Hard skills related to leadership are heavily industry- and role-dependent, as each leadership role will require its own skill set and industry knowledge. Purpose puts a premium on leadership. [162] Lee was shot and killed by an MCPD SWAT team at 4:48p.m. Discovery also announced that this new trans-Tasman organisation would be headed by two general managers, the Sydneybased Rebecca Kent and Glen Kyne in Auckland. Up to 8% of national spending on health care and 120,000 deaths a year can be connected to workplace stress. Do come back and let us know how your enquiry goes. heading: 'Ms Conocimientos Como ste Directamente en su Correo Electrnico', target: { Between February 2020 and November 2021, Black women had a 3.5 percentage point drop in labor force participation and Latinx women had a 2.8 point drop, compared to 1.7 for white women. With a jury consisting of a distinct panel of judges including CEOs, CIOs, CXOs, analysts and CIO insider editorial team, shortlisted Winjit to assist businesses move forward with operational AI while enabling product and tools to automate and streamline the machine learning lifecycle entirely. Are women and minorities offered the chance to be leaders? Only 8.2% of Fortune 500 companies are led by women. Women appear to be better represented in the workforce when it comes to holding leadership positions today than they were in the past. 'your-first-step-toward-business-growth-swot-analysis', If you have already built momentum with initiatives in the first two categories, its easier to stretch for moon shotswhich are the most meaningful, generate the most internal satisfaction, and also capture external attention (including motivating others to act). Learn what Emotional Tax is and how it affects both employees of color and organizations. Ideally, such proof points become mutually reinforcing. operations", "Discovery Sells Silver Spring Headquarters Building", "Chip and Joanna Gaines in Talks With Discovery for Linear Channel and Streaming Platform", "Chip and Joanna Gaines announce a new TV network with Discovery: 'We are excited to be back', "DIY to Be Rebranded as Chip and Joanna Gaines' New Discovery Network", "Chip and Joanna Gaines' Magnolia cable network set to launch this fall", "TVLine Items: Chip & Joanna's Network Delayed, NOS4A2's New Date and More", "Chip and Joanna Gaines' Magnolia Network Announces Return of Hit Series, "Discovery Nabs Majority Stake in Online Cycling Platform Play Sports Group", "Discovery & BBC Reignite Global Content Deal With SVOD & UKTV Agreement, Six Years After Ending Previous Pact", "Discovery U.K. to Rebrand Home as HGTV, Revive Gok Wan's 'How to Look Good Naked', "Good Food channel merges with Food Network UK", "Discovery Buys Golf Digest From Cond Nast for $30 Million", "Discovery Plus App Debuts With Content 'Curated Specifically for India', "Discovery, home of Shark Week, HGTV, and Food Network, enters the streaming wars with Discovery Plus", "Chip & Joanna Gaines' Magnolia Network To Launch Slate On App & Discovery+ First, DIY Takeover To Follow", "Discovery and Georgia Aquarium Enter Into All-New Multi-Platform Content Partnership To Document Animal Experiences and Global Conservation Efforts", "AT&T announces $43 billion deal to merge WarnerMedia with Discovery", "David Zaslav And John Stankey Outline Plans For Merging Discovery And WarnerMedia, Addressing Future Of Jason Kilar, CNN, Streaming", "Warner Bros. This statistic points to an almost-crisis level of workplace stress in the United States, costing billions of dollars. Table 3.1: Civilian labor force by age, sex, race, and ethnicity, 2000, 2010, 2020, and projected 2030 (numbers in thousands) [Data set]. Re-acquired in Scripps merger in March 2018. Digital platforms are powerful amplifiers. He stated that the new company's goal would be to "[tell] the most amazing stories and have a ton of fun doing it", and emphasized that the two companies spend over $20 billion annually on content (outpacing Disney, Netflix and even Amazon). For example, will you stick to your purpose during economic turbulence, or only when times are good? Income inequality, while stark, pales in comparison to wealth inequality. type: 'page', Vice President Kamala Harris shattered the second-highest glass ceiling in the U.S. when she became the first female and first Black and South Asian Vice President on Jan. 20, 2021. 'funding-options-hispanic-businesses-missing-middle-gap', You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. options: { }, options: { [41], On October 4 of 2011, due to the wider implementation of high-definition feeds for mainstream cable channels, HD Theater was relaunched as Velocity, a new "upscale male" network focusing on automotive programming. But when it came to chief executive positions, women held only 29.1% of these roles, and 85.7% of chief executives identified as white, according to the Bureau of Labor Statistics (BLS). Some 21 percent of women and 12 percent of men have less than $10,000 in retirement accounts. }, As noted above, Kamala Harris shattered the glass ceiling when she became the first woman to be elected as U.S. Vice President under President Joe Biden. placement: 'after' // before, after, append, prepend Accessed on August 11, 2021, Gallup. 2020 Digest of Education Statistics.National Center for Education Statistics. heading: 'More Knowledge Like This Direct to Your Inbox', visible: true, options: { Sadly, only 5% of businesses have implemented leadership development at all levels. The health care, social work, and government and community-based services sectors are overwhelmingly made up of female employees, according to research from the Economic Policy Institute. Organizations turning a blind eye will face inevitable blowback. [165] Children from a day care center inside were safely removed to a nearby McDonald's restaurant on Colesville Rd. Formerly DIY Network. Note that Hispanic is defined as an ethnic heritage and people who identify their origin as Hispanic, Latino, or Spanish may be any race.18, NOTE: Hispanic or Latino refers to persons of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race. var divElement = document.getElementById('viz1532641497569'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px'; var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); Poverty is a particularly acute problem for women of color, affecting 21.4 percent of Black women, 18.7 percent of Latinas, and 22.8 percent of Native American women, compared to the national poverty rate for white men of 7.0 percent. I learned there are people out there who want you to succeed., Only 2.3% of venture capital funding went to startups solely owned by women.PitchBook, The US VC Female Founders Dashboard, Only 26 women are found as CEOs at Fortune 500 companies.Apps That Deliver, Women in Business Statistics, 12.3% of small business owners in the US are women.Apps That Deliver, Women in Business Statistics. Its namesake and flagship brand, Discovery Channel, first launched on June 17, the same year. This statistic supports what millennials are reporting. Get the latest science news and technology news, read tech reviews and more at ABC News. On the frontlines at work and at home: the disproportionate economic effects of the coronavirus pandemic on women of color. 2. While Discovery had divested the television-related patents, it retained the e-book patents. Dig deep into the makeup of your products. We recently interviewed CEOs, presidents & chair level leaders throughout the global media sector - discussing changing trends & effective leadership during uncertain times. Accessed on August 11, 2021, BLS.gov. [49][50] In November 2014, Curiosity was spun out as a venture-funded startup, receiving $6 million in funding. ctctFormId: '969cf06a-e0cc-4b23-b6f0-e86f37350f5f', Different geographies demand different levels of rigor, and keeping up with the range of voluntary reporting initiatives can be taxing. Starbucks and TIAA-CREF have black women holding this position. event: 'OptIn', var divElement = document.getElementById('viz1532389172919'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px'; var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); One important component of wealth, retirement savings, shows an even wider gap between men and women. And 19 percent had become unemployed due to the pandemic, a significantly larger share than the general population. It was charged with identifying the barriers that exist and policies that companies adopted or could undertake to increase diversity at managerial and executive levels. You may need to create new metrics that more precisely reflect the tensions you are seeking to reconcile for you and your stakeholders. Disengaged employees had a 37% higher absentee rate, suffered 49% more accidents, and made 60% more errors at work. Most of all, bad leaders lack the empathy to understand the views of those they hope to lead. Technology's news site of record. Antitrust Clearance", "Discovery Closes Acquisition of AT&T's WarnerMedia", "Discovery to combine stakes in Discovery Communications with Advance/Newhouse", Information statement: Discovery Holding Company, "Discovery Communications Announces Special Dividend of Series C Common Stock", "Lionsgate sells 6.8% stake to John Malone's Liberty Global", "Malone May Have Bigger Plans Beyond Lionsgate Purchase of Starz", "Liberty Global Take Stakes in Lions Gate", "Cable Network Coverage Area Household Universe Estimates: January 2016", "Asian Food Channel founders hit on right recipe for TV", "MediaWorks TV arm sold to Discovery channel owner", "MediaWorks confirms sale of TV operations to Discovery Inc", "Global media giant set to be NZ's biggest private TV broadcaster", "DISCOVERY, INC. COMPLETES ACQUISITION OF NEW ZEALAND'S MEDIAWORKS TV LTD", "Discovery restructures operations as it beds down purchase of TV3", "Discovery Communications to Acquire Dubai-based Takhayal Entertainment", "TF1 & Discovery finalize agreement and move forward to build three-tier strategic alliance across Eurosport, four payTV channels and production", "Discovery Communications to acquire TF1 Group's Controlling interest in Top Sports platform Eurosport", "Discovery takes full control of Eurosport in 491m deal with TF1", "Discovery Lands European Olympic Rights Through '24", "BBC dealt another blow after losing control of TV rights for Olympics", "Olympics coverage to remain on BBC after Discovery deal", "Discovery, Liberty Global Renew Distribution Pact | Broadcasting & Cable", "John Malone's Liberty Global Signs Deals with All3Media, Discovery", "Discovery, Sky Renew Carriage Agreement", "Discovery teams with MLB's streaming partner on European partnership", "ProSiebenSat.1, Discovery to Launch Streaming Platform", "Discovery przejmie od Agory telewizj Metro", "Scripps Networks Interactive sfinalizowa przejcie TVN", "Discovery Acquires German Free-To-Air Channel Tele5 From Leonine", "GB News launch: Why advertisers are positive about new anchor-led news channel for UK", "Discovery-backed GB News to launch in New Year", "beIN MENA viewers gain access to Discovery Channel", "Zender minder bij Ziggo, KPN en T-Mobile: Discovery World stopt", "GLOBE_2015_Q4_AT_A_GLANCE_WEB-FINAL.pdf", "Discovery Channel attacker convicted of smuggling immigrant in 2003", "Background Report: Discovery Communications Building Hostage-Taking", "Armed Man With Bomb Takes at Least One Hostage in Discovery Channel Building", "Suspect in Maryland hostage situation published angry online manifesto", "James J. Lee's hostage standoff at Discovery was grueling time for officials", "Environmental militant slain at Silver Spring building after taking hostages", "Maryland Hostages Safe as Police Kill Gunman", "New Strategies for Countering Homegrown Violent Extremism: Preventive Community Policing", "James J. Lee is suspect in Discovery hostage case, officials say", "Apparent Eco-Terrorist Holding Hostages at TV Building", "How Malthus drove the Discovery Channel gunman crazy", "Twitter breaks story on Discovery Channel gunman", Warner Bros. International Television Production, https://en.wikipedia.org/w/index.php?title=Discovery,_Inc.&oldid=1126847639, Mass media companies of the United States, Mass media companies based in New York City, Entertainment companies established in 1985, Conglomerate companies established in 1985, Entertainment companies of the United States, Entertainment companies based in New York City, Multinational companies headquartered in the United States, Defunct mass media companies of the United States, American companies disestablished in 2022, Entertainment companies disestablished in 2022, Mass media companies disestablished in 2022, Pages with non-numeric formatnum arguments, Articles with dead external links from March 2022, Articles with permanently dead external links, Articles with dead external links from January 2019, All Wikipedia articles written in American English, Articles with unsourced statements from June 2021, Wikipedia articles needing factual verification from June 2020, Wikipedia articles in need of updating from June 2020, All Wikipedia articles in need of updating, Articles with unsourced statements from July 2018, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Cable Educational Network Inc. (19851994). Whether we are reappraising an existing purpose or designing one for the first time, we need to wrestle with challenging questions such as the ones below. Measure your social and environmental impact, starting with a review of your supply-chain and supplier risks. Most of all, though, leaders need to be experts who are able to communicate a vision and motivate action. Accessed on August 11, 2021, HubSpot. The two organizations have worked together since 2016, but this is the first time that Discovery Channel itself has been made available. You dont need another report; you need deep convictioneither that your supply chain is healthy and sound today or that you have a plan to make it so tomorrow. The pay scale broken down by race and gender shows executive Pacific Islander men making the most while American Indian women executives make the least. Try these 11 resources. The transaction gave Discovery an option to acquire a majority stake at a later date. One factor skewing the numbers: Women do considerably more unpaid work, from housekeeping to caring for children and the elderly. options: { selector: '.block-score-global-score-supporting-image', The commission found that qualified women and minorities were being denied the opportunity to compete for or win decision-making positions. Accessed on August 11, 2021, Taylor Francis Group. . hostname: 'www.score.org', type: 'page', Accessed on August 11, 2021, Robert Half. What is the central thing that critical stakeholders believe society expects from you, and are you doing enough about that? 'launching-small-business-how-start-smart', ', var divElement = document.getElementById('viz1532389804243'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='650px';vizElement.style.height='427px'; var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); Debt also significantly impacts wealth. SCORE is here to help you fulfill your business ownership goals and achieve greater success. And society will hold you accountable for leaving the world a better place than it was when you started. But when it comes to purpose, what metrics best reflect impact across the ESG playing field? Globally, its a $366 billion industry with $166 billion of that being spent in the United States alone. Working Mother Media.Huang, G. (2021). [145] In May 2017, ProSiebenSat.1 Media and Discovery announced a joint venture to create a German over-the-top content service, built upon its existing 7TV service. target: { visible: true, Leadership plays a huge role in the success of business. Doing so means moving from business as usual to a less traveled path that may feel like painting outside the lines. Are we going too far beyond our core mandate? They are more likely to be low-income, with 47.7 percent of transgender people living below 200 percent of the official U.S. poverty line, compared to 28.9 percent of the general U.S. population. From being able to direct employees to the right tasks, to keeping projects organized, adept leadership can go a long way. This segment employs 9.4M workers, ushers in innovation, and introduces new products as part of a vibrant U.S. economy. 'marketing-plan-guide', Will our boards, management teams, employees, and stakeholders want to follow us, or will they think we have lost the plot? [14], On September 1, 2001, Discovery Communications bought The Health Channel, and announced that it would be re-branded as FitTV. 'los-10-principales-errores-de-contabilidad-de-las-pequenas-empresas', analytics: { (2020). "100 Women: 'Why I Invented the Glass Ceiling Phrase'. Above all, do you understand what your employees care abouttheir sources of meaning, aspirations, and anxieties around social issues? [152][153][154], In March 2021, Discovery was made available to beIN Media Group subscribers in the Middle East and North Africa. The U.S. Department of Labor launched the Glass Ceiling Commission in 1991 to address the glass ceiling. })() Intersectionality: When Identities Converge Catalyst thankyou: 'Thank you for signing up! Women of color are overrepresented in the industries most harshly impacted by job losses during the pandemic13: Women of color are more likely than white women to be the sole or primary breadwinner in their household.14 selector: ['.node-blog-post', '.block-score-resource'], Launched in India as. ctctFormId: '969cf06a-e0cc-4b23-b6f0-e86f37350f5f', What makes a bad leader is close-mindedness, inconsistency, and poor communicative abilities. At the top end, we have no more striking sign of increasing global wealth concentration than the rise of the billionaire class. var divElement = document.getElementById('viz1629815895515'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='650px';vizElement.style.height='527px'; var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); Within racial groups, Bureau of Labor Statistics data showsthe largest pay gaps between men and women appear among Whites and Asians not because Latinas and Black women have made faster progress towards equity but because average pay for men in these groupsfalls far belowthe compensation of White and Asian men. Millennials (people born between 1980 and 2000) are deeply ensconced in the workforce, and more and more baby boomers and even Gen Xers are leaving, which means the feelings of millennials are growing in importance for companies. placement: 'append' // before, after, append, prepend 'infographic-impact-covid-19-startups-june-2020'], Accessed on August 11, 2021, Forbes. [25], In March 2007, Discovery sold its stake in Travel Channel back to Cox Communications, in exchange for the stake in Discovery that Cox owned. We hope this will help you wherever you are on your journey. How to cite this product: Women of color in the United States: Quick Take. While White women held 32.6% of total management positions in the US in 2021, women of color held a much smaller share:17 var divElement = document.getElementById('viz1600806087846'); var vizElement = divElement.getElementsByTagName('object')[0]; if ( divElement.offsetWidth > 800 ) { vizElement.style.width='650px';vizElement.style.height='527px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='650px';vizElement.style.height='527px';} else { vizElement.style.width='100%';vizElement.style.height='727px';} var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); The pandemic has also hit transgender Americans especially hard economically. heading: 'Get More Like This Direct to Your Inbox! For example, the multinational retailer H&M, whose CEO was previously its chief sustainability officer, has embraced the superpower of its supply chain by opening it up to rival brands that can use it to accelerate their own sustainability efforts. Truly bad leaders will also blame others for their mistakes and will actively fight against natural tides of change from lower levels of the organization. On July 3, 2020, Discovery agreed to acquire the German free-to-air station Tele 5 from Leonine Holding. Alan Murray, The 2019 Fortune 500 CEO survey results are in, Fortune, May 16, 2019, fortune.com. }, In doing so, we dont pretend to have all the answers. We strive to provide individuals with disabilities equal access to our website. All these can be calibrated and assessed, to some degree. Acquired by Discovery Communications in May 1991, previously known as The Learning Channel. The academic backgrounds of the worlds most powerful CEOs. } [32] On April 30, 2009, Discovery announced a joint venture with Hasbro to relaunch Discovery Kids as a new youth- and family-oriented entertainment channel. Will transparency expose painful tensions better left unexamined? hostname: 'www.score.org', [60] Discovery retained an operational hub in SNI's home city of Knoxville, but planned to move its corporate headquarters from Silver Spring, Maryland, where it had operated since 2003, to New York City in late-2019. Accessed on August 11, 2021. Some are near-term winwins, delivering immediate societal and financial benefits. Missing Pieces Report: The Board Diversity Census of Women and Minorities on Fortune 500 Boards, 6th edition Alliance for Board Diversity/Deloitte; Black Women Connect Black Women Connect; Day-to-day Experiences of Emotional Tax Among Women and Men of Color in the Workplace Catalyst; Emotional Tax: How Black Women and hostname: 'www.score.org', U.S. Bureau of Labor Statistics. Dr. Lisa R. McGuthry continued in her grandmother's footsteps to run her own business. [73] Former Amazon executive Peter Faricy, who was named Discovery's chief executive of global direct-to-consumer operations in August 2018, considered GolfTV consistent with the aforementioned strategy, as golf was one of several sports "where people's passions and their interest in participating and learning more becomes a core part of their life. At PayPal, CEO Dan Schulman and his leadership team became concerned when they realized that a significant portion of their nearly 25,000 employees, particularly at the entry level and in hourly positions, were struggling to make ends meet despite the fact that the company was paying wages at or above market rate. Hispanic women: 4.3%. ", "Amazon, Discovery End IP Battle Over Kindle, E-Commerce", "TCA: Discovery Sets Launch Date For Velocity, Adds Big Names to 'Curiosity', Preps Science Channel's 'Trek Nation', Introduces 'Weed' Team", "Discovery Launches Velocity Channel, Aimed at Rich Men", "Discovery HD Theater is becoming Velocity, focuses on programming for 'upscale male audience', "Discovery Communications Replaces Planet Green With Destination America", "Discovery unveils Curiosity.com to inspire everyday learning", "Discovery Acquires Stake in DogTV, a Network Aimed at Canine Viewers", "Discovery And Liberty Global Agree To $930M Deal For All3Media", "The Hub to Rebrand as Discovery Family Channel as Discovery Takes Control", "Discovery to Take Control of Hub Children's Network", "Chicago-based Curiosity spins off from Discovery, raises $6 million", "Discovery initiates restructuring plan, reports higher Q1 earnings", "Discovery reports Q2 profit rise, invests in Chinese MCN", "Discovery Communications Inc. The poverty threshold for a single person in 2016: $11,880 in annual income. Connect purpose with your companys superpower. The transaction was approved by the European Commission in December 2021 and was completed on April 8, 2022, forming Warner Bros. Health care expenditures at high-pressure companies are nearly 50% greater than other organizations. Accessed on August 11, 2021, Study.eu. Discovery Networks also had a stake of some networks operated by CTV Speciality Television Inc., a joint venture between Bell Media and ESPN Inc. such as Discovery and Animal Planet. [93][94], On June 1, 2021, it was announced that the merged company would be known as Warner Bros. Many CEOs are concerned that the majority of their employees are not actively engaged. Formerly Discovery Civilization Network: The World History and Geography Channel, Discovery Civilization, & Discovery Times, Formerly Discovery Science Network, Discovery Science Channel, & The Science Channel, Formerly Discovery Kids Channel, Discovery Kids, The Hub, & Hub Network, Formerly Discovery HD Theater, HD Theater and Velocity. For example, Patagonias commitment to repairing jackets, to encourage reusing them,has been emulated by other makers of outdoor wear. In 2018, only 256 women ranked among the worlds 2,208 billionaires. "Labor Force Participation RateWomen. Annual estimates of the resident population by sex, race, and Hispanic origin [Data set]; United States Census Bureau. Accessed on January 6, 2022. Belgium, where men spend 63 percent as much time on these activities as women, ranked at the top. The percentage of the 1,122 people in Public Administration Executive Office and Legislative Bodies breaks down as below: Not surprisingly, minorities of other races account for a much smaller percentage of the managerial and top positions in the workforce than their white counterparts in this BLS data. It may mean surfacing fresh questions in meetings, engaging in difficult conversations about some of our businesses, and reevaluating our partners based on a clear-eyed view of their practices. [37][38], On March 17, 2009, Discovery Communications sued Amazon.com for patent infringement by its Kindle e-reader line, regarding "secure distribution of electronic text and graphics to subscribers and secure storage". A disengaged workforce costs more than most companies realize. Taking your own education and training upon yourself can help open doors for you. This compensation may impact how and where listings appear. [97], In September 2021, Fox Corporation acquired TMZ from WarnerMedia in a deal worth about $50 million with TMZ being operated under the Fox Entertainment division. [113] It was approved by the United States Department of Justice two days later. And with good reason. path: [ //Finance Age and education continue to play a big role in the top leadership positions in companies. Harpo Productions retains a "significant minority stake" in the venture. Marilyn Loden first coined the phrase "glass ceiling" while speaking as a panelist at the 1978 Women's Exposition in New York. name: 'email_form', HOUSEHOLD DATA ANNUAL AVERAGES. While shareholder capitalism has catalyzed enormous progress, it also has struggled to address deeply vexing issues such as climate change and income inequalityor, looking forward, the employment implications of artificial intelligence. In 2021, women accounted for 56.8% of the labor force in the U.S. '10-online-business-ideas-you-can-start-no-money','startup-expenses-1','8-ways-manage-your-time-and-multiple-projects','sales-forecast-12-months','10-tips-become-successful-business-owner'] Purpose defines our core reason for being and the positive impact we have on the world. You can learn more about the standards we follow in producing accurate, unbiased content in our. id: 'exp_slidedown', heading: 'More Knowledge Like This Direct to Your Inbox', 10. Your self-assessment must go well beyond strategy. analytics: { ", U.S. path: [ //eNews In 1972, only 18% of managerial positions were held by women. lists: ['Hispanic Entrepreneur Interest - Inline Optins'] There is a huge number of people who are reporting that theyve experienced a bad manager. Interestingly, this definition seems to suggest that there is a way to successfully manage workplace stress. [155], In June 2016, Discovery acquired a 27.5% stake in Bethia Comunicaciones S.A., a division of Chilean conglomerate Bethia that owns Red Televisiva Megavisin S.A., a company which in turn owns both the private television network Mega and a 70% stake in the anime-, Korean drama- and K-pop-focused cable television channel ETC (which is co-owned with its creator, who is businessman and television executive Hernn Schmidt Fuentes). The concept expanded in more contemporary times to include minorities in addition to women. A study of eight high-income countries from the London School of Economics found that women made up just 14 percent to 22 percent of the top 1 percent of earners. Others clearly help society now but take longer to yield bottom-line results. On September 7, 2020, MediaWorks New Zealand Limited announced that Discovery would be purchasing the television arm of their business including Three, Bravo, The Edge TV, Breeze TV, streaming service ThreeNow, and current affairs service Newshub. "I didn't have anyone in my personal life that could give me this guidance and school wasn't doing it either. Accessed on August 11, 2021, APA. Accessed on August 11, 2021, Robert Half. Accessed on August 11, 2021, HRPA. The Phrase Glass Ceiling Stretches Back Decades., NeuroLeadership Institute. list: 'HOB', Yes, everyone is capable of becoming a leader. We also reference original research from other reputable publishers where appropriate. exp: 'slidedown', Formerly Discovery Wings Channel, Military Channel, Formerly Discovery Travel & Living Network, Discovery Home and Leisure, Discovery Home, and Planet Green, Spanish-language version of the Discovery Channel, Merger between Discovery Travel & Living Viajar y Vivir and Discovery Kids en Espaol, Spanish-language version of Discovery Family, Features original shows and dubbed shows from sister lifestyle channels. [87], On May 13, 2019, Discovery announced that it would acquire Golf Digest from Cond Nast to integrate into its Discovery Golf division. "Sinc alt: 'Business owner meeting with SCORE mentor' Accessed on August 11, 2021, Harvard Business Review. When leadership doesnt effectively show appreciation to their employees, this creates serious disengagement and can prompt the premature exit of an employee. [93][94], Zaslav will lead the new company. Statista. alt: 'Business owner at home office in virtual mentoring session' Only 1% of the Fortune 500 CEOs are African Americans, 2.4% are East Asians or South Asians, and 3.4% are Latinx. Get the latest stock market, financial and business news from MarketWatch. [133][134], On November 27, 2012, Discovery announced it would acquire Dubai-based broadcaster Takhayal Entertainment, which owns MENA lifestyle channel Fatafeat. analytics: { Women comprise just 27 percent of the top 10 percent, and their share of higher income groups runs even smaller. From the first U.S. presidential election in 1789 until the early 21st-century, no Black person served as president. Seventh Generation, a maker of cleaning and personal-care products, recently built sustainability targets into the incentive system for its entire workforce, in service of its goal of being a zero-waste company by 2025. In May 2021, AT&T announced its proposal to merge its media subsidiary WarnerMedia with Discovery, Inc. Launched in 2014, acquired by Discovery, Inc. in 2020. } Living purpose authentically should feel uncomfortable and new. Sep. 12, 2022, https://www.zippia.com/advice/leadership-statistics/, The Role of Leadership Style in Employee Engagement, https://www.payscale.com/data/racial-wage-gap, Communication In The Workplace Statistics, Trust in Leadership One Key Factor During Organizational Change, 11 Eye-Opening Statistics on the Importance of Employee Feedback [Infographic], What Is the True Cost of Poor Employee Communication?, Leadership Development Is A $366 Billion Industry: Heres Why Most Programs Dont Work, Advance Your Leadership for the New World of Work, INTERESTING STATISTICS ABOUT EFFECTIVE LEADERSHIP, HR Millennials: Insights Into Your New Human Capital, Proof That Positive Work Cultures Are More Productive, Burn-out an occupational phenomenon: International Classification of Diseases, National Health Costs Could Decrease if Managers Reduce Work Stress, More Than One-Third Of Workers Would Pass On Perfect Job If Corporate Culture Was Not A Fit, Survey Finds, The Worldwide Employee Engagement Crisis, Top 5 Leadership Skills for the Workplace of Tomorrow, Average age at hire of CEOs and CFOs in the United States from 2005 to 2018, The academic backgrounds of the worlds most powerful CEOs, Gender and Leadership Development: A Case of Female Leaders, The female CEOs on this years Fortune 500 just broke three all-time records, Average age at hire of CEOs and CFOs in the United States from 2005 to 2018. The gender pay gap means women end up with fewer post-retirement resources. This could occur in fields as diverse as finance, politics, technology, and academia. { }, By 2016, nearly 40% of all managers were women. (2020). ], Accessed on August 11, 2021, Digital Commons. (2020). form: { The Role of Leadership Style in Employee Engagement. [84] The group is the foundation for an in development global cycling OTT service. Do your people routinely reflect on purpose? visible: true, [18] In 2003 and 2004, Discovery acquired academic film companies such as AGC, AIMS Multimedia, and Clearvue & SVE to form Discovery Education, which is now led by Bill Goodwyn. images: [ path: 'https://s3.amazonaws.com/mentoring.redesign/GettyImages-638953230%20women%20business%20owner.png', heading: 'More Knowledge Like This Direct to Your Inbox', Yet when companies fully leverage their scale to benefit society, the impact can be extraordinary. For all 10,000 firms in the survey, the median-paid male employee received 9.7 percent more in pay than the median female. Missing Pieces Report: The Board Diversity Census of Women and Minorities on Fortune 500 Boards, 6th edition, Day-to-day Experiences of Emotional Tax Among Women and Men of Color in the Workplace, Emotional Tax: How Black Women and Men Pay More at Work and How Leaders Can Take Action, Flip the Script: Race & Ethnicity in the Workplace, The Impact of Structural Racism on Black Americans, Intersectionality: When Identities Converge, Too Few Women of Color on Boards: Statistics and Solutions, Women of Color Get Less Support at Work. event: 'OptIn', var divElement = document.getElementById('viz1532446133768'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px'; var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); The U.S. gender pay gap, while unacceptably large, is not the worlds widest. 60-80% of workplace accidents are attributed to stress. When Hillary Clinton ran for president in 2008 and 2016, she repeatedly spoke of her goal of shattering the highest, hardest glass ceiling by becoming Americas first female president. event: 'OptIn', MediaWorks said in a statement that the transaction was subject to a number of pre-completion approvals but was expected to completed by the end of the year. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Society now holds you responsible for your entire business chain, beyond your corporate walls, including what your suppliers do. ", Fortune. } [136] On January 21, 2014, Discovery acquired an additional 51% share to gain controlling interest,[137] and subsequently acquired the remainder for 491million in July 2015 to receive sole ownership. Flip the Script: Race & Ethnicity in the Workplace Catalyst }, [39] Amazon subsequently accused Discovery of violating a patent for an "Internet-based customer referral system";[40] The two parties settled in 2011. The number of individuals with fortunes worth at least $1 billion more than doubled between 2010 and 2018, while remaining overwhelmingly male. Launched in 2010, acquired by Discovery, Inc. in 2018. This is why its so important that companies invest in leadership programs to build better leaders who understand and can respond to their ever-changing workforce. People of Colour in Canada: Quick Take Catalyst Its critical that companies respond to problems that are seen in leadership by this age group. experience: 'Sidebar' Instead, she spoke about deeper, ignored issues that historically kept women from occupying positions of authority: the glass ceiling. Gaps have been smallest in OECD countries where the share of workers covered by collective bargaining agreements hits at least 80 percent and widest in countries with weak collective bargaining and no or very low minimum wages. list: 'Finance', [128][129][130] The sale was finalised in December 2020, with the new entity being rebranded as Discovery New Zealand. U.S. Bureau of Labor Statistics. The female CEOs on this years Fortune 500 just broke three all-time records. On the frontlines at work and at home: the disproportionate economic effects of the coronavirus pandemic on women of color. The Data on Women Leaders. [51], In December 2015, Discovery launched Discovery Go, a TV Everywhere service offering access to live streaming and on-demand content from Discovery Communications' cable networks. [35][36] After multiple delays, OWN officially launched on January 1, 2011. In the beginning of 2021, women of color represented 17% of entry-level positions. How would a ranking of our products and services according to purpose compare with one based on profitability? Questions such as these cause everyone to pause, legitimize healthy introspection, and boost the odds of spotting instances when taking a short-term revenue or margin hit is a small price to pay for being true to who you are or want to be. ctctFormId: '969cf06a-e0cc-4b23-b6f0-e86f37350f5f', [142][143] On January 31, 2017, after nearly facing a carriage dispute, Discovery renewed its distribution deals in Germany and the United Kingdom with Sky plc. Additionally focusing on organization, strategic thinking, and long-term goal setting will help foster a mindset conducive to leadership. How much insight are your current reporting outputs generating about your efforts to deliver on purpose? You do have a superpower to discover, and unique impact to deliver. This includes hiring personnel specifically tasked with ensuring that women and minorities see improved representation in management-level positions. }, [95] On June 7, 2021, Discovery announced that it would divest Great American Country to GAC Media, a new Fort Worth-based investment group led by Tom Hicks and former Crown Media Holdings CEO Bill Abbott. 81-90. McKinsey_Website_Accessibility@mckinsey.com, Demonstrating corporate purpose in the time of coronavirus. State of the American Manager. You can encourage it on an ongoing basis by building purpose-linked questions into your key strategy, budgeting, and capital-investment discussions, for example: Which pillars of our strategy are most and least congruent with our purpose? The term glass ceiling was coined by Marilyn Loden, a New York telephone company manager, during a 1978 Women's Exposition. In 2005, CEOs and CFOs average age was in the mid-40s, which has increased in the intervening years, and CEOs are now, on average, in their mid-50s while CFOs are more likely to be in their upper-40s. Since the Fortune 500 list was first established in 1955, there have only been 19 black CEOS. visible: true, Acquired in Scripps merger in March 2018. Accessed on August 11, 2021, World Health Organization. name: 'randomImg', Recognizing and appreciating employees is the job of management and other leaders in the organization. Women are more likely than men to work in service occupations, including domestic work, restaurant service, retail, tourism, and hospitality, that require face-to-face interactions and have been hard-hit by layoffs. path: ['/blog','/resource'], Gallup. U.S. Department of the Treasury. Households led by single women with children had a poverty rate of 35.6 percent, more than twice the 17.3 percent rate for households led by single men with children, according to the National Womens Law Center. New Zealand only. From Entry Level Positions to the C-Suite, the Share of Women of Color in Leadership Remains Small15 . Within the OECD group of higher-income nations, South Korea holds the widest gap, with men earning 37 percent more than women, on average. options: { Too Few Women of Color on Boards: Statistics and Solutions Catalyst }, Trust in Leadership One Key Factor During Organizational Change. The Data on Women Leaders. Business also has an opportunity, and an obligation, to engage on the urgent needs of our planet, where waiting for governments and nongovernmental organizations to act on their own through traditional means such as regulation and community engagement carries risk (for more, see Confronting climate risk). Apply Hispanic/Latin Entrepreneurs filter, Apply Asian American & Pacific Islander Entrepreneurs filter, Apply Arts, Entertainment, & Recreation filter, Apply Nonprofit, Public and Professional Organizations filter, Apply Wellness, Healthcare, & Home Health filter, Copyright 2022 SCORE Association, www.score.org, PitchBook, The US VC Female Founders Dashboard, Apps That Deliver, Women in Business Statistics, Asian American & Pacific Islander Entrepreneurs (3), Nonprofit, Public and Professional Organizations (1). These include white papers, government data, original reporting, and interviews with industry experts. Purpose can make you more aware of shifting external expectations, policy directions, and industry standardsthereby helping you identify risks you might otherwise miss. 1. "[106][107], On January 26, 2022, it was reported that the merger between WarnerMedia and Discovery, Inc. was expected to close sometime during the second quarter of 2022. These findings suggest that a reset of leadership norms may be important as you strive to define and live your organizations purpose, which must feel congruent and fit the style and actions of you, your senior team, and your employees. Launch: 2006 Germany, 2008 UK and Ireland, 2011 Italy, 2012 Spain, 2014 Asia. var divElement = document.getElementById('viz1532386554004'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px'; var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); In the UK, a new regulation requires corporations to disclose the pay gaps between their male and female employees. The history of the gender and racial wage gaps is inextricably linked to the history of labor in America. [138], In June 2015, Discovery acquired pan-European rights to the Olympic Games from 2018 through 2024, excluding Russia, on all platforms, in a 1.3billion deal. Cecilia Rouse is the chairperson of the Council of Economic Advisers. [99] In the same month, it was announced that Discovery will rename itself Warner Bros. list: 'eNews', 'annual-marketing-budget-template', lists: ['eNews - SCORE\'s Newest & Most Popular Resources','Startups - Inline Optins'] New Zealand only. Eight states Georgia, Alabama, South Carolina, Wisconsin, Wyoming, Texas, Louisiana, and Mississippi have both rejected Medicaid expansion and have a $7.25 minimum wage. 80% of employees are happy with their boss. analytics: { In a world where, as McKinsey Global Institute research has shown, a majority of the next generation in advanced economies is poorer than their parents, the impact of such initiatives cannot be overstated. A Pan-European feed launched in 1994, relaunched in 2010. Theyre also skills that people in leadership positions should be looking to hone. topics: false, Top 5 Leadership Skills for the Workplace of Tomorrow. [108][109] This was later narrowed down to mid-April 2022. Ryan and Haslam documented this phenomenon extensively in a study of Great Britains FTSE 100 companies. Janet Yellenbecame the first female Treasury secretary afterbeing nominatedby President Biden and sworn in on Jan. 26, 2021. Discovery Networks International had three regional operations: Asia Pacific, EMEA (Europe, Middle East and Africa) and Latin America,[125] with regional headquarters in Singapore, Amsterdam, London, Milan, Warsaw and Miami.[126]. ", U.S. Bureau of Labor Statistics. Customers are boycotting the products of companies whose values they view as contrary to their own. var divElement = document.getElementById('viz1532627216529'); var vizElement = divElement.getElementsByTagName('object')[0]; vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px'; var scriptElement = document.createElement('script'); scriptElement.src = 'https://public.tableau.com/javascripts/api/viz_v1.js'; vizElement.parentNode.insertBefore(scriptElement, vizElement); According to the American Association of University Women, black women graduate with the most debt $30,400, on average compared to $22,000 for white women and $19,500 for white men. Founded in 1962, Catalyst drives change with preeminent thought leadership, actionable solutions and a galvanized community of multinational corporations to accelerate and advance women into leadershipbecause progress for women is progress for everyone. This statistic shows that leadership across the United States appears to be doing a good job, and employees are happy with their work. Accessed on August 11, 2021, Harvard Business School. Leadership should be a priority because employees who work for good leaders will work harder. 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