Closing the Gap on Gender Parity in the Workforce

Closing the Gap on Gender Parity in the Workforce

In 2016, the World Economic Forum estimated it would take 83 years to achieve parity in the workplace on a global scale, and in its 2017 Global Gender Gap Report, the estimate increased to 100 years.

Global business leaders have long debated how to accelerate and sustain gender parity throughout our industry. While we’ve made progress—with millions spent annually on diversity & inclusion initiatives—we believe the rate and pace of positive change could and should be better.

Medidata is proud to join the Healthcare Businesswomen’s Association (HBA) as a founding member of the Gender Parity Collaborative, along with 11 other companies like Celgene, Sanofi, and Advanced Clinical who share our sentiments and are equally committed to advancing the influence and impact of women in life sciences.

The Collaborative will accomplish its goals primarily through:

  • Benchmarking—collect, analyze and track data and perceptions that feed industry or company performance, in partnership with McKinsey & Co.
  • Gender Parity Council—define strategic priorities in line with our goals and business results
  • Solution Summits—meet with all leaders to share and evaluate proposed solutions  

Far beyond just talk, the HBA Gender Parity Collaborative is an interactive, passionate consortium of companies taking an active role in achieving parity via real systemic change.

I am proud and excited that Medidata is a founding member of this industry-wide initiative. We believe that diversity and equality in the workplace are catalysts for deeper growth and discovery. Ultimately, the HBA Gender Parity Collaborative is a bold industry commitment that will amplify our collective gender parity actions and open new doors for future leaders.

Read more about the Collaborative at

About Author

Tarek Sherif

Medidata Chairman & CEO

A founder of Medidata Solutions, Tarek has served as CEO since 2001 and chairman since 2009. Including Medidata’s successful public offering in 2009, Tarek has led Medidata from startup to becoming the leading global provider of cloud-based solutions to the life science industry and one of the largest public technology companies founded in New York City.  Medidata is the global leader in collecting and managing clinical trial data and supports trials in more than 120 countries, while defining the vertical cloud company business model. Medidata’s mission is to power smarter treatments and healthier people.

Tarek has more than 30 years of leadership experience in health-tech and finance. Prior to Medidata, he co-managed and managed equity funds focused on public and private technology and life sciences companies, as well as holding various positions in finance.

Tarek received his BA in economics from Yale University in 1984 and graduated from Columbia Business School in 1991, where he earned a degree in business administration and finance. He serves as the co-chair of the Partnership Fund for New York City, which is focused on creating business opportunities and jobs for city residents. Tarek also sits on the advisory board of Students on Ice, a not-for-profit organization focused on inspiring youth through educational expeditions to the polar regions,​ the Musculoskeletal Advisory Board at NYU Langone Medical Center​, ​and Defy Ventures—a New York-based non-profit dedicated to​ providing business leadership ​training ​and entrepreneurial ​education to​ people with criminal histories.