Women leaders are switching jobs at rates far higher than their male counterparts as they demand more from their employers and show they’re willing to go elsewhere to get it. That trend is substantiated by recent research from McKinsey. Given this reality – and the business world’s drive to create more diverse and inclusive leadership teams – the pressure is now on companies to hold on to the few women leaders they already have.

But there’s a lot of work to be done. Despite a strong focus by organizations to deliver a more inclusive workplace, change is not happening as quickly or as widely as it should, says Cindy Sieberts, country director for South Africa for digital payments gateway MFS Africa. A good illustration of how slow the rate of change is can be found in executive representation at companies listed on the Johannesburg Stock Exchange (JSE), Africa’s largest stock exchange. According to a 2022 analysis by PWC, just 15% of the JSE executive population was women. While that represented a slight improvement from 2021, when women made up 13% of corporate executives, it will take another 17 years for executive parity at the current rate of improvement.  

Read more at: https://www.cio.com/article/652350/transforming-the-leadership-trajectory-for-women-in-tech.html