There is a dark cloud hanging over UK businesses. Slow growth and a lack of real innovation has left the UK as by far and away the least productive nation in the G7. Perhaps then it is time to review how and more importantly who is running our businesses. It is depressingly unsurprising to learn that women not only make up only 9% of FTSE 100 chief executives, while progress towards equality seems to be as sluggish as our businesses themselves, with women not projected to reach CEO gender parity until 2076. These numbers should be of concern not just for its clear unfairness but also on pure economic grounds. Low levels of equality in the boardroom go hand in hand with our lack of competitiveness. Simply put, British businesses do not have their finger on the pulse of the wider population, and a closer look at what women can bring to executive level roles is long overdue.
Read more at: https://www.eureporter.co/business/2024/01/15/breaking-the-chains-the-urgent-need-for-female-leadership-in-uk-business/