Defining success: women, work and leadership

HLB Women Advancement Report 2024
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0%
believe gender biases and stereotypes affect the progression of women in leadership

0%
agree societal biases influence perceptions of business leadership, favouring male successors

0%
state the lack of gender diversity in decision-making roles negatively impacts women's advancement

This 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.

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