The world economic forum says that at the current rate of change, it will take 108 years to close the overall gender gap and 202 years to bring parity in the workplace. India has one of the lowest female labour force participation rates in the world and a majority of women work in the informal sector. Even though there are more women graduates, the number of those joining the corporate sector and rising to the top remains abysmally low.
A close look at this year’s Fortune India 500 list reveals how acute the problem is. Just 29 companies on this year’s list have women leaders with executive powers.
The list of women heading some of India’s largest corporations includes Kiran Mazumdar-Shaw, chairperson and managing director, Biocon, No. 243 on the list; Kaku Nakhate, president and country head, India, Bank of America (BofA), which is at No. 370; and Meher Pudumjee of Thermax, which is at No. 240.
Renu Sud Karnad, managing director of HDFC Ltd, which is at No. 16 on the Fortune India 500 list, says when it comes to leadership positions, the numbers tilt against women for various factors— one reason being women’s role as primary caregivers in the family, which often makes them leave their careers midway.
“One major challenge that women always face is ‘work-life balance’. Those who can achieve the right balance will succeed... The balancing act between family and work leaves women with almost no time to socialise professionally. Effective networking is a necessity for a good leader,” she says.
There are some sectors that have seen a significant number of women leaders in recent years. Take banking and insurance. This year, apart from BofA and HDFC, there are several other companies in the sector headed by women, like Corporation Bank (No. 86), which has P.V. Bharathi as its MD and CEO; and Indian Bank (No. 73) where Padmaja Chunduru is MD and CEO.
Diese Geschichte stammt aus der December 15, 2019 - March 14, 2020-Ausgabe von Fortune India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 15, 2019 - March 14, 2020-Ausgabe von Fortune India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Forza!
Tennis has a new force: the 22-year-old Italian ski racer turned court champion Jannik Sinner nickname: The Fox). Abby Aguirre meets him in the midst of an electrifying winning streak.
THE OTHER SIDE
Sophie Turner talks about the harsh glare of attention following her breakup and how she has emerged stronger, happier, and healthier than ever.
Now and Forever
From corsetry and embroidery to the fineness of tailoring, this season's most beguiling silhouettes offer a palpable sense of history and craft. Liya Kebede and her children connect the dots between past, present, and future.
Madame Paris
Mayor Anne Hidalgo has long been a leader under scrutiny. And now she and her glorious city will be center stage for the Olympics.
Free Reign
Boho chic, the liberated and unfettered style statement of the aughts, is back with a floaty, festival-ready vengeance.
No Filler
The sandwich” facial migrates to other parts of the body.
A WATERY STAGE
The Paris Games will kick off, in spectacular fashion, with a procession on the Seine. Gaby Wood meets the creative director orchestrating it all.
DOUBLE ACT
Married artists Sam Moyer and Eddie Martinez have built their lives and careers on parallel tracks. Now, with simultaneous shows at the same museum, they are converging.
Everything Under the Sun
To Kendall Jenner, mental health means many things: rest, reflection, riding, reading—and being open. She talks to Rob Haskell about a decade in modeling. Photographed by Mert Alas and Marcus Piggott.
The Longest Journey
In 2022 a stroke brought Hamish Bowless teeming life to a crashing halt. After months spent in the hospital and a year back at home, he reflects on just how far hes come.
THE BATTLE OF THE BUILDS DEDICATED VS INTEGRATED GPUs
We put AMD's latest Ryzen 5 8600G to the test
Intel Raptor Lake Core 19 Instability Problems
THE RACE BETWEEN AMD AND INTEL has heated up in the past few years as Ryzen processors have become increasingly competitive. The amount of headroom for overclocking has shrunk in response, and it seems motherboard vendors may have tweaked settings a bit too aggressively.
CREATE A SECURE WIREGUARD VPN SERVER
Discover how to securely access your home network when out and about, with Nick Peers
Intel announces 6th Gen Xeon brand
'Xeon Scalable' becomes the Xeon 6 series
What exactly is an 'AI' PC?
AI, EVERYWHERE, all at once. That, in a nutshell, is what's happening to the computing industry. The PC, inevitably, is not immune. Later this summer, you'll be able to buy a machine that officially qualifies as an 'Al' PC, according to no lesser an authority than Microsoft. But you might be surprised at who's making it.
LG ANNOUNCES GAMING OLED
The panel can alter refresh rates and resolutions
Use Photoshop's new AI features
YOU'LL NEED THIS PHOTOSHOP CC 25.5 OR LATER
HP Omen 45L
HP's biggest desktop PC offers mighty gaming potential
HOW DO YOU KNOW IF YOU'VE BEEN HACKED?
Don't let attackers sneak under your radar: Nik Rawlinson reveals the telltale signs to look out for
Sapphire RX 7900 GRE Pulse
The Golden Rabbit Edition goes global
THE THEATRE - PHOTO REALISM
Moisés Kaufman's Here There Are Blueberries.”
Thataway Thomas McGuane
The two sisters were growing old now, but they went on gazing toward Palm Springs from this windblown prairie town as though to Mecca.
FAMILY PORTRAIT
In his latest novel, Garth Risk Hallberg shrinks his frame.
AGE OF ANXIETY
The love songs of Billie Eilish.
A REPORTER AT LARGE YOU MAKE ME SICK
How corporate scientists discovered—and then helped to conceal—the dangers of forever chemicals.
THE WORLD OF TELEVISION CASTOFFS
REALITY-TV CONTESTANTS ARE BARELY PAID, AND THE EXPERIENCE CAN FEEL LIKE ABUSE. SHOULD THEY UNIONIZE?
ONWARD AND UPWARD WITH TECHNOLOGY ABRIDGED TOO FAR
The world according to Blinkist.
ANNALS OF INQUIRY WAIT FOR IT
Suspense in literature and life.
THE CURRENT CINEMA APOCALYPSE WHEN
“Megalopolis.”
SHOUTS & MURMURS IDENTIFIED
A panel of scientific experts commissioned by NASA to study unidentified anomalous phenomena,” more widely known as UFOs, said Thursday that it found no evidence that any of the reported objects were extraterrestrial in origin.
