GLOBAL WOMEN'S FORUM

THEME: "WOMEN: INFLUENCING THE GLOBAL"

img2 23-24 Sep 2024
img2 Village Hotel Changi, Singapore
Rebeca García-Ramos

Rebeca García-Ramos

Universidad de Cantabria and Santander Financial Institute, Spain

Title: Gender Diversity and Business Management: Implications, Challenges, and Opportunities


Biography

Rebeca García-Ramos is Associate Professor of Finance at the Business Administration Department of the University of Cantabria. She is also Researcher of the Santander Financial Institute (SANFI) of the University of Cantabria. She has been recognized with a six-year term research (call 2017) and has applied to the second in the current call. She is Graduate in Economics, University Expert in International Commerce and Transport and Doctor of Business Administration by the University of Cantabria (UC), with a qualification of Distinction Cum Laude and International Mention.

Her researcher activity focuses on the fields of Corporate Finance, Corporate Governance and Corporate Social Responsibility, and Corporate Sustainability, with special interest on Gender Diversity. She is author of several papers published at indexed journals (WoS and Scopus) and SPI books. 

Abstract

Gender diversity in business management has become increasingly important as organizations aim to create inclusive and equitable workplaces. This trend aligns with Sustainable Development Goal 5 (Gender Equality) by promoting equal opportunities for men and women in leadership roles, thus reducing workplace gender disparities and fostering inclusive economic growth. Additionally, promoting gender diversity supports Sustainable Development Goal 8 (Decent Work and Economic Growth) by enhancing productivity, innovation, and overall organizational performance through the integration of diverse perspectives and talents.

Research indicates that diverse teams, including those with gender diversity, are more adept at generating creative solutions, navigating challenges, and adapting to market dynamics effectively. Despite these benefits, achieving gender diversity in business management faces persistent challenges such as gender biases, stereotypes, and systemic barriers that hinder women's advancement into leadership positions. Women remain significantly underrepresented on corporate boards globally, which not only perpetuates inequalities but also limits organizations from benefiting from a broader range of perspectives and talents

The aim of this presentation is to show that the underrepresentation of women on boards of directors remains a persistent challenge in many industries worldwide. Addressing the underrepresentation of women on boards requires concerted efforts to dismantle systemic barriers, challenge gender biases, and promote inclusive recruitment and retention practices. By actively promoting gender diversity at the highest levels of corporate governance, organizations can drive innovation, enhance decisionmaking processes, and foster more equitable and sustainable business environments.

Despite these challenges, organizations have significant opportunities to capitalize on gender diversity. Embracing diversity and inclusion initiatives can lead to a more engaged workforce, enhance employer branding, and attract top talent. Moreover, diverse leadership teams are better equipped to understand and address the needs of diverse customer bases, driving innovation and market growth.

To fully realize the potential of gender diversity in business management, organizations must adopt holistic approaches that address structural inequalities, foster inclusive cultures, and support women's leadership development. This requires commitment and action at all levels of the organization.

In conclusion, gender diversity in business management is not only a social justice imperative but also a strategic necessity for organizational success in today's competitive landscape. By embracing diversity, overcoming challenges, and seizing opportunities, businesses can unlock the full potential of their workforce and drive sustainable growth in the long term