AUBURN HILLS, Mich.,
Dec. 2, 2021 /PRNewswire/ -- The
Stellantis Women's Leadership Experience (WLE) leadership
development program recently earned a Silver Award for excellence
from the Brandon Hall Group.
- Silver Award earned in 2021 added to company's Bronze Award
earned in 2020
- Program seeks to reverse the effect of several societal trends
identified in McKinsey & Company's Women in the Workplace
Report
- Third class of Stellantis women graduated from the program in
October 2021
- Methodology expanding to support the launch of two new
leadership programs focusing on Black and multicultural
employees
This was the second award for excellence the program has earned
over the past two years. The program earned a Brandon Hall Bronze
Award in its first year of eligibility in 2020.
The Brandon Hall Excellence Awards recognize the best
organizations that have successfully deployed programs, strategies,
modalities, processes, systems and tools that have achieved
measurable results. The awards attract entrants from leading
corporations around the world.
The WLE seeks to reverse the effect of several societal trends
identified in McKinsey & Company's Women in the Workplace
Report:
- That women remain significantly underrepresented in the
corporate leadership pipeline, even at entry-level positions
- At every subsequent career step, the representation of women
further declines, and women of color face an even more dramatic
drop-off at senior levels
- As a result, only one in five senior executive leaders at U.S.
companies is a woman, and fewer than one in 30 is a woman of
color
"Sitting back and watching these trends play out in our company
and our society is no longer acceptable," said Teresa Thiele, director, aftermarket purchasing,
global body & interior and North
America operations and co-chairwoman of the Women's Alliance
at Stellantis. "We must continue to battle against these disturbing
trends and build on the momentum created from programs like The
Women's Leadership Experience."
In 2018, energized by the vision to do something tangible to
attack these trends, a team of motivated members of the company's
Women's Alliance Business Resource Group scoped out the challenge,
secured executive buy-in, and focused available expertise and
resources to develop a unique developmental experience.
The result was an eight-month program offering participants a
mix of executive experiences, including executive coaching,
executive sponsor interactions with both male and female sponsors
and leadership opportunities.
This robust program was designed to enrich participant
perspectives of the business, connect to senior leaders and enhance
their individual leadership tool kit.
The WLE inaugural class concluded in October 2019, graduating 24 participants, some of
whom have already been promoted at the company.
The program has graduated two additional classes, with the most
recent completing the program in October
2021. The three WLE cohorts have achieved career success, as
86% of the candidates have already experienced career growth
through promotion or developmental assignments, with improved
retention.
"In the end, this is an outstanding example of how truly
empowered people with vision, passion and selflessness can affect
meaningful change ... change that benefits an entire organization,"
said Rob Wichman, global planning
lead for body on frame vehicles and executive sponsor of the
Stellantis Women's Alliance Business Resource Group.
Stellantis is applying the focus and methodology of the program
to launch two additional leadership development initiatives for
high potential Black and multicultural employee leaders. These
programs will kick off in January 2022.
Stellantis
Stellantis (NYSE: STLA) is one of the
world's leading automakers and a mobility provider, guided by a
clear vision to offer freedom of movement with distinctive,
affordable and reliable mobility solutions. In addition to the
Group's rich heritage and broad geographic presence, its greatest
strengths lie in its sustainable performance, depth of experience
and the wide-ranging talents of employees working around the globe.
Stellantis will leverage its broad and iconic brand portfolio,
which was founded by visionaries who infused the brands with
passion and a competitive spirit that speaks to employees and
customers alike. Stellantis aspires to become the greatest, not the
biggest, while creating added value for all stakeholders, as well
as the communities in which it operates.
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SOURCE Stellantis