In June 2016, Oliver Wyman, the global management consultancy, released its second paper on women’s progress in the financial services sector. The report includes an analysis of 381 financial services organisations globally, including South Africa, and found that at the rate of current progress, executive committees in financial services industry globally will only reach 30% female representation in 2046.
Shocked yet? 2046! How is that possible? Depending on which study you read, women in open economies make up between 47% and 51% of the workforce, so why would they only get to 30% of leadership positions in 30 years’ time? And why is it important that they do? Continue reading “Are women just bored of boards?”