Trinity Life Sciences, a leader in global life sciences commercialization solutions, conducted research on Women Representation in Life Science Consulting Leadership and finds there is a lack of women in senior, decision-making roles. The white paper analyzed 64 US-based consulting firms with life science practices to establish the number of leaders and gender breakdown. It also looked at indicators for diversity, equity and/or inclusion (DEI) and gender equity efforts.
The paper reveals that women make up only 28 percent of total leadership in life science consulting. This number persists despite evidence showing that companies that don’t have equal representation or support diversity initiatives perform financially worse compared to those that do.
The highest proportion of women leadership is in mid-level management, such as the Associate Principal and Principal levels.
Elevating women leaders in life science consulting
It is important to help bridge the gender equality gap in consulting leadership roles. Several strategies to achieve this aim appear in the white paper including:
- Analysis of hire-in and promotion timelines by gender
- Evaluating the criteria for promotions
- Commitment to company-wide training on hard and soft skills
- Examining the hiring processes and practices
“Our findings demonstrate considerable room for improvement in gender parity within the leadership of life science consulting,” said Leslie Orne, Chief Client Officer, Trinity Life Sciences. “To consistently improve, understanding internal barriers is crucial. Many of these are unintentional and invisible. For example, analysis of hire-in and promotion timelines by gender would help elucidate when and why the gender gap forms within life science consulting companies.”
The Women Representation in Life Sciences Consulting Leadership white paper is available for download on TrinityLifeSciences.com.
About Trinity Life Sciences
Trinity Life Sciences is a trusted strategic commercialization partner, providing evidence-based solutions for the life sciences. With 25 years of experience, Trinity is committed to solving clients’ most challenging problems through exceptional levels of service, powerful tools, and data-driven insights. Trinity’s range of products and solutions includes industry-leading benchmarking solutions, powered by TGaS Advisors. To learn more about how Trinity is elevating life sciences and driving evidence to action, visit trinitylifesciences.com.