Gender Diversity in Business is Making Strides, Yet Significant Challenges Remain according to a new YPO Survey
PR89756
NEW YORK, May 27, 2021 /PRNewswire=KYODO JBN/--
Work ethic, ability to build relationships and passion are key drivers to
becoming a business leader according to the new YPO (
), Financial Times (
) and United Nations Women HeForShe (
) Global Chief Executive Gender Equality research (
) released today at the HeForShe Summit (
) and fielded to uncover groundbreaking insights about the journey to the
corner office
Logo - https://mma.prnewswire.com/media/1065220/YPO_Logo.jpg
Conducted 10-22 March 2021 with 2,079 YPO member chief executives from 106
countries responding, the survey provides needed research on gender specific
roadblocks leaders face in their path toward becoming a chief executive and
actionable insights on how to remove them for future generations.
Key learnings include:
-- Overall, 57% of global business leader respondents reported that their
companies are somewhat or significantly more gender diverse than five
years ago.
-- The female leadership journey takes, on average, two years longer.
-- Women-led businesses report more female diversity on their boards, in
senior management and in their organizations. Female chief executives
reported that 43% of their senior management is female versus 26% at
male-run businesses. At the organization level, 48% of the workforce
is female at women-led companies; 37% of the workforce is female at
male-run companies.
-- Female chief executives are more likely to face "balancing respect with
likability" (30%) and "overcoming others' preconceptions about me"
(20%) than their male counterparts." In contrast, only 9% of male chief
executives have had to overcome preconceptions.
-- When asked about "cultural expectations related to gender," 2% of male
respondents reported facing this compared to 47% of female respondents.
-- Seventy-three percent of female respondents compared to 42% of male
respondents took leave or sacrificed career advancement because of
family needs.
YPO member respondents provided several key insights on how all business
leaders can create a more equitable path forward including:
-- Conduct bias training
-- Make recruiting women a priority
-- Support flexible work options
Complete survey results are available on YPO.org (
).
The YPO Global Chief Executive Gender Equality Survey Methodology:
The Global Chief Executive Gender Equality Survey was fielded to YPO members
from 10-22 March 2021 via an online questionnaire. A total of 2,079 YPO member,
whose ages range from 24 to 92, responded to the survey. The members in this
sample, 23% of whom were women, are representative of the larger YPO population
and come from 106 different countries. The margin of sampling error is plus or
minus 2.09 percentage points at a 95 percent confidence level.
About YPO:
YPO is the global leadership community of more than 30,000 chief executives in
142 countries who are connected by the shared belief that the world needs
better leaders. Each of our members have achieved significant leadership
success at a young age. Combined, they lead businesses and organizations
contributing USD9 trillion in annual revenue. YPO members inspire and support
each other through peer learning in an inclusive community of open sharing and
trust. Visit ypo.org (
https://c212.net/c/link/?t=0&l=en&o=3177433-1&h=107690946&u=http%3A%2F%2Fwww.ypo.org%2F&a=ypo.org
) for more.
SOURCE: YPO
CONTACT: Amy Reid, areid@ypo.org
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