Women are 15% less likely to be promoted to the next level as compared to men and at the current pace, it will take more than a century before gender
Women are 15% less likely to be promoted to the next level as compared to men and at the current pace, it will take more than a century before gender equality is achieved in the C-suite. A McKinsey study shows that women have the potential to be better leaders than men but still are underrepresented.
As per the study by Catalyst, “the group of companies with the highest representation of women on their top management teams experienced better financial performance than the group of companies with the lowest women’s representation”.
It’s certain that this gender gap in our corporates will continue unless we take affirmative action to accelerate the process of building and growing women leaders and bridge this gender gap.
Let’s hear our experts and accelerate the process of building women leaders which is not only a business imperative but the right thing to do.
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