NEW DELHI: According to the WOMEN IN BUSINESS 2021 report by Grant Thornton, India ranks third in the world for women working in senior management positions.
Notably, the percentage of women in senior management for India stood at 39 percent, as against the global average of 31 percent, which signals the changing outlook of Indian businesses towards working women.
The percentage of women leaders across key positions in C-Suite in the country also emerged higher than the global average in the report. While globally, businesses with at least one woman in the senior management role increased to 90 percent, the same stands at 98 percent in India. In fact, 47 percent of mid-market businesses in India now have women CEOs compared with 26 per cent globally.
Sharing her views on the report findings, Pallavi Joshi Bakhru, Partner, Grant Thornton Bharat, said: "Under the challenging circumstances of 2020, the boundaries between work and home have blurred. In this scenario, it is good to see action being taken by businesses to ensure employee engagement and inclusion."
The report also covers the impact of Covid-19 in the workplace, especially on women. A total of 88 percent of respondents in India believe new working practices will benefit women's career trajectories in the long term compared with 69 percent globally. 'Innovative', 'adaptive to change' and 'courageous to take risks' will emerge as top leadership traits in 2021.
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