The perks and challenges of women at the helm

In the evolving landscape of the global economy, women-led organisations have carved out a significant niche, showcasing resilience, innovation, and a distinctive leadership style that brings myriad benefits to the business world. As of early 2023, female executives have achieved a significant benchmark by heading over 10% of Fortune 500 companies, with at least one company in the top 10 being led by a woman. Although this figure might not seem impressive at first glance, it represents a significant advancement when viewed in the context of the historical struggle for women to reach the highest leadership positions in the corporate world. For many years, the Fortune 500 list featured merely one or two female CEOs. Going back to the year 2000, there were only four companies in the Fortune 500 led by women. Fast forward to today, and the number has surged to 53 women at the helm of Fortune 500 companies. These entities, steered by women, are a testament to the power of diversity in fostering a more inclusive and equitable professional environment. However, the journey of women at the helm is not without its challenges, marked by societal biases and structural barriers. 

Read more at: https://www.peoplematters.in/article/leadership/the-perks-and-challenges-of-women-at-the-helm-40529

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