Women in senior management: still not enough
The past 12 months have seen women take the lead in some of the toughest economic and political environments: Christine Lagarde became the first female to head the International Monetary Fund, Angela Merkel, the German Chancellor, has emerged as the key figure in solving the eurozone sovereign debt crisis and Maria das Gracas Foster has taken over at Petrobras, becoming the first woman to run one of the world’s top five oil companies. Women also head governments in countries such as Argentina, Australia, Brazil and Thailand.
However, the GrantThorton International Business Report 2012 survey shows that just 21% of senior management roles are held by women globally, figure which has barely moved over the past decade. Moreover, just 9% of businesses have a female CEO. This short report explores why this issue matters, the current state of play and what is being done about it.