We are very proud to present you the results of the second GFLO.
The Global Female Leaders Outlook 2019 offers deep insights on how female leaders view corporate leadership, where they focus their attention and what they are willing to change. The findings are based on responses from more than 1,100 women in 52 different countries and territories.
In some areas, for the sake of comparison, we decided to share results from KPMG’s Global CEO Outlook. As questions are nearly identical in both surveys, this allows for some meaningful insight, e.g. in terms of economic prospects.
Long-term orientation and growing stakeholder influence
Future generations will clearly not longer accept short-term, profit-only oriented strategies and mere lip service. There will be a democratization of decision-making in companies, as well as in the public realm. It is clear, as a result, that traditional management and incentive systems are reaching the end of their relevance.
Agility and innovation will secure success
Decision-makers need to be extremely agile and flexible in the type of volatile environment we live in. This opinion is shared by 82 percent of female executives who see agility as the critical success factor in today’s business world. This view is shared by sixty-seven percent of the respondents in the Global CEO Outlook, who also believe that those who react too slowly will soon become irrelevant in the marketplace.
Subdued growth but there is trust in new technologies
Growth becomes increasingly difficult in an uncertain business world. Global Female Leaders do not believe the global economy is robust. Only 38 percent expect positive growth compared to 50 percent last year.
Companies need to take responsibility for fostering cultural change
The role of women in business seems to have evolved in a positive way in recent years. But there are still areas where action is needed: Only thirty-nine percent of the women in our survey assume that they will have to change companies to advance their career.
Secure previous achievements and proactively shape the future
Current developments show that humankind is not only facing technological disruption, due to digitalization and the emergence of elements of it such as artificial intelligence. Just as influential on our lives are other aspects, for example climate change or political disruptions. We will be able to solve them with cooperation and contribution from companies and all other interested economic and political parties.
Secure previous achievements and proactively shape the future
Current developments show that humankind is not only facing technological disruption, due to digitalization and the emergence of elements of it such as artificial intelligence. Just as influential on our lives are other aspects, for example climate change or political disruptions. We will be able to solve them with cooperation and contribution from companies and all other interested economic and political parties.
In cooperation, the Global Female Leaders with KPMG International and KPMG in Germany have conducted this study in order to showcase the views of female leaders on a global basis.
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Reach out for insight on how female leaders view corporate leadership, where they focus their attention and what they are willing to change.
