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Banking On Women Radio Documentary If Lehman Brothers had been Lehman Brothers and Sisters would we have had the financial crisis? This documentary asks what can Ireland learn from international research and changing practices to ensure the banking sector will survive into the future. The opinion and experience of various expert contributors is looked at […]
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Gillian Harford of AIB on Diversity Initiatives
Gillian Harford heads up human resources planning and strategy in AIB and this is an exciting week for her as several initiatives she has been working on to improve equality and fairness in the bank are launched.
Top of the list is two weeks paid paternity leave for their staff both in Ireland and in the UK. They are opening this to same sex couples who become new parents too. Gillian says “this is not just for dads we are gender blind.”
Minding The Gap for women on maternity leave is an initiative that they have been working on for some time now and it is being very well received by staff.
“If you think about it now women can be gone for up to a year so coming back after a length of time can be really daunting. Male leaders can be afraid of saying the wrong thing and even male leaders say it is nothing they can identify with.”
They provide access to email for those who want to keep in touch but this is not obligatory. They will also be providing three paid Keep In Touch days -like they have in the UK already- to allow for phased reintroduction to the workplace.
Managers also receive training in ‘having the conversation’ with women staff members who are going on maternity leave or who may be returning after maternity leave about how they would like to be communicated with during their leave. “We talk to line managers and they are so afraid of saying the wrong things, afraid to talk when they are leaving and afraid when they were coming back so we encourage them to have the conversation.”
Greater diversity on boards and in senior leadership teams is essential for any organisation Gillian believes and this is true for financial institutions too. They have a target of 40% in their senior leadership teams.
AIB plans to have 40 per cent women across management by 2018 and they have already achieved their target of 25% representation of women on the AIB Group board since the end of 2016.
“If you look at some of the research that has come out from the financial crisis one of the key messages from financial crisis that keeps coming through is that boards and senior executive teams were all made up of like minded individuals with very similar backgrounds, similar personal characteristics and very similar experiences and that can lead to group think. So you will see that professional bodies, regulators talking about the need for diversity, the need for balance as a risk mitigant as well as being a supporting element in terms of real customer service and stability for the future.”
5 Pearls of Wisdom
From her own life experience and thirty years as a leader in human resources Gillian shares her top tips for career and for life in the podcast.
- Mind Your Energy If your emotional energy is strong you will thrive. As homemakers and minders we tend to put ourselves last but sometimes we should put ourselves first.
- Networking Is Essential not a perk and women do not always see the value so do some networking. Do it with purpose and don’t see it as a waste of time.
- Parachutes Are Fantastic inventions we all have them but as women we don’t always use them. And we don’t always let other people catch us when we think we are going to fall. Sometimes when you let go in a crisis others will jump in and support you as you have done for them in the past.
- Know Your Own Worth and protect it. We need to know and we need to think about our pensions, to think about our jobs, we need to think about putting ourselves forward and not being afraid to sell ourselves every now and again. It is not about looking for promotion or money, it’s about really recognizing our worth and our value.
- Be Brave We should try something brave every now and again, whether that is going for a new job, or looking at some further education, testing a new company doing something outside of our comfort zone. We can be so successful when we have confidence in ourselves and we just have to remind ourselves of that sometimes. We teach our daughters to be good and our sons to be brave. Maybe we might need to do vice versa sometimes. Don’t wait for somebody to tell you that you’re brilliant. If you are really good, then be confident in that and go out and show what you are worth.
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