Preview

Women as Buyers: A Case Study of Deloitte's Women's Initiative

Good Essays
Open Document
Open Document
527 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Women as Buyers: A Case Study of Deloitte's Women's Initiative
October 23, 2011
Women in Business
Kathy Tarrant

Women As Buyers

The Women’s Initiative at Deloitte has been a platform for transformational change. There’s a greater appreciation for the contributions women have made to the company. Through the progression of the initiative, the hidden but prevalent potential of women has unleashed and helped restructure the power into the hands of both women and men. Deloitte has influenced the promotion of women into the forefront of business.
The Women as buyer’s component of WIN has fostered new discoveries of how women make decisions. This workshop is designed to help professionals understand the process in which women in the executive role make corporate buying decisions. In these workshops, it is presented that women use different methods of approaching decision making through building trust, client relationships, and paying attention to detail. Because women are emotional beings by nature, WAB offers the opportunity for men and women to enhance client relationships while continually impacting the business as a whole. In my opinion, Deloitte has been a forerunner in pushing women to maximize their talents and utilize their potential for the greater good of the company. The WAB workshops offer a platform for both inside and outside professionals witness and eventually learn of the internal magic women have in easing the buying element. Moreover, these workshops have proven significant results in multiple areas. WAB changed participants’ behavior selling to or engaging women clients in the following ways: 42% acknowledged that rapport with women colleagues was enhanced. 18% indicated better staff male and female interactions. (Deloitte, 2010) The lines of communication with WAB workshops opened a transitional environment welcoming the gender differences in decision making.

“Moving toward equality in career development was fundamental. But as people began to discuss gender issues in workshops, meetings, and



Cited: McCracken, D. M. (2005). Winning The Talent War for Women. In Harvard Business Review on Women in Business. Boston: Harvard Business School Publishing. Deloitte (2010). Women 's Initiative Annual Report

You May Also Find These Documents Helpful

  • Powerful Essays

    For decades intelligent, ambitious, business minded women have had their careers stunted by the boys’ club cooperate glass ceiling that exists in companies all across, not just the United States, but across the globe. Women have had to take a backseat to men even though they have had the same education, training, and drive as their male counterparts. Women have been bashing their heads against the glass ceiling trying to gain access to the boardrooms and CEO offices of cooperate America with the end result being the concussions they have sustained for all their hard work and dedication. It has taken the persistence and hard work of a few pioneer women to finally begin to crack this glass ceiling and ultimately shatter…

    • 2014 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Wells Fargo Strategic Plan

    • 6818 Words
    • 24 Pages

    Wells Fargo accepts center for women 's business research award. (2005). Women in Management Review, 20(7/8), 533-534. Retrieved March 20, 2011, from ABI/INFORM Complete. (Document ID: 968130211).…

    • 6818 Words
    • 24 Pages
    Powerful Essays
  • Better Essays

    has to come up with ideas and take actions to regain their fame. To do this they have to show evidence showing their case of more female in the firm to the pubic. One of the recommendations to do this is to assign more women to more critical, important, and higher positions in the business. Most of the female executives in higher positions usually work in finance, human resources, and social responsibility related positions. The company should assign potential female to strategic roles, like the company board members or senior management.…

    • 959 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Women often face obstacles in both their business and professional lives because of their gender. They tend to make lower salaries than their male counterparts and are less likely to be promoted to executive level positions. Women have been put in the position of feeling the need to chose between motherhood and their careers.…

    • 345 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Business Law Final

    • 2882 Words
    • 12 Pages

    Before the 1900s, women did not have the right to vote and were unable to work in the land of the free. Today, more than ever before, women have proven, through their many accomplishments that they deserve their equal rights in society. Women have demonstrated that they, too, are brave as they fight honorably for America’s freedom. Unfortunately, there is still discrimination shown and proven not only in American women’s every day personal lives but also in business practice as well. However, there are laws in place that attempt to deter and reprimand this type of unethical behavior. Although there is still some discrimination in our society today, women have progressed tremendously through the employment and labor laws enacted in the United States of America.…

    • 2882 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    Fraser, Edie. "Women And Minorities In Business." Vital Speeches of the Day 68.10 (2002): 312. Academic Search Complete. Web. 25 Nov. 2011.…

    • 1809 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    I choose this particular article because I am very interested in gender inequality in business and this article talks not only about how it has formed, but gives a solution to end gender inequality within business. This is very relative to my field of study because I am a female wanting to go into business, hoping that one day I will own or be the chief executive officer of a business. In the article, it gives me helpful hints on how to achieve this dream. Julian starts off with the reasons companies give for not promoting more women. Then she goes into what businesses should be doing because they signed the Women Empowerment Principles, which are supposed to promote gender equality in business.…

    • 1661 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    The role of women in the United States has changed dramatically in the last 50 years. The proportion of women attending college, matriculating from graduate schools, and obtaining doctorate degrees has increased dramatically. No longer are women associated with low expectations both in education and the workforce. Women now seek and receive the highest leadership roles in education, professions, and business. For example, according to Laff (2006), in the banking industry women holds several management positions and in human resource management. Given these significant increases in women-owned business and upper-level management position in and organization setting, one might conclude that this migration of women towards leadership roles has been successful in management positions.…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    This paper will discuss the many challenges that women faced in the workforce. There are not many women occupying the highest rank position in an organization, and those that are fortunate to hold a position there finds it very difficult to break the glass ceiling. This paper will further discuss why this is so, it will give a brief definition of glass labyrinth and glass ceiling, it will focus on transformational and transactional leadership, and it will also discuss management interventions that will support women’s success in the future.…

    • 1455 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Sexism In Military

    • 1019 Words
    • 5 Pages

    “Although in recent years women have increased their representation in the labor market, they remain under-leveraged as a source of talent and leadership in employing organizations in nearly every country around the globe” (Festing). In male-dominated organizations, women are under high amounts of pressure to perform and prevent mistakes (Festing). Studies have also shown that women are more likely to search for a job in a career where they are less likely to be discriminated against; suggesting that women are being intimidated by male-dominated organizations (Polavieja). “Women only constitute 4.6% of CEO positions and 19.2% of board of directors at S&P’s 500 companies” (Festing). A large amount of leadership positions have lower salaries for women than for men with the same job description. This disparity is unfounded and most times detrimental to companies. Research shows that women have positive impacts on company performance due to their unique contributions to decision—making processes and their team building and communication skills (Festing). In fact, female managers are more aware of the importance of giving direct and participative feedback to employees and at the same time are also more open to receiving feedback (Festing). Women are more receptive to reciprocal communication and can concentrate on relationship building within a team, whereas men are more competitive and desire individual…

    • 1019 Words
    • 5 Pages
    Good Essays
  • Good Essays

    It once was thought that male careers were policeman, fireman, and doctors and female careers were nurse, teacher, and care givers. These were and are still to a point the social norms in the society today. However, it is proven that women and men’s are growing and are as capable in reversed roles while keeping their sexual and most importantly their personal identity. If one would look at the data of mixing gender in these careers, one would see that significant advancement has been made because of the changes in paradigms of how we look at careers.…

    • 1591 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Katz, M. (2003, December). The current state of diversity training. Women in Business, 55(6), 26.…

    • 1860 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Team Communication

    • 1183 Words
    • 5 Pages

    Hughes, L. (2003, November/December). How to be an effective team player. Women in Business, 55(6), 22-22. Retrieved from EBSCOhost Research database…

    • 1183 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Should Moms Stay at Home

    • 1978 Words
    • 8 Pages

    Wallis also explores the fact that most work places make it very difficult to be a mother and business woman and how some companies are trying to change this under the heading Building On-Ramps. She states that studies from a sociologist, Pamela Stone on “professional women who have dropped out” show many women are discouraged to see their expensive college degrees going to waste. Likewise, how many women hope more companies start following the trend that PricewaterhouseCoopers is setting? This company is on a mission to make working…

    • 1978 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    In 1996, Pamela K. Martens, Judith P. Mione, Roberta O’Brien, and 22 others filed a class action suit in U.S. District Court, New York, against Smith Barney and former Garden City, New York, office manager Nicholas Cuneo, citing a rash of complaints. These included “intimidation, retaliation, and humiliation,” as well as the lack of fairness in pay, denial of promotion, demotion due to maternity leave, unfairness in distribution of accounts, sexual harassment, and discharge without cause. In May of 1998, Judge Constance Baker-Motley approved a settlement, which had been accepted by 23 of the 25 plaintiffs. As part of the settlement in Martens, et. al. v. Smith Barney (S.D.N.Y., 96 Civ3779), Smith Barney was charged with paying for a study of the issues underlying the suit. The female judge ordered a research project done by “Catalyst or other similar firm,” one which understood the issues under study. Catalyst is the nonprofit research and advisory organization working to advance women in business, with office in New York and Toronto. The leading source of information on women in business for the past four decades, Catalyst has the knowledge and tools that help companies and women maximize their potential.…

    • 1283 Words
    • 6 Pages
    Powerful Essays