Women in Business

Women usually take a break from their careers because of personal reasons like: starting a family; attending to a loved one either in old age or sickness; getting married or relocating.

The popular TV series Mad Men tells the fictional stories of the cutthroat advertising industry in the 1960s. 

In the financial services industry, as seniority level increases, diversity declines. 

Skills that women bring to the table, once called soft skills, are now recognised as both profitable and essential. It is critical, then, to consider the impact of the Fourth Industrial Revolution on women in the workplace.

An article by Forbes, The Pressure Is Real For Working Mothers, states that “43% of highly qualified women opt out or off-ramp on their way back to work post-baby.” 

South African business has a serious diversity problem - only 3.3% of listed companies have female CEOs and 85% of CEOs are white, despite an increase from 2018.

As we begin National Women’s Month in South Africa, I have taken some time to reflect on the interactions I have had with strong successful women during the past seven years of training and coaching.

The year so far has been a good one for South African companies on the gender transformation front, with statistics seemingly moving in the right direction for the first time in recent history

Research shows that having women in leadership roles helps companies perform better financially, and companies in Africa have certainly adopted this approach. 

Pages

Subscribe to Women in Business