What challenges are facing women in business in 2021? | TopMBA
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What challenges are facing women in business in 2021?

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By Niamh Ollerton Updated Nov 23, 2021
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We’ve only recently moved into the second quarter of 2021 – but there are already two figures that jump out when it comes to top management positions in 2021:  

  1. Women occupy only 21 percent of these roles. 

  1. Women represent 54 percent of overall job losses due to the current pandemic-induced economic crisis. 

ESCP Executive Education recently held a virtual roundtable to discuss how to boost women in industry, combat societal bias and address the unique challenges faced by women in business. 

More women in management than ever before – but still not enough at a senior level 

Diana Clarke, Professor at ESCP Business School said in the discussion that there have never been as many women in management as there are today – nor as many women at start-ups: “We can safely say that around 37 percent of middle management positions are now occupied by women.” 

However, Clarke added that the number decreases as you go up the corporate ladder – with about 25 percent hired in senior middle management, and 13 percent at board level.  

Clarke said: “We have to work on this, we're reflecting situations with roots from 25 years ago.” 

Female startups are performing well but underfunded 

Gender segregation leads to male-dominated fields 

Female job applicants can lack confidence and assertiveness 

Companies fail to understand benefits of more equal workplaces 

Improving education from an early age 

Working together moving forward 

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