More diversity through female voices at every level of leadership will deliver better decisions and more equitable outcomes for AustraliaWomen are significantly under-represented in decision making in Australia. Despite women graduating from university in record numbers and in greater numbers than men, the representation of women falls by approximately 10 percentage points at each step on the management ladder. Looking to the highest levels of decision making in this country, we see only one in three parliamentary seats is occupied by a woman.
And there is evidence that progress in the private sector has stalled, with the number of women in the leadership roles in ASX200 companies stable at 12% since 2002. Many of these senior women are found in functional roles, which typically don’t lead to senior executive roles. Less than 5% of CEOs of ASX200 companies are women and just over 20% of board members of ASX200 companies are women. 12% of ASX200 companies do not have any women on their board.
Chief Executive Women supports and calls for interventions to increase representation of women in all facets of leadership in Australia. Through collaborative work with policy makers and respected organisations such as Bain & Co, Boston Consulting Group, Australian Institute of Company Directors and Male Champions of Change we aim to bring greater awareness and urgency to these issues. CEW also works directly with organisations to bring about better gender balance within their workplaces.