Mentoring and Sponsoring Relationships Can Boost Women’s Workplace Retention and Success, ISG Says
28 March 2023 - 5:00AM
Business Wire
ISG expert says diverse teams deliver higher
revenues
A mentoring expert with Information Services Group (ISG)
(Nasdaq: III), a leading global technology research and advisory
firm, said mentoring and sponsoring relationships can drive women’s
success at work and increase enterprise revenue.
Speaking during a webinar, “Creating Equitable Workplaces for
Women,” hosted by Built In, an online community and news site for
tech startups, ISG Director Julie Kantor, citing research from the
Center for Talent Innovation, said women are three times more
likely than men to have mentors willing to share experience,
knowledge and skills, but are only half as likely as men to have a
sponsor who advocates for their success with workplace leaders and
decision-makers.
“Women need to build relationships with mentors – someone who
speaks with you – and with sponsors, who speak about you behind
closed doors and champion you to others,” Kantor said. “Ultimately,
women’s success in the workplace is good business. Diverse teams
outperform homogenous teams every time, bringing together a variety
of people, purposes and processes to deliver better products and
services and increased revenue.”
Having a peer, mentor or sponsor who can help understand
workplace political nuances can also help colleagues learn from
each other and build an organization’s multi-generational,
comparative abilities – drawing on the varied strengths of diverse
groups of people, she said.
Citing the Tallest Poppy Study 2023 by Women of Influence+,
which found 90 percent of women feel they are penalized for being
successful at work, Kantor said feeling undervalued and undermined
is causing many women leaders to “break up” with the corporate
world and become entrepreneurs or stop working altogether.
“Significant opportunity exists for women to support each other
in their success,” she said. “With the loss of the proverbial water
cooler connection at work, we’re not coming together as women or as
colleagues enough. We need to rebuild our sisterhood and our sense
of trust, respect and belonging.”
Additional information is available on the event website.
ISG provides mentorship training services as part of its
Enterprise Change practice, which offers clients capabilities in
organizational change management, leadership development,
mentoring, Diversity, Equity and Inclusion (DEI), executive
coaching and culture change. For more, visit this webpage.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 900 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,600
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230327005586/en/
Press Contacts:
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Julianna Sheridan, Matter Communications for ISG +1 978 518 4520
isg@matternow.com
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