From breaking the glass ceilings and successfully handling the glass cliffs, get to know from women leaders who have seen it all — their own success stories, what it really takes for women to be successful, and how they are enabling other women to take the lead!
While a World Bank research reveals that eliminating discrimination against working women has increased labor productivity by as much as 25 percent across countries, a report by McKinsey finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. However, despite such optimistic statistics regarding women in the labor force, women are, on average, less likely to participate in the labor force than men, according to Catalyst. Today, very few women are CEOs of the world’s largest corporations, and as of the 2018 Fortune list, only 24 women (4.8 percent) were CEOs of Fortune 500 companies. All this just highlights the fact that from entry-level to the C-suite, women are underrepresented in organizations, have lesser opportunities to advance than men, face more barriers to senior leadership like biases and stereotypes, experience an uneven playing field and fight issues related to balancing work and family, see a lack of senior or visibly successful female role models and not enough leaders sponsoring highly qualified women, the reasons that hold women back are many. Corroborating this is the fact that women don’t take risks at the workplace when it comes to leveraging opportunities. A study by KPMG that surveyed over 2000 professional women reveals that when it comes to risk-taking in the workplace, seven in ten (69 percent) women are open to taking small risks to further their career, but far fewer (43 percent) are open to taking bigger risks that may be associated with career advancement.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY
