Categorized | Business

The Role of Modern Femlae Executives

Despite strides in the realm of gender equality in the workplace, it remains a systematic problem in many corporate sectors. Gender disparity in the workplace is becoming less apparent at the lower levels of management, but evidence indicates that the higher you climb up the corporate ladder, the wider the gap between the earning power and influence of male and female executives.

Why is Gender Equality Important?
Laying aside the fact the more than 50 percent of the world’s population are women and the workforce should reflect that demographic in a meaningful way, gender equality is more essential than ever as corporate globalisation continues to increase. This world-wide shift in the nature modern corporations is also causing a shift in the dynamic of what is required for corporate competitiveness.

The leaders of tomorrow must be more comfortable with, as well as tuned-in to, diversity. The reality is, although women make up to 80 percent of consumer buying decisions, control 20 trillion dollars worth of global consumer spending and earn 60 percent of Bachelor’s and graduate degrees, they account for less than three percent of all CEO positions and less than seven percent of all top-earning executive positions.

Margot Micallef is an example of the kind of modern female executive who strives to set an example and give back to the community. Though there are many instances of women in powerful positions, there’s still a gender gap and it’s up to those who have made it to pave the way and set an example for those who are coming up.

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