case study: accelerating female talent progression francis lake, head of organisation development,...
TRANSCRIPT
Accelerating progression of female talent – a success story at Lloyds Banking Group
FRANCIS LAKE – CYBG PLC
M
F
Reducing female pipelineExecutive pipeline
Knowledge of role
Sponsorship/ recommendation
Application
Shortlist
Interview
YSC assessment
Onboarding
Pioneer
Ready for promotion
potential
perfo
rman
ce
Using the nine-box…
Basis for Sponsoring Leadership
We have high potential women who are ready for promotion They are less likely to apply for promotions than less-ready men Our YSC assessments helped identify readiness and development…. …. But were done only for preferred candidates Sponsors are hugely helpful, and we tend to sponsor people like us… … and there were too few women at the top to sponsor
So focus on three things: Own feeling of readiness Develop that readiness Create sponsorship relationships
Programme Flow
Identify candidate pools Call for Sponsors Identify nominees Brief Sponsors
YSC review Sponsor meetings YSC assessments Welcome Event
Personal Boardroom Networking 1-1s Progress
Decent results…
28/34 moved to larger roles Built network – reduced the need to be a pioneer Shifted the make-up of the executive population Repeatable
And…. Significantly helped sponsors