August 15, 2022
Allied Electronics & Automation is now a silver-level sponsor of Women in Electronics, a nonprofit, 501(c)(3) social impact organization dedicated to expanding the opportunities for women and diverse talent in the electronics industry and related end-user markets.
Women in Electronics (WE) empowers women in the electronics industry by facilitating networking events, ranging from chapter meetings and forums to its annual conference, and offering a monthly leadership growth program and quarterly life balance series to help members develop both personally and professionally. WE also advocates for members through its global mentorship program and development resources, including its “Leader in Highlight” podcast, and celebrates both members and sponsor organizations for their accomplishments and strides in diversity, equity and inclusion (DEI) efforts.
Allied’s sponsorship of Women in Electronics further underscores its award-winning commitment to inclusivity and will help fund the organization’s efforts to promote DEI, improve environmental, social and governance (ESG) policies and support the continued growth of the electronics industry. Women currently only hold 10% of the leadership roles in the electronics industry but, according to data that WE collected from the Peterson Institute for International Economics and Cloverpop, companies with leadership teams at least half comprised of women earn 19% more equity on average. In addition, boards with a higher-than-average percentage of women outperform those with a lower-than-average percentage by 36% and companies with boards in the top quartile of gender diversity are 28% more likely to financially outperform than their peers. Similarly, the data shows that companies with leadership exhibiting age, gender and geographic diversity make better business decisions up to 87% of the time, achieving up to 60% better outcomes twice as fast with half the meetings.
“Allied is committed to fostering a diverse and inclusive workplace environment, and we are very proud of our continued efforts to further improve on our current successes,” said Katie Cartwright, VP of People at Allied Electronics & Automation. “Sponsoring Women in Electronics gives us access to memberships that will allow our employees to capitalize on the organization’s wealth of personal and professional career development resources and allows us to bolster our own DEI and ESG initiatives while funding work aimed at improving those initiatives throughout the industries we serve.”
“Women in Electronics is a collaborative community of progressive leaders working to advance meaningful cultural and systemic change throughout the channel in the electronics industry, and we’re thrilled to partner with the Allied team under shared organizational values of honor, authenticity, courage and commitment,” said Jackie Mattox, Founder and Chief Executive Officer at Women in Electronics. “Together, I believe we can make a positive impact on the face of leadership in the electronics industry and, in particular, the rapidly expanding and increasingly important industrial automation industry.”