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HD6060-.A84-2008-PDF-Athena-factor-Reversing-the-brain-drain-in-science,-engineering,-and-technology

HD6060-.A84-2008-PDF-Athena-factor-Reversing-the-brain-drain-in-science,-engineering,-and-technology

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The <strong>A<strong>the</strong>na</strong> Factor: <strong>Revers<strong>in</strong>g</strong> <strong>the</strong> Bra<strong>in</strong> Dra<strong>in</strong> <strong>in</strong> Science, Eng<strong>in</strong>eer<strong>in</strong>g, <strong>and</strong> Technology<br />

HBR Research Report<br />

Chapter 10: Cutt<strong>in</strong>g-Edge Corporate Initiatives<br />

Reth<strong>in</strong>k<strong>in</strong>g <strong>the</strong> People Model<br />

A massive female <strong>bra<strong>in</strong></strong> <strong>dra<strong>in</strong></strong> is not a foregone conclusion; with targeted <strong>in</strong>terventions, SET<br />

companies can stem <strong>the</strong>ir losses. What’s more, <strong>the</strong>se companies are unusually well positioned to<br />

retool <strong>the</strong>ir people development model <strong>and</strong> make needed <strong>in</strong>terventions. Why? Because many of<br />

<strong>the</strong> same competencies <strong>the</strong>y’ve mastered <strong>in</strong> product development can be transferred to people<br />

development.<br />

To succeed <strong>in</strong> SET sectors, companies like Johnson & Johnson, Cisco, Intel, <strong>and</strong> GE have all<br />

learned to wrestle with particularly challeng<strong>in</strong>g product cycles. Mov<strong>in</strong>g a new drug, a new<br />

eng<strong>in</strong>e, or a new chip from discovery through development <strong>and</strong> ultimately to market is often a<br />

long, gruel<strong>in</strong>g, <strong>and</strong> extremely expensive process. The costs for pharmaceutical companies are<br />

particularly high: Los<strong>in</strong>g a promis<strong>in</strong>g drug at <strong>the</strong> 11th hour can be extremely costly.54<br />

There are many parallels between product development <strong>and</strong> people development. Incubat<strong>in</strong>g<br />

talent takes many years <strong>and</strong> <strong>in</strong>volves hefty expenditure. Even though newly m<strong>in</strong>ted electrical<br />

eng<strong>in</strong>eers or microbiologists br<strong>in</strong>g with <strong>the</strong>m valuable skill sets, a company still needs to <strong>in</strong>vest<br />

heavily <strong>in</strong> <strong>the</strong>se highly qualified <strong>in</strong>dividuals to realize <strong>the</strong>ir full potential. If an employee quits<br />

at <strong>the</strong> 11th hour—<strong>in</strong> this case, between <strong>the</strong> ages of 35 <strong>and</strong> 40—<strong>the</strong>re are likely to be hundreds of<br />

thous<strong>and</strong>s of dollars of sunk costs.<br />

Company Initiatives<br />

SET companies are beg<strong>in</strong>n<strong>in</strong>g to respond to <strong>the</strong> talent shortage by apply<strong>in</strong>g lessons learned on <strong>the</strong><br />

product side of <strong>the</strong>ir bus<strong>in</strong>esses.<br />

Here are some of <strong>the</strong> areas where companies have developed <strong>in</strong>terest<strong>in</strong>g new <strong>in</strong>itiatives:<br />

■<br />

■<br />

■<br />

■<br />

■<br />

■<br />

Exp<strong>and</strong><strong>in</strong>g recruitment: Pfizer’s Student Mentor<strong>in</strong>g Program looks to stem losses among<br />

SET female graduate students. Google is striv<strong>in</strong>g to “widen <strong>the</strong> filters” to attract top-notch<br />

<strong>in</strong>dividuals who may not have technical credentials.<br />

Target<strong>in</strong>g l<strong>in</strong>e <strong>and</strong> technical roles: Alcoa’s WOVEN <strong>and</strong> Manufactur<strong>in</strong>g Manager<br />

Development Program encourage women to stay <strong>in</strong> l<strong>in</strong>e positions. Intel’s Technical<br />

Leadership Pipel<strong>in</strong>es Program for Women helps to keep female eng<strong>in</strong>eers on <strong>the</strong> technical<br />

track <strong>and</strong> positions <strong>the</strong>m to advance to higher levels. Cisco’s Global Telepresence Coach<strong>in</strong>g<br />

program permits more effective mentor<strong>in</strong>g of key female talent.<br />

Tackl<strong>in</strong>g <strong>the</strong> fight-or-flight moment: Johnson & Johnson’s Cross<strong>in</strong>g <strong>the</strong> F<strong>in</strong>ish L<strong>in</strong>e helps<br />

to promote female multicultural employees to senior management. Microsoft’s Mentor<strong>in</strong>g<br />

R<strong>in</strong>gs gives junior women a better shot at cross<strong>in</strong>g <strong>the</strong> great divide. At IBM, female flight is<br />

combated through its Flexible Leave of Absence program. And BT’s flexible work program,<br />

Freedom to Work, is help<strong>in</strong>g to keep female eng<strong>in</strong>eers on track.<br />

Creat<strong>in</strong>g on-ramps: GE <strong>in</strong> India has developed Restart, an on-ramp<strong>in</strong>g program designed<br />

to attract highly qualified SET women who have taken time out. J&J’s ReConnections<br />

attempts to ensure a seamless return to work by off-ramped women, while MIT’s Midcareer<br />

Acceleration professional development program is specifically designed to re<strong>in</strong>troduce offramped<br />

SET talent.<br />

Fight<strong>in</strong>g isolation: Cisco’s ETIP/ETAP program is creat<strong>in</strong>g a game-changer at <strong>the</strong> top<br />

by hir<strong>in</strong>g a significant number of senior women at <strong>the</strong> VP level <strong>and</strong> above <strong>and</strong> provid<strong>in</strong>g<br />

support for successful assimilation.<br />

Leverag<strong>in</strong>g <strong>A<strong>the</strong>na</strong> traits: IBM’s Corporate Service Corps harnesses <strong>the</strong> altruistic attributes<br />

of women <strong>in</strong> SET by send<strong>in</strong>g teams of employees to work <strong>in</strong> charitable organizations across<br />

<strong>the</strong> globe.<br />

59

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