fbpx

Women in Business 2021 report: India ahead of global average  

New report ranks India third in the world

Reading Time: 2 minutes

India ranks third in the world for women working in senior management positions, according to the Women in Business 2021 report by global accounting and consulting firm Grant Thornton.

The percentage of Indian women in senior management for India stood at 39 per cent, as against the global average of 31 per cent, which signals the changing outlook of Indian businesses towards working women.

The percentage of Indian women leaders across key positions in C-Suite in businesses also emerged higher than the global average in the report. While globally, businesses with at least one woman in the senior management role increased to 90 per cent, the same stands at 98 per cent in India. In fact, 47 per cent of mid-market businesses in India now have women CEOs compared with 26 per cent globally.

Sharing her views on the report findings, Pallavi Joshi Bakhru, Partner, Grant Thornton Bharat, said: “Under the challenging circumstances of 2020, the boundaries between work and home have blurred. In this scenario, it is good to see action being taken by businesses to ensure employee engagement and inclusion.”

According to Vishesh C. Chandiok, CEO, Grant Thornton Bharat, the findings from the report reflect the willingness of businesses to adapt, innovate and create a diverse culture. “It is heartening to note India ranks higher than its global counterparts in creating a gender-inclusive culture. We are third with 39 per cent women in senior management positions. With more women taking on leadership roles and diversity on board, businesses will open new opportunities for growth.”

The Phillippines topped the survey with women taking on 48% of senior leadership roles. South Africa came in at second spot with 43%. India shared the third position at 39% with Brazil and Vietnam, followed by Germany and Indonesia (38%). The survey covered 29 economies.

The report also covers the impact of Covid-19 in the workplace, especially on women. A total of 88 per cent of respondents in India believe new working practices will benefit women’s career trajectories in the long term compared with 69 per cent globally. ‘Innovative’, ‘adaptive to change’ and ‘courageous to take risks’ will emerge as top leadership traits in 2021.

IANS

READ ALSO: Kathy Rao on the lack of gender diversity on Australian boards


Link up with us!

Indian Link News website: Save our website as a bookmark

Indian Link E-NewsletterSubscribe to our weekly e-newsletter

Indian Link Newspaper: Click here to read our e-paper

Indian Link app: Download our app from Apple’s App Store or Google Play and subscribe to the alerts

Facebookfacebook.com/IndianLinkAustralia/

Twitter: @indian_link

Instagram: @indianlink

LinkedIn: linkedin.com/IndianLinkMediaGroup

- Advertisement -

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
- Advertisement -

Podcasts

Let’s Talk Boosters: Indian Link podcast

0
  In LET'S TALK BOOSTERS, a new podcast series by Indian Link, host Ekta Sharma quizzes Dr Kritman Dhamoon of Blacktown Hospital Sydney about booster...
Frontline worker Parita Patel (inset). Image supplied

‘Serving the community’: COVID testing in remote NSW

0
  The past two years have been a rollercoaster of COVID-19 related turmoil; from isolating lockdowns, closed borders, to trying to help Indians in the...

Ep 9: What do young Indians want from love?

0
  Growing up in Indian culture, most of us know that love has never been as popular as marriage. Even in the movies, the main...
- Advertisement -

Latest News

Labor commits $6 million to ethno-specific aged care

0
  If elected, the Labor government has committed $6 million to help South Asian seniors access high quality, culturally sensitive support with provider Sri Om...

REVIEW: Don (in theatres)

0
  Sivakarthikeyan is a star in the Tamil movie world who doesn't need any introduction and in this campus Tamil flick, he is in his...
COVID-19 vaccines for children and young people

COVID-19 vaccines for children and young people

0
  It is important that you and your family stay up-to-date with COVID-19 vaccinations. To help answer your questions about COVID-19 vaccines for children aged...
albo

If the polls are right, he may soon be the next...

0
  Karen Middleton’s 2016 biography of Anthony Albanese concludes with a speech he made that year, on the 20th anniversary of his election to parliament. “I’m...
ranveer singh bomna irani in jayeshbhai jordaar

Review: Jayeshbhai Jordaar

0
  Debutant Director Divyang Thakkar's Jayeshbhai Jordaar, in which Ranveer Singh plays the eponymous character, is an endearingly light-hearted film packed with ample social messages. While...