Study Finds Advancing Women Is Not A Priority For 70% Of Organizations Surveyed

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According to a recent IBM Institute for Business Value (IBV) study, despite heightened awareness of women's challenges in the workplace driven by the Covid-19 pandemic, gender equity is still not a top priority for 70 % of global businesses to business professionals surveyed.

"This study is a continuation of research work that IBM has been doing for several years," said van Kralingen."In 2019, the IBM Institute for Business Value surveyed 2,300 executives, middle managers, and professionals—an equal number of women and men—across 10 industries and nine geographic regions. As a result, we want to understand better why a significant gender disparity in the leadership ranks persists and what can be done to drive progress toward gender equity.

When asked how to best address these findings, van Kralingen answered,"The big takeaway from the study is that the last year took a toll on female leaders. Between 2019 and today, the pipeline of women looking to move into leadership roles shrank. At the same time, advancing women is still not a top priority for 70% of organizations. This is bad for the overall economy, business, and women and men — and it is important to address this issue head-on.

found that the best-performing CEOs say they are committed to supporting the wellbeing of their employees, even at the cost of profitability or budget. Focus on empathetic leadership and enabling middle managers to be advocates for positive cultural change.

Source: News Formal (newsformal.com)

 

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