Korn Ferry and The Rockefeller Foundation Launch New Effort to Advance Women’s Leadership in the Fortune 500

– Effort will leverage Korn Ferry’s leadership development
framework, intellectual property, and executive network to support The
Rockefeller Foundation’s goal of 100 women CEOs in the
Fortune
500 by 2025 –

NEW YORK–(BUSINESS WIRE)–Korn Ferry (NYSE:KFY), the preeminent global people and organizational
advisory firm, today announced it has joined The Rockefeller
Foundation’s “100×25” campaign, a multi-faceted effort uniting
organizations to help achieve the goal of advancing 100 women to the top
role at Fortune 500 companies by 2025.

The goal of this work with Korn Ferry is to develop a nuanced
understanding of the common strengths and areas of development that
companies should focus on to build robust pipelines of high-potential
women, and create customized organizational and development programs for
women that companies of all sizes can implement immediately.

Specifically, Korn Ferry will:

  • Leverage its executive network to conduct interviews and psychometric
    assessments with more than 35 current and recent female CEOs to
    identify the unique competencies, experiences, traits, and drivers
    that have made them successful.
  • Synthesize learnings from these interviews with existing Korn Ferry
    data on over four million executives, and findings from an analysis of
    high-potential female executives in the pipeline of 5-10 beta Fortune
    500s into a publicly shared report.
  • Test resulting insights with the group of beta companies to improve
    their culture and landscape of talent, or enhance organizational
    programs to foster support, development, and promotion of women into
    executive roles.

“We are proud to welcome Korn Ferry to the 100×25 campaign, leveraging
their deep expertise to develop market-driven solutions to tackle the
stubborn challenge of ensuring greater gender diversity in corporate
America,” said Judith Rodin, president of The Rockefeller Foundation.
“As a leading global talent advisory firm, Korn Ferry has the ability to
move companies toward evidence-based practices and programs that support
development and a more inclusive pipeline of women leaders. Together, we
will build an actionable roadmap for companies that have set gender
equity goals, but struggle to implement them from the entry-level to the
C-suite.”

A team of Korn Ferry’s foremost experts in areas including CEO
succession planning, assessment, development, research, marketing, and
organizational effectiveness will work with the Foundation to achieve
the goal of 100×25.

“For several decades, there has been talk about gender equity in top
leadership roles. In reality, we have reached a plateau. It has been
difficult to shift from the stated desire of companies to have more
women in leadership positions to tactical delivery that will ensure
women are in the talent pipeline,” said Jane Edison Stevenson, vice
chairman, Board & CEO Services for Korn Ferry.

“We are thrilled to work with The Rockefeller Foundation to create an
avenue to change outcomes and make these ideals a reality,” added
Stevenson. “We commend The Rockefeller Foundation for initiating such a
bold program, one with the potential for such significant and
long-lasting positive societal impact.”

The 100×25 campaign is part of The Rockefeller Foundation’s inclusive
economies portfolio, which is made up of initiatives that aim to create
more opportunities for more people around the world regardless of their
age, gender, or economic background.

Business leaders and companies interested in getting involved can learn
more about the 100×25 campaign by visiting rockefellerfoundation.org/100×25 or
by joining the conversation #100×25.

About Korn Ferry

Korn Ferry is the preeminent global people and organizational advisory
firm. We help leaders, organizations, and societies succeed by releasing
the full power and potential of people. Our nearly 7,000 colleagues
deliver services through our Executive Search, Hay Group and Futurestep
divisions. Visit kornferry.com
for more information.

About The Rockefeller Foundation

For more than 100 years, The Rockefeller Foundation’s mission has been
to promote the well-being of humanity throughout the world. Today, The
Rockefeller Foundation pursues this mission through dual goals:
advancing inclusive economies that expand opportunities for more broadly
shared prosperity, and building resilience by helping people,
communities and institutions prepare for, withstand, and emerge stronger
from acute shocks and chronic stresses. To achieve these goals, The
Rockefeller Foundation works at the intersection of four focus
areas—advance health, revalue ecosystems, secure livelihoods, and
transform cities—to address the root causes of emerging challenges and
create systemic change. Together with partners and grantees, The
Rockefeller Foundation strives to catalyze and scale transformative
innovations, create unlikely partnerships that span sectors, and take
risks others cannot—or will not. To learn more, please visit www.rockefellerfoundation.org.

Contacts

Global Strategy Group
Jason Green, 212-392-5278
jgreen@globalstrategygroup.com
or
Korn
Ferry
Tracy Kurschner, 612-309-3957
Tracy.Kurschner@kornferry.com