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Women in business around the world

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Vitalii Semeniuk

on 27 December 2013

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Transcript of Women in business around the world

Women in business around the world
Women in Senior Management
Source: GRANT THORNTON INTERNATIONAL BUSINESS REPORT 2012
Globally
Top 10
Bottom 10
Workplace
Changing mentalities and legislation

Global norms for education & gender equality
Equal payment
Work/life balance
Protection against sexual harassment

BUT
in reality
Difficulties to be hired
Sexism in the workplace – stereotypes
Likeability penalty
No equal pay
Source: GRANT THORNTON INTERNATIONAL BUSINESS REPORT 2012
Managerial Positions
In theory:


Leadership qualities
Collective intelligence
Gender diversity and corporate performance

In reality:

There are more men working at managerial positions
Stereotype of the efficient manager
Difference of style perceived as a difference of skills
Work still designed for men
Limitations women put on themselves
Female managers' positions
Source: GRANT THORNTON INTERNATIONAL BUSINESS REPORT 2012
The Glass Ceiling
invisible barriers restricting women to move to the upper levels of a corporate structure
The Corporate Ladder: The Ladies Vanish
recent survey of 60 major world corporations
Source: GRANT THORNTON INTERNATIONAL BUSINESS REPORT 2012
The Glass Cliff
employing/promoting women at the top management level to the risky or precarious positions that are condemned to failure from the very beginning
Solutions
Create an environment that supports working women
Implement measures to facilitate the work/life balance
Share awareness of the norms and regulations
Communicate the existing problem through the organization
Discuss solutions with other employees
... and it is expected that the trend will go up
European Parliament proposed a quota of 40% on the number of women directors on supervisory boards by 2020
Spain - a gender equality law was passed in 2007 obliging businesses with more than 250 employees to have at least 40% women on their boards by 2015
France - a bill has been passed requiring 40% of board members to be women in 6 years for listed businesses and 9 years for non-listed businesses
UK - the government has called for at least 25% of FTSE 100 boards to be made up of women by 2015

Example
a real-life example of Marissa Mayer?
References:
Grant Thornton International Business Report (2012), URL: http://www.internationalbusinessreport.com/Reports/2012/women.asp [accessed: 05.12.2013]

Fox, C. / Financial Review (2012) URL: Forget Mayer’s baby, what about the glass cliff? [access: 05.12.2013]

Lewis, J.J. (2013) Glass Ceiling, URL: http://womenshistory.about.com/od/work/g/glass_ceiling.htm [accessed: 01.12.2013]

McKinsey and Company (2007) Women Matter - Gender Diversity, a corporate performance driver, URL: http://www.womenandtechnology.eu/digitalcity/projects/w4ict/documents.jsp?dom=BAAFLWIU&prt=BAAFLAHN&firt=AAABRARL&men=BAAFLSUS&fmn=BAAFLBON [accessed: 01.12.2013]

Olen, H. / FORBES (2012) Marissa Mayer and the Glass Cliff, URL: http://www.forbes.com/sites/helaineolen/2012/07/16/marissa-mayer-and-the-glass-cliff/ [accessed: 05.12.2013]

Ryan, M. and Haslam, A. (2004) Introducing.. the glass cliff, URL: http://news.bbc.co.uk/2/hi/uk_news/magazine/3755031.stm [accessed: 01.12.2013]

Trimble O'Connor, L. and Munsch, C. (2013) Today's Employees No Longer Look Like Don Draper, So Why is Work Still Designed for Him?, URL: http://www.huffingtonpost.com/lindsey-trimble-oconnor/todays-employees-no-longe_b_4214099.html [accessed: 01.12.2013]
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