Defining success: women, work and leadership
HLB Women Advancement Report 2024This comprehensive report offers global insights into gender parity, diversity, and inclusion within the professional landscape, offering strategies for creating more equitable workplaces and a toolkit for self-advocacy.
Women play a significant role in the workforce, holding C-suite positions, leading research institutions, and shaping the global political agenda. Yet, systemic issues continue to hold back progression.
Globally, women hold only 32% of leadership roles, despite representing 42% of the total workforce. The disparity is even more pronounced across specific regions and industries.
Yet our report shows that companies that prioritise diversity not only succeed financially but also gain strong stakeholder support and retain top talent. Women-led businesses are setting new benchmarks and demonstrating outstanding growth, showcasing their pivotal role in modern success stories.
Building a better system of belonging
There are a number of key steps based on our research which organisations can take to address gender bias and imbalance:
DEIB audit
Go beyond compliance by adopting outcome-driven Diversity, Equity, Inclusion, and Belonging initiatives.
Listening strategy
Encourage open communication. Companies that actively listen innovate more effectively and create a stronger sense of belonging.
Hiring and succession planning
Redefine job requirements to encourage wider applicant pools and ensure transparent succession planning.
Inclusive corporate policies
Develop policies that accommodate diverse employee needs, such as flexible work arrangements and comprehensive parental support.
Human-centred leadership
Promote leadership styles that value empathy and inclusivity, empowering all employees to contribute meaningfully.