENNIALS FALL
FOR SOME SCAMS THE MOST MORE
THAN SENIOR CITIZENS.
ALL THAT COMING UP FIRST
TOPPING NEWS THIS HALF HOUR
THE ROAD MAP FOR WORKPLACE
EQUALITY A SURVEY BY GLOBAL
CONSULTING FIRM ACCENTURE
OUTLINES WHAT IT TAKES TO
LEVEL THE CORPORATE PLAYING
FIELD THE RESULTS REVEALED
THIS MORNING FIRST ON FOX
BUSINESS, IDENTIFY THE TOP
FACTORS COMPANIES NEED TO
CREATE A CULTURE WHERE WOMEN
AND MEN HAVE EQUAL
OPPORTUNITIES FOR ADVANCEMENTS
AND PAY JOINING US RIGHT NOW
FIRST ON FOX BUSINESS
INTERVIEW ACCENTURE NORTH
AMERICA CEO JULIE SWEET GOOD
TO SEE YOU THANKS FOR JOINING
US.
>> THANKS FOR HAVING ME BACK
AS WE GET READY TO CELEBRATE
INTERNATIONAL WOMEN'S DAY.
>> INTERNATIONAL WOMEN'S DAY
THURSDAY WHAT IS YOUR SURVEY
FIND IN TERMS OF WOMEN AND MEN
ON EQUAL FOOTING?
WHY DON'T WE SEE MORE WOMEN IN
THE CEO OFFICE?
>> FOR EXAMPLE.
WELL, YOU KNOW, ABOUT WHAT WE
REALLY LOOKED AT RATHER THAN
TRYING TO UNDERSTAND, THE A
LOT OF RESEARCH ON WHERE WOMEN
ARE TODAY WE LOOKED AT HOW DO
YOU ACTUALLY GET A CULTURE OF
EQUALITY SO YOU CAN BEING HAVE
MORE WOMEN IN THE CSUITE WE
FOUND 14 FACTORS CREATE THE
CULTURAL OF EQUALITY THAT
ALLOW WOMEN TO ADVANCE AS WELL
AS MEN, THOSE FACTORS THREE
CATEGORIES, BOLD LEADERSHIP
THINK COMPANIES PUBLIC, ABOUT
THEIR COMMITMENT, CEOs CLEAR,
ABOUT THEIR TARGET, THE SECOND
CATEGORY WAS COMPREHENSIVE
ACTION.
SO THINK ABOUT IT AS EFFECTIVE
POLICIES AND PROGRAM LIKE
HAVING A WOMEN'S NETWORK GOOD
PARENTAL LEAVE THE THIRD I
THINK IS REALLY NOT FOCUSED ON
ENOUGH IS WHAT WE CALL
EMPOWERING ENVIRONMENT WHAT
DOES IT FEEL LIKE TO GO TO
WORK EVERY DAY, DO THEY
REQUIRE YOU TO DRESS IN A
CERTAIN WAY?
IS FLEXIBLE TIME A COMMON
PRACTICE OR VIEWED AS MOMMY
TRAP IN COMPANIES IN A HAVE
THESE CHARACTERISTICS TOGETHER
ALL THREE HAVE WOMEN FIVE
TIMES MORE LIKELY TO ADVANCE
TO SENIOR MANAGER AND DIRECTOR
POSITIONS AND ALSO MEN TWO
TIMES MORE LIKELY TO ADVANCE,
SO AS WE CALL THE REPORT WHEN
SHE RISES WE ALL RISE, REALLY
GOOD FOR ALL.
MARIA: YEAH.
THERE IS ALSO A PART IN THERE
THAT LOOKS AT MEN, AND GIVING
MEN PAID PARENTAL LEAVE
IMPACTS ADVANCES OF WOMEN.
>> ABSOLUTELY, THIS IS
PROBABLY ONE OF THE MOST
SURPRISING FINDINGS WE HAD,
OUR RESEARCH SHOWED THAT IF
YOU JUST HAVE MATERNITY LEAVE
IT ACTUALLY HAD A NEGATIVE
EFFECT ON WOMEN'S CAREER, BUT
FOR THE COMPANY WITH PARENTAL
LEAVE SO MEN WERE ALSO TAKING
OFF IT ERASED THE NEGATIVE
EFFECT ON MEN'S CAREERS WE
THOUGHT THAT WAS A REALLY
IMPORTANT FINDING AND WE SAW
THAT ACTUALLY AT ACCENTURE A
FEW YEARS AGO WE PUT IN A
POLICY WHERE CONSULTING FIRM
WE WERE LOSING WOMEN HAD TO
TRAVEL WHEN THEY CAME BACK
FROM HAVING A CHILD, AND
PARTICULAR, BUT WHEN WE PUT IN
THE POLICY WE SAID, FIRST OF
ALL, IT IS GOING TO BE FOR
EVERYONE, AND IT IS MANDATORY
MEANING, YOU DON'T HAVE TO
OPT-IN BECAUSE WHAT WOMEN SAID
WAS WHEN YOU HAVE POLICIES
THAT LIKE DISPROPORTIONLY YOU
ARE TAKING THE MOMMY OPTION,
IT AFFECTS THE STANDING, WE
FOUND THAT A REALLY IMPORTANT
WAY THAT WE IMPLEMENTED IT WE
HAVE HAD GREAT RESULTS.
>> INTERESTING, YOU MENTIONED
A MINUTE AGO NOT HAVING A
ADDRESS CODE AS PART OF ONE OF
THE ISSUES IN TERMS OF OF THE
ROD MA TO QUALITY WHY IS THAT
SO IMPORTANT?
>> BECAUSE IT IS ABOUT BEING
ABLE TO BE WHO YOU ARE.
>> RIGHT.
>> THERE IS A LOT OF
DISCUSSION ABOUT KIND OF BEING
WHAT IT MEANS TO BE INCLUSIVE,
AND LIKE ACCENTURE CALL IT
JUST DRESS FOR A DAY WHO YOU
ARE FEEL AS IF PEOPLE CARE
ABOUT WHAT YOU ARE AND NOT
SORT OF CONFORMING TO SOME
SORT OF VERSION WHAT HAVE THE
COMPANY WANTS.
>> I AM LOOKING AT STORY RIGHT
NOW, ABOUT THE NUMBER OF WOMEN
THAT ARE GOING TO BE RUNNING
IN THIS COMING PRIMARY, IN
2018, WHEN YOU LOOK JUST AT
TEXAS, THERE ARE A NUMBER OF
WOMEN RUNNING, WHAT DOES IT
TAKE FOR WOMEN TO FEEL THAT
THEY ACTUALLY CAN PUSH,
FIDUCIARY, PUSH, AND GET TO
THE TOP?
I MEAN IT IS IMPORTANT TO SEE
MORE FEMALES IN CONGRESS, AS
WELL.
>> IT ABSOLUTELY IS WHAT IS
INTERESTING WHEN YOU FOCUS ON
COMPANIES IN THESE THINGS WE
SAW A BIG DIFFERENCE IN THE
ASPIRATIONS OF WOMEN TO ACTUAL
BECOME SENIOR MANAGEMENT, AND
THAT IS IMPORTANT TOO.
BECAUSE YOU ARE NOT GOING TO
ACTUALLY HAVE MORE WOMEN
UNLESS YOU ARE CREATING AN
ENVIRONMENT WHERE WOMEN ASPIRE
TO BE IN THE C SUITE I TELL
YOU RIGHT NOW WHEN I AM IN
C
C SUITE EVERY DAY 70% OF
FORTUNE 500 FOR EVERYTHINGS WE
HAVE HAD MANY HERE DIGIT
DISRUPTION ARTIFICIAL
INTELLIGENCE THE TOPIC TURNS
TO PEOPLE AND CULTURE, BECAUSE
THIS IS A TOP CEO PRIORITY,
HOW DO YOU ATTRACT RETAIN
PEOPLE HAVE AN INNOVATION IN
YOUR DNA CULTURE WHAT I AM
MOST EXCITED ABOUT THIS
RESEARCH IS NOT ONLY IS IT
REALLY PROVIDING A ROAD MAP AS
TO HOW YOU ADVANCE MORE WOMEN,
BUT IT IS GOING TO HELP
COMPANIES ATTRACT MORE PEOPLE
98% INDIVIDUALS AT COMPANIES
WITH THESE FACTORS ARE HAPPY
WITH THEIR CAREER PROGRESSION.
>> THE OTHER THING -- I MEAN
THE N ABOUT FLEXIBLE SCHEDULE
IMPORTANT WOMEN HAVE KIDS
WOMEN LEAVE WORK FORCE TO HAVE
KIDS WHEN THEY COME BACK
HIERARCHY HAS CHANGED, AND
THEY SOMETIMES LOSE THEIR
SPOTS.
IN TERMS OF THE HIERARCHY
GETTING TO CEO OFFICE.
>> ABSOLUTELY, THEY ALSO FEEL
LIKE, YOU KNOW, THEY ARE
BEHIND, AND THAT KIND OF GOES
WITH WHY DO I WANT TO COME
BACK WE'VE ALSO FOUND THAT
WHEN YOU ARE TRYING TO RETAIN
PEOPLE MEN ALSO LIKE ABOUT
ABOUT HE CAN FLEXIBLE
SCHEDULES THEY WANT TO BE ABLE
TO BE MORE PRESENT FOR KIDS.
>> GOOD POINT NOT JUST WOMEN
--
>> EXACTLY, AND THAT IS WHY IT
IS SO IMPORTANT AND THAT IS
WHAT OUR RESEARCH SHOWED.
THAT ABOUT FLEXIBLE IS COMMON
PRACTICE.
>> RIGHT.
>> AND DOESN'T MAKE A WOMAN
FEEL LIKE OH, SHE IS IN A
NEVENL SOMETIME SCHEDULE
THEREFORE MUST NOT BE
COMMITTED TO GETTING TO THE
NEXT LEVEL, AND, YOU KNOW WE
FEEL THERE IS A COMPANY
GENENTECH HAS OVER 50% PEOPLE
WORKING ON ABOUT FLEXIBLE TIME
SCHEDULES AND THEY HAVE OVER
50% OF THE WORKFORCE LEADING
BIOTECH COMPANY WOMEN.
MARIA: GREAT COMPANY WE HAVE
SPOKEN WITH MANAGEMENT THERE
NUMBER OF TIMES, A GREAT
SURVEY THANK YOU FOR THAT,
BECAUSE I KNOW WE ALL CARE
ABOUT IT IN OUR AUDIENCE WANTS
TO HEAR, ABOUT SOME OF THE
CHANGES THAT ARE NEEDED IN
TERMS OF CULTURE LET ME SWITCH
GEARS ABOUT ABOUT STRAYED
STORY TARIFFS WE HAVE BEEN
TALKING ABOUT TRADE STORY
TARIFFS WHAT IS YOUR TAKE ON
ECONOMY RIGHT NOW YOU JUST
SAID CONSULTING FOR 70% OF THE
FORTUNATE 400 WHAT IS YOUR
TAKE ON THE WAY BACKDROP LOOKS
RIGHT NOW IN TERMS OF OF THE
ECONOMY, BASED ON THOSE
CUSTOMERS AND THIS NEW
CONVERSATION ABOUT TARIFFS ON
IMPORTS?
>> I THINK WHAT WE'RE SEEING
STILL RIGHT IS THAT THERE IS
STILL A LOT OF OPTIMISM FIRST
OF ALL, THE ECONOMY DOING
BETTER GLOBAL, MANY OF OUR
CLIENTS ARE GLOBAL.
RIGHT?
SO YOOUFLT A GOOD PORTFOLIO IN
TERMS OF WHETHER LOOKING AT
EUROPE U.S., GROWTH MARKETS
YOU ARE SEEING THE ECONOMY, IS
IMPROVING, AND THAT IS
IMPORTANT.
THE U.S. SPECIFICALLY, THERE
REMAINS A LOT OF OPTIMISM AND
REAL BELIEF THAT THE RECENT
TAX REFORM IS GOING TO BE
POSITIVE.
NOW THE NEW CONVERSATION AS
YOU SAID A NEW CONVERSATION,
RIGHT, IS OLD IN THE SENSE OF
WE AS A A BUSINESS ROUNDTABLE
HAVE CONSISTENTLY BEEN SAYING
THAT TRADE IS REALLY
IMPORTANT, AND HAVING FAIR
TRADE AND GETTING THAT RIGHT
IS CRITICAL.
AND SO I THINK WE ARE ENTERING
A PERIOD WHERE WE REALLY NEED
TO MAKE SURE AS COUNTRY, THAT
WE GET OUT RIGHT AND THE
BEGINNING OF THE CONVERSATION
BUT WHAT WE'RE SEEING IN THE
MARKET RIGHT NOW IS STILL IN
TERMS OF LIKE THE UNDERLYING
BUSINESS FUNDAMENTALS OPTIMISM
WHERE WE ARE IN ECONOMY.
>> TALKING TO JIM HENSARLING A