Globally, the pipeline for top leadership positions still hasn’t recovered to pre-pandemic levels – 14% representation of women in senior vice president roles (down from 18% in 2019) and 16% in vice president roles (down from 19% in 2019).
These roles act as feeders for the C-suite and executive boards. If organisations are making significant progress in the advancement of women to top leadership positions, the percentage of female executives should be higher, stated the report.
In addition, only 39% of businesses surveyed in India report they have made advancing more women into leadership roles a top, formal business priority – 6% lower than the global figure of 45%.
Respondents, globally and in India, rank the pandemic as the most serious disruption facing women that has had a lasting toll on them. Geopolitical unrest is ranked number two globally and locally.
“Women are significantly underrepresented at nearly every level of the workforce. If companies prioritise gender diversity across their entire organisations through policies, investments, and a culture that meaningfully supports women, we’ll see a transformative impact — equity for everyone in the workplace and stronger, more resilient businesses,” said Lindsay Kaplan, cofounder and chief brand officer of Chief.
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The study found the number of women at the C-suite and Board level is now 13% and 14% representation, respectively, while there is 41% representation of women in junior professional/specialist roles.
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