Helping women get ahead

Boston Consulting Group's aim to help women succeed in the male-dominated world of consulting is why it's No. 3 on the Best Companies to Work For list.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
By Christopher Tkaczyk, reporter
September 16, 2009: 9:04 AM ET

boston_consulting_group.03.jpg
Hans-Paul Bürkner, CEO of Boston Consulting Group, has prioritized helping women succeed.
lucy_brady.03.jpg
Why I work here
Lucy Brady, a partner and retail consultant at Boston Consulting Group
"Right after I had my third baby, my husband fell seriously ill. I was shocked at the support that I received from my colleagues. They didn't just help me tie up loose ends with the client, they even offered help with doctor referrals."

(Fortune Magazine) -- Since its founding in 1963, the privately held Boston Consulting Group has grown from a small firm to a global enterprise with $2.4 billion in revenue and 66 offices in 38 countries.

But one thing hasn't changed: Consulting tends to attract an overwhelming majority of men with MBAs. So when Hans-Paul Bürkner started as CEO in 2003, he vowed to focus on diversity, specifically the recruitment and retention of women.

Now liaisons relate the needs of female employees to management, mentors provide off-the-record advice, and an annual women's conference is held to focus on career development.

There are currently three women on the executive committee -- six years ago there were none -- and women account for one-third of the firm's 4,500 consultants. Bürkner shared his strategies for keeping women of all levels engaged.

Value what they bring to the table.
"Very often women are highly effective change agents because they have on average strong social skills. A number of our clients are in industries where a majority of customers are women, and they rightly assume that women better understand other women."

Help build self-confidence.
"I've found that women generally have the capabilities to succeed but sometimes need help developing confidence. We coach female partners, principals, and project leaders one-on-one."

Don't "mommy track" women with kids.
"One of our female partners had four girls over 14 years while working part-time, and she was out a number of years while she took care of the newborns. Yes, it took her a while to become a partner, and it wasn't easy, but I think there are very few places that allow so much flexibility."

Perks that work

Part-time scheduling.
Many employees, women as well as men, are on a 60% or 80% work arrangement to accommodate family needs. A typical 60% part-time schedule is two full days and two half days per week.

Generous leave.
Employees of any level can take a leave of absence of up to one year -- for any reason -- and have their job waiting for them when they return. Beyond the 12-week paid maternity leave for full- and part-timers, new moms can extend their unpaid leave up to one year. The policy also applies to adoptions.

Top medical benefits.
Unlimited fertility coverage, no premiums, broad coverage, extremely low co-pays (typically $5), and coverage for part-timers who work 20 hours a week. To top of page

CompanyPrice% Change
Big Lots Inc 27.94 18.69%
OfficeMax Inc 12.61 15.05%
BlueLinx Holdings Inc 2.99 12.41%
Kelly Services Inc 11.58 11.67%
Dec 4 3:53pm ET †
IndexLast% Change
Dow Jones10,388.900.22%
Nasdaq2,194.350.98%
S&P 5001,105.980.55%
10yr99 5/32Yield: 3.47%
Dec 04 5:16pm ET †
CompanyPrice% Change
Sanmina Sci Corp 9.16 5.17%
Novellus Systems Inc 23.32 4.34%
Corning Inc 18.30 4.04%
NetApp Inc 32.70 3.78%
Dec 4 3:58pm ET †
More Galleries
Holiday gifts for the yoga nut These 7 small brands are helping fuel a booming yoga industry. More
Best of the L.A. Auto Show Fuel economy is the name of the game in Southern California. More
Are things really getting better? Last quarter, the economy grew by the largest amount since the summer of 2007, but there are signs that things are still getting worse. More
Sponsors
Security biz risk taker
The owner of Picore Worldwide has learned to delegate tasks to free up her time to grow the company. Play
Growing your 401k
Most people get higher returns investing in balanced funds rather than choosing their own asset allocation experts say. Play
Smart to stay out of stocks?
No one knows when a downturn will come; our expert discusses whether it is safer to avoid stocks entirely in your 401(k). Play

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.