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New from McKinsey & Company | | What’s next for gender parity: Title IX, 50 years later | Today is the 50th anniversary of the Patsy T. Mink Equal Opportunity in Education Act. Commonly known as Title IX, the landmark legislation ensures access, equality, and justice for women in both academics and athletics. Despite the efforts made for greater inclusion half a century ago, gender parity issues remain, particularly in the workplace: For every 100 men promoted to manager, only 72 women advance, according to research conducted by McKinsey in partnership with LeanIn.Org. And while there are only 41 women CEOs in the US today, there are even fewer women of color: Just 4 percent have positions in executive leadership. The full participation of women in the workforce would add roughly $12 trillion to the global economy—a win-win scenario for all. Learn more about how organizations and society can support women in the workforce, including by:- expanding the early talent pipeline to include more women
- increasing flexible work options
- holding leadership accountable for promoting gender parity
- subsidizing childcare to improve the “double shift” phenomenon
- creating more inclusive workplaces
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