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Women Gain Ground, Respect

Published: January 29, 2014 (Issue # 1795)



  • The percentage of women in senior roles rose from 21 percent in 2012 to 24 percent in 2013.
    Photo: Depositphotos.com / For SPT

Although women occupy 31 percent of managerial positions in Russian companies, ranked 11th in the world according to Oxford’s Saïd Business School and significantly higher than in the United States or the United Kingdom, much needs to be done to develop true diversity at management level.

“If you look at quantitative data, it’s actually quite clear that the situation for women in senior positions in Russia is relatively positive,” said Katleen de Stobbeleir, a professor in HR Management and Leadership at Vlerick Business School, speaking to The St. Petersburg Times. “Certainly, Russia is ahead of the U.S. and most of Europe in terms of women in senior positions.”

“When I teach executive classes for specific companies in Russia,” de Stobbeleir continued, “I am always surprised by the high proportion of women in the classroom.”

2013 was a milestone year for women in senior positions.

You may also be interested in: 100 Most Powerful Women

“On a global scale, the percentage of women in senior roles rose from 21 percent in 2012 to 24 percent in 2013 while Korea inaugurated its first female president,” said Gayle Peterson, co-director of the newly launched Women Transforming Leadership Programme at Oxford’s Saïd Business School, speaking to The St. Petersburg Times.

In 2013, the EU enacted a law requiring a specific number of women in executive positions in companies. Last year the European Commission began voting on a regulation that would require 40 percent of top posts in European Union companies to belong to women. In the U.K., women make up 47 percent of the financial elite, according to CCI-Inform, the commercial and industrial journal of the Chamber of Commerce and Industry of the Russian Federation.

Research has proved that women improve the efficiency of a company. A report from U.S. consultant firm McKinsey and Co. recently revealed that gender-balanced executive boards earn a 56 percent higher operating profit compared to companies with male-only committees.

You may also be interested in: Top Female Executives Celebrated

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ALL ABOUT TOWN

Monday, Nov. 24


Dr. Axel Schulte, Department Head at Fraunhofer Institute for Material Flow and Logistics in Dortmund, Germany, is the featured speaker at the SPIBA Industrial Committee lecture on “The Fourth Industrial Revolution: Digitalization of the Supply Chain.” The event begins at 4 p.m. at the Graduate School of Management at 3 Volkohvsky Pereulok and registration is required by Nov. 21 either by emailing office@spiba.ru or calling 325 9091.



Tuesday, Nov. 25


Tag along with AmCham during their “Industrial St. Petersburg” Tour program today. This incarnation of the ongoing series will visit Philip Morris Izhora and include an Environmental Health and Safety Committee meeting.


Find out how to expand your business east during the “Business With China” forum beginning today and concluding tomorrow at the Lenexpo convention center. The largest Russian forum dedicated to business with the Asian giant, topics that will be discussed include logistics, customs clearance, trade financing and many more.



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