A global chemical company
A global leader in the chemical industry aimed to predict and improve gender diversity in leadership. TalentNeuron provided data-driven insights, modeled promotion to predict female leadership trends, and guided the company in setting realistic goals and strategies.
Challenges faced
With more than 111,000 employees globally, this industry leader sought to forecast future gender diversity within its leadership ranks. TalentNeuron supported the organization in predicting how the share of female leaders would evolve over the next few years.
"We based our forecast on historical talent management behavior and data like promotions, hires, and attrition. With TalentNeuron, we were able to simulate realistic diversity scenarios that helped us set targets and implement effective measures to enhance gender diversity in our leadership," noted the DEI head at the company.
Key questions to answer
- What is the optimal share of female leaders achievable by 2025?
- Which talent management strategies (e.g., promotion, hiring, attrition rates) can influence female representation?
- What are the projected scenarios for female leadership share by 2025?
- What are the critical barriers and opportunities influencing gender diversity in leadership roles?
TalentNeuron’s solution
1. Data validation and integration
TalentNeuron began by integrating relevant data snapshots, categorizing insights into "promotion," "hiring," and "leavers." Rigorous data quality management ensured the accuracy and integrity of the data.
2. Barriers and opportunities identification
Using advanced modeling techniques, TalentNeuron developed an internal development model to analyze the talent pipeline. The model incorporated parameters such as hiring and promotion rates and detailed insights into employee attrition.
3. Scenario development and forecasting
Through robust scenario analysis, TalentNeuron also provided the client with predictive insights into gender diversity trends at all leadership levels up to 2025, focusing on strategic workforce planning.
Key insights and value-adds for the client
- Multiple scenario analyses with clear projections on gender diversity development under varying conditions.
- Actionable levers with specific strategies to accelerate progress toward diversity goals.
- Global market benchmarks like sociocultural insights to support diversity initiatives across regions.
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