A recent WriteCanvas-ASSOCHAM South survey highlighted the need for organizations to address gender disparities and promote gender diversity across various roles to create more inclusive work environments.
The key findings from the survey include:
- Men occupy a significantly higher proportion of leadership positions compared to women across functions and industry segments.
- The gender gap in board positions is significant, with men holding 76% of positions and only 24% of female representation, indicating a need for more women to participate in leadership roles.
- Male priorities in BoD roles may influence decision-making, impacting organizational practices, policies, and strategies. Encouraging female leadership parity is crucial for building inclusive and efficient governance frameworks.
- The gender imbalance in Team Lead positions, with 65% males and 35% females, could significantly affect organizational dynamics, decision-making processes, team culture, and leadership styles.
- Female representation is lower at 24%, indicating a lack of gender diversity in leadership roles. This could impact organizational strategies, policies, and practices.
- Sectorally, the Law and BFSI segments show a major gender imbalance, with more than 80% males in BOD roles, while Consulting Firms and the IT/ITES sector have balanced representation, albeit still favoring males.
- The BFSI and media industries exhibit gender parity in Team Lead positions, while the government sector and IT/ITES show significant gender disparity in leadership roles.
Conversely, the absence of data for the Government sector warrants further action. Understanding the gender composition within this sector is crucial for addressing potential gender disparities and ensuring equal opportunities for both males and females, especially while constituting policies and the DEI push.
Our take:
Time and again, the governments, the UN, and the DEI advocates have argued the need for a balanced workforce. Businesses are not doing anyone a favor if they encourage inclusivity and diversity in the workplace. Instead, they are investing in a workforce that will be more dedicated and committed.
As the Great Place to Work survey also confirms that diverse and inclusive workplaces earn deeper trust and more commitment from their employees.
The research indicates that a positive company culture leads to higher revenue growth, greater innovation readiness, increased talent recruitment, and higher employee retention, as employees trust fair treatment regardless of race, gender, sexual orientation, or age.
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