23 Aug Why women in business are great for Australia’s economy
The Dream Collective‘s excellent new book The World We See will be launched this week in Sydney. It collects the advice of more than 30 iconic Australians in business, politics and showbiz, including PM Malcolm Turnbull, media legend Ita Buttrose and some of our top CEOs and corporate leaders, for the emerging leaders of the future, especially women.
They’re a diverse bunch united by one theme: the desire to close the gender equality gap in this lifetime, not just because it’s the right thing to do but also because it’s good for Australia’s bottom line, which is more important than ever as we struggle to find our way in post-natural-resources-boom economy.
Why is this book necessary? Because:
- In 2014-15, Australia dropped 12 spots to 36th place on the World Economic Forum’s Gender Gap Index, ranking far behind less well-resourced countries like Rwanda, Slovenia and Nicaragua, for example, in how well we leverage our female talent.
- Even though women represent 46 per cent of Australia’s labour force, only 15 per cent of our CEOs are female.
- At current rates, it will take 117 years to achieve gender parity in leadership roles globally.
Contributors like the Centre for Workplace Leadership founding director Professor Peter Gahan cite myriad benefits – financial and otherwise – to making the most of female talent and promoting women to boards, while others outline what needs to happen to make the workplace a better place for women.
Sarah Liu, founder of The Dream Collective and the mastermind behind the project, is giving interviews from Sydney.