MyCIMA

Women in leadership tipping the scales

Sandra Rapacioli's picture

Female finance professionals are six times less likely than men to make it to the top, according to our latest research. So why are women still under-represented at the top, especially when it has been proven that having women in senior roles is linked to stronger financial performance of organisations?

What’s preventing women from reaching leadership positions? And what can we learn from the women who have made it?

 Strategies for Tomorrow's LeadersOur report, out today, Breaking glass: strategies for tomorrow’s leaders, answers these questions. Based on interviews with 24 of CIMAs most senior women and a survey of over 4,500 finance and business professionals, two main challenges were mentioned: the problem of achieving a satisfying work-life balance, and the difficulty of being taken seriously in a male dominated business.

But do not despair - you can learn from the best! Successful female CIMA business leaders share their secrets about how to overcome barriers and reach the top, including Helen Weir, Exec Director of Lloyds Bank Retail, Claire Ighodaro, CBE, Theresa Chan, FD of Warner Bros in Hong Kong, and many more.

The report identifies 4 strategies for success: seek support; raise your profile, be true to yourself and get organised. It also explores different leadership styles and what employers can do to nurture and capitalise on female talent. We hope it provides inspiration, encouragement and practical advice for future leaders – both male and female.

You can also join CIMA Women's Network, an exclusive women’s only network for members, students and women in finance to seek advice, network and share tips on advancing their careers. In turn, there is still time to vote in our online poll on what has most impacted your career progression as a woman.

The report and network is part of a wider CIMA campaign aimed at providing support particularly aimed at women wanting to move into senior roles. See www.cimaglobal.com/women for more information.