Ref: GS-Social-gender-disparity

Signal



Gender (dis)parity

Half of the world’s population is made up of women. Yet in many areas there is a major inequality gap between men and women – to the detriment of the competitiveness and future- readiness of economies and businesses worldwide. How can countries and/or companies level the playing field between the genders? How can they nurture and harness the potential of diversity?

A variety of studies have found that improving gender parity (equality) can lead to significant economic benefits. In education, this can translate into lower infant mortality rates, increased labor participation rates and earnings; in politics, improved gender parity contributes to reducing inequality in society at large and heightened democratic outcomes. In the formal economy, female talent is one of the most underutilized business resources that has the potential to unlock new opportunities for growth. The World Economic Forum, which seeks to quantify and track the magnitude of gender disparities through its annual global gender gap report, finds the pace of progress to be slow. Globally, the gender gap remains very wide in terms of economic participation and political empowerment, but is substantially narrower for health and education.

“A high percentage of ‘Women on Boards’ is observed in high ranked economies with respect to competitiveness. The average of the female board members in the ten most competitive economies is almost 21% whereas in the ten least competitive economies it is only 7%. Thus, given the availability of women with degrees, economies must integrate the skills and competencies available to them more effectively.” – Adjunct Professor Christos Cabolis

Christos Cabolis. “Competitiveness and gender parity: A long way to go.” (accessed 7 November 2018). World Economic Forum. “The Global Gender Gap Report 2017.” (accessed 7 November 2018).
Social

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At IMD we believe these are crucial questions that business leaders need to be asking themselves.  “IMD Global Signals™” help you explore the various trends (signals) happening in the world. The signals are regularly updated to reflect the changing times. 

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