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E.D.G.E. in Leadership Study Delivers First-Ever Data on Executive Women in Pharmaceutical and Biotech Industries
Date:11/8/2007

FAIRFIELD, New Jersey, November 8 /PRNewswire/ --

- Healthcare Businesswomen's Association and Booz Allen Hamilton Announce Results of Groundbreaking Study and Best Practices for Recruitment, Retention, and Advancement of Women.

Results from the highly anticipated Healthcare Businesswomen's Association (HBA) E.D.G.E. (Empowerment, Diversity, Growth, Excellence) in Leadership study have exceeded the expectations of pharmaceutical senior management, who have been awaiting the first research to provide actionable recommendations on best practices for the recruitment, retention, and advancement of women to the most senior roles within their corporate suites.

"In the competitive pharmaceutical industry, companies recognize the need to diversify their senior leadership teams in order to be successful, and cultivating women in top management spots is a critical component to that success," said Joe Mahady, President Global Business, Wyeth Pharmaceuticals. "We are grateful to the HBA and Booz Allen Hamilton for helping us fill the knowledge gaps that have created obstacles to women's successes in the past."

Conducted by the HBA in conjunction with study partner Booz Allen Hamilton, the E.D.G.E. study established first-ever benchmarks to track women's career progress in the healthcare industry. It captured current attitudes and motivations of corporate culture, including the individual attitudes of both men and women, and identified the characteristics and components of effective practices and programs. The E.D.G.E. in Leadership study has resulted in a six-themed road map, which leading industry executives will find of great value for evaluating their own company performance and implementing initiatives and programs to develop top talent at their own companies.

Research has indicated that women now comprise the majority (58%) of college graduates, and the projected rate of increase in graduate level degrees to be awarded during the next d
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SOURCE HBA Europe
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